Spanish energy company Repsol has resumed exploratory drilling in Libya's Murzuq Basin after halting operations in 2014. The Libyan National Oil Company (NOC) confirmed the development in a statement on Tuesday, highlighting the importance of renewed foreign investment in the country’s...
Saudi Arabian Oil Company (Saudi Aramco) is currently considering acquiring a minority stake in Madrid-based energy conglomerate Repsol SA's renewable unit, Spanish newspaper Expansion reported on Friday, citing several market sources.
The report states that Saudi Aramco has reached...
About 170 Petrofac Ltd. workers employed at the platforms owned by Repsol S.A. in the North Sea began a two-day strike on Thursday, the British union Unite said on Thursday, joining others that demand pay raises amid record inflation in the United Kingdom.
"Unite's members are watching offshore...
Repsol SA highlighted its diversification efforts in a strategic update on Wednesday and said it would bolster shareholder distribution after delivering targets two years before the end of the plan for 2016 to 2020. Dividends, accompanied by stock buybacks, would be raised by 8% per year, to €0.95...
Madrid-based energy conglomerate Repsol SA said on Thursday that it would profit €400 million on a consolidated basis after agreeing to exit Gas Natural SDG SA. Rioja Bidco Shareholdings SLU, owned by CVC Capital Partners Ltd.'s funds, signed a deal to pay nearly €3.82 billion for a stake of...
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