Cepsa

I igo Diaz de Espada, vice president of supply, trading, bunkering and aviation at Spanish refiner Cepsa, which is expanding a refinery in Spain.

Europe's Oil Glut: Refineries 2010

Española de Petróleos SA, known as Cepsa, in a deal valued at as much as €3 billion ($3.85 billion).

Santander Aims to Sell Stake in Cepsa for up to $3.85 Billion 2009

IPIC, which manages global energy investments of more than $14 billion for the Abu Dhabi government, is buying a 32.5% stake in the Spanish company, known as Cepsa, from Banco Santander SA at €33 a share.

Abu Dhabi Energy Fund Increases Stake in Cepsa 2009

The Abu Dhabi fund bought a 9.5% stake in Cepsa in 1988, according to the company's website.

Abu Dhabi Sets Oil Deal Nour Malas 2011

International Petroleum said in a regulatory filing that is offering € 28 a share plus an additional 50 European cents to cover an upcoming dividend payment by the Spanish company, which is known as Cepsa.

Abu Dhabi Sets Oil Deal Nour Malas 2011

All together, after selling its 48.83% stake in Spanish oil company Cepsa , the repurposing of Dunkirk and the €740 million $1.06 billion retooling of its Gonfreville refinery in Normandy to produce more diesel than gasoline and emit less CO2, Total will have cut more than 11 million metric tons of refining capacity over two years, Mr. de Margerie says.

Showing His Dunkirk Spirit During Tough Political Times Géraldine Amiel 2011

Santander had held talks with IPIC in recent months, but these stalled amid differences on the valuation of Cepsa, in which French energy company Total SA holds a stake of almost 49%.

Santander Aims to Sell Stake in Cepsa for up to $3.85 Billion 2009

Before the announcement, shares in Cepsa traded at €52.10, significantly above the price being negotiated.

Santander Aims to Sell Stake in Cepsa for up to $3.85 Billion 2009

At a price of €35 a share, Santander's stake in Cepsa would be valued at €3 billion.

Santander Aims to Sell Stake in Cepsa for up to $3.85 Billion 2009

The discussed price range for the potential sale is between €30 and €35 for each Cepsa share, Santander said in a filing to Spain's stock-market regulator.

Santander Aims to Sell Stake in Cepsa for up to $3.85 Billion 2009