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A Statoil petrol station sign in Estonia. Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of 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
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Ingo is a filling station brand owned by Circle K (formerly Statoil Fuel & Retail). Ingo filling stations are located in Denmark and Sweden. They were formerly named Jet, a brand name of ConocoPhillips. ConocoPhillips sold the stations in Denmark and Sweden in 2007 to Statoil.
In April 2012, Circle K purchased Norway-based Statoil Fuel and Retail ASA and its 2300 fuel stations located in Scandinavia, the Baltics, Poland, and western Russia for $2.8 billion. [31] On February 10, 2014, Modelo Group sold the Tiendas Extra brand of stores to the Mexican franchise of Circle K, Circulo K.
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Statoil's production offices are located in Houston, Texas while a trading and renewables office is located in Stamford, Connecticut In 2011, Statoil bought Brigham Exploration for $4.4 Billion to gain access to its oil shale operations in North Dakota 's Bakken formation . [ 7 ]
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