"Paramount Petroleum Corporation was headquartered in Paramount, Los Angeles County, California. It operated a refinery at that location, and was
the largest seller of asphalt in California.
Paramount also operated a refinery near Portland, Oregon, as well as several marketing terminals in the Western United States. "
https://en.wikipedia.org/wiki/Paramount_Petroleum
"Paramount had been a subsidiary of Alon USA, a publicly traded refining and marketing company (NYSE:ALJ), since 2006.
The president of the company was Alan P Moret.
The company was largely financed by two prominent multi billionaires of the United States.
Delek US acquired Alon USA in 2017."
___
Industry: Oil & Gas Refining & Marketing
Predecessor: Petrofina, .
Alon USA Energy, Inc.,
MAPCO Express, Lion Oil Company
https://en.wikipedia.org/wiki/Delek_US
"Delek US was founded in 2001 as a fully-owned subsidiary of
Israeli conglomerate Delek Group."
Mergers
"May 2015: Acquired 33.7 million shares of common stock of Alon USA Energy, Inc, a subsidiary of Alon Israel Oil Co. Ltd. This represented approximately 48% of Alon USA shares outstanding in May 2015
July 2017: Acquired the remaining shares of common stock of Alon USA Energy, Inc. Operations included refining, retail, asphalt, and renewable fuel, including Paramount Petroleum."
"Fomento Económico Mexicano, S.A.B. de C.V., doing business as
FEMSA,
is a Mexican multinational beverage and retail company headquartered in Monterrey, Mexico..
It operates the largest independent Coca-Cola bottling group in the world
and the largest convenience store chain in Mexico."
https://en.wikipedia.org/wiki/Delek_Group
Delek Group (Hebrew: קבוצת דלק).
is an Israeli holding conglomerate mainly operating in the petroleum industry.
Delek Group's largest subsidiary is Delek – The Israel Fuel Corporation,
one of the largest chains of filling stations in Israel.
Delek Group also owns E&P operations across the Levant,
in the North Sea and in the Gulf of Mexico.
Beyond the oil industry, it also owns coffeehouse chain Café Joe as well as 70% of the Israeli franchisee of Burger King."
Delek Group was first founded as Delek – The Israel Fuel Corporation Ltd in 1951.
"In 2006 it introduced its United States subsidiary, Delek US, which owned the Tyler, Texas oil refinery and 349 retail stores, in the New York Stock Exchange..
A decade later, Delek US merged with the U.S. subsidiary of another Israeli company, Alon Israel Oil Co."
"In August 2007, Delek Benelux took over marketing activities for Chevron Global Energy Inc. in Benelux, including 869 fueling stations, mostly under the Texaco brand.
The same month, Delek Israel's Delek Pi-Glilot, a fuel storage and distribution company operating in Ashdod, Jerusalem and Beersheba, won a Government Companies Authorities tender to run the fuel storage facilities in Ashdod..
A few months later in November, they announced the hiring of former police commissioner Moshe Karadi to run Delek Pi-Glilot. had recently resigned.
Gabi Last, former commissioner and commander of the Tel Aviv Central District, has been chairing Delek Group for several years. On January 1, 2020, Idan Wallance became Delek's new CEO."
___
Involvement in Israeli settlements
"On 12 February 2020, the United Nations published a database of 112 companies
helping to further Israeli settlement activity in the West Bank,
including East Jerusalem, as well as in the occupied Golan Heights.
These settlements are considered illegal under international law.
Delek was listed on the database on account of its "provision of services and utilities supporting the maintenance and existence of settlements" and
"the use of natural resources, in particular water and land, for business purposes" in these occupied territories.
On 5 July 2021,
Norway's largest pension fund.
KLP said it would divest from Delek together with 15 other business entities implicated in the UN report for their links to Israeli settlements in the occupied West Bank."
"The conservative-dominated supreme court voted
by seven to two
to back a challenge by oil and gas companies,
along with 17 Republican-led states,
to a waiver that California has received periodically from the federal government
since 1967
that allows it to set tougher standards than national rules limiting pollution from cars.
"Moshe Karadi (Hebrew: משה קראדי; born 1960) is a former Israeli police officer and
general commissioner of the Israel Police between 2004 and May 1, 2007."
____
"Liberal Justices Sonia Sotomayor and Ketanji Brown Jackson dissented from the decision".....but not Kentanji Brown. She sided with pollution, Republicans, industry, fascism, and death to California breathers and citizens and Environment
"While the supreme court has now clarified who has grounds to bring a challenge to court, the decision does not affect California’s bedrock legal authority to adopt pollution safeguards"
Delek Group Israel Oil Company et al
No comments:
Post a Comment