About
Paz Oil is what a national energy infrastructure looks like when one company owns most of it. Founded in 1922, it is Israel's largest integrated energy group, and its reach runs from the refineries through storage and distribution to the country's leading fuel retail network — which is why so much of the domestic market effectively moves through it. The product range reflects that scale: gasoline and diesel, jet fuel to Jet A-1 specification, lubricants and greases, bitumen, LPG and petrochemical feedstocks. Base oils and lubricants come from the company's own production, and the group's logistics network is the most extensive in Israel — a real advantage for buyers who value reliable domestic delivery over imports. Refining and petrochemical operations are centred on the Haifa refinery, with the Paz Ashdod refinery and nationwide storage and distribution behind it. Customers tend to be industrial fuel consumers, transport fleets, distributors, and manufacturers who need a dependable local feedstock. On fuel pricing, expect quotes set against regional benchmarks rather than a posted price; volume, delivery location and contract term are the variables that move it. Lubricants and bitumen are quoted per grade and packaging.
Also known as: Paz, Paz Oil, Paz Oil Company Ltd, Paz Ashdod Refinery
Company Facts
- Founded
- 1922
- Headquarters
- Haifa, Israel
- Listed
- Tel Aviv Stock Exchange (PZOL)
- Industry
- Energy & Petrochemicals
- Business Type
- Refiner, Manufacturer & Distributor
- Employees
- 3,000+
- Annual Revenue
- US$ 5B+
- Refinery
- Ashdod (~9M tonnes/year capacity)
- Retail Network
- ~270 stations (Yellow brand)
- Main Products
- Fuels, lubricants, bitumen, petrochemical feedstocks
Frequently Asked Questions
What does Paz Oil Company do?+
Paz Oil Company is an Israeli integrated energy group that refines crude oil into fuels, lubricants, bitumen and petrochemical feedstocks, and operates a nationwide fuel retail network.
Where is Paz's refinery?+
Paz operates the Ashdod refinery in Israel, with a refining capacity of approximately 9 million tonnes per year.
How many gas stations does Paz operate?+
Paz operates approximately 270 fuel stations across Israel under the Yellow brand.
Does Paz produce lubricants?+
Yes. Paz produces automotive, industrial and marine lubricants and greases through its Paz Lubricants division.
Is Paz Oil Company publicly traded?+
Yes. Paz Oil Company Ltd is listed on the Tel Aviv Stock Exchange under the ticker PZOL.
Top Products
Gasoline & Diesel Fuels
Refined transportation fuels for retail, commercial and industrial customers across Israel.
MOQ: Bulk
Jet Fuel (Jet A-1)
Aviation turbine fuel supplied to airports and airline operators.
MOQ: Bulk
Lubricants & Greases
Automotive, industrial and marine lubricants and greases produced by Paz Lubricants.
MOQ: 1 drum
Bitumen
Paving-grade and industrial bitumen for road construction and infrastructure.
MOQ: Bulk
