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Repsol first-half profits jump 24.1 percent to 2.1 billion euros

MADRID, July 31, 2008 (AFP) - Spain's top oil group, Repsol, reported Thursday that net profits during the first half of the year rose by 24.1 percent to 2.1 billion euros (3.3 billion dollars) as record high crude oil prices offset a drop in production.

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Repsol stock climbs on Brazil oil discovery

MADRID, April 15, 2008 (AFP) - Shares in Repsol YPF leapt almost 12 percent on the Madrid stock exchange Tuesday on news of the discovery of a huge oil field in Brazil in which the Spanish energy group holds a 25 percent stake.

Repsol stock had climbed 11.96 percent to 26.21 euros by 0730 GMT in a market that was up 1.35 percent.

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Ecuadorian president meets Repsol head to discuss oil contracts

MADRID, March 26, 2008 (AFP) - The head of Repsol, Spain's biggest oil group, met Wednesday with the president of Ecuador in Quito to advance talks on the renegotiation of oil contracts, the company said in a statement..

It was the first time that Ecuadorian President Rafael Correa has 'officially met the president of an international oil firm,' it said.

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Repsol annual profits edge up to 3.188 billion dollars

MADRID, Feb 28, 2008 (AFP) - Repsol, the biggest Spanish oil company, reported on Thursday that net profits for 2007 rose by 2.0 percent to 3.188 billion euros (4.813 billion dollars), and announced 32.8 billion euros in investments over the next five years.

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Repsol reports annual profits edge up to 3.188 billion euros

MADRID, Feb 28, 2008 (AFP) - Spain's top oil group, Repsol, reported on Thursday that net profits for 2007 rose by 2.0 percent to 3.188 billion euros (4.813 billion dollars), despite the sharp rise of the dollar against the euro.

The results were in line were analysts' expectations.

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Repsol unveils plans to spend 3.2 billion euros to update refinery

MADRID, Jan 8, 2008 (AFP) - Repsol, Spain's biggest oil firm, said Tuesday it planned to invest 3.2 billion euros (4.7 billion dollars) to double capacity at its refinery in Cartagena in southwestern Spain.

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Spain's Repsol sells 14.9 percent of YPF to Argentine businessman

MADRID, Dec 21, 2007 (AFP) - Repsol, Spain's biggest oil firm, announced Friday the sale of 14.9 percent of its Argentine affiliate YPF to Argentine businessman Enrique Eskenazi for 2.235 billion dollars (1.64 billion euros).

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Repsol profits slip on fall in oil price and of dollar

MADRID, July 26, 2007 (AFP) - Oil group Repsol reported on Thursday that net first-half profit fell by 4.3 percent owing to an easing of oil prices, the weak dollar and changes in operating contracts in South America.

The Spanish-Argentinian group said that net profit in the first half of the year totalled 1.706 billion euros (2.35 billion dollars), explaining: 'The currency effects on the net profits of Repsol YPF exceeded 100 million euros.'

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