Brief introduction of YPF company in repsol, Spain

Repsol -YPF is a global oil, gas and chemical integration company, ranking eighth in the world. The company was formed by the merger of Repsol of Spain and YPF of Argentina. 1999 65438+ 10, Repsol Company purchased 4.99% of the shares of YPF Company/kloc-0, and obtained about 20% of the capital interests of YPF Company. 1In April, 1999, Repsol Company purchased the remaining shares of YPF Company and ADS in cash through public bidding. By June 23,/kloc-0, 1999, Repsol further acquired the remaining 82.5% of the capital equity of YPF, so that Repsol controlled 97.5% of the capital equity of YPF and completed the merger and acquisition of YPF. Repsol -YPF is mainly engaged in the exploration and production, refining and sales of oil and natural gas, as well as the production and sales of chemical products and natural gas. In addition, the company is also engaged in certain power generation business.