Refining
We transform crude oil and various alternative raw materials into value-added
products, such as fuels, advanced biofuels, and carbon-neutral materials. In addition, we have among
our priorities the production of renewable hydrogen, which will be key to decarbonizing various
sectors.
Chemicals
We produce and sell a wide variety of petrochemical products, which are used to
manufacture everyday objects that improve the quality of life, well-being, and safety of people and
are found in almost all industrial segments.
LPG
We distribute and sell liquefied petroleum gas in Spain, Portugal, and France. We do
so in different formats: bottled, in bulk, and AutoGas.
Low-carbon power generation
We have low-carbon power generation projects (hydroelectric plants, combined cycle
plants, cogeneration plants, wind and PV farms) and we are building new renewable assets to increase
our capacity.
Electricity and gas supply
We supply low-carbon gas and electricity in Spain and Portugal, offering our customers
cutting-edge digital solutions and energy management initiatives such as self-consumption and
distributed generation.
Lubricants, Aviation, Asphalts, and Specialized Products
We develop, produce, and market lubricants, aviation fuel, oil-based specialized
products, and bitumen for asphalts in over 90 countries.
Trading
We transport the hydrocarbons produced to supply raw materials to our refineries or
sell them on international markets. We also export surplus production from our industrial complexes
that is not consumed in the domestic market.
Production
We extract hydrocarbons from the oil field and then sell the oil and gas. We also
carry out maintenance, control, and transport activities leveraged on artificial intelligence
technologies, adhering to the same sustainability and safety policies as in the previous stages.
Development
We drill wells, build collection systems and processing plants, and evacuation and
transport systems, always under policies of sustainability, safety, and transparency that guarantee
the proper development of the project.
Exploration
Following the acquisition of a new mining domain, we carry out geological and
geophysical work, environmental impact studies, and exploratory drilling to assess its potential, a
process in which the latest digital technologies are applied in analyzing information.
Wholesale gas supply and sale
We sell natural gas in North America, where we have an LNG regasification plant in
Canada. We also sell LNG and natural gas to wholesale customers in Spain.
Mobility
We have the largest network of service stations where we offer customers multi-energy
solutions linked to the Waylet app. We have been pioneers in the incorporation of renewable fuels
and very soon we will offer renewable hydrogen for mobility. We have one of the most relevant
networks of electric charging points in Spain and we are a leader in AutoGas.
Low-carbon geological solutions
We optimize subsoil resources associated with geothermal energy, CO2
storage, and renewable hydrogen as a tool for the company's decarbonization, generating value in a
growing market.