One of the largest energy companies, present in the entire value chain: exploration and production, transformation, development and commercialization of efficient, sustainable and competitive energy.
We are a multi-energy company operating around the globe. Our activities range from oil and gas exploration and production to refining as well as selling derived products and providing services for your everyday life, such as natural gas and electricity.
The people on our team represent our prime competitive advantage and guarantee the company's future. A flexible and committed team comprising over 25,000 employees, united by a shared vision and values.
Our facilities are a reflection of our values and company culture. Our smart buildings promote smooth communication and transparency between team members, while allowing them to be more efficient and versatile in their work.
Our brand reflects our efficient, modern, responsible, and transparent management style which characterizes our company. Moreover, it conveys our values and builds trust.
A global, integrated company with over 90 years of history seeking to supply society's energy needs.
At Repsol, we ensure integrity in the relationships the Company maintains with its suppliers and contractors. Our suppliers are a part of our team and working together enables us to continuously evolve.
We look for energy solutions that meet people's needs and safeguard their well-being. With our solid and diversified business undertakings, we stay one step ahead of the future.
Learn about our Company's annual performance in the area of sustainability.
Our priority is to minimize the environmental impact of our activities by optimizing water management, air emissions, waste management, and spill prevention and response, in addition to considering biodiversity a key element.
We work to be part of the solution to climate change. Our challenge: responding to the demand for energy both responsibly and sustainably.
Each and every one of our decisions aims to guarantee the safety of our workers, customers, users, and suppliers. We firmly believe that all accidents can be prevented, and we develop ever-improving prevention mechanisms.
Each and every one of the actions taken by the people who make up Repsol determine the present and the future of our company. Therefore, we train our employees in core values that must govern their behavior and communicate all of our actions in a way that's reliable, transparent, and verifiable.
We are committed to managing our tax affairs by applying good practices and acting transparently. We pay our taxes responsibly and efficiently, and we foster cooperation with governments, thus avoiding serious risks and unnecessary conflicts.
We make reasonable efforts to ensure that our activities do not have negative impact on human rights, and should they occur, we do everything we can to correct them. Moreover, we do everything within our power to prevent impacts directly related to the activities of our business relationships.
Sustainability is an essential part of our forward-looking vision and the shared commitment undertaken by every one of us at Repsol.
The Repsol Technology Lab is an example of one of the most cutting-edge private R&D models in Spain, based on open innovation, whose objective is to seek sustainable solutions to achieve a more efficient and competitive lower-carbon business.
Innovation is in our DNA. That's why we've taken on the ambitious challenge of transforming the energy sector through the passion of our professionals, people who question things to make them better.
We look for industrial startups that provide disruptive reliability and maintenance solutions, particularly those related to the prediction and detection of corrosion.
Innovation, open collaboration, and a connection with the entrepreneurial world within an environment designed for co-creation. Discover our Open Innovation program.
At Repsol, innovation is part of our DNA. That's why we support education in the technical science field in order to inspire future generations.
Soluciones energéticas 100% renovables: energía solar y electricidad para particulares, empresas y entidades públicas.
Global, integrated, sustainable, and present throughout the entire value chain. These are just some of the compelling attributes that make us as an attractive company.
Useful documents to follow the company's profitability and sustainability-related measures and initiatives.
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Repsol has launched Solify, a comprehensive self-generation solution for photovoltaic energy aimed at individual customers and businesses, providing 100% renewable energy, savings on the electricity bill and efficient digital management of consumption, thanks to the Repsol Smart Thermostat and its mobile app.
Generation and self-consumption of renewable energy is one of Repsol’s propositions for reducing its CO2 intensity and becoming a net zero emissions company by 2050. Repsol is transforming and diversifying its business to contribute to achieving the climate change objectives of the Paris Agreement and limiting the increase of global temperatures to less than two degrees centigrade.
Self-consumption offers unquestionable advantages: it reduces emissions and improves the efficiency of the electricity network by allowing unconsumed energy to be placed on the market. Solar energy is perfectly complemented by this self-supply solution, owing greatly to research and development in recent years of new technologies that have made the installation of solar panels more accessible while, at the same time, increasing their efficiency and cost-effectiveness.
With this launch, Repsol is reinforcing its strategy as a multi-energy supplier for all its customers in accordance with their needs. Solify is a “turnkey” product that includes everything from license management and the procedures for legalizing the installations, to the installation of the panels adhering to the highest quality and safety standards, as well as remote monitoring of the installation to ensure that it is always in perfect working condition.
It is a cost-effective solution, given that a compensation of 5 euro cents/kWh for the solar energy the owner produces, but does not consume, is added to the savings inherent in self-consumption. Furthermore, individual customers will receive €5/month for one year in Waylet, Repsol’s mobile payment app.
In addition to offering Solify to private individuals and small businesses, the company will gradually start to apply this self-consumption solution at its service stations and other facilities. To do so, it has launched a project to equip its stations with solar installations for self-supply of electricity that will make them more efficient and sustainable. The pilot phase of the project includes 30 installations distributed across the Spanish mainland, six of which—located in San Sebastián, Alicante, Albacete, Granada, Soria, and Teruel—are already in operation. This project will be expanded to other Repsol service stations in 2020.
The company is working to facilitate the evolution to an energy model with lower emissions by contributing solutions that improve efficiency, focusing on natural gas, generation of low-emissions electricity, new sustainable forms of mobility, and self-consumption, among others.
Since the creation, just one year ago, of its electricity and gas subsidiary, Repsol has become a relevant player, with nearly one million electricity and gas customers. They benefit from an attractive and unique offer in the market that includes cutting-edge digital solutions and exclusive advantages, such as discounts at the over 3,500 Repsol service stations in Spain. Additionally, the electricity sold by the company is certified as 100% low-emissions.
To advance towards decarbonization, Repsol is promoting a variety of projects associated with the energy transition. Accordingly, the company recently increased its target for low-carbon electricity generation capacity by 3,000 MW, to 7,500 MW by 2025, and it has started to expand into other markets to become a leading international player in renewable energies.
Repsol currently has 2,952 MW in operation and another 1,083 MW under development, added to which the Board of Directors has approved new investments to incorporate and construct an additional 1,600 MW. With these projects, the company’s low-carbon generation portfolio totals 5,600 MW.