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Repsol
Repsol S.A.
El Nuevo Herald, 2012-05-31
Originally an initialism for ''Refinería de Petróleos de Escombreras'' adding the word ''Sol'' (Sun) () is a Spanish multinational energy and petrochemical company based in Madrid. It is engaged in worldwide Upstream (petroleum industry), upstream and Downstream (petroleum industry), downstream activities. In the 2022 Forbes Global 2000, Repsol was ranked as the 320th-largest public company in the world. As of 2022, it has 24,000 employees worldwide. It is Vertical integration, vertically integrated and operates in all areas of the oil and gas industry, including Hydrocarbon exploration, exploration and Extraction of petroleum, production, refining, Midstream, distribution and marketing, petrochemicals, power generation and Trade, trading. The busin ...
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Repsol Campus
Repsol Campus is a building that serves as headquarters of the oil company Repsol, located on Mendez Alvaro street, 44, in the city of Madrid, Spain. It was designed by the architect Rafael de La-Hoz Arderius. The plot of this building, which houses about 4,000 employees, is equivalent to the extension of the Monastery of El Escorial and the size of its indoor garden is a bit longer than a soccer field. This building located within the ring of the M30 Motorway is one of the few major corporate centers in the center of the Spanish capital. Characteristics The Repsol Campus consists of four horizontal buildings surrounding a spacious garden, the complex is characterized by a "smart" building with large glass facades, which enables optimal use of natural light in all areas of the campus. The project was conceived with sustainability standards, careful use of recycled materials, the use of alternative energy sources, as well as accessibility for people with limited capacities and geo ...
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Antonio Brufau Niubó
Antonio Brufau Niubó (born 12 March 1948) is the CEO and Chairman of the multinational oil and gas company Repsol, a role he has been in since 2004. Career After education, Brufau worked in Arthur Andersen where he became a partner and a director of auditing. In 1988, he joined La Caixa, as deputy general manager and head industrial entity. Within this capacity, along with then President Josep Vilarasau and Isidre Fainé, he assisted in the amalgamation of the Pension Fund of Catalonia and the Balearic Islands and Box de Ahorros y Monte de Piedad Barcelona. In 1994, on behalf of La Caixa, he became president of Port Aventura. In July 1997, he was appointed the president of the natural gas division at Repsol, a post he held until 2004. From 1996 to 2004, Brufau was a member of the Board of Directors of Repsol. In July 2002, he was appointed president of Circulo de Economía de Barcelona, a position that he held until July 2005. In 2004, he was appointed CEO of Repsol YPF. ...
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Josu Jon Imaz
Josu Jon Imaz San Miguel is a politician, executive and scientist from Zumarraga, Basque Autonomous Community, Spain, born in 1963. He is CEO of the oil company Repsol. Doctor in Chemical Sciences from the University of the Basque Country. He pursued a political career in the Basque National Party since the early 1990s until the mid-2000s, as an MEP, spokesperson of the Basque autonomous government, and chairman of the party, succeeding Xabier Arzalluz. Training Josu Jon Imaz San Miguel has a PhD in Chemical Sciences from the University of the Basque Country. He graduated from the Faculty of Chemical Sciences in San Sebastian. He received the Extraordinary Prize of Degree. He specialised in Polymers. He received training in Business Management in 1989–1990, as part of the Ikasbide General Management Training Plan of the Mondragón Cooperative Group. He completed his PhD dissertation at the Higher Institute of Industrial Engineering in Bilbao (1994). In December 1986 he wa ...
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Petronor
Petróleos del Norte S.A. (Petronor) is a Spanish oil and gas company based in Muskiz, Basque Country (autonomous community), Basque Country. The company was established on 30 November 1968. From 1976 to 1981, its executive manager was Nemesio Fernández-Cuesta. It is owned by Repsol (85.98%), and Kutxabank (14.02%). History Petronor was founded on November 30, 1968, with the participation of Basque bourgeoisie figures such as Javier Ybarra, Fernando Ybarra, Pedro Careaga or Alfonso de Churruca -the latter being the president of CAMPSA. The company was born with the aim of building an oil refinery in the north of Spain, after having received authorization to do so from the Franco regime. At the beginning of the 1970s, the shareholders of Petronor included Gulf Oil, Campsa, Río Gulf-Explosivos Río Tinto and several financial institutions in Biscay. Sponsorship Between 2008 and 2015, Petronor was the main kit sponsor of Spanish football club Athletic Bilbao, Athletic Club. R ...
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National Hydrocarbons Institute
The National Hydrocarbons Institute (1980–1995, , INH) was a Spanish state-owned oil and gas company established through Law 45/1981, to manage the business-related activities of the petroleum industry in the country. However, privatization of the energy sector began in the late 1980s and INH was abolished in 1995. See also * Ministry of Industry (Spain) * SEPI References Oil and gas companies of Spain Spain Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ... Government-owned companies of Spain Energy companies established in 1981 Non-renewable resource companies established in 1981 Non-renewable resource companies disestablished in 1995 {{Spain-stub ...
