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]
 | |
| Company type | Wholly owned subsidiary |
|---|---|
| Industry | Petroleum, Retail |
| Headquarters | Oslo,  Norway |
Number of locations | 2,239 stations |
Area served | Northern Europe |
| Revenue |  NOK 73.7 billion (2011) |
Number of employees | 17,500 (2014) |
| Parent | Alimentation Couche-Tard |
| Website | www.statoilfuelretail.com |
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]
About Statoil Fuel & Retail
Statoil Fuel & Retail is a leading Scandinavian road transport fuel retailer with over 100 years of operations in the region. Statoil Fuel & Retail has a broad retail network across Scandinavia, Poland, the Baltics (Estonia, Latvia and Lithuania) and Russia which comprised 2,239 stores as of October 12, 2014, the majority of which offer road transportation fuel and convenience products while the others are unmanned automated service-stations which offer road transportation fuel only.
Statoil Fuel & Retail's other products include stationary energy, marine fuel, aviation fuel, lubricants and chemicals. In Europe, Statoil Fuel & Retail owns and operates 12 key terminals and 38 depots in eight countries and it operates approximately 400 road tankers. It also delivers aviation fuel at 85 airports in ten countries and produces and sells 750 different lubricant products.
Including employees at Statoil branded franchise stations, about 17,500 people work at Statoil Fuel & Retail’s retail sites across Europe, in its corporate headquarters, its eight regional headquarters, its terminals and depots.
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 |
|---|---|---|---|---|
| 214 | 71 | 24 | 309 | |
| 46 | 6 | - | 52 | |
| 71 | 6 | - | 77 | |
| 63 | 13 | - | 76 | |
| 427 | 145 | - | 572 | |
| 249 | 48 | - | 297 | |
| 19 | - | - | 19 | |
| 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
59°55′48.77″N 10°42′39.07″E / 59.9302139°N 10.7108528°E
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