Concept in Definition ABC

This company is dedicated to the sector of Energy and today it is one of the most powerful international companies dedicated to the extraction of petroleum, petrochemical products, and natural and liquefied gas. Its initials correspond to the following name: Refinerías de Petróleo de Escombreras, SA.

Areas of operation

The Repsol Group focuses on three large blocks of activities: the search for new energy resources, the production of energy and the commercialization.

The energy sector is looking for new solutions so that polluting emissions are less and less harmful to the environment. At Repsol, research is being carried out on alternative energies, such as wind turbine technologies, biofuels or the wind power.

In the field of energy production, the company focuses on the following products: paraffin for the rubber industry or the paper industry, mixing of oils and additives for the automotive industry and, logically, production of barrels of oil (in 2017 the record figure of 715,000 barrels was reached per day).

Its products are marketed mainly in service areas (Repsol has around 5,000 gas stations in Spain alone). In recent years one of its products, green coke fuel, is sold in more than 20 countries.

Other data of interest

It is a Spanish company officially founded in 1987, although historically it comes from a previous company, CAMPSA. Today its products are present in more than eighty countries. Is anonymous society It is included in the IBEX 35, that is, the stock index of the Spanish stock market. The current logo of the company represents the fusion of the sea, the sky and the sun and was designed by the studio of advertising Spanish Cruz Novillo. In 2017 the company was considered the most advanced company in energy exploration and production (this award was given by Standar & Poors Global Platts).

Like other large multinationals, Repsol is a sponsor of the world of sport

Sports sponsorship is a strategy widespread throughout the world. Athletes are social references and transmit values ​​to the whole of society. In this sense, the company maintains an alliance with Honda and has its own brand in Moto GP competitions.

The Repsol Honda team has achieved great triumphs in recent years. With this commercial strategy, a fundamental idea is transmitted: Repsol is committed to innovation, quality and success.

Photo: Fotolia - Arkela