23 articles
Repsol cited feedstock volatility and European overcapacity for weakened chemicals margins in H1 2026. Geopolitical tensions persist while European ethylene spot prices reached €760/mt amid weak deriv
Venezuela's oil ministry urged partners of state firm PDVSA to finalize contract migrations by July 28 under a new legal framework. Major energy companies including Chevron, Repsol, and Eni are accele
Repsol's Q2 net income surged to €1.27 billion driven by higher refining margins, offsetting substantial impairments in its chemicals business. Petrochemical sales increased 27.2% as the company targe
Spanish energy firm Repsol reported its Q2 adjusted net profit more than tripled to €1.84 billion, driven by stronger refining margins and higher oil prices. The company also announced an increased sh
European stocks are projected to record the highest profit growth in three years, led by strong performance from oil majors like Shell and Repsol alongside AI technology firms. Analysts attribute this
Repsol aims to expand Venezuelan oil operations by adding the Horcon field and tripling production within three years after securing government agreements and U.S. licenses.
Venezuela's PDVSA and Repsol signed an agreement to boost crude and gas production in northwestern Venezuela, aiming to add 20,000 barrels per day. The deal follows eased U.S. sanctions and plans to t
Libya's National Oil Corporation signed production-sharing agreements with major international firms like Repsol and Eni following its first licensing round in nearly two decades. The deals aim to att
Repsol commissioned its second fully renewable fuel plant in Puertollano, adding 200,000 tons of annual capacity from waste feedstocks. The facility reduces CO2 emissions by 700,000 tons annually and
Repsol plans to restart its Sines cracker and butadiene units this June following long-term maintenance, restoring significant ethylene and propylene capacity. Concurrently, new €657 million LLDPE and
Santos and Repsol have commenced commercial oil production from Alaska's Pikka discovery, targeting 20,000 barrels daily initially. This milestone signals a resurgence in state crude flows supported b
Repsol agreed to sell a 49% stake in its Spanish renewable assets to Masdar for approximately €850 million. The deal involves 706 megawatts across wind and solar farms and marks further expansion for
Venezuela's crude exports surpassed 1 million barrels per day in April, a seven-year high following eased US sanctions. Major operators like Chevron and Repsol plan production increases as Indian refi
Repsol's CEO confirmed delaying the U.S. listing of its upstream oil and gas unit until market conditions improve, pausing planned 2026 liquidity events. This strategic pause affects global assets inc
Repsol reported that its net income more than doubled in Q1 2026, though a significant impairment hit its chemicals business. The Spanish energy producer announced the results on Thursday.
Repsol's Q1 adjusted net profit surged 57% on soaring refining margins, with plans to boost kerosene production by 20% amid jet fuel disruptions from the Iran war. Full-year commitments remain on trac
Eni SpA agreed to restart an oil project in Venezuela’s Orinoco Belt following eased US sanctions. The deal involves resuming work at the Junín-5 venture and collaborating with Repsol on gas exports f
Eni and Repsol plan to raise natural gas production at Venezuela's Cardon IV field to 645 million cubic feet per day, while PDVSA aims to increase crude oil exports to 1.06 million barrels per day.
Spanish fuel wholesaler Hatta Energy SL filed an EU complaint alleging Repsol, BP, and Moeve engaged in anti-competitive practices to dominate Spain's hydrocarbon wholesale distribution market.
Eni and Repsol secured a deal with Venezuela to expand the Perla field and begin LNG exports by 2031. The agreement includes compensation for past unpaid volumes and extends operations through 2051 fo
Repsol is set to regain operational control of its Venezuelan oil assets and boost production following a deal with the South American government, according to the Financial Times.
Repsol has cancelled its planned 200-MW green hydrogen project in Spain, citing a lack of on-site renewable energy and a 50% rise in capital expenditure.
Clariant will supply catalysts for Repsol's Ecoplanta waste-to-methanol plant, purifying syngas to produce circular methanol. The 240,000 metric ton annual capacity project is scheduled to come online
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