REPYY News and Press, Repsol S.A. ADR From 04/26/22

The Interior Department said Monday that it plans to block oil and gas leasing on ~11m acres of Alaska's North Slope which was set aside for energy development decades ago. The move comes after President Trump increased available acreage in the region; though Trump's move followed restriction...

Shell (NYSE:SHEL), TotalEnergies (TTE) and Repsol (OTCQX:REPYY) beat other oil and gas majors in managing climate risk and shaping business models for a low-carbon world, according to a new report by BloombergNEF, which compared 41 energy majors on their preparedness for a net-zero world. Eur...

Jefferies analyst Giacomo Romeo upgraded Repsol (OTCQX:REPYY) to buy Wednesday, citing an improved outlook for European refining margins and valuation. In the same note, Total (TTE) was downgraded to hold, as Russian upstream exposure and French political risk outweigh the improved macro envi...

During a presentation at the FT Commodities Summit in Switzerland, heads from Commodity trading houses Gunvor and Trafigura said Europe should expect "stock outs" of diesel fuel. Europe relies on Russian diesel imports for ~15% of supply, and recent self-sanctioning appears to be impacti...

Repsol is an European business operator focused on the exploration, production, and transportation of oil and natural gas as well as renewable energy projects. In my view, if management continues to accelerate capital expenditures in growing markets like renewables and the chemical in...

Repsol (OTCQX:REPYY) is considering selling 170k acres in the Duverney, in a deal that could fetch C$750m, according to sources at Reuters. Repsol also owns upstream assets in the Greater Edson and Chauvin Basins in Alberta; total Canadian production is ~58kb/d, or ~10% of Repsol's globa...

Peru's government said it suspended Repsol's (OTCQX:REPYF, OTCQX:REPYY) oil-loading and offloading operations at the La Pampilla refinery, saying the company has not provided enough guarantees that it could prevent future oil spills after the recent spill of more than 10K barrels caused wides...

Boston Harbor is home to the Nation's longest-operating LNG import facility, and as the corridor has been unable to expand pipeline capacity fast enough to keep up with natural gas demand growth, Massachusetts and neighboring States have imported liquified natural gas from aboard; in 2020 Bos...

Repsol (OTCQX:REPYY) announced the sale of the Company's 49% stake in a Russian JV with ~20kd/d of production. No terms were disclosed; however, this follows Repsol's strategic initiatives shared earlier in the year, whereby the Company intends to reduce its footprint from 25 to 14 count...

Jefferies energy team out with a 2022 outlook note, and unlike peers at JPMorgan and Goldman Sachs, Jefferies takes a bearish tact on oil into next year (NYSEARCA:USO) (CL1:COM) Jefferies sees OPEC+ flooding the oil market in 2022, leading to inventory builds and lower prices; currently, the ...