Statoil_(fuel_station)

Statoil Fuel & Retail

Statoil Fuel & Retail

Norwegian energy retail company

Statoil Fuel & Retail was a Norwegian energy retail company, formed by the 2010 separation of the downstream business of Statoil ASA into a separate listed company.[1][2]

Quick Facts Company type, Industry ...
Statoil in Lithuania

The company had 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 18 April 2012 it was announced that Alimentation Couche-Tard would buy Statoil Fuel & Retail for US$2.8 billion and it would become a wholly owned indirect subsidiary of Couche-Tard.[5] The deal included the right to use the "Statoil" brand for the stations until 30 September 2019.[6]

In September 2014, the jet fuel business of Statoil Fuel & Retail was sold to BP for an undisclosed amount.[7]

On 22 September 2015 it was announced that the "Statoil" branding would be phased out, and replaced by Circle K as part of a global rebranding scheme involving all Couche Tard-owned retailers.[8]

In 2016, Couche-Tard decided to merge Circle K and Statoil Fuel & Retail into the Circle K brand.[9][10]

Brands and geographic presence

Statoil Fuel & Retail was presented in eight countries (2010):[11]

More information Country, "Statoil" branded stations ...

References

  1. [1]
    Farberg, Andreas L. (2010-09-28). "Mr. McStatoil vil vokse seg stor i Polen". E24 (in Norwegian). Retrieved 2010-10-03.
  2. [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. [3]
    Lindbæk, Jannik (2010-09-02). "Statoil files OSE application to list Statoil Fuel & Retail ASA". Stavanger: Statoil ASA. Retrieved 2010-10-03.
  4. [4]
    "The Board of Oslo Børs admits two new companies to listing". Oslo: Oslo Stock Exchange. 2010-09-29. Retrieved 2010-10-03.
  5. [5]
    Koranyi, Balazs (2012-04-18). "Canada's Couche-Tard to buy Statoil Fuel for $2.8 billion". Reuters.
  6. [6]
    "Statoil sells 2300 gas stations to Couche-Tard". Stavanger Aftenblad. 2012-04-18.
  7. [7]
    BP buys Scandinavian jet fuel business. Reuters, 4 September 2014
  8. [8]
    "Couche-Tard Launches Global Circle K Brand". PR Newswire. 2015-09-22.
  9. [9]
    "Europe | Couche-Tard". Couche-Tard. Retrieved 2017-06-07.
  10. [10]
    Danmark, Circle K. "[Danish] Statoil er blevet til Circle K". www.circlek.dk. Retrieved 2017-06-07.
  11. [11]
    "Statoil Fuel & Retail - Our operations". Oslo: Statoil Fuel & Retail ASA. 2010-09-02. Archived from the original on December 14, 2010. Retrieved 2010-10-22.
  12. [12]
    "Statoil bliver til Circle K". 9 May 2016.
  13. [13]
    "Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold".
  14. [14]
    "Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold".
  15. [15]
    "Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold".
  16. [16]
    ""Statoil" degalinės keičia pavadinimą".
  17. [17]
    "Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold".
  18. [18]
    "Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold".
  19. [19]
    "Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold".
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