Registry · PZOL.TA
Does Paz Oil Company support Israel?
Yes — Paz Oil Company has documented support for Israel on record. Every claim below links to its source.
Filed under: Energy & oil companies · Retail & supermarket chains · Companies that support Israel
Background
Paz is an Israeli company, so the question is not whether it "supports Israel" in the abstract but what is documented. What is on the record concerns infrastructure rather than philanthropy: Paz runs Israel's largest filling-station network and the Yellow convenience chain, and it supplies fuel through stations in nine West Bank settlements and in East Jerusalem. That activity put it on the UN OHCHR settlement-business database as entry 122 and led Norway's sovereign wealth fund to exclude it in May 2025 — the second Israeli company excluded under the fund's tightened war-and-conflict criteria. Paz did not engage with the Norwegian process and had blocked its website to overseas visitors, so its own account is not on the record. We found no documented wartime donation, free-fuel programme or army-unit adoption by Paz after October 2023; the absence reflects the company's minimal public disclosure, not proof that nothing was given.
Council on Ethics — recommendation on Paz Retail and Energy Ltd. (regjeringen.no) OHCHR — A/HRC/60/19 database The Times of Israel — Norway's wealth fund divests from Paz
Timeline of documented support
Documented support
| Type | Date | Amount | Recipient | Sources |
|---|---|---|---|---|
| Operations in Israel | 2024-12-19 | — | Israel (fuel distribution, filling stations, Yellow convenience retail and the Ashdod refinery) Paz, which trades today as Paz Retail and Energy Ltd. after renaming from Paz Oil Company, is an Israeli fuel and retail group listed on the Tel Aviv Stock Exchange. It runs the country's largest network of filling stations, the Yellow convenience-store chain attached to them, and fuel distribution and refining assets including the Ashdod refinery. This entry records what the company is and where it operates; it is not a donation. | |
| Operations in Israel | 2025-09-26 | — | Israeli settlements in the occupied West Bank, including East Jerusalem (fuel supply and service stations) The UN Office of the High Commissioner for Human Rights lists "Paz Retail and Energy Ltd." as entry 122 in its database of business enterprises involved in activities linked to Israeli settlements (A/HRC/60/19, 26 September 2025, 158 enterprises). The activities recorded against it are (e) the provision of services and utilities supporting the maintenance and existence of settlements and (g) the use of natural resources, in particular water and land, for business purposes. This is a UN finding of "reasonable grounds to believe," recorded here with its primary source; it is not a court judgment. | |
| Operations in Israel | 2025-05-12 | — | Filling stations in nine West Bank settlements — Alfei Menashe, Argaman, Ariel, Beit El, Karnei Shomron, Kiryat Arba, Ma'ale Adumim, Mishor Adumim and Ofra — and further stations in East Jerusalem Norway's Government Pension Fund Global sold all of its shares in Paz, an exclusion announced on 12 May 2025 and based on a Council on Ethics recommendation of 19 December 2024. The Council documented that Paz operates filling stations in nine named West Bank settlements plus East Jerusalem, and concluded that supplying fuel infrastructure to settlements contributes to perpetuating an ongoing violation of international law. As of June 2024 the fund held 0.57% of Paz's shares, worth NOK 58.6 million. The Council noted that Paz neither answered its inquiries nor commented on the draft recommendation, and had blocked access to its website from abroad. This was the second Israeli company the fund excluded under its tightened criteria, after Bezeq in December 2024. |
Frequently asked questions
Did Paz Oil Company donate money to Israel or Israeli causes?
We have no records of cash donations, but Paz Oil Company has documented support of other kinds (Operations in Israel). See the records on this page.
Where does this information come from?
Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 5 distinct sources are cited for Paz Oil Company. Our methodology page explains the full verification process.
Sources & citations
Record last updated: 2026-07-30
- Council on Ethics — recommendation on Paz Retail and Energy Ltd. (regjeringen.no) files.nettsteder.regjeringen.no
- The Times of Israel — Norway's wealth fund divests from Paz timesofisrael.com
- OHCHR — A/HRC/60/19 database ohchr.org
- OHCHR — database landing page ohchr.org
- Norges Bank Investment Management — decisions on special ownership dialogue and exclusion (official) nbim.no