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Filling Station
A filling station (also known as a gas station [] or petrol station []) is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold are gasoline (or petrol) and diesel fuel. Fuel dispensers are used to pump gasoline, diesel, compressed natural gas, compressed hydrogen, hydrogen compressed natural gas, liquefied petroleum gas, liquid hydrogen, kerosene, alcohol fuels (like methanol, ethanol, butanol, and propanol), biofuels (like straight vegetable oil and biodiesel), or other types of fuel into the tanks within vehicles and calculate the financial cost of the fuel transferred to the vehicle. Besides gasoline pumps, one other significant device which is also found in filling stations and can refuel certain (compressed-air) vehicles is an air compressor, although generally these are just used to inflate car tires. Many filling stations provide convenience stores, which may sell convenience food, beverages, tobacco produc ...
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Hydraulic Fracking
Fracking (also known as hydraulic fracturing, fracing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of formations in bedrock by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely. When the hydraulic pressure is removed from the well, small grains of hydraulic fracturing proppants (either sand or aluminium oxide) hold the fractures open. Fracking, using either hydraulic pressure or acid, is the most common method for well stimulation. Well stimulation techniques help create pathways for oil, gas or water to flow more easily, ultimately increasing the overall production of the well. Both methods of fracking are classed as ''unconventional'', because they aim to perman ...
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Trade
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. Traders generally negotiate through a medium of credit or exchange, such as money. Though some economists characterize barter (i.e. trading things without the use of money) as an early form of trade, money was invented before written history began. Consequently, any story of how money first developed is mostly based on conjecture and logical inference. Letters of credit, paper money, and non-physical money have greatly simplified and promoted trade as buying can be separated from selling, or earning. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labor, a predominant form of economic activity in which individuals and groups ...
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Power Generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its storage, using for example, the pumped-storage method. Consumable electricity is not freely available in nature, so it must be "produced", transforming other forms of energy to electricity. Production is carried out in power stations, also called "power plants". Electricity is most often generated at a power plant by electromechanical generators, primarily driven by heat engines fueled by combustion or nuclear fission, but also by other means such as the kinetic energy of flowing water and wind. Other energy sources include solar photovoltaics and geothermal power. There are exotic and speculative methods to recover energy, such as proposed fusion reactor designs which aim to directly extract energy from intense magnetic fields generated by fa ...
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Upstream (petroleum Industry)
The oil and gas industry is usually divided into three major sectors: upstream (also called exploration and production or E&P), '' midstream'' and '' downstream''. The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface. The upstream industry has traditionally experienced the highest number of Mergers, Acquisitions (M&A) and Divestitures. M&A activity for upstream oil and gas deals in 2012 totaled $254 billion in 679 deals. A large chunk of this M&A, 33% in 2012, was driven by the unconventional/shale boom especially in the US followed by Russia and then Canada. The aggregate value of Upstream E&P assets available for sale (Deals in Play) reached a record-high of $135 billion in Q3 2013. The value of Deals in Play doubled from $46 billion in 2009 to $90 billion in 2010. With ongoing M&A a ...
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Midstream
The oil and gas industry is usually divided into three major components: upstream, midstream and downstream. The midstream sector involves the transportation (by pipeline, rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products. Pipelines and other transport systems can be used to move crude oil from production sites to refineries and deliver the various refined products to downstream distributors. Natural gas pipeline networks aggregate gas from natural gas purification plants and deliver it to downstream customers, such as local utilities. The midstream operations are often taken to include some elements of the upstream and downstream sectors. For example, the midstream sector may include natural gas processing plants that purify the raw natural gas as well as removing and producing elemental sulfur and natural gas liquids (NGL) as finished end-products. Service providers * Barge companies * Railroad companies * Truck ...
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Refining
Refining is the process of purification of a (1) substance or a (2) form. The term is usually used of a natural resource that is almost in a usable form, but which is more useful in its pure form. For instance, most types of natural petroleum will burn straight from the ground, but it will burn poorly and quickly clog an engine with residues and by-products. The term is broad, and may include more drastic transformations, such as the reduction of ore to metal (for which see Refining (metallurgy)). The refining of liquids is often accomplished by distillation or fractionation; this process is useful, for example, for isolating different fractions of petroleum. Gases can be refined in this way as well, by being cooled and/or compressed until they liquefy. Gases and liquids can also be refined by extraction with a selective solvent that dissolves away either the substance of interest, or the unwanted impurities. Many solids can be refined by growing crystals in a solution o ...
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