Oil and Gas Players Are Scaling EV Charging

It is no longer news that fuel retailers are investing in EV charging. But the scale and pace of deployment now clearly differ between players, and the competitive landscape is taking shape faster than many expected.

Who leads the Nordic rollout

In Sweden, Circle K is leading with over 1,000 fast chargers installed and the fastest rollout in recent months. OKQ8 follows closely, while St1 and Preem remain further behind. The gap between the front-runners and the rest is widening with each quarter.

At the same time, only around 20% of petrol stations across these networks are equipped with fast charging. The transition is firmly underway, but the vast majority of locations still have no EV charging infrastructure. For the oil and gas sector, this is no longer a question of whether to invest. The question is where to expand next, and how those new sites will perform once built.

Data-driven expansion beats intuition

This is where data becomes decisive. Prioritizing build-out based on real charging data, local demand patterns, and competitive positioning is what separates strategic deployment from guesswork. At pickel, we help operators make exactly these decisions, using site-level insights to identify where the next charger will generate the highest return.