Repsol YPF

From Wikipedia, the free encyclopedia

Repsol YPF
Type Public
Founded 1986
Headquarters Madrid, Spain
Key people Antonio Brufau Niubó, (Chairman and CEO)
Industry Petroleum
Products Exploration & Production of Crude Oil and Natural Gas, Refining, Gas Stations, Petrochemistry
Revenue 55.923 billion (2007)
Operating income 5.808 billion (2007)
Net income 3.188 billion (2007)
Employees 36.000
Website www.repsolypf.com

Repsol YPF, S.A., (BMADREP) is an integrated Spanish oil and gas company with operations in 29 countries. The bulk of its assets are located in Spain and Argentina. The product of a 1999 takeover of Argentine energy firm YPF by the Spanish conglomerate Repsol S.A. within the controversial privatisations by president Carlos Menem, it is now one of the world's ten largest oil enterprises[citation needed], employing over 30,000 people worldwide.

In May 2006 Repsol announced it was planning to float between 15% and 20% of YPF's shares in Argentina's stock market.

Repsol also partners with Honda Racing Corporation to compete in MotoGP under Repsol Honda Team.

[edit] External links