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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.

Cars driving on a road that surrounds a lake

Committed to a diversified energy mix to achieve climate neutrality

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 2023 an adjusted income of a total of 5.011 billion euros; 1.779 billion in Exploration and Production, 2.734 billion in the Industrial business, 614 million in Customer, 75 million in Low-Carbon Generation, and 191 million in Corporation and others.

Repsol today

25,000

Employees

20+

Countries with company assets

24

Million customers

90+

Countries where we sell our products

Picto de una casa con el símbolo de Repsol electricidad

2.3+

Million electricity and gas customers

6.6

Million tonnes of CO2 reduced from 2006 to 2023

Downstream and renewables

599,000

Boe/d average production

1 million+

Bbl/d refining capacity

7

Industrial complexes in Spain, Portugal, and Peru

Projects

In Spain, the USA, Chile, Italy, and Portugal

Picto de una casa con el símbolo de Repsol electricidad

~ 3 GW

Of installed renewable generation capacity

Innovation and technology

650+

Digitalization initiatives

300+

Circular economy initiatives

200+

Research partnerships worldwide through our Repsol Tech Lab

Lubricants and mobility

4,500+

Service stations in Spain, Portugal, Mexico, and Peru

400+

AutoGas supply points at service stations

1,900

Public fast-charging points already installed

4 million

LPG customers, leaders in Spain

Offshore oil rig

Upstream

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

Industrial

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.

Repsol employee waits while a customer pays with the Waylet app

Customer

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

Low-emissions businesses

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.

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