Repsol YPF, S.A. is an integrated Spanish oil and gas company with operations in 29 countries. The bulk of its assets are located in Spain and Argentina, as a result of the 1999 takeover of Argentine energy firm YPF by the Spanish conglomerate Repsol S.A.. It is now the 15th largest petroleum refining company according to the Fortune Global 500 list, employing over 40,000 people worldwide. In May 2006 Repsol announced it was planning to float between 15% and 20% of YPF's shares on the Buenos Aires Stock Exchange. Repsol also partners with Honda Racing Corporation to compete in MotoGP under... Repsol Honda Team. 1948: REPESA incorporation created for the installation of a refinery in the Valley of Escombreras 1981: Creation of INH: Public organization created to integrate the various companies operating in the oil and gas sectors in which the Spanish state had a controlling interest or was the sole owner. 1986: Creation of the Repsol group: Its sole shareholder is the INH.
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| NYSE symbol: | REP |
| Founded: | 1986 |
| Headquarters: | Madrid, Spain |
| Annual revenue: | $67,006,000,000 |
| Net income: | €3,188,000,000 |
| Operating income: | $4,364,000,000 |
| Employees: | 36,700 |
| Industries: | Petroleum, Crude Petroleum and Natural Gas Extraction, Petroleum industry |