Energy, sharp decline in profits for Repsol and E.on
The Spanish oil group closed the first three months of 2015 with a net profit down by 5,7% on the year, but better than expected - The German group recorded a 15% drop in profit to 1,01…
Repsol sells 5% of its capital to the Temasek fund for 1,04 billion euros
64,7 million shares sold at 16,01 euros each - The Spanish oil group aims to strengthen its balance sheet and liquidity, reducing its debt by more than half, to 2,2 billion euros - Temasek thus comes to hold …
Repsol sells gas assets to Shell and gains on the Stock Exchange
The news of the sale of the liquefied natural gas assets to Shell, for 6,7 billion dollars, pushes up the Repsol stock, which in the afternoon gains more than 2% in Madrid - For Bankia Bolsa the agreement reached is "very…
Argentina, green light from the Chamber to the nationalization of Repsol-Ypf
Victory with great pomp for Cristina Fernandez de Kirchner: 207 votes in favor of the expropriation of 51% of the Spanish company - Only 32 against.
Repsol Ypf, EU could file an appeal with the WTO
The European Commissioner, Karel de Gucht, has sent a letter to the Argentine government, threatening to present a case to the World Trade Organisation.
Argentina, even the Italians are starting to worry
President Cristina Kirchner's decision to nationalize the Spanish group Repsol's stake in the country's largest oil company scares large Italian companies including Telecom and Eni - Enel risks ending up in the same way as Repsol,…
Ypf, the EU misses the bilateral meeting with Argentina
Scheduled for tomorrow and the day after in Buenos Aires, but the European Commission decides to postpone it due to the new climate that has been created - And in the meantime Brussels is studying the options to put on the table to deal with the problem.
Argentina nationalizes Ypf: a déjà vu that scares Telecom and Tenaris
The Spanish Repsol, owner of 57% of Ypf, asks the Casa Rosada for compensation of over 10 billion dollars - Kirchner's decision "has broken the climate of confidence it maintained with Spain" - The Repsol stock…