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Sociedad Anónima Unipersonal | |
Industry | Petroleum |
Founded | Madrid, Spain (September 26, 1929 ) |
Headquarters | Madrid , Spain |
Area served | Worldwide |
Key people | Suhail Al Mazroui, Chairman Pedro Miró Roig, CEO [1] |
Products | Petroleum Natural gas Motor fuels Aviation fuels |
Services | Service stations |
Revenue | |
Total assets | |
Total equity | |
Owners | Mubadala Investment Company (100,00%) (Based in United Arab Emirates) |
Number of employees | 9,823 (2018) |
Website | www |
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, Colombia, 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.
Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west and the Mediterranean Sea to the south. It comprises the westernmost part of Eurasia.
Algeria, officially the People's Democratic Republic of Algeria, is a country in the Maghreb region of North Africa. The capital and most populous city is Algiers, located in the far north of the country on the Mediterranean coast. With an area of 2,381,741 square kilometres (919,595 sq mi), Algeria is the tenth-largest country in the world, and the largest in Africa. Algeria is bordered to the northeast by Tunisia, to the east by Libya, to the west by Morocco, to the southwest by the Western Saharan territory, Mauritania, and Mali, to the southeast by Niger, and to the north by the Mediterranean Sea. The country is a semi-presidential republic consisting of 48 provinces and 1,541 communes (counties). It has the highest human development index of all non-island African countries.
Canada is a country in the northern part of North America. Its ten provinces and three territories extend from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres, making it the world's second-largest country by total area. Canada's southern border with the United States is the world's longest bi-national land border. Its capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. As a whole, Canada is sparsely populated, the majority of its land area being dominated by forest and tundra. Consequently, its population is highly urbanized, with over 80 percent of its inhabitants concentrated in large and medium-sized cities, many near the southern border. Canada's climate varies widely across its vast area, ranging from arctic weather in the north, to hot summers in the southern regions, with four distinct seasons.
Cepsa was founded in 1929 as a private company led by Francisco Recasens, with its first refinery located at Tenerife in the Canary Islands. Because of the CAMPSA state monopoly of fuel distribution, Cepsa sold its production to that company. It expanded to lubricant production in 1950 and petrochemical products in 1955. In 1964 it opened a factory in Portugal, and in 1967 it added a second refinery at San Roque de Cádiz. After relaxations of the state monopoly, Cepsa bought a portion of Campsa petrol stations in 1992.
In 1988, Abu Dhabi's International Petroleum Investment Company (IPIC) bought a 10% stake of Cepsa. Later Elf Aquitaine bought a 20% stake, and Cepsa became a publicly traded company in 1989. Cepsa bought a third refinery in Huelva in 1991, and entered the liquefied petroleum gas market in 1998. The company expanded to the United Kingdom, Netherlands, Canada, Algeria, Brazil, Colombia and Peru. In 2011 IPIC bought the full company for 267 million euros. [3]
Abu Dhabi is the capital and the second most populous city of the United Arab Emirates, and also capital of the Emirate of Abu Dhabi, the largest of the UAE's seven emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western coast. The city of Abu Dhabi has an estimated population of 1.8 million in 2016.
The International Petroleum Investment Company (IPIC) was established by the Government of Abu Dhabi pursuant to an Emiri Decree in 1984 with a mandate to invest globally in energy and energy related industries. The Government owns 100 percent of IPIC and appoints all the members of its board of directors. Over its history, IPIC has been supported by equity contributions from the Government of Abu Dhabi.
Elf Aquitaine was a French oil company which merged with TotalFina to form TotalFinaElf. The new company changed its name to Total in 2003. Elf has been maintained as a major brand of Total.
In November 2013, the firm agreed to buy Coastal Energy Co for around $2.21 billion. [4]
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.
Formula One is the highest class of single-seater auto racing sanctioned by the Fédération Internationale de l'Automobile (FIA) and owned by the Formula One Group. The FIA Formula One World Championship has been one of the premier forms of racing around the world since its inaugural season in 1950. The word "formula" in the name refers to the set of rules to which all participants' cars must conform. A Formula One season consists of a series of races, known as Grands Prix, which take place worldwide on purpose-built circuits and on public roads.
