Repsol S.A.
Profile
Repsol is a fossil fuel exploration company that evolved from a Spanish state venture that was set up in the 1920s. It acquired oil fields and refineries in South America in the 1990s by taking advantage of the wave of privatizations of state-owned oil companies, pushed by the World Bank and the International Monetary Fund, notably of Yacimientos Petrolíferos Fiscales (YPF) in Argentina. Repsol-YPF has been accused of trampling on the rights of the Lonko Purran community of Mapuche people in the Cerro Bandera oil field in Argentina; as well as the Kugapakori, Machiguenga, Nahua and Yine people of the Urubamba River who are impacted by the Camisea Gas Project in Peru.
Oil and gas exploration and production, LNG trading and transportation, Oil refining, Petrochemistry
Violations
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| environment-related offenses | $130,153,574 | 9 |
(May 8, 2021)
Stories
Spain: Indigenous Brazilians protest oil pollution in front of Repsol HQ in Madrid (VIDEO)
Activism
Spanish unions announce strike at Repsol
IndustriALL Global Union | December 1, 2020
The joint union committee announced strike action from December 9 to 12 and from December 21 to January 9, 2021, after the company refused to negotiate.
Indigenous climate activists stage protest against fossil fuels in Spain
Reuters | December 8, 2019
A group of protesters representing Brazilian indigenous tribes staged a protest on Sunday in front of the headquarters of Spanish energy company, Repsol, in Spain's capital, Madrid, calling for an end to oil drilling and exploration off the coast of Brazil.
Peru: Repsol freezes power plant construction works in the Amazon following community protests
Business and Human Rights Resource Center | January 17, 2017
Spanish energy multinational Repsol put a halt to construction works for a gas compressor plant in the Peruvian Amazon until 2019, due to protests from an indigenous community that owns the rights to the land.
Campaigning against oil exploration near the Canary islands.
The Local | December 14, 2014
Protesters plunged half-naked into the icy sea and unfurled banners Saturday to try to stop oil prospecting near Spain's Canary Islands, a major tourist destination.
Greenpeace and Junta support flotilla protest against Repsol fracking plans
Jacqueline Fanchini | The Olive Press | October 15, 2014
A Flotilla of boats protesting plans for a fracking survey on the Costa Del Sol has been backed by Greenpeace and the Junta.
- 350.org
- IndustriALL Global Union
- Censat Agua Viva
- Canarias dice NO! a las Petroleras
- Oil Change International
- Corporate Watch
- EarthRights International
- EarthWorks
- Environmental Rights Action, Friends of the Earth Nigeria
- Friends of the Earth Europe
- Friends of the Earth International
- Greenpeace
- International Federation of Chemical, Energy, Mine and General Workers’ Unions
- Pacific Environment
- Publish What You Pay
- American Friends Service Committe: Investigate
- Center for Health, Environment & Justice
- Safer Chemicals, Healthy Families
- Union of Concerned Scientists
& Lawsuits
Repsol agrees $5bn Argentina compensation
BBC | February 26, 2014
Spanish oil company Repsol has agreed a $5bn (£3bn) settlement with Argentina over the seizure of its assets there.
Repsol fined for anti-competitive practices.
Business & Human Rights Resource Center | September 25, 2009
The suit argues that the government did not consult with local people before giving the companies permission to work there, as is required under international law, and oil exploration would violate local peoples’ fundamental human rights to ‘enjoy a balanced environment’.
Ecuador Group Files Lawsuit Against Repsol
Amazon Watch | May 15, 2001
Environmental, human-rights and Indians groups filed a lawsuit with the Constitutional Court Tuesday to stop Repsol-YPF from building a new oil pipeline.
Judge Approves $172 Million Settlement in Refinery Blast
AP News | October 20, 1993
A federal judge on Wednesday approved a $172 million agreement settling damage claims from a 1988 explosion at Shell Oil Co.’s refinery in Norco, La.
& Relations
Repsol Accused of Human Rights Violations
CSR Wire | July 24, 2009
International aid agency Oxfam has accused Repsol YPF of violating the human rights of South American indigenous tribes.
Financials
Note: Most recent list is not always the most complete list.
- Repsol Subsidiaries (via U.S. SEC 2018)
- Repsol Subsidiaries (via U.S. SEC 2006)
- Repsol Subsidiaries (via U.S. SEC 2005)
Croctail Subsidiary Tool using the CorpWatch API - This API uses automated parsers to extract the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the SEC.
Click here for the latest list
Political Influence
OpenSecrets.org Profile of Repsol
Repsol to Drill for Oil in Amazon Rainforest in Peru
Published by The Guardian | David Hill | July 1, 2013
Repsol has been given the go-ahead by Peru's ministry of energy and mines (MEM) to explore for oil in one "protected" and one proposed reserve in the north of the country in the remote Amazon rainforest bordering Ecuador.
Mediterranean Reefs Will Be Destroyed Upon Repsol's Prospecting
Published by Oceana | July 21, 2011
Information provided by Repsol Investigaciones Petrolíferas, S. A. (RIPSA, Repsol’s Oil Investigation unit), which is promoting the drilling of the seabed in front of Spain’s Costa del Sol, and the Spanish Ministry for the Environment, does not reflect the reality of the habitats that will be damaged.
Repsol: Another Petroleum Company in Ancestral U'wa Land
Published by Amazon Watch | October 10, 2001
We are calling the attention of groups that support the U'wa people. From information from ECOPETROL and the Ministry of the Environment, we can confirm that the Colombian petroleum company, Ecopetrol, has two contracts in association with the Spanish petroleum company REPSOL, to explore and drill in U'wa ancestral land.