Repsol nationalize its oil and gas production. Results however show that the move to nationalize actually hurt oil production in Argentina. Compared to the oil production in 2011, YPF’s oil production in 2012 fell by 8%, according to data from Argentina’s Department of Energy. Repsol had the backing of the EU and the US, and both powers condemned Argentina’s move as expropriation. President Fernández claimed that the state would seize 51% of YPF. In June 2013, Repsol rejected a $5 billion proposal from Argentina to compensate for the 2012 expropriation. The proposal also would have given Repsol drilling rights to 6.4%
Repsol Campus Repsol Campus Repsol Campus is a building that serves as headquarters of the oil company Repsol, located on Mendez Alvaro street, 44, in the city of Madrid, Spain. It was designed by the architect Rafael de La-Hoz Arderius. The plot of this building, which houses about 4,000 employees, is equivalent to the extension of the Monastery of El Escorial and the size of its indoor garden is a bit higher than a soccer field. This building located within the ring of the M30 Motorway is one of the few major corporate centers in the center of the spanish capital. The