YPF S.A. is a vertically integrated Argentine energy company, engaged in oil and gas exploration and production, and the transportation, refining, and marketing of gas and petroleum products.
Total S.A. is a French multinational integrated oil and gas company founded in 1924 and one of the seven "Supermajor" oil companies in the world. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. Total is also a large scale chemicals manufacturer.
Repsol S.A. is an energy company based in Madrid, Spain. It carries out upstream and downstream activities throughout the entire world. It has more than 24,000 employees worldwide. It is vertically integrated and operates in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading.
OMV is an Austrian integrated oil and gas company which is headquartered in Vienna, Austria. The company is listed on the Vienna Stock Exchange.
China Petroleum & Chemical Corporation (中国石油化工股份有限公司), or Sinopec, is a Chinese oil and gas enterprise based in Beijing, China. It is listed in Hong Kong and also trades in Shanghai and New York.
BP Canada Energy Group ULC, is a Canadian oil and gas company headquartered in Calgary, Alberta, and a subsidiary of BP plc.
Sonatrach (Arabic:سوناطراك) is an Algerian government-owned company formed to explore the hydrocarbon resources of the country. It has some concessions in Libya, Mauritania, Peru, Yemen and Venezuela. Its diversified activities cover all aspects of production: exploration, extraction, transport, and refining. It has diversified into petrochemistry and the desalination of seawater.
Rompetrol is of KMG International of Romanian origin, initially as a company representative of the Romanian oil and gas industry on international level, becoming later an international oil group with operations in 12 countries, known as The Rompetrol Group N.V.
Petróleo Brasileiro S.A. — Petrobras, more commonly known as simply Petrobras, is a semi-public Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras.
Compañía Arrendataria del Monopolio del Petróleo, S.A. (Campsa) was the state-owned petroleum products company of Spain. Created in the 1920s during General Primo de Rivera's dictatorship, it was dissolved in 1992 owing to the demands of the European Union. Its assets were distributed to the largest private petroleum companies in the Spanish market at the time, which were mainly Repsol, Cepsa and BP. The rights to the Campsa brand were given to Repsol.
Talisman Energy Inc. was a Canadian multinational oil and gas exploration and production company headquartered in Calgary, Alberta. It was one of Canada's largest independent oil and gas companies, and was formerly known as BP Canada Ltd. Prior to the renaming, British Petroleum sold off its 57% stake in the company to the public.
Khalifa Point is a small town in located in Lasbela District, Balochistan, Pakistan.
Oscar Sherman Wyatt, Jr. is an American businessman and self made millionaire. He was the founder of Coastal Corporation and a decorated bomber pilot in World War II. In 2007 the U.S. federal court in Manhattan tried him for illegally sending payments to Iraq under the Oil-for-Food Program.
The Vitol Group is a British energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Though physical trading, logistics and distribution are at the core of the business, these are complemented by refining, shipping, terminals, exploration and production, power generation, mining and retail businesses. Vitol has 40 offices worldwide and its largest operations are in Geneva, Houston, London, and Singapore. With revenues of $152 billion in 2016, it is the largest independent energy trader in the world, and would rank eighth on the Fortune Global 500 list. Because Vitol does not publish its profits widely, much like most of its competitors in commodity trading, it is largely excluded from rankings. But the company does provide financial information to its lenders and some energy groups with which it trades. The company ships more than 350 million tonnes of crude oil per year and controls 250 supertankers and other vessels to move it around the world. On average it handles more than 7 million barrels a day of oil and products - roughly equivalent to the daily consumption of Japan - the world's third largest oil consumer after the United States and China.
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Parco (Khalifa) Coastal Refinery is a proposed oil refinery in Khalifa Point in Lasbela District, Balochistan, Pakistan. Bosicor Oil Refinery and HUBCO power will be its major neighbouring industries. The refinery site is to be located at Hub, Balochistan, near Gaddani coastal area. It covers 1,800 acres (7.3 km2). The project is expected to cost US$6 billion. According to media sources, it will be the largest single foreign direct investment ever made in Pakistan.
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