Repsol
Repsol has regained control of its operations in Venezuela and has agreed conditions for further production
Repsol's Venezuelan production is currently around 45,000 barrels of crude oil, especially in the Petroquiriquire oil field. The company is prepared to increase gross oil production by 50% over a 12-month period.
Ione Belarra called Josu Jon Imaz "scoundrel."
In the context of the Iranian war, attention was drawn today to the words used by Podemos's Secretary General , Ione Belarra, against Repsol's CEO, Josu Jon Imaz: "Let this war be paid for by Josu Jon Imaz, who went infamously to Donald Trump."
Repsol has earned 8.1% more in 2025, to €1,899 million, and has raised its 2026 dividend
The company reported on Thursday to the National Securities and Exchange Commission (CNMV) that the adjusted net net result, which specifically measures business progress, fell 15.1% in 2025 from the previous year to 2,568 million.
The first ship to reach Europe since Trump took control of Venezuelan oil is in the port of Bilbao
It's been a month and six days since the current CEO of Repsol , Josu Jon Imaz, entered the White House with representatives of other oil companies to relaunch the Venezuelan oil industry , the first Caribbean oil tanker since Trump took control of that industry has arrived in the last few hours in Bilbao.
Trump has confirmed to oil companies that they must invest $100 billion in Venezuela
Repsol's leader and former PNV president, Josu Jon Imaz, has thanked the US president for "opening the door to a better Venezuela," and has shown his willingness to triple production.
Petronor's works council has denounced the company's "deplorable" situation and threatened "pressure measures."
Staff representatives have stated that the agreements reached with the management have not been complied with and have stressed that the state of the facilities at the Muskiz refinery is "regrettable".
Repsol has earned $603 million until June, 63% less, due to the economic context and the blackout
The company evaluates taking legal action when the responsibilities related to the April 28 blackout are officially determined.