Repso:Repsol YPF Oil The company is a worldwide integrated oil and gas chemical company, founded in 1987, which is engaged in the exploration and production, refining and sale of oil and natural gas, as well as the production and sale of chemical products and natural gas, and also engages in certain power generation activities.

Repsol YPF's oil and gas exploration and production activities are primarily overseas, spanning all continents of the world, primarily in Latin America, North Africa, the North Sea and the Middle East. At the end of 1999, the company had 4.2 billion barrels of oil equivalent (BOE) of proved oil and natural gas reserves and produced 1.004 million barrels of oil equivalent per day (boe/d) of oil and gas.