Slovnaft

Last updated
Slovnaft a.s.
Company type Public
Industry Oil and gas industry
Founded1949
Headquarters,
Key people
Oszkár Világi (CEO)
Products Petrol
Diesel fuel
Bitumen
Services Filling station
Oil refinery
Revenue3,798,000,000 euro (2018)  OOjs UI icon edit-ltr-progressive.svg
106,200,000 euro (2018)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
~3,700
Parent MOL Group
Website www.slovnaft.sk
Slovnaft with bridges Slovnaft with bridges.JPG
Slovnaft with bridges
New polypropylene plant PP3 Slovnaft - new polypropylene plant PP3.JPG
New polypropylene plant PP3

Slovnaft is an oil refining company in Slovakia. The company, located in Bratislava, is a subsidiary of MOL Group. [1]

Contents

History

Slovnaft is the successor of the Apollo company. Apollo was established in 1895 in Bratislava. Its refinery was bombarded by the Allies in June 1944. Bratislava Apollo Bridge built over Danube is in proximity to the Apollo refinery historical site. The Slovnaft refinery started to be built in 1949.

On 1 May 1992, Slovnaft was reorganized as a joint-stock company, as successor to a state enterprise formed by the Czechoslovak Republic government on 1 January 1949.

Acquisition of Benzinol, its domestic competitor, took place in 1995. [2]

Since 2000, Slovnaft has been affiliated with the MOL Group. [3]

Operations

Refining

Slovnaft refines 5.5 to 6 million tonnes of crude oil per annum and produces a broad range of motor fuels, fuel oils and petrochemical products.

Petrochemicals

Slovnaft Petrochemicals, s.r.o., represents the Petrochemicals Division of Slovnaft Group. It produces polymers which are base materials with a broad range of uses.

Fuel retail

Slovnaft operates 208 filling stations across the Slovak Republic and offers motor fuels and a broad range of other goods, as well as additional services through this retail network.

Power generation

CM European Power Slovakia, s.r.o., a Slovnaft Subsidiary, produces electricity, heat, and power.

Sponsorship

Slovnaft is a sponsor of the senior league competition since 2007. The largest ice hockey arena in Bratislava is named Slovnaft Arena. It is the main partner of the Slovak Cup, now named Slovnaft Cup.

See also

Related Research Articles

<span class="mw-page-title-main">Sunoco</span> American energy company

Sunoco LP is an American master limited partnership organized under Delaware state laws and headquartered in Dallas, Texas. Dating back to 1886, the company has transitioned from a vertically integrated energy company to a distributor of fuels. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses. Sunoco is the largest independent distributor of fuels in the United States.

<span class="mw-page-title-main">Orlen</span> Polish oil refiner and petrol retailer

Orlen S.A., commonly known as Orlen, is a Polish multinational oil refiner and petrol retailer headquartered in Płock, Poland. The company's subsidiaries include the main oil and gas companies of the Czech Republic and Lithuania, Unipetrol and Orlen Lietuva respectively.

<span class="mw-page-title-main">Petroleum product</span> Products ultimately derived from crude oil

Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. Most petroleum is converted into petroleum products, which include several classes of fuels.

<span class="mw-page-title-main">Phillips Petroleum Company</span> American oil company, predecessor of ConocoPhillips

Phillips Petroleum Company was an American oil company incorporated in 1917 that expanded into petroleum refining, marketing and transportation, natural gas gathering and the chemicals sectors. It was Phillips Petroleum that first found oil in the North Sea on December 23, 1969, at a position that was later named Ekofisk.

<span class="mw-page-title-main">Bayway Refinery</span> Oil refining facility in the Port of New York and New Jersey, United States

Bayway Refinery is a refining facility in the Port of New York and New Jersey, owned by Phillips 66. Located in Linden and Elizabeth, New Jersey, and bisected by Morses Creek, it is the northernmost refinery on the East Coast of the United States. The oil refinery converts crude oil into gasoline, diesel fuel, jet fuel, propane and heating oil. As of 2007, the facility processed approximately 238,000 bbl/d (37,800 m3/d) of crude oil, producing 145,000 bbl/d (23,100 m3/d) of gasoline and 110,000 bbl/d (17,000 m3/d) of distillates. Its products are delivered to East Coast customers via pipeline transport, barges, railcars and tank trucks.

