Enarsa Enarsa ENARSA, in full Energía Argentina Sociedad Anónima, is a state owned company in Argentina. It is engaged in for the exploitation of petroleum and natural gas, and the production, industrialization, transport and trade of these and of electricity. Enarsa was founded on December 29, 2004, by an initiative of President Néstor Kirchner. The initiative had the political goal of reinserting the state in an oligopolic market that was completely privatized during the Menem administration in the 1990s; these privatizations included the state oil firm YPF to the Spanish corporation Repsol, as well as its sister company, "Gas del Estado",
Repsol energy company of the year". In December 2014 Repsol announced that it would buy Canadian oil company Talisman Energy in a transaction worth about $15.1 billion Cdn ($13 billion US). In 1971 Repsol logo first appears, as REPESA (Refinería de Petróleos de Escombreras S.A.) brand product, during the motorcycle Derby of that year. Its name derives from the founding company REPESA for its visibility and easy pronunciation in different languages. In 1991, the Instituto Nacional de Hidrocarbonos (INH), before the imminent demise of the state oil monopoly, set the objective to create a company of mixed public-private capital, which exploded