Repsol SA (REP.MC) Key Developments | Reuters.com
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Repsol SA (REP.MC)

REP.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Repsol sees over 40 pct reduction in capex in period 2016-2020 vs 2014
Friday, 20 May 2016 06:07am EDT 

Repsol SA :Sees over 40 percent reduction in capex in period 2016-2020 versus 2014.  Full Article

Repsol SA agrees sale of LNG units in Peru, Ecuador for $335 mln
Wednesday, 20 Apr 2016 03:01pm EDT 

Repsol SA:Says has agreed to sell its liquefied natural gas (LNG) businesses in Peru and Ecuador for a combined $335 million at current exchange rates to Chile's Abastible.Says plans to maintain exploration and production activities in Peru and Ecuador following the sales.  Full Article

Repsol sells part of piped gas business to EDP and Gas Extremadura for 136 mln euros
Monday, 25 Jan 2016 11:45am EST 

Repsol SA:Sells its piped gas business in northern Spain and Extremadura for 136 million euros.The piped gas assets will be transferred to EDP group and Gas Extremadura.Says capital gain from the operation is 76 million euros.This transaction follows the sale completed by Repsol in Sept. 2015 of piped gas assets to Gas Natural Distribución and Redexis for 652 million euros.Following these two sales, Repsol maintains portfolio of piped gas assets with the capacity to supply 42,000 customers in the Community of Madrid.  Full Article

Repsol SA's Alberta site operations remain halted as earthquake probed - Reuters
Wednesday, 13 Jan 2016 04:51pm EST 

Repsol SA:Operations remained halted for a second day on Wednesday at a remote Repsol Oil and Gas site in the Canadian province of Alberta as regulators investigated the cause of the area's largest earthquake in more than a year. - RTRS.Repsol, a unit of Spanish energy company Repsol S.A. REP.MC said it was conducting hydraulic fracturing at the site at time of the earthquake, which occurred on Tuesday morning. It registered magnitude 4.8, according to the Alberta Energy Regulator - RTRS.Repsol operations "will remain suspended until we have approved their plans to resume operations without inducing further seismicity," said Carrie Rosa, a spokeswoman for the regulator - RTRS.Rosa said she did not know how long the investigation would take, adding it was too early to say if the quake was caused by fracking, which involves injecting water, sand and chemicals deep underground to break up rock formations - RTRS.Many people have associated fracking with earthquakes. But the U.S. Geological Survey (USGS) said last year that the actual fracking process is only occasionally the direct cause of felt earthquakes. - RTRS.The earthquake occurred 18 km (11 miles) north of the town of Fox Creek in northwestern Alberta, a preliminary USGS report said. No injuries or damage was reported - RTRS.  Full Article

Repsol SA unit completes 600 mln euros bond placement
Wednesday, 9 Dec 2015 02:37pm EST 

Repsol SA:Says its unit Repsol International Finance BV completes 600 mln euros bond placement.Bonds with 2.125 percent coupon will be listed on Luxembourg stock exchange.  Full Article

Repsol sells part of its piped gas business for 652 mln euros
Tuesday, 29 Sep 2015 08:00pm EDT 

Repsol SA:Repsol has agreed with Gas Natural Distribucion and Redexis Gas sale of part of its piped gas business.Various operations amount to a total of 651.5 million euros, generating an estimated after-tax capital gain of 367 million euros A.Agreements, which will be completed in early 2016, are subject to regulatory approvals.Following these transactions, Repsol maintains portfolio of piped gas assets with capacity to supply 141,535 regional customers that it will continue to operate normally.  Full Article

Repsol SA sells 10 pct stake in CLH to Ardian
Friday, 25 Sep 2015 02:29am EDT 

Repsol SA:Sells 10 pct stake in CLH to Ardian for 325 million euros.With this investment Ardian reinforces its position as the largest shareholder in CLH, increasing its shareholding to 25 percent.  Full Article

Repsol SA informs on execution of free allotment rights
Monday, 6 Jul 2015 10:45am EDT 

Repsol SA:Following announcement from April 30 and June 15, company said 63.5 pct of free allotment rights (that is 872,672,628 rights) opted to receive new Repsol shares.As a result, 25,666,842 shares were issued as part of capital increase, that is 1.87 pct of company's capital.Remaining 36.5 pct of free allotment rights were repurchased, that 502,021,533 rights for a total of 242,978,422 euros.  Full Article

Repsol SA's Varg and BG's Knarr Norway rig workers agree wage deal, avoid strike -labour unions - Reuters
Tuesday, 23 Jun 2015 08:00pm EDT 

Repsol SA:Says Norwegian offshore oil rig workers signed a new wage deal on Thursday, avoiding a strike that could have cut energy production, labour unions said - Reuters.Says Some 574 rig workers, including 189 employees on Repsol's Varg and BG's Knarr oil fields, had threatened to strike if talks, which begun early on June 24th, failed.  Full Article

Talisman Energy announces completion of the acquisition by Repsol
Friday, 8 May 2015 08:15am EDT 

Talisman Energy Inc:Says acquisition of Talisman by Repsol S.A. by way of an arrangement under the Canada Business Corporations Act has been completed.Under the arrangement, Repsol has acquired all of the outstanding common shares of Talisman at a price of US$8.00 per share and all of the outstanding preferred shares of Talisman at a price of C$25.1093 per share.With the completion of the arrangement, the common shares will be delisted from the Toronto Stock Exchange and the New York Stock Exchange, and the preferred shares will be delisted from the Toronto Stock Exchange.  Full Article

Sacyr to pay down a further 317 mln euros from Repsol loan

MADRID, June 20 Spanish builder Sacyr will use an additional 317 million euros ($358 mln) from the sale of real estate unit Testa to partially pay down a loan it took out to buy its stake in oil company Repsol, it said on Monday.