Repsol

Repsol reinforces its profile as a gas company with the discovery in Indonesia

Repsol Reinforces Its Profile As A Gas Company With The Discovery In Indonesia

Repsol has made the largest discovery of gas in Indonesia in the last 18 years and one of the 10 largest in the world in the last 12 months, with a preliminary estimation of at least 2 billion cubic feet of gas in recoverable resources, the equivalent of 2 years of gas consumption in Spain and 20% of Repsol’s natural gas reserves.


Repsol reinforces its exploration position in Alaska with 12 blocks

Repsol Reinforces Its Exploration Position In Alaska With 12 Blocks

Repsol has secured 12 new blocks in an area near to Pikka, the largest on-land oil discovery in the US in the last 30 years. The oil company has secured mining domination in a zone situated south of the River Colville (Alaska, US), where ConocoPhillips has also made significant discoveries. Repsol´s partner Oil Search has also secured four leasing contracts.


In Q3 Repsol Reduces Production By 4.3% To 691,000 Barrels Per Day

According to data provided to the regulator (CNMV) by the company, Repsol´s oil production amounted 691,000 barrels per day in the third quarter of the year, a reduction of 4.3% compared to the previous quarter and practically in line with the 693,000 barrels per day of the same quarter last year.








Oil and airline industries' link

Betting on oil and airline stocks at the same time? Repsol, IAG good choices

Sonia Ruiz de Garibay (GVCGaesco) | Although a simultaneous investment recommendation for oil and airline stocks might seem a contradiction in terms, the fact they are both heavily influenced by oil prices gives them a very important element in common. Oil is an earning driver for the oil industry, while for the airlines sector it is an important costs’  element, accounting for over 20% of the total. Repsol and IAG are currently good bets.