Statoil Fuel & Retail
Wholly owned subsidiary | |
Industry | Petroleum, Retail |
Headquarters | Oslo, Norway |
Area served | Northern Europe |
Parent | Alimentation Couche-Tard |
Website | www.statoilfuelretail.com |
Statoil Fuel & Retail is a Norwegian energy retail company, formed by the 2010 separation of the downstream business of Statoil ASA into a separate listed company.[1][2]
The company has 2,300 fuel retail stations in Scandinavia, Poland, the Baltic Countries and Russia as well as significant lubricants and aviation fuel operations.[3] It was listed as a separate company on the Oslo Stock Exchange on October 22, 2010.[4]
On April 18, 2012, it was announced that Alimentation Couche-Tard will buy Statoil Fuel & Retail for $2.8 billion and become a wholly owned indirect subsidiary of Couche-Tard.[5]
In September 2014, the jet fuel business of Statoil Fuel & Retail was sold to BP for an undisclosed amount.[6]
Brands and geographic presence
Statoil Fuel & Retail has a presence in eight countries (2010):[7]
Country | "Statoil" branded stations |
"1-2-3" branded stations |
"JET" branded stations |
Total number of stations |
---|---|---|---|---|
Denmark | 214 | 71 | 24 | 309 |
Estonia | 46 | 6 | - | 52 |
Latvia | 71 | 6 | - | 77 |
Lithuania | 63 | 13 | - | 76 |
Norway | 427 | 145 | - | 572 |
Poland | 249 | 48 | - | 297 |
Russia | 19 | - | - | 19 |
Sweden | 682 | - | 123 | 805 |
References
- ↑ Farberg, Andreas L. (2010-09-28). "Mr. McStatoil vil vokse seg stor i Polen". E24 (in Norwegian). Retrieved 2010-10-03.
- ↑ Torp, Cathrine (2010-02-03). "Statoil opens for a new ownership structure for its energy and retail business". Stavanger: Statoil ASA. Retrieved 2010-10-03.
- ↑ Lindbæk, Jannik (2010-09-02). "Statoil files OSE application to list Statoil Fuel & Retail ASA". Stavanger: Statoil ASA. Retrieved 2010-10-03.
- ↑ "The Board of Oslo Børs admits two new companies to listing". Oslo: Oslo Stock Exchange. 2010-09-29. Retrieved 2010-10-03.
- ↑ Koranyi, Balazs (2012-04-18). "Canada's Couche-Tard to buy Statoil Fuel for $2.8 billion". Reuters.
- ↑ BP buys Scandinavian jet fuel business. Reuters, 4 September 2014
- ↑ "Statoil Fuel & Retail - Our operations". Oslo: Statoil Fuel & Retail ASA. 2010-09-02. Retrieved 2010-10-22.
External links
Coordinates: 59°55′48.77″N 10°42′39.07″E / 59.9302139°N 10.7108528°E