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Repsol Initiates Buy-Back Programme Of Up To 1.45% Of Its Share Capital
Repsol Sees Cash Flow From Operations Of 3.6 Billion Euros In 2020 -CEO
Repsol Buys Renewables Assets In Chile Gaining Access To A Portfolio Of Over 1,600 MW In 2025
Repsol, S.A. (Repsol) is an integrated energy company. The Company's segments include Upstream, Downstream, and Corporation and others. The Upstream segment carries out oil and natural gas exploration and production activities, and manages its project portfolio. The Downstream segment includes covers the supply and trading of crude oil and other products; oil refining and marketing of oil products, and the production and marketing of chemicals. It owns and operates five refineries in Spain (Cartagena, A Coruna, Bilbao, Puertollano and Tarragona) with a combined distillation capacity of approximately 900 thousand barrels of oil per day. The Company operates La Pampilla refinery in Peru, which has an installed capacity of approximately 120 thousand barrels of oil per day. Its Chemicals division produces and commercializes a range of products, and its activities range from basic petrochemicals to derivatives.
Oil & Gas - Integrated
Mendez Alvaro, 44
Antonio Brufau Niubo
Chairman of the Board
Josu Jon Imaz San Miguel
Chief Executive Officer, Executive Director
Manuel Manrique Cecilia
Non-Executive Deputy Chairman of the Board
Antonio Lorenzo Sierra
Chief Financial Officer, General Director of the Economic and Financial Area
Miguel Klingenberg Calvo
Corporate Director of Legal Affairs
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A fire that broke out at Repsol's Puertollano petrochemical plant on Monday morning after lightning struck a fuel storage tank has caused no injuries and will have no impact on production, a company spokesman said.
Spain's Repsol <REP.MC> posted a net loss and wrote down $1.5 billion in assets on Thursday as it presented new expectations for oil and gas prices, following most peers in lowering its projections.
Spanish energy major Repsol <REP.MC> lowered its oil price <LCOc1> assumptions on Thursday, bringing its long-term outlook in line with most European rivals which have booked writedowns and leaving Equinor as a bullish outlier in the sector.
Spanish oil and gas firm Repsol posted a net loss for the second quarter on Thursday, and wrote down $1.5 billion in assets on expectations of lower oil prices over the next 30 years.
Spaniard Pol Espargaro has signed a two-year deal to race for MotoGP champions Repsol Honda from 2021 when Marc Marquez's brother Alex will move to the LCR team in place of Britain's Cal Crutchlow, Honda said on Monday.
Spanish oil and gas company Repsol plans to invest 80 million euros ($90 million) to build two new plants in the Bilbao area as part of efforts reduce its carbon emissions.
* DEMAND FOR FUEL IN GAS STATIONS IN SPAIN WAS 38% DOWN IN MAY BECAUSE OF CORONAVIRUS LOCKDOWN Source text for Eikon: Further company coverage: (Reporting by Inti Landauro)
Oil and gas company Repsol plans to invest 80 million euros ($90 million) to build two new plants in Spain as part of efforts reduce its carbon emissions.
Spain's Repsol has pulled out of a planned joint venture to develop two Arctic oil blocks with Russia's Gazprom Neft and Royal Dutch Shell, a spokesman at Repsol said on Friday.
A target to reduce carbon emissions to net zero by 2050 does not mean Spanish oil and gas firm Repsol <REP.MC> will stop producing oil though it will focus on certain projects, Chief Executive Josu Jon Imaz said on Tuesday.
Sagging oil prices pulled Repsol's <REP.MC> first-quarter profit down 28% but that beat expectations, making shares in the Spanish energy company top gainers in Madrid on Tuesday.
* Q1 ADJUSTED NET PROFIT 447 MILLION EUROS VERSUS 618 MILLION EUROS YEAR AGO
* SAYS THE GLOBAL DECLINE IN ACTIVITY AND, OVERALL, STRONG DETERIORATION OF ECONOMIC CONDITIONS AS A CONSEQUENCE OF PANDEMIC ARE IMPACTING THE PROFITABILITY OF THE MAIN BUSINESSES OF THE COMPANY
Spain's Repsol reported a 28% fall in first-quarter profit on Tuesday, becoming the latest in a string of oil and gas firms to reveal deep damage done to their balance sheets by the new coronavirus laying waste to energy demand.
A consortium led by Spain's Repsol including Germany's Wintershall DEA and Thailand's PTTEP have discovered two deepwater oil fields in the Gulf of Mexico, the companies said on Monday.
Construction teams have started building oil and gas firm Repsol's first solar plant, observing strict distancing measures due to the coronavirus, the company said on Wednesday.
Spain's Repsol said on Wednesday it would slash investments by 26% this year to limit the damage caused by sliding oil and gas prices and the coronavirus epidemic.
Spanish oil and gas firm Repsol said on Wednesday it would slash investments by 26% this year to limit the damage caused by sliding oil and gas prices and the coronavirus epidemic.
* 2019 operating cash flow at $5.8 bln, up 8% y/y (Adds details on renewable power business, write-downs, payouts)
The start of production at Repsol's Yme oilfield, the group's largest project off Norway, will be delayed until the second half of 2020 as preparations take longer than expected, the Spanish energy firm confirmed on Thursday.
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