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May 05, 2015 4:45 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.

Chief Executive Officer, Vice Chairman, Director, Chairman of Management Committee, Chairman of Ethics Committee, Chairman of Investments Committee and Chairman of Risks Committee
Chief Financial Officer, Director, Member of Management Committee, Member of Ethics Committee, Member of Investments Committee and Member of Risks Committee
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

Compania Espanola de Petroleos Announces Operation of New Paraffin Molding Plant in Spain

Compania Espanola de Petroleos, SAU has announced the operation of its new paraffin molding plant in Spain. The plant meets the requirements of the Industrial Health Registry and Cepsa's 40 years of experience have helped it to receive the ISO 22000 Food Safety and FSSC 22000 Kosher and Halal certifications.

Compania Espanola de Petroleos, S.A.U. Signs an Agreement with Relevo, S.A. to Market its Lubricants Range in Colombia

Compania Espanola de Petroleos, S.A.U., has signed an agreement with Relevo, S.A. to market its lubricants range in Colombia, for its expansion plans. Relevo distributes Cepsa lubricants for cars, motorcycles and industrial vehicles. The target for the alliance between the two companies is to reach a sales volume of 1,800 tonnes per year within five years. Cepsa has operated in Colombia since 2001 through its exploration and production activities, and strengthens its position in the country through this agreement by marketing the XTAR lubricants range, and Moto lubricant products for motorbikes given the large motorbike market in the country.

Indorama Reportedly In Talks To Buy Plants In Spain

Indorama Ventures Public Company Limited (SET:IVL) is in advanced negotiations to buy an additional polyster materials facility from Compañía Española de Petróleos, S.A.U. and with International Petroleum Investment Company PJSC for acquisition of San Roque, Spain-based plant, Bloomberg reported citing people familiar with the matter. Richard Jones, Head of Investor Relations at Indorama Ventures Public Company Limited declined to comment. Representatives for Compañía Española de Petróleos, S.A.U. and International Petroleum Investment Company PJSC couldn’t be reached for comment and didn’t return calls and emails seeking comment.

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