Compañía Española de Petróleos

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Compañía Española de Petróleos, S.A.U.
Type Sociedad Anónima Unipersonal
Industry Petroleum
Founded Madrid, Spain (September 26, 1929 (1929-09-26))
Headquarters Madrid, Spain
Area served Nationwide
Key people Khadem Al Qubaisi, President
Santiago Bergareche Busquet, CEO
Products Petroleum
Natural gas
Motor fuels
Aviation fuels
Services Service stations
Revenue Increase €21.228 billion (2007)
Owner(s) International Petroleum Investment Company (100%)
Employees 9,000 (2007)
Website www.cepsa.com

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.

Recent news[edit]

In 2011 CEPSA was bought by Abu Dhabi's International Petroleum Investment Company for 267 million euros.[1]

In November 2013, the firm agreed to buy Coastal Energy Co for around $2.21 billion.[2]

Sponsorship[edit]

Cepsa has sponsored the Spanish national football team since 2007 and since 2011 is one of the main partners of the Toro Rosso Formula One racing team.

External links[edit]

References[edit]