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Hydro (fuel station)
Encyclopedia
Hydro was a chain of fuel stations throughout Sweden
owned by Statoil
. The chain had more than 500 stations, as well as some unmanned Uno-X
stations. The company also operated in retailing natural gas
, electricity
and heating oil
.
bought the Mobil
stations in Norway
, Sweden and Denmark
to transform itself to an vertically integrated petroleum company. The stations were rebranded Hydro in all three countries. In 1995 the Norwegian and Danish stations were converted to Hydro Texaco when Hydro merged its stations in the two countries with Texaco
's stations. In 2007 the ownership of Hydro was transferred to StatoilHydro
when Norsk Hydro's oil and gas division
merged with Statoil
. When StatoilHydro was renamed Statoil in November 2009, the use of the Hydro-brand was discontinued and ownership of the Hydro filling stations was transferred to St1
.
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
owned by Statoil
Statoil
Statoil ASA is a Norwegian petroleum company established in 1972. It merged with Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro...
. The chain had more than 500 stations, as well as some unmanned Uno-X
Uno-X
Uno-X is a chain of unmanned fuel stations throughout Norway and Denmark. It is operated as the low-cost section of YX Energi. The chain was originally created as a low cost chain in Denmark in the late 1950s. The rights to use the name in Sweden were sold to Britain's Burmah Oil...
stations. The company also operated in retailing natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
, electricity
Electricity
Electricity is a general term encompassing a variety of phenomena resulting from the presence and flow of electric charge. These include many easily recognizable phenomena, such as lightning, static electricity, and the flow of electrical current in an electrical wire...
and heating oil
Heating oil
Heating oil, or oil heat, is a low viscosity, flammable liquid petroleum product used as a fuel for furnaces or boilers in buildings. Home heating oil is often abbreviated as HHO...
.
History
The Hydro chain was created in the late 1980s when Norsk HydroNorsk Hydro
Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. Hydro is the fourth largest integrated aluminium company worldwide. It has operations in some 40 countries around the world and is active on all continents. The Norwegian state holds a 43.8 percent...
bought the Mobil
Mobil
Mobil, previously known as the Socony-Vacuum Oil Company, was a major American oil company which merged with Exxon in 1999 to form ExxonMobil. Today Mobil continues as a major brand name within the combined company, as well as still being a gas station sometimes paired with their own store or On...
stations in Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
, Sweden and Denmark
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
to transform itself to an vertically integrated petroleum company. The stations were rebranded Hydro in all three countries. In 1995 the Norwegian and Danish stations were converted to Hydro Texaco when Hydro merged its stations in the two countries with Texaco
Texaco
Texaco is the name of an American oil retail brand. Its flagship product is its fuel "Texaco with Techron". It also owns the Havoline motor oil brand....
's stations. In 2007 the ownership of Hydro was transferred to StatoilHydro
StatoilHydro
Statoil ASA, trading as Statoil and formerly known as StatoilHydro, is a Norwegian energy company, formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. The Government of Norway is the largest shareholder in Statoil with 67% of the shares...
when Norsk Hydro's oil and gas division
Hydro Oil & Gas
Hydro Oil & Gas is a defunct division of Norsk Hydro that operated within the oil and gas industry. On October 1, 2007 it merged with Statoil to form the new corporation StatoilHydro.-Operations:...
merged with Statoil
Statoil
Statoil ASA is a Norwegian petroleum company established in 1972. It merged with Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro...
. When StatoilHydro was renamed Statoil in November 2009, the use of the Hydro-brand was discontinued and ownership of the Hydro filling stations was transferred to St1
St1
St1 Oy is a Finnish energy company owning the St1 service stations' chain in Finland, Sweden, Norway and Poland. The company was established in 1995 under the name Greenergy Baltic Oy. In 1997, the St1 chain was established in Finland. In 2000 Greenergy Baltic changed its name to Green. In the...
.