Repsol considers the Venezuela business a "strong advantage"
Spanish oil company Repsol does not include the Venezuela business in its 2026-2028 forecast update because they prefer to work with a baseline scenario, and having it means "a strong advantage" after the authorization of operations in the country, explained Repsol CEO Josu Jon Imaz this Tuesday. During the celebration of the "Capital [...]
TL;DR
- Repsol is not including its Venezuelan operations in its 2026-2028 forecast updates.
- The company prefers to work with a baseline scenario.
- CEO Josu Jon Imaz views the Venezuelan business as a "strong advantage" after operations were authorized.