Member access

4-Traders Homepage  >  Shares  >  Mercato Continuo Espanol  >  Repsol SA    REP   ES0173516115

REPSOL SA (REP)

99
Real-time Quote. Real-time Tradegate - 04/16 06:22:34 am
18.793 EUR   +0.87%
1h ago REPSOL : Hired More Than A Thousand New Employees In 2013
04/04 REPSOL : Spaniard's to Start Multi-Million Dollar Drilling Offshore
04/03 REPSOL : to Start Drilling in April
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Repsol Chairman: YPF Expropriation Seeks To Cover Argentina Crisis

04/17/2012 | 04:53am US/Eastern
Recommend:
0

The chairman of Spanish flagship energy firm Repsol YPF SA (>> Repsol YPF SA) blasted Argentina's decision to expropriate local unit YPF SA (YPF), describing the government's move as part of an effort to cover the rapid deterioration of the country's economy and an unsustainable energy policy.

Argentina's government forcefully intervened in YPF Monday and vowed to pass a law expropriating 51% of the company that accounts for more than half of Repsol's daily hydrocarbons output. Repsol has a 57.4% stake in YPF.

Repsol Chairman Antonio Brufau said at a press conference Tuesday that the Argentine government sought to lower the value of YPF shares before its formal expropriation, announced Monday.

"We will seek full compensation for YPF," Brufau said.

-By Ilan Brat, The Wall Street Journal, +34-91-395-8125, ilan.brat@wsj.com

Stocks mentioned in the article : Repsol YPF SA
Recommend :
0
React to this article
Latest news on REPSOL SA
1h ago REPSOL : Hired More Than A Thousand New Employees In 2013
04/04 REPSOL : Spaniard's to Start Multi-Million Dollar Drilling Offshore
04/03 REPSOL : to Start Drilling in April
04/01DJREPSOL : Begins Operations at Peru Gas Field
04/01 REPSOL : Spain's Repsol ramps up gas production at field in Peru
04/01 REPSOL : starts gas production at the Kinteroni field in Peru
03/31 REPSOL : starts gas production at the Kinteroni field in Peru
03/30 CREDIT MARKETS OPEN TO ARGENTINA FOR : ministry
03/30 REPSOL : shareholders approve $5 billion settlement
03/28 REPSOL : EFE News Briefs for Friday, March 28
Advertisement
Chart
Duration : Period :
Repsol SA Technical Analysis Chart | REP | ES0173516115 | 4-Traders
Income Statement Evolution
Repsol SA : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF