Deals Counterparts

Petronor

company

Petronor is a leading oil refining company based in the Basque Country, Spain, and a key subsidiary of the Repsol Group. While its core business is petroleum refining, it is strategically pivoting towards the energy transition, focusing on decarbonization initiatives, the production of green hydrogen, and the development of synthetic fuels as a central player in the Basque Hydrogen Corridor.

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Founded 1968 Parent: Repsol
Oil & Gas MajorOperatorDeveloper

Strategic Overview

  • Petronor is a key player in Repsol's decarbonization strategy and the broader Basque Hydrogen Corridor initiative.
  • The company is investing significantly in new energy vectors like green hydrogen and synthetic fuels to transform its industrial complex.
  • Focus on circular economy principles by utilizing captured CO2 for fuel production.

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Key People

José Ignacio Zudaire Arana
Managing Director

Track Record

56
Years Active
Notable projects: Muskiz Refinery Operation, Basque Hydrogen Corridor Projects (Green Hydrogen Plant, Synthetic Fuels Plant)

Detailed Analysis

Technologies
Green HydrogenCarbon CaptureSynthetic Fuels
Sectors
Energy TransitionUtilities
Geographies
Spain
Deal Stage
OperatingGreenfield

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