Petronor

Refining and Energy in Bizkaia

Petronor (Petróleos del Norte, S.A.) is an industrial energy company with facilities in the Bizkaia municipalities of Muskiz, Abanto-Zierbena, and Zierbena. Refining is its core business, and the company is working to transition toward a multi-energy and circular-economy model.

Ownership and Workforce

Repsol owns an 85.98% stake in the company and Kutxabank owns 14.02%. Petronor has more than 1,000 direct employees and more than 6,000 workers through partner companies.

Industrial Transformation

Petronor completed an initial major transformation through a substantial investment program that reduced fuel-oil production while increasing gasoline, diesel, and kerosene output. Following an investment of nearly €1 billion in its coker unit, the refinery can operate with zero fuel-oil production.

Since late 2019, the company has been pursuing a second transformation to become a circular-economy and clean-energy hub. Its roadmap includes:

• Partially replacing crude oil with bio-based feedstocks and waste materials.
• Producing renewable fuels, including renewable hydrogen, advanced biofuels, and synthetic fuels.
• Replacing natural gas with renewable hydrogen and using electricity from renewable sources.
• Capturing and using CO2 as a feedstock for synthetic fuels.

The company has set a goal of reaching net-zero emissions by 2050, in line with Repsol Group.

Facilities and Headquarters

Headquarters: Edificio Muñatones, 5 San Martín, 48550 Muskiz, Bizkaia, Spain. Petronor also operates facilities at the Port of Bilbao.

Contact

• Address: Edificio Muñatones, 5 San Martín, 48550 Muskiz, Bizkaia, Spain
• Phone: +34 946 357 000
• Email: prentsa@petronor.com