Spain's Caixabank is considering selling the bulk of its 11.9 per cent stake in Spanish oil major Repsol to its parent group, a move that could boost the lender's capital and finances while maintaining a grip on the energy firm.
Spanish oil firm Repsol said it is making final preparations to resume drilling in Libya in early 2013, adding to signs that the Opec member's key industry is returning to normal after the 2011 civil war.
"We have ordered
Spain's Repsol is the latest large international oil group to eye potential investments in the semi-autonomous Kurdish region of Iraq, sources familiar with the matter said.
Repsol's move, which risks it being blacklisted from investment i
Qatar's deal to supply liquefied natural gas to Spain's Repsol will run for three years, with the LNG destined solely for Canada, Qatar's energy minister said.
State-controlled Qatargas and Spain's biggest oil company announced a multi-yea
Qatargas is to start supplying liquefied natural gas (LNG) to Repsol's Canaport terminal in Canada before the end of 2010, Spain's largest oil company said on Thursday.
The long-term supply deal with the world's largest exporter of super-c
Rak Petroleum, a leading oil and gas exploration firm based in the UAE, has announced plans to farm-out a 50 per cent stake in its block in Oman to expert Spanish group Repsol Exploracion.
The Ras Al Khaimah company said it
Falling oil and gas prices hit profits at European oil majors Royal Dutch Shell and Repsol in the second quarter, prompting both to cut costs and scale back investments.
Shell said the industry was grappling with a combination of wea
China's CNOOC is exploring a potential $15 billion joint venture with Repsol, involving the Spanish oil company's global exploration and production assets, a source familiar with the matter said.
CNOOC's pursuit of a Repsol joint venture w
Norway's StatoilHydro, Spain's Repsol and Denmark's Maersk are preparing a joint bid to build an oil processing plant at Iraq's West Qurna oilfield, according to a source close to the matter.
Bids for the 50,000-barrel-per-
Royal Dutch Shell and Spain's Repsol are negotiating with the Iranian government to pull out of a $10 billion natural gas project due in part to US pressure, Spanish newspaper Expansion reported on Saturday.
The companies want Iran to agre