Repsol, S.A. is a global integrated energy company headquartered in Madrid, Spain, with operations spanning the entire oil and gas value chain. Its core businesses include exploration and production of crude oil and natural gas, refining and marketing of petroleum products, and the manufacture of petrochemicals. The company also develops and operates renewable energy projects, energy trading, and power generation facilities, positioning itself as a diversified player in the evolving energy landscape.
Founded in 1987 through the merger of several state-owned Spanish oil companies, Repsol has grown to become one of Europe’s leading energy groups. Over the decades, it has expanded its upstream portfolio through exploration successes in the Gulf of Mexico, Brazil, and the North Sea, while also forging partnerships in North Africa and the Asia Pacific region. On the downstream side, Repsol has invested in modernizing its refining complexes and expanding its petrochemical plants, enhancing efficiency and environmental performance.
Repsol serves customers in more than 30 countries, operating an extensive network of service stations across Spain, Portugal, Latin America, and parts of Europe. In addition to traditional fuels, its retail outlets offer lubricants, automotive products, and convenience store services. The company’s upstream activities cover both onshore and offshore fields, with notable projects in Canada’s oil sands and natural gas developments in Southeast Asia. Repsol also supplies industrial customers with high-quality chemical derivatives and specialty materials.
Under the leadership of Chairman Antonio Brufau and CEO Josu Jon Imaz, Repsol is pursuing a strategic transformation toward lower-carbon energy sources. The company has set ambitious goals to reduce its carbon footprint by investing in renewables such as solar, wind, and biofuels, as well as exploring green hydrogen and carbon capture technologies. Through partnerships and innovation, Repsol aims to balance energy security with sustainability, steering its business toward a cleaner, more resilient future.
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