REPSOL


Also found in: Wikipedia.
AcronymDefinition
REPSOLRefinería Española de Petróleo, Sociedad Limitada (Spain Petroleum Refinery)
References in periodicals archive ?
Repsol, among the first to have agreed to convert its OSAs to JVs, enjoys a special relationship with the government and PDVSA.
Repsol said it would fund the acquisition bid with cash "essentially obtained from the recovery of value from YPF," the Argentine firm that was seized from the Spanish firm by the government of Argentina in 2012.
It is not clear yet whether Repsol would exit YPF via a quick block trade or a more public transaction, the sources said.
Todavia es pronto para saber si es real o solo un desplante de Emilio Lozoya Austin, director general de Petroleos Mexicanos (Pemex), la advertencia de que saldra de Repsol si su participacion en esta le impide hacer negocios con Argentina, como aduce la directiva de la petrolera espanola.
The Latin American country's lack of funds and its limits on the control private firms have over their investments -- which could deter Repsol from accepting other assets in any settlement -- pose major obstacles to a deal, according to analysts.
Repsol owned 57 percent of YPF, but Buenos Aires appropriated 51 percent of the company, which it will then distribute parts of to oil-rich regions of the country.
Repsol included figures excluding YPF in its results statement even thoughthe unit had not yet been nationalized in the first quarter to show the impactof the Argentine government's move.
Under the transaction, PEMEX raised its shares of Repsol to 9.
11 April 2011 - Moody's upgraded on Friday the rating outlook on Spanish oil and gas company Repsol YPF (MCE:REP) to "stable" from "negative" including Repsol's Baa1 issuer rating, the Baa1/P-2 senior unsecured debt ratings on Repsol International Finance B.
and we are going to start the first survey at the end of March or at the start of April," said Repsol Chairman Alfonso Cortina.
En dos anos, la espanola Repsol se ha convertido en el mayor distribuidor de gas en America Latina.