Repsol S.a Stock News

Repsol Earnings, Revenue Beat in Q4

MADRID (Reuters) – Clean-up and remediation costs after a major oil spill of more than 10,000 barrels at a Repsol facility in Peru could total more than $65 million, the Spanish company’s chief executive said on Thursday.

High oil and gas prices helped Spain''s Repsol to post earnings above market expectations on Thursday, giving it more financial firepower to spend on low-carbon operations investors are increasingly demanding of energy companies.

Repsol SA has agreed to purchase liquefied natural gas (LNG) from Venture Global LNG Inc.’s Plaquemines export project in Louisiana. The

LIMA, Peru (AP) — Dozens of beaches near Lima were deserted and thousands of fishermen remained without work Tuesday, one month after an oil spill at a refinery created what the United Nations called the worst ecological disaster in Peru’s recent history. Clean up of the oil is going slowly, with Peruvian authorities saying that less than a quarter of the 11,900 barrels spilled into Pacific Ocean on Jan. 15 has been collected. Spanish oil company Repsol says only 10,300 barrels spilled that day at its La Pampilla refinery in front of Peru''s capital. Environment Minister Modesto Montoya on Monday said that 2,000 barrels have been recovered. Repsol did not immediately respond to requests for comment on the number of barrels collected. Chocolate-colored foam bobs on the waters in front of Lima, its appearance a product of the “physical-chemical” reaction between the spilled oil and moving seawater, said Montoya, citing experts from a U.N. multidisciplinary team that has analyzed the spill.

Spanish state-run oil company Repsol now blames a "sudden movement" of the Italian-flagged Mare Doricum tanker caused the Jan. 15 spill of thousands of barrels of crude oil off the coast of Lima, which has caused a major environmental disaster in the region.

Kaieteur News – During a recent interview with a Peruvian television station, the country’s new Minister of Environment (MINAM), Modesto Montoya, stated that Spanish oil company, Repsol, is not fulfilling its obligation to clean-up the aftermath of the oil spill that came from one of its refineries. The oil spill occurred on January 15, 2022 […]

Mexican President Andres Manuel Lopez Obrador called Wednesday for pausing diplomatic relations with Spain, not breaking them, as he escalated his criticism of Mexicos former colonial power, which he says has exploited Mexico. Lopez Obrador made the comments at a regular news briefing during which he requested a breather in official ties, stating the relationship is not good currently. The Mexican president has been consistent in his assertion that Spanish authorities and corporations have been exploiting the North American country, particularly in the energy sector. They were like the owners of Mexico, Lopez Obrador said to the media as he took to task the government of Prime Minister Pedro Sanchez. They plundered us, Lopez Obrador said, targeting the role of Spanish investment in the country. Perhaps when the government changes, relations will be restored, and I wish that when Im no longer here they wouldnt be what they were before. Lopez Obrador has proposed changes to Mexicos energy market that have drawn criticism.

Feb 7 (Reuters) – Spanish oil major Repsol SA (REP.MC) is considering putting some of its Canadian assets for sale later this year as it looks to reap the benefits of higher oil and gas prices, four sources told Reuters on Monday. Repsol is seeking buyers for its holdings in the Duvernay basin, in western Canada, which … Read more

Perus authorities have temporarily allowed Repsols La Pampilla refinery to load and unload hydrocarbons to secure crude oil supplies amid ecological disaster caused by oil spill, Perus Agency for Environment Assessment and Enforcement (OEFA) said.On January 31 Perus Environmental Ministry banned ..

Prosecutors want to bar Repsol SA local refinery executives from leaving Peru as probe into enormous oil leak continues.

Spanish energy company Repsol SA said on Wednesday it rules out a new offshore oil spill in Peru, after the Peruvian environmental regulatory agency said it was investigating if the firm was responsib

Peru''s government blames Repsol ([[REPYF]], [[REPYY]]) for an offshore oil spill caused by a tsunami from an underground volcanic eruption near the Pacific island of Tonga over

Production of 561kb/d missed consensus of 594kb/d by a wide margin, and drove full-year results of 572kb/d to miss full-year guidance of 590-600kb/d.Repsol flagged refining margins up…

Repsol ([[REPYF]], [[REPYY]]) agrees to sell its interest in two remaining Russian assets to Gazprom Neft (OGZPY), marking an end of the Spanish company''s operations in Russia where it