Repsol to invest over $9 billion in Upstream unit by 2020

Spanish oil company Repsol has updated its 2016-2020 Strategic Plan after achieving all the goals set out in the plan two years ahead of schedule, with an aim to invest 7.9 billion euros ($9.3B) in its Upstream unit by 2020.

Namely, between 2018 and 2020, Repsol plans to invest 15 billion euros: 53% in its Upstream unit (Exploration and Production) and 45% in Downstream (Refining, Chemicals, Marketing, Lubricants, Trading, LPG, Gas & Power) and low-emissions assets.

Read more

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.