CEPSA

CEPSA NEWSROOM (3 press releases)

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CEPSA Group reports €236.2 million accumulated net income in first 9 months of 2013, down 55% YoY

PRESS RELEASE -- 21, November 2013

Dwindling refining margins and the slump in domestic consumer demand negatively impacted results in the third quarter. Capital expenditures in January-September 2013 amounted to €686 million. Madrid, Spain, 21-11-2013 — /EuropaWire/ — Accumulated net income for the CEPSA Group at September 30, 2013, on … Read the full press release

CEPSA reported clean CCS net income of €199.9 million in H1-2013, down 20% YoY

PRESS RELEASE -- 6, August 2013

Madrid, 06-8-2013 — /EuropaWire/ — Domestic Business Activities and a Drop in Crude Oil Sales Hinder the Group’s Earnings. Earnings from international business operations account for 63% of the Group’s Net Income Weak consumer demand, tight marketing margins and a challenging environment … Read the full press release

CEPSA announced it now controls 42% in MEDGAZ S.A., the operator of Algerian-European gas pipeline via Spain

PRESS RELEASE -- 6, August 2013

Exercising its right of first refusal, CEPSA has acquired part of GdF Suez´s shareholdings in the MEDGAZ consortium CEPSA will maintain a 20% share of the deepwater pipeline’s transport capacity Madrid, 06-8-2013 — /EuropaWire/ — As provided in the Bylaws of MEDGAZ … Read the full press release