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 and Acteco will implement a project to increase the capacity for production of high quality recycled polyolefins at Acteco’s plant in Ibi, Alicante (Spain). The recycled product from this plant will be included in the Repsol Reciclex range, designed for high-value applications and those with high technical requirements.
Thanks to this agreement, Repsol will benefit from Acteco’s more than 25 years of experience in the collection, processing, and mechanical recycling of plastics.
Additionally, it will contribute to the achievement of the objective, announced by Repsol at the end of 2019, to become a net zero emissions company by 2050. Repsol was the first company in its sector to set this ambitious goal, and to reach it the Chemicals business is committed to the efficiency in its industrial processes and the circular economy. One of the ambitions in this area, which is driven by the project announced today, is to recycle the equivalent of 20% of its polyolefin production by 2030.
The partnership with Acteco is one of more than 200 circular economy initiatives that Repsol has launched to contribute to its carbon intensity reduction objectives. Both entities have been working together since 2018 to promote new circular economy models through the recovery of polymers after the end of their useful lives and their re-incorporation into new high added-value products in sectors such as automotive, healthcare, construction and infrastructures, or packaging. This way, it is possible to reduce the amount of waste that ends up in landfills and decrease the consumption of raw materials used for manufacture of new products.
This new agreement reinforces the partnership and consolidates the commitment of both companies to the recycling of high quality polyethylene and polypropylene from domestic and industrial plastic waste.
In the words of José Luis Bernal, Executive Director of Repsol Chemicals, “this is a strategic alliance that allows us to collaborate in boosting the circular economy and solutions for decarbonization, to reach our commitments regarding recycled plastics and offer our customers a complete range of high quality circular polyolefins that will allow them to increase the amount of recycled materials in their products”.
Jorge Ramis, Managing Director of Acteco, says that "thanks to this agreement we will provide a solution for the large number of plastic products that currently cannot be recycled, thus offering circular models to sectors where plastic is an essential material for the development of the products.”
Repsol has had a circular economy strategy since 2016. It applies throughout the entire value chain, from the sourcing of raw materials to the commercialization of products and services. The company currently runs more than 200 circular economy projects which it is implementing in collaboration with over 180 strategic partner companies, organisations, and institutions. These alliances allow for the necessary synergies to be created to accelerate the implementation of circular solutions. Some of these initiatives include obtaining circular polyolefins through the chemical recycling of low quality plastics or the development of a technology for the recycling of polyurethane foam used in cushions and furniture.