Delek Group Ltd

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An Israeli multinational conglomerate of automotive, energy, insurance, and real estate companies. It owns and operates gas stations and convenience stores throughout the occupied West Bank and Golan Heights.

One of Israel's largest companies, Delek Group is involved in the automotive, energy and infrastructure, insurance, and real estate sectors. It owns and operates a chain of gas stations and convenience stores, including at least 13 in or around illegal Israeli settlements throughout the occupied West Bank and Golan Heights, according to Who Profits.

In addition to its involvement in the illegal settlement industry, Delek provides fuel to the Israeli military and police. According to Who Profits, in 2016, the company provided the Israeli Ministry of Public Security and Israel Police with fuel for naval patrol operations.

Delek was also involved in the extraction of natural resources from disputed maritime areas. In partnership with Noble Energy, the company extracted gas from fields bordering Palestinian territorial waters. It was also part of a conglomerate of companies that discovered the Tamar and Leviathan gas fields, which are located within close proximity to disputed maritime areas of Lebanon.

Economic Activism Highlights
  • In July 2021, Norway's largest pension fund KLP announced that it would divest assets in 16 companies that "contribute[d] to violations of human rights in war and conflict situations through their affiliation with the Israeli settlements in the occupied West Bank." The companies that KLP named include Alstom, Altice Europe, Ashtrom, Bank Hapoalim, Bank Leumi, Bank Mizrahi Tefahot, Bezeq, Cellcom, Delek, Electra, Energix Renewable Energies, First Interntional Bank of Israel, Israel Discount Bank, Motorola, Partner, and Paz Oil Company. KLP held investments totaling approximately $31.8 million in the companies at the time of its decision.
  • In November 2020, San Francsico State University's student government passed a resolution calling for the university to pull out of investments in companies that do business in Israeli settlements, referencing the 112 companies linked to the illegal settlements in Palestine as listed by the United Nations.
  • In October 2020, Fresno State University’s student government voted in favor of a divestment resolution calling for the university to divest from the 112 companies linked to the illegal settlements in Palestine, as listed by the United Nations.
Unless specified otherwise, the information in this page is valid as of
11 August 2022