<span class="mw-page-title-main">Apollo Bridge</span> Bridge in Bratislava, Slovakia

Apollo Bridge in Bratislava is a road bridge over the Danube in the capital of Slovakia. It is located between the Starý most and Prístavný most Bridges, a site which allowed almost perpendicular bridging, resulting in the shortest possible span.

<span class="mw-page-title-main">MOL (company)</span> Hungarian Oil and Gas Public Limited Company

MOL Plc., also known as MOL Group, is a Hungarian multinational oil and gas company headquartered in Budapest, Hungary. Members of MOL Group include among others the Croatian and Slovak formerly state-owned oil and gas companies, INA and Slovnaft. MOL is Hungary's most profitable enterprise, with net profits of $770 million in 2019. The company is also the third most valuable company in Central and Eastern Europe and placed 402 on the Fortune Global 500 list of the world's largest companies in 2013.

OKTA was founded in 1978 and is a refinery in the Balkan area. OKTA is part of one of the biggest groups for the refining, distribution, and trade of crude oil, oil derivatives and petrochemicals – the Hellenic Petroleum group. Apart from its main activities, OKTA has developed its own retail network, which consists of 26 rebranded petrol stations.

<span class="mw-page-title-main">Grupa Lotos</span>

Grupa Lotos S.A. was a vertically integrated oil company based in Gdańsk, Poland. The company was listed in the Polish index WIG30. The Polish state was the majority shareholder with 53% percent. The company's main activity branches were: crude oil production, refining and marketing of oil products. The company was a leader in lubricants on the Polish market. Grupa Lotos was a producer of unleaded gasoline, diesel, fuel oils, aviation fuels, motor and industrial lubricants, bitumens and waxes.

<span class="mw-page-title-main">Naftna Industrija Srbije</span>

Naftna Industrija Srbije is a Serbian multinational oil and gas company with headquarters in NIS building, Novi Sad, Serbia. NIS is one of the most profitable companies in Serbia and one of the largest domestic exporters. It employs around 11,000 people in Serbia and the region. As of May 2022, Gazprom Neft is the largest shareholder with 50% of NIS shares, followed by 29.87% owned by the Government of Serbia, 5% owned by Gazprom and rest by minority shareholders.

<span class="mw-page-title-main">Hindustan Petroleum</span> Subsidiary of Oil and Natural Gas Corporation

Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai, and a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Ministry of Petroleum and Natural Gas, Government of India.

<span class="mw-page-title-main">Tatneft</span>

Tatneft is a Russian vertically integrated oil and gas company with headquarters in the city of Almetyevsk, Republic of Tatarstan, Russian Federation. It is the fifth largest oil company in Russia and the eighth largest listed company in Russia by market capitalization. In the 2020 Forbes Global 2000, Tatneft was ranked as the 539th-largest public company in the world.

<span class="mw-page-title-main">Fawley Refinery</span> Oil refinery in Hampshire, England

Fawley Refinery is an oil refinery located at Fawley, Hampshire, England. The refinery is owned by Esso Petroleum Company Limited, a subsidiary of Exxon Mobil Corporation, which acquired the site in 1925. Situated on Southampton Water, it was rebuilt and extended in 1951 and is now the largest oil refinery in the United Kingdom, and one of the most complex refineries in Europe. With a capacity of 270,000 barrels (43,000 m3) per day, Fawley provides 20 per cent of the UK's refinery capacity. Over 2,500 people are employed at the site.

