Global
The 2024-2027 strategic update includes investments of €16-19 billion, of which more than 35% will be allocated to low-carbon initiatives.
Latest investments and divestments
We join forces with Stonepeak
We are the first partner in a portfolio of renewable assets in the United States, with a 46.3% stake in a 777 MW solar and storage portfolio.
We invest in new production line (only available in Spanish)
We have invested 2.5 million euros in our Palencia factory for the manufacturing of paraffin beads, boosting innovation, sustainability, and economic development.
We expand our presence in Asia
We have finalized the purchase agreement to acquire a 40% stake in Unioil Lubricants, Inc. (ULI), a company that will produce and distribute our lubricants in the Philippines.
See the previous Strategic plan