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Total

Oil prices reaches their highest level for almost four years

Ibex, Markets 9th May 2018

Oil Prices Rally After Trump Breaks Agreement With Iran Benefits Repsol, Total in Europe, Exxon In US

Donald Trump has announced the US’ withdrawal from the agreement with Iran and will reimpose economic sanctions on that country. Bankinter analysts believe OPEC and Russia hold the possible solution to the crude supply problem, substituting the production which could be withdrawn from Iran.

Companies 16th January 2012

Repsol sells its French LPG business to Totalgaz

Repsol YPF has reached an agreement with Totalgaz, a subsidiary of Total for the sale of its liquefied petroleum gas business (LPG) in France, reported sources close to the transaction to Europa Press. The oil company, chaired by Antonio Brufau, has carried out this sale as part of its strategy of divesting from ‘downstream’ non-integrated assets with which it has already generated more than $1.2 billion (€945 million) in five…