Compañía Española de Petróleos
|Type||Sociedad Anónima Unipersonal|
|Traded as||BMAD: CEP|
|Founded||Madrid, Spain (September 26, 1929 )|
|Key people||Khadem Al Qubaisi, President
Santiago Bergareche Busquet, CEO
|Revenue||€21.228 billion (2007)|
|Owner(s)||International Petroleum Investment Company (100%)|
Compañía Española de Petróleos, S.A.U. (CEPSA; Spanish Petroleum Company) is a Spanish multinational oil and gas company. It operates in several European countries as well as in Algeria, Canada, Morocco, Brazil, and Panama. The company currently produces around 260,000 barrels per day (41,000 m3/d) and has a refining capacity in three refineries of 21 million tonnes/year.
In November 2013, the firm agreed to buy Coastal Energy Co for around $2.21 billion.
- Cespa. "Cespa company information".
- Sakthi Prasad (19 November 2013). "Spain's Cepsa to buy Coastal Energy in deal worth $2.2 billion". Reuters.
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