Western Refining, Inc., is a Texas-based Fortune 200 and Global 2000 crude oil refiner and marketer operating primarily in the Southwestern, North-Central and Mid-Atlantic regions of the United States. Western Refining (WNR) has been publicly traded on the New York Stock Exchange since January 2006 and is the fourth largest publicly traded independent refiner and marketer in the nation.

<span class="mw-page-title-main">Grangemouth Refinery</span> Oil refinery complex located on the Firth of Forth in Grangemouth, Scotland

Grangemouth Refinery is an oil refinery complex located on the Firth of Forth in Grangemouth, Scotland, currently operated by Petroineos.

<span class="mw-page-title-main">BAZAN Group</span> Oil refining and petrochemicals company located in Haifa Bay, Israel

BAZAN Group,, formerly Oil Refineries Ltd., is an oil refining and petrochemicals company located in Haifa Bay, Israel. It operates the largest oil refinery in the country. ORL has a total oil refining capacity of approximately 9.8 million tons of crude oil per year with a Nelson complexity index of 9. ORL provides a variety of products used in industrial operations, agriculture and transportation. ORL is Israel's largest integrated refining and petrochemical facility. The company also provides storage and transportation services for oil fuel products, as well as electricity and steam to industrial customers in the region.

<span class="mw-page-title-main">PBF Energy</span> Energy Corporation

PBF Energy Inc. is a petroleum refining and logistics company that produces and sells transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products. The company owns and operated 6 refineries throughout the United States, located in Chalmette, Louisiana; Toledo, Ohio; Paulsboro, New Jersey; the Delaware City Refinery in Delaware City; Torrance, California; Martinez, California. PBF produces a range of products including gasoline, ultra-low-sulfur diesel (ULSD), heating oil, jet fuel, lubricants, petrochemicals and asphalt.

Cnergyico Pk Limited is a Pakistani petroleum company which is a subsidiary of the Mauritian company Cnergyico Industries Incorporated. The company is vertically integrated across the oil refining and marketing industries, notable for being the only petroleum company in Pakistan to own and operate a crude oil terminal. Cnergyico operates Pakistan’s biggest oil refinery in terms of nameplate capacity, the largest capacity crude oil storage tanks in the country, and a network of petrol pumps.

<span class="mw-page-title-main">Indian Oil Corporation</span> Central Public Sector Undertaking

Indian Oil Corporation Limited is an Indian oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. Headquartered in New Delhi, it is a public sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas. Indian Oil is ranked 94th on the Fortune Global 500 list of the world's biggest corporations as of 2022. It is the largest government owned oil producer in the country both in terms of capacity and revenue.It has consolidated refining capacity of 80.55MMTPA which it intends to increase to 107MMTPA by 2024-25. As of 31 March 2021, Indian Oil's employee strength is 31,648, out of which 17,762 are executives and 13,876 non-executives, while 2,776 are women, comprising 8.77% of the total workforce.

HPCL-Mittal Energy Limited (HMEL) is an Indian integrated refining and petrochemical company, with operations spanning crude oil refining and petrochemical manufacturing. It is a public-private partnership between fortune 500 company, Hindustan Petroleum Corporation Limited (HPCL) and Mittal Energy Investments Pte Limited (MEIL), a part of the Lakshmi N. Mittal Group. It is headquartered at Noida, Uttar Pradesh and operates the 11.3 MMTPA Guru Gobind Singh Refinery (GGSR) at Bathinda, Punjab.

References

  1. Jancarikova, Tatiana (2016-11-15). "Slovnaft to invest $500 million by 2020 to upgrade petrochemical unit". Reuters . Retrieved 2016-11-27.
  2. Borish, Michael S.; Noël, Michel (1996). Private Sector Development During Transition: The Visegrad Countries, Parts 63–318. World Bank discussion papers. Vol. 318. World Bank Publications. pp. 53–54. ISBN   9780821335697.
  3. Meyer, K.; Estrin, S. (2006). Acquisition Strategies in European Emerging Markets. Springer. p. 194. ISBN   9780230286542.