Petróleos del Norte S.A. (Petronor) is a Spanish oil and gas company based in Muskiz, Basque Country. The company was established on 30 November 1968.[1] From 1976 to 1981, its executive manager was Nemesio Fernández-Cuesta.[2]

Quick Facts Company type, Industry ...
Petróleos del Norte, S.A.
Company typeSociedad Anónima
IndustryPetroleum
Founded30 November 1968 (1968-11-30)
Headquarters,
Spain
Number of locations
Bilbao, Basque Country
Area served
Nationwide
Key people
Emiliano López Atxurra (Chairman)
ServicesFilling stations
Revenue
  • Decrease € 4.6 billion (2016)
  • Increase € 222.4 million (2016)
Number of employees
875
ParentRepsol S.A.
Websitewww.petronor.eus
Close

It is owned by Repsol (85.98%), and Kutxabank (14.02%).

History

Petronor was founded on November 30, 1968,[3] with the participation of Basque bourgeoisie figures such as Javier Ybarra, Fernando Ybarra, Pedro Careaga or Alfonso de Churruca -the latter being the president of CAMPSA.[4] The company was born with the aim of building an oil refinery in the north of Spain, after having received authorization to do so from the Franco regime. At the beginning of the 1970s, the shareholders of Petronor included Gulf Oil, Campsa, Río Gulf-Explosivos Río Tinto and several financial institutions in Biscay.[5]

Sponsorship

Between 2008 and 2015, Petronor was the main kit sponsor of Spanish football club Athletic Club.

References

Wikiwand in your browser!

Seamless Wikipedia browsing. On steroids.

Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.

Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.