22 Facts About Repsol

Repsol S A is a Spanish multinational energy and petrochemical company based in Madrid.

In 2003 Repsol tripled its reserves and production of hydrocarbons in Trinidad and Tobago.

In 2008 Repsol began an intensive exploration campaign in which it focused its efforts on and invested in exploring in new areas, with results that enabled the company to change its profile.

In December 2014 Repsol announced that it would buy Canadian oil company Talisman Energy in a transaction worth about $15.

Repsol is one of the few names of companies which does not obey an acronym or joins that obsession of putting together letters of horrific names.

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Repsol has become a world leader in exploration, with over 40 finds since 2008.

Repsol Group owns and operates five refineries in Spain, and one in Peru.

Repsol is one of the leading retail distributions of LPG, bottled and bulk, worldwide and is the first in Spain and Latin America.

Repsol has a number of subsidiary and affiliate companies, through which the company produces polyolefin compounds, chemical specialties and synthetic rubber at special plants.

Repsol provides electricity and gas in the retail sector with a base of more than 1.

In 2021, Repsol secured the highest level of assurance —the A label— for the second straight year, for its environmentally friendly sourcing of electricity, according to the Comision Nacional de los Mercados y la Competencia.

Repsol is a major player in the generation of electricity in Spain.

Repsol went to various international bodies to pursue legal action directly after losing its shares of YPF.

Repsol had the backing of the EU and the US, and both powers condemned Argentina's move as expropriation.

In June 2013, Repsol rejected a $5 billion proposal from Argentina to compensate for the 2012 expropriation.

The board of Repsol unanimously rejected this offer, as it would have caused them to drop a $10.

On 25 February 2014, the Repsol board announced it had accepted a settlement offer from the Argentine government of an issue of Argentine bonds valued at $5 billion.

In 2011 Repsol built the world's first service station certified by BREEAM, "the leading international method for evaluating and certifying building sustainability".

In 2016, Repsol ranked as being among the 12th best of 92 oil, gas, and mining companies on indigenous rights in the Arctic.

The spokeswoman explained the mistake in informing the Government of the actual amount of spill stating that, since it happened during the night of the 15th, Repsol was unable to correctly estimate how much crude was spilled, and had to wait until the following morning to accurately analyse the situation.

Repsol's declined to say who would be responsible for the spill.

Repsol has claimed that the Navy's refusal to inform the public of the incoming waves and tsunami allowed them to continue with the unloading of crude oil, which lead to the spill.