Energy solutions for today and tomorrow

Bringing you the energy you need at all times

We are a global multi-energy company leading the energy transition. We strive to drive the evolution towards a decarbonized energy model, and with this ambition in mind, we have set ourselves the goal of becoming a net zero emissions company by 2050.

At Repsol, we are present throughout the energy value chain.

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Refino

Refining

We transform crude oil and various alternative raw materials into value added products such as fuels, renewable fuels and circular materials. In addition, we have among our priorities the production of renewable hydrogen, which is predicted to be key to decarbonizing various sectors.

Química

Chemicals

We produce and market a wide variety of petrochemical products, which are used to manufacture everyday objects that improve people’s quality of life, well-being and safety and are found in almost all industrial segments.

GLP

LPG

We distribute and sell liquefied petroleum gas in Spain, Portugal and France. We do this in various formats: bottled, bulk and AutoGas.

Generación de electricidad de bajas emisiones

Low-emission electricity generation

Repsol has low-emission electricity generation projects (hydroelectric plants, combined cycles, cogeneration plants, wind and photovoltaic farms). It builds new renewable assets to increase their capacity.

Suministro de electricidad y gas

Retail supply of electricity and gas

We supply low-emission gas and electricity in Spain and Portugal by offering our customers cutting-edge digital solutions and energy management initiatives such as self consumption and distributed generation.

Lubricantes, Asfaltos y Especialidades

Lubricants, Asphalts, Aviation and Specialized products

We develop, produce and market lubricants, aviation fuels, asphalt bitumen and petroleum based specialties in more than 90 countries worldwide.

Trading

Trading

We supply crude oil, intermediates, chemical raw materials and lipid residues consumed by our industrial complexes and third parties and market petroleum products, renewable fuels and petrochemicals in international markets. We also manage maritime transport for the Group's activity and for third parties.

Producción

Production

We extract hydrocarbons from the reservoir to market and sell them. In addition, we carry out maintenance, control and transport work leveraged on artificial intelligence technologies and following the same sustainability and safety policies as in previous phases.

Desarrollo

Development

We drill wells, build collection systems and processing plants and evacuation and transport systems, under sustainability, safety and transparency policies for the proper development of the project.

Exploración

Exploration

After acquiring new acreage, we carry out geological and geophysical work, conduct environmental impact studies, and perform exploratory drilling to evaluate its potential, using cutting-edge digital technologies to analyze the information.

Suministro y comercialización mayorista de gas

Retail and wholesale supply of gas

We are engaged in the wholesale marketing and trading of natural gas in North America, where we have an LNG regasification plant in Canada. We also engage in the wholesale marketing and trading of LNG worldwide and natural gas in Spain and Portugal.

Movilidad

Mobility

We have the largest network of service stations in Spain, where we offer customers multi-energy solutions linked to the Waylet app. We introduce renewable fuels and we will soon be offering renewable hydrogen for mobility. We have one of the most important networks of electric charging points in Spain and we are a leader in AutoGas.

Soluciones geológicas bajas en carbono

Low-carbon geological solutions

We optimize subsoil resources associated with geothermal energy, CO2 storage and renewable hydrogen as a decarbonization tool for the company, generating value in a growing market.

Tech Lab exterior

The fight against climate change is in our DNA. That's why we were the first company in our sector to set the goal of becoming net zero by 2050. In order to achieve this, Repsol is transforming its operations by developing innovative projects related to the circular economy, renewable fuels, hydrogen, carbon capture and storage, and renewable energy.

Integrated business model

We have an integrated business model that ranges from oil and gas exploration and production to the commercialization of energy solutions for the home and mobility.

We develop our activity through four main business lines, achieving in 2024 an adjusted income of a total of 3.327 billion euros; 1.490 billion in Exploration and Production, 1.460 billion in the Industrial business, 659 million in Customer, 23 million in Low-Carbon Generation, and 259 million in Corporation and others.

Offshore oil rig

Our Upstream business encompasses the company's oil and natural gas exploration and production activities, which are always carried out following the strictest sustainability and safety criteria. Its activities include the business's entire value chain, from exploration to the commercial use of resources.

Refinery

We are leaders in Europe due to our high competitiveness and the quality of our assets in the industrial business. We have one of the most efficient refining systems on the continent, which transforms crude oil and various alternative raw materials into value-added products. In the field of chemicals, we are committed to more efficient industrial processes geared towards the circular economy of our Materials.

Repsol employee waits while a customer pays with the Waylet app

For Repsol, the customer is at the center of our strategy, which is why our objective is to meet all consumer energy needs, at home or on the move. We are increasing the presence of low-emission energies in our product and service portfolio, while relying on digitalization for the development of new commercial products and channels that will help us build a more personalized relationship with our customers.

Windfloat offshore wind platform

We have 12 hydropower plants, 2 combined gas cycles, 6 wind projects, and 7 solar projects. We also continue to develop renewable projects in Spain, Italy, Chile, and the United States. We thus plan to continue our international expansion to become a global operator with a generation capacity of between 9 - 10 GW by 2027 and 20 GW by 2030.