In a bold move of aggression on Saturday morning, Spanish Navy rigid-hulled inflatable boats repeatedly slammed into Greenpeace protesters off the Canary Islands. The activists were protesting against an offshore drilling campaign headed up by Repsol utilizing the Rowan Renaissance drillship. In the following video released by Greenpeace, an activist suffered a broken leg … [Read more...]
Repsol Gets Support for Drilling Campaign Off Canary Islands
By Todd White June 24 (Bloomberg) -- Repsol SA’s plans to explore for oil off the Spanish Canary Islands in a $10 billion project won backing from the nation’s Supreme Court. The justices rejected seven appeals against Repsol’s exploration permits, and sentence will be published in coming days, according to a court official who spoke on condition their name not be … [Read more...]
Repsol Considering $2 Billion LNG Export Facility on Canada’s East Coast
By Esteban Duarte and Rebecca Penty May 20 (Bloomberg) -- Repsol SA is considering building a $2 billion plant on Canada’s Atlantic coast to export natural gas, as Europe seeks to reduce its dependence on Russia for the fuel, a person familiar with the matter said. Spain’s biggest energy company would erect the facility at its existing Canaport LNG plant, which was … [Read more...]
Repsol To Expand Singapore Crude and Fuel Oil Trading
SINGAPORE, March 27 (Reuters) - Spanish oil group Repsol plans to expand its trading desk in Singapore as it looks to move more crude and fuel oil to Asia to meet growing demand, a company source said. The firm will hire one or two fuel oil traders by year-end to boost its current three-man crude and oil products team, said the source, who declined to be identified as he is … [Read more...]
Shell Expands LNG Portfolio in the Americas, Closes $4.4 Billion Asset Deal
(Bloomberg) -- Royal Dutch Shell Plc, the world’s largest supplier of liquefied natural gas, agreed to buy LNG assets from Repsol SA for $4.4 billion in cash to expand in Latin America and Spain. The deal, which helps the Spanish oil company avoid a credit-rating downgrade to junk, gets Shell export capacity in Peru as well as in Trinidad and Tobago, The Hague-based … [Read more...]