Statoil Fuel & Retail

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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 in Lithuania

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[edit]

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[edit]

  1. ^ Farberg, Andreas L. (2010-09-28). "Mr. McStatoil vil vokse seg stor i Polen". E24 (in Norwegian). Retrieved 2010-10-03. 
  2. ^ 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. 
  3. ^ Lindbæk, Jannik (2010-09-02). "Statoil files OSE application to list Statoil Fuel & Retail ASA". Stavanger: Statoil ASA. Retrieved 2010-10-03. 
  4. ^ "The Board of Oslo Børs admits two new companies to listing". Oslo: Oslo Stock Exchange. 2010-09-29. Retrieved 2010-10-03. 
  5. ^ Koranyi, Balazs (2012-04-18). "Canada's Couche-Tard to buy Statoil Fuel for $2.8 billion". Reuters. 
  6. ^ BP buys Scandinavian jet fuel business. Reuters, 4 September 2014
  7. ^ "Statoil Fuel & Retail - Our operations". Oslo: Statoil Fuel & Retail ASA. 2010-09-02. Retrieved 2010-10-22. 

External links[edit]

Coordinates: 59°55′48.77″N 10°42′39.07″E / 59.9302139°N 10.7108528°E / 59.9302139; 10.7108528