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March 06, 2015 9:56 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Compañía Española de Petróleos, S.A.U.

Company Overview

Compañía Española de Petróleos, S.A.U. operates as an integrated energy company in the oil and gas sector in Spain and internationally. It engages in the exploration, development, and production of crude oil and natural gas principally in on-shore oilfields in Algeria and Colombia; refining and production of oil products, such as diesel, gasoline, fuel-oil, kerosene, liquefied petroleum gas, and other products; and marketing of liquefied petroleum gases, marine fuels, asphalts, and lubricants through sales network, as well as through a network of agents and distributors. The company also manufactures, distributes, and sells basic petrochemicals, petrochemical intermediates, and chemical prod...

Torre CEP SA Paseo de la Castellana

Madrid,  28046


Founded in 1929

11,069 Employees


34 91 337 60 00


34 91 337 62 25

Key Executives for Compañía Española de Petróleos, S.A.U.

Vice Chairman, Chief Executive Officer and Vice Chairman of Executive Committee
Chief Financial Officer and Director
Chief Operating Officer
Senior Vice President of Exploration, Production, Natural Gas & Corporate Management
Senior Vice President of Petrochemicals
Compensation as of Fiscal Year 2014.

Compañía Española de Petróleos, S.A.U. Key Developments

CEPSA Is Willing To Sell 'Non Strategic' Operations

Compañía Española de Petróleos, S.A.U. (CEPSA) is willing to sell its purified terephthalic acid (PTA) and polyethylene terephthalate (PET) divisions in order to concentrate on other sectors where CEPSA has a stronger position, a spokesperson said on January 28, 2015. It confirmed CEPSA is in conversations with several other firms to sell those assets but negotiations are at an early stage. "Petrochemicals is an industry in which CEPSA wants to expand, but just in those sectors in which we are leaders or one of the leaders. Hence, we are interested in selling those parts of the petrochemical division without a strategic importance for the company," the spokesperson said. It added conversations are taking place with several companies to divest those assets but CEPSA would always make sure the potential buyers have a "sustainable and solvent" project for the facilities to be sold. The spokesperson added CEPSA will focus in those petrochemicals in which it already occupies a leading position, mentioning phenol and acetone.

Compania Espanola de Petroleos SA Wins EUR 199,000 Deal to Supply Diesel to EMT Madrid

Compania Espanola de Petroleos SA (CEPSA) has won a EUR 199,000 (USD 230,000) diesel supply deal from Madrid's Empresa Municipal de Transportes de Madrid (EMT Madrid). The final value of the contract does not include VAT. CEPSA won the auction placing the lowest price.

Compañía Española de Petróleos, S.A.U. Collaborates with Montealegre to Market Lubricants in Paraguay

Compania Espanola de Petroleos, SAU has collaborated with Montealegre to market its lubricants for cars, ships, and industrial vehicles. With the start of this operation, CEPSA is now present in eight countries in South America, whether through commercial activities or through the presence of its own industrial facilities.

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