SpainPart of Repsolpetronor.eus
Its roles Owner Operator
Petronor (Petróleos del Norte, S.A.) is a Spanish refining company based in Muskiz (Biscay), operating the Bilbao/Muskiz refinery, one of Spain’s largest. The site processes crude oil into transportation fuels and other refined products, as well as petrochemical feedstocks, supplying northern Spain and neighboring markets via pipelines, storage facilities, and marine terminals linked to the Port of Bilbao.
Petronor is majority-owned by Repsol and forms part of its downstream industrial system. In addition to conventional refining and logistics, the company is involved in industrial decarbonization initiatives in the Basque Country, including projects in renewable hydrogen and synthetic fuels to reduce the carbon intensity of its operations and support local industry.
Also known as Petróleos del Norte, S.A..
chemXplore tracks 1 project involving Petronor, of which one is active.
Inventory-driven earnings and Middle East volatility prompt €1.2bn stock build, kerosene output up 15–20%, €35m in fuel discounts at stations to date.
Acquires majority stake leaving Enagás with 20%; portfolio exceeds 850MW electrolysis, 20+ projects and eight FIDs, including Cartagena (2025) and Onuba (first 300MW FID Mar 2026).
A new 100 MW electrolyzer at Petronor will produce 15,000 tons of renewable hydrogen annually, cutting 167,000 tons of CO₂ emissions and creating 900 jobs. Completion is set for 2029.
Projects paused due to regulatory issues, impacting Spain's green hydrogen goals. Repsol shifts focus to Portugal, citing need for stable policies to support energy transition investments.
The 2.5 MW electrolyzer produces 350 tons of renewable hydrogen annually, reducing carbon footprints and powering transport. Future plans include larger electrolyzers and regional hydrogen initiatives.
active all projects
