Petronor

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{{Notability|Companies|date=September 2012}}

{{primary sources|date=September 2012}}

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{{Infobox company

| name = Petróleos del Norte, S.A.

| logo = frameless

| caption =

| type = Sociedad Anónima

| traded_as =

| genre =

| fate =

| predecessor =

| successor =

| foundation = {{Start date|1968|11|30|df=y}}

| founder =

| defunct =

| location_city = Muskiz

| location_country = Spain

| locations = Bilbao, Basque Country

| area_served = Nationwide

| key_people = Emiliano López Atxurra (Chairman)

| industry = Petroleum

| products =

| production =

| services = Filling stations

| revenue = {{ubl|{{decrease}} € 4.6 billion (2016)}}

| operating_income =

| net_income = {{ubl|{{profit}} € 222.4 million (2016)}}

| aum =

| assets =

| equity =

| owner =

| num_employees = 875

| parent = Repsol S.A.

| divisions =

| subsid =

| homepage = {{URL|http://www.petronor.eus}}

| footnotes =

| intl =

}}

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.{{cite web

|publisher=Petronor |access-date=11 March 2022 |language=Spanish |title=Historia de Petronor

|url=http://www.petronor.com/web/es/refineria/historia.aspx |archive-url=https://web.archive.org/web/20141019063231/http://www.petronor.com/web/es/refineria/historia.aspx |archive-date=19 October 2014 |url-status=dead}} From 1976 to 1981, its executive manager was Nemesio Fernández-Cuesta.{{cite news|title=Fallece el ex ministro de Comercio Nemesio Fernández-Cuesta Illana|language=Spanish|agency=EFE|work=La Voz de Galicia|date=12 May 2009

|url=https://www.lavozdegalicia.es/noticia/economia/2009/05/12/fallece-ex-ministro-comercio-nemesio-fernandez-cuesta-illana/00031242125084498518125.htm|access-date=11 March 2022}}

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

History

Petronor was founded on November 30, 1968,{{Cite journal |last=Gomez Sarduy |first=Julio Rafael |date=2021-08-02 |title=Instalación de sistema fotovoltaico en un almacén de cítrico en el puerto de Cienfuegos, Cuba. |url=http://dx.doi.org/10.17981/ladee.02.01.2021.4 |journal=LADEE |volume=2 |issue=1 |pages=33–43 |doi=10.17981/ladee.02.01.2021.4 |issn=2744-9750|doi-access=free }} 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.{{Cite journal |last=Lusa Monforte |first=Guillermo |date=March 2003 |title=Francisco Javier Ayala‐Carcedo (Editor). Historia de la tecnología en España. Foreword by, María Jesús Prieto Laffargue. 2 volumes. [xiv] + 839 pp., illus., figs., tables, apps., bibl., indexes. Barcelona: Valatenea, 2001. |url=http://dx.doi.org/10.1086/376122 |journal=Isis |volume=94 |issue=1 |pages=132–134 |doi=10.1086/376122 |issn=0021-1753|url-access=subscription }} 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.{{Cite journal |last=Lusa Monforte |first=Guillermo |date=March 2003 |title=Francisco Javier Ayala‐Carcedo (Editor). Historia de la tecnología en España. Foreword by, María Jesús Prieto Laffargue. 2 volumes. [xiv] + 839 pp., illus., figs., tables, apps., bibl., indexes. Barcelona: Valatenea, 2001. |url=http://dx.doi.org/10.1086/376122 |journal=Isis |volume=94 |issue=1 |pages=132–134 |doi=10.1086/376122 |issn=0021-1753|url-access=subscription }}

Sponsorship

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

References

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