YX Energi, formerly known as Hydro Texaco, is a

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

and

Danish Danish may refer to: * Something of, from, or related to the country of Denmark People * A national or citizen of Denmark, also called a "Dane," see Demographics of Denmark * Culture of Denmark * Danish people or Danes, people with a Danish a ...

gas station A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Gasoline ...

chain formed after the merge of the

Hydro Hydro from Ancient Greek word ὕδωρ (húdōr), meaning ''water''. Hydro may also refer to: Energy technologies * Water-derived power or energy: ** Hydropower, derived from water ** Hydroelectricity, in electrical form * "Hydro", AC mains ...

and

Texaco Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Indepe ...

gas station chains in 1995. In 2006 the company was bought by

Reitangruppen REITAN AS, formerly known as Reitangruppen (Reitan Group), is a Norwegian conglomerate comprising three business areas: Reitan Retail, Reitan Eiendom (Reitan Real Estate) and Reitan Kapital. REITAN’s head office is at Lade Gaard in Trondheim ...

and incorporated into their chain including the implementation of

7-Eleven 7-Eleven, Inc., stylized as 7-ELEVE, is a multinational chain of retail convenience stores, headquartered in Dallas, Texas. The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote'm Stores between 1928 and 1946. A ...

brand on the service stations.

Uno-X Uno-X is a chain of unmanned fuel stations throughout Norway and Denmark. It is operated as the low-cost section of YX Energi. The chain was originally created as a low cost chain in Denmark in the late 1950s. The rights to use the name in Swed ...

and

Rema Bensin Antarctica () is Earth's southernmost and least-populated continent. Situated almost entirely south of the Antarctic Circle and surrounded by the Southern Ocean, it contains the geographic South Pole. Antarctica is the fifth-largest contine ...

are low-cost brand names of YX.

Operations

YX operates 750 gas stations in Norway and Denmark, including the low price brands Uno-X and Rema Bensin. In addition the chain has DieselService stations for truck

diesel Diesel may refer to: * Diesel engine, an internal combustion engine where ignition is caused by compression * Diesel fuel, a liquid fuel used in diesel engines * Diesel locomotive, a railway locomotive in which the prime mover is a diesel engin ...

. Hydro Texaco operates in addition a service for household paraffin distribution. Hydro Texaco has about a 20% market share in automotive fuels in Norway.

History

Hydro Texaco was a result of a merger between the Hydro and Texaco gas station chains in Norway and Denmark on January 1, 1995, with Norsk Hydro and Texaco each owning 50%. The Hydro chain had been created in the early 1990s when

Norsk Hydro Norsk Hydro ASA (often referred to as just ''Hydro'') is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world an ...

acquired the

Mobil Mobil is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil. The brand was formerly owned and operated by an oil and gas corporation of the same name, which itself merged with Exxon to form ExxonMobil in 1999. ...

gas stations in Norway and

Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...

and the operations of Uno-X in Denmark. In the mid of 1990s Hydro Texaco started business in the

Baltic countries The Baltic states, et, Balti riigid or the Baltic countries is a geopolitical term, which currently is used to group three countries: Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, ...

under brands of Hydro Texaco and later Uno-X. Texaco's ownership in Hydro Texaco was transferred to

Chevron Chevron (often relating to V-shaped patterns) may refer to: Science and technology * Chevron (aerospace), sawtooth patterns on some jet engines * Chevron (anatomy), a bone * '' Eulithis testata'', a moth * Chevron (geology), a fold in rock ...

as a result of the two companies

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

in 2001. In 2003 Hydro Texaco took over the operations of 35 Rema Bensin in Norway from Reitangruppen and changed them to the brand Uno YX. The chain was acquired by the Norwegian Reitangruppen in 2006. The gas stations chain in the Baltic countries was bought by

Estonia Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, a ...

n company

Alexela Oil Alexela Group is an Estonian holding company. Its three areas of activity are energy, the metal industry, and property development. The majority of the group's shares are owned by Estonian businessman Heiti Hääl. History The first company of ...

. From October 1, 2006 the chains were owned by Reitangruppen, who rebranded to YX. At the same time

Coop NKL Coop Norge SA is a Norwegian cooperative. It is owned by 117 local cooperatives with approximately 2 million members. The company has its headquarters in Oslo. History The first cooperative store in Norway was opened in the 1850s and, on 27 J ...

announced that it would withdraw the membership bonus on YX stations, due to

REMA 1000 REMA 1000 (Bokmål: Rema tusen) is a multinational no-frills soft-discount grocery chain owned entirely by the Reitan Group (Reitangruppen). REMA is a short for ' (Reitan Food), referring to Odd Reitan (founder of the company). ''1000'' refer ...

, also owned by Reitangruppen, being a major competitor to Coop's stores. In 2007 an agreement was made between Reitan and Shell, converting 91 Norwegian and 63 Danish YX outlets to Shell with 7-eleven stores, still owned and operated by Reitan. It has been announced that the remaining YX outlets in Denmark will be converted to Uno-X, some will still have a convenience store attached but apparently in the future with no possibility of paying for petrol in the store. As of 1 January 2009 there's 69 YX outlets and 250 Uno-X outlets in Denmark with apparently only one more to be rebranded 'Shell'. As Shell at the same time rebranded their unmanned Metax gas-stations 'Shell Express', 12 poorly performing outlets were switched the other way to Uno-X.

References

External links

YX Norwegian web site

YX Danish web site

Reitangruppen web site
Automotive fuel retailers Retail companies of Norway Retail companies of Denmark Norsk Hydro Texaco {{brand-stub