About us

Strength. Initiative. Leadership. These are the foundations on which Paz's reputation is based – a golden reputation of 90 years' standing.


The Paz Group is Israel's leading energy corporation and during its 90 years has become one of the economy's most prominent brands. Paz supplies a third of Israel's fuel products and is the country's first energy company to own a refinery. At the end of 2006, Paz became a public company whose shares are traded on the Tel Aviv Stock Exchange and it is listed on the TASE's flagship Tel Aviv-25 (Maof) index, which tracks the shares of the 25 companies with the highest market capitalization on the bourse.
The Group engages in the refining, production, storage, importing and marketing of fuel products. In addition to its refinery in Ashdod, Paz has fuel product storage and distribution terminals and a network of hundreds of filling stations, convenience stores and retail complexes.
The Paz Group integrates a variety of activities in the domestic market, including the sale of liquefied petroleum gas (LPG), the production and marketing of lubricants and chemicals, bitumen sheets and sealants for the construction and infrastructure sectors, jet fuel and more. The Group's primary advantage is its vertical structure that encompasses the entire value chain. The purchase of the Ashdod refinery, the Group's ownership of hundreds of retail outlets and its sophisticated operating methods facilitate long-term logistic planning and optimal synergy among all the divisions.
The Group's financial resilience, combined with advanced work methods, a highly developed service orientation and the ability to zero in on marketing opportunities, have positioned Paz as Israel's top energy company, with a reputation for professionalism and leadership.

History

1922 -  Paz is founded under the name Anglo-Asiatic Petroleum.

1927 – The company begins to operate under Shell worldwide and its owners change its name to Shell Palestine.

 

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