Link Securities | The company, together with Forestalia, announced yesterday that they will double their partnership in Aragón (the combined cycle power plant in Escatrón with fifteen wind farms) to a total of 1,600 MW, which will enable a third party to develop a large data centre in the area, according to Expansión. With this scale, it would be the largest energy hybridisation project in Spain to date. Sources in…

Alphavalue / Divacons | Bloomberg reports that Repsol is strengthening ties with the US to reactivate frozen operations in Venezuela. In other news, Technip Energies is joining Repsol’s waste-to-methanol project in Spain. The French engineering group announced that it has secured two service contracts with Repsol for the development of Ecoplanta, a waste-to-methanol plant planned for El Morell, Spain.

Banco Sabadell | According to press reports, Repsol is in intense negotiations with the US government to unblock its energy assets in Venezuela, valued at €330 million (2% capitalisation). Since the trade blockade imposed by Donald Trump in March, the company has been unable to export hydrocarbons as compensation for PDVSA’s historical debts to it. Repsol is seeking White House authorisation for a compensatory agreement that would allow it to…

Renta 4 | According to the company itself, the consortium of Repsol, LLOG Exploration Offshore, and O.G. Oil & Gas has achieved its first oil production in the Leon-Castile deepwater fields off the coast of Louisiana in the United States. Specifically, production has begun at a well in the Leon field, and two other wells are expected to come on stream this year in Leon and the adjacent Castile field,…

Banc Sabadell | Pertamina Hulu Energi, a subsidiary of Indonesian state-owned company Pertamina, is in final negotiations to acquire 12.5% of the Pikka project in Alaska for $1 billion (€847 million/5% capitalisation), according to press reports. Repsol (REP) owns 49% of the project, while the Santos group controls the rest. On the other hand, Reuters reports that negotiations between Aramco and Repsol for the purchase of 25% of its Renewables…