We are an integrated company operating across the entire value chain. Activities include upstream, which involved the exploration and production of oil and gas in more than 40 countries with an exploration success rate well above the industry average. In downstream, we are leaders in Europe with products and services that meet the highest quality and safety standards. Our downstream business integrates refining, service stations, Liquefied Petroleum Gas, chemicals and new energies.
Our vision is to be a global energy company that improves the welfare of society and takes the lead in building a more sustainable future through the development of smart energy solutions. Our corporate values guide our strategy in achieving this goal.
We believe that technological innovation is the key to building a more efficient, secure, competitive and sustainable energy model. Our commitment in this area is on display at the Repsol Technology Center, a pioneering research center in Europe. There we promote R&D with investments of nearly 100 billion euros a year, supporting more than 400 researchers. We also have two additional innovation centers, one in Houston and the other in Rio de Janeiro.
Last updated: 17 March 2014