Compañía Española de Petróleos
From Wikipedia, the free encyclopedia
 | |
| Type | Sociedad Anónima Unipersonal |
|---|---|
| Traded as | BMAD: CEP |
| Industry | Petroleum |
| Founded | Madrid, Spain (September 26, 1929) |
| Headquarters | Madrid, Spain |
| Area served | Nationwide |
| Key people |
Khadem Al Qubaisi, President Santiago Bergareche Busquet, CEO |
| Products |
Petroleum Natural gas Motor fuels Aviation fuels |
| Services | Service stations |
| Revenue |
 €21.228 billion (2007) |
| Owner(s) | International Petroleum Investment Company (100%) |
| Employees | 9,000 (2007) |
| Website | www.cepsa.com |
Compañía Española de Petróleos, S.A.U. (CEPSA; Spanish Petroleum Company) is a Spanish multinational oil and gas company. It operates in several European countries as well as in Algeria, Canada, Morocco, Brazil, and Panama. The company currently produces around 260,000 barrels per day (41,000 m3/d) and has a refining capacity in three refineries of 21 million tonnes/year.
Recent news
In 2011 CEPSA was bought by Abu Dhabi's International Petroleum Investment Company for 267 million euros.[1]
Since 2012, the company has appeared on Toro Rosso Formula One cars.
In November 2013, the firm agreed to buy Coastal Energy Co for around $2.21 billion.[2]
External links
References
- ↑ Cespa. "Cespa company information".
- ↑ Sakthi Prasad (19 November 2013). "Spain's Cepsa to buy Coastal Energy in deal worth $2.2 billion". Reuters.
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