September 20, 2014 9:41 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Compañía Española de Petróleos, S.A.U.

Company Overview

Compañía Española de Petróleos, S.A.U. operates as an integrated energy company in the oil and gas sector in Spain and internationally. It engages in the exploration, development, and production of crude oil and natural gas principally in on-shore oilfields in Algeria and Colombia; refining and production of oil products, such as diesel, gasoline, fuel-oil, kerosene, and liquefied petroleum gas; and marketing of liquefied petroleum gases, asphalts, and lubricants through traditional sales channels, as well as through a network of agents and distributors. The company also manufactures, distributes, and sells basic petrochemicals, petrochemical intermediates, and chemical products; supplies ga...

Campo de las Naciones Avda. del Partenón 12

Madrid,  28042

Spain

Founded in 1929

11,743 Employees

Phone:

34 91 337 60 00

Fax:

34 91 337 62 25

Key Executives for Compañía Española de Petróleos, S.A.U.

Chairman Managing Director
Chief Financial Officer and Director
Senior Vice President of Exploration
Senior Vice President of Petrochemicals
Deputy Chief Operations Officer
Compensation as of Fiscal Year 2014.

Compañía Española de Petróleos, S.A.U. Key Developments

Santiago Bergareche Resigs as Member of the Board of Directors of Compania Espanola de Petroleos, S.A.U

Santiago Bergareche resigned as a member of the Board of Directors of Compania Espanola de Petroleos, S.A.U. Pedro Miro has been appointed Vice Chairman of the Board.

CEPSA Introduces its New XTAR Lubricants

CEPSA has introduced its new range of XTAR lubricants. This new selection of products represents a turnaround of the Company's commercial strategy, aimed at promoting its high-end synthetic products designed for cars, as well as highlighting their image by showcasing the technology used in their formulation. The specifications of the XTAR range of car lubricants have been approved for all vehicle types. They have the high performance demanded by the market, with an emphasis on efficiency, and they offer the advantage of reduced friction and fuel savings when compared to conventional lubricants.

Cepsa Expects to Open Phenol Plant in Shanghai, Scheduled for Completion in the Second Half of 2014

Cepsa expects to improve its petrochemicals output with the opening of a phenol plant in Shanghai, which is scheduled for completion in the second half of 2014.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 11, 2014
Cepsa Química China
Merger/Acquisition
January 28, 2014
Societat Catalana de Petrolis, S.A.
Merger/Acquisition
December 10, 2013
Compania Logistica de Hidrocarburos CLH SA
 

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