Repsol posted net income of €1.939 billion between January and September 2021, higher than in the same period in 2019 (€1.466 billion), prior to the COVID-19 crisis. Adjusted net income, which specifically measures business performance, was flat (€ 1.582 billion) compared to 2019 (€1.637 billion). All business segments achieved positive results, especially Exploration & Production, particularly influenced by the upward trend in commodity prices. In the first nine months of…

Repsol plans to build two new plants for high value-added, 100% recyclable polymeric materials for the pharmaceutical, automotive and food industries.The project has been considered by the Portuguese government as an initiative of Potential National Interest (PIN), a qualification reserved for investments that make a significant contribution to the country’s economy, and will benefit from tax incentives for investments of up to 63 million euros.

Repsol has produced, at its Petronor Industrial Complex in Bilbao Spain, the first batch of aviation biojet fuel, a sustainable fuel obtained from waste. This important milestone in the production of fuels with a low carbon footprint represents an evolution in the decarbonisation of air transport fuels, a segment where electrification is not viable at the moment. The batch consists of 5,300 tonnes of sustainable fuel, the use of which…

Bank of Montreal informed the CNMV on Monday that it holds a total of 3.467% of the voting rights of Repsol (REP). However, it does not specify whether this is in its own name or in the name of third parties, nor the average acquisition price. This stake would make it the fifth largest shareholder after Sacyr, with 8.2%, JP Morgan with 6.8%, BlackRock with 5% and Amundi with 4.5%….