Everything about Repsol Ypf totally explained
Repsol YPF, S.A., is an integrated Spanish
oil and
gas company with operations in 29 countries. The bulk of its assets are located in
Spain and
Argentina. The product of a
1999 takeover of Argentine energy firm
YPF by the Spanish conglomerate
Repsol S.A. within the controversial privatisations by president
Carlos Menem, it's now one of the world's ten largest oil enterprises, employing over 30,000 people worldwide.
In May 2006 Repsol announced it was planning to float between 15% and 20% of YPF's shares in
Argentina's stock market.
Repsol also partners with
Honda Racing Corporation to compete in
MotoGP under
Repsol Honda Team.
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