Repsol reported that inspection work continues in areas of special environmental protection, after the oil spill on January 15. The company recalled that they already have the necessary authorizations to delimit the status of the work areas and continue with the environmental impact analysis, although, to complete these actions, they await the permits to work […]
Tag: repsol
Oil spill: cleanliness of the sea and beaches exceeds 56%, according to Repsol
The Repsol company indicated that the cleaning work in the sea and beaches affected by the oil spill on January 15 is more than 56% complete. “The progress is very significant.. In the sea there is very little product left to collect, however, we maintain control and monitoring flights beyond the affected literal, based on […]
The markets begin to punish Repsol
Even though Repsol partially stopped the advance of crude oil off the Peruvian coast, the bad news for the Spanish-owned company continues. The shock wave in international markets after the environmental disaster in The Pampilla reached the ears of the rating agency S&P Global Ratings, which decided to place the company under its “ESG Assessment” […]
OAS approves emergency declaration after oil spill in Peru
The Organization of American States (OAS) approved the declaration “Oil spills in the Ventanilla Sea and solidarity with the People and Government of Peru”, during the extraordinary session of its Permanent Council organized today, February 9, 2022. In the document, the organization led by Louis Almagro expresses its “dismay” at the “serious consequences” for the […]
Repsol loses shareholders: after spill in Peru, JP Morgan reduces its participation
investment bank J. P. Morgan reduced this Thursday its participation in the Spanish oil company Repsol, until it fell below 5% in a progressive de-escalation from the 6.8% that it reported in March 2020. Instead, Blackrock will keep the first place of the most important shareholders , with 5.19%. According to the newspaper El País, […]
S&P Global Ratings puts Repsol in ‘ESG Assessment’ after oil spill in Peru
S&P Global Ratings has placed Repsol’s ‘ESG Assessment’ under review after the oil spill that occurred on January 15 from the La Pamplilla refinery in Peru. In a statement, the agency says it will “closely” monitor developments to assess the implications for its ‘ESG Assessment’, which is an S&P qualitative rating tool designed to measure […]
Congress seeks that expenses for environmental damage do not have access to tax benefits
After Repsol spilled nearly 11,000 barrels of oil in the Ventanilla Sea on January 15, Congress proposes tightening the measures so that companies that cause environmental damage cannot access tax benefits, such as the reduction in Tax. Income Tax (IR), derived from remediation expenses. A first draft law of the Peru Libre caucus seeks modify […]
Repsol spill: “Authorities must determine the impact on the fish,” says an expert
It’s been more than a week since the La Pampilla Refinery, run by the oil company Repsol, produced a spill of at least 11,000 barrels of crude oil off the coast of Lima, which was allegedly caused by strong waves attributed to the eruption of the submarine volcano in Tonga. Until Friday, the contamination reached […]
They request that authorization to Repsol be extended to 60 days for loading and unloading of hydrocarbons
The Peruvian Association of Port Operators (Asppor) requested the Environmental Evaluation and Enforcement Agency (OEFA) to extend to 60 calendar days the authorization period for hydrocarbon loading and unloading activities at the Multibuoy Terminals No. 1 and 3 of Repsol’s La Pampilla Refinery. In a letter addressed to the OEFA, Asppor indicates that the 10 […]
Repsol on spill on the Peruvian coast: “There is little oil left to remove”
Repsol, the Spanish company that operates the La Pampilla SA Refinery (Relapasa), reported that “little hydrocarbon remains to be removed” after the spill of more than 11,000 barrels of oil on the Peruvian coast of Ventanilla, which occurred on January 15. Through a statement, Repsol reported that, in recent days, more than 1,600 meters of […]