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.[1] The company also operated in retailing natural gas, electricity and heating oil.
History
The Hydro chain was created in the 1980s–early 1990s when Norsk Hydro bought the Mobil stations in Norway,[2] Sweden,[3] and Denmark to transform itself to a vertically integrated petroleum company. The stations were rebranded Hydro in all three countries. In 1994 the Norwegian and Danish stations were converted to Hydro Texaco when Hydro merged its stations in the two countries with Texaco's stations.[4] In 2007 the ownership of Hydro was transferred to StatoilHydro when Norsk Hydro's oil and gas division merged with Statoil.[1] When StatoilHydro was renamed Statoil in November 2009,[5] the use of the Hydro-brand was discontinued,[6] and ownership of 198 filling stations was transferred to St1.[7]
External links
References
- Case No COMP/M.4919 – STATOILHYDRO/CONOCOPHILLIPS. REGULATION (EC) No 139/2004 MERGER PROCEDURE European Commission, 21 October 2008, retrieved 29 June 2025^
- Eivind Skarung. ExxonMobil 125 år National Archival Services of Norway, 19 April 2024, retrieved 29 June 2025^
- Mobil to sell Sweden fuel business to Norwegian firm United Press International, 25 October 1984, retrieved 29 June 2025^
- 1994: Hydro-Texaco Norsk Hydro, 18 August 2020, retrieved 29 June 2025^
- StatoilHydro blir Statoil NRK, 29 October 2009, retrieved 29 June 2025^
- Statoil Annual Report on Form 20-F (2009) U.S. Securities and Exchange Commission, 26 March 2010^
- Wojciech Moskwa. Finnish retailer St1 buys 198 Statoil stations Reuters, 1 April 2009, retrieved 29 June 2025^