Repsol S.A.

  • Argentina's Congress approves $5B Repsol indemnity

    BUENOS AIRES, Argentina (AP) — Argentina is hoping to have an easier time attracting international investors to exploit its oil and gas fields now that lawmakers have agreed to pay $5 billion to the Spanish company Grupo Repsol for its controlling stake in the YPF oil company.

    Associated Press
    • Argentine Congress Approves $5 Billion Payment to Repsol for YPF

      Argentina’s lower house gave final approval to the government’s plan to pay Repsol SA (REP) $5 billion compensation for its expropriation of control of the Spanish company’s YPF SA unit in 2012. Argentina will issue as much as $6 billion in bonds to ensure that Madrid-based Repsol receives at least…

      Bloomberg
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