Hints and tips:
...There are few executives who, in their entire careers, have experienced troubles of the magnitude that Repsol’s Antonio Brufau has faced in the past two years....
...“It is extremely positive that we have finally reached a friendly agreement on this contentious issue after two years,” said Antonio Brufau, Repsol’s executive chairman, in a statement....
...Emilio Lozoya, Pemex director-general – who was present at the meeting on Monday, people briefed on the talks said – had in the past month attacked the pay levels of Antonio Brufau, Repsol’s executive chairman...
...For Repsol, the deal draws a line under the group’s most persistently irksome problem – and will strengthen the hand of Antonio Brufau, executive chairman, for the challenges that still lie ahead....
...The position of Antonio Brufau, Repsol’s executive chairman, is less clear. Tense relations with its large shareholders in recent months spilled out in public, as Pemex attacked his salary....
...joint venture to develop Vaca Muerta....
...Executive chairman Antonio Brufau flatly rejected Argentina’s proposal earlier this year of a 47 per cent stake, estimated to be worth $3.5bn, for Repsol in a joint venture to develop shale deposits in Vaca...
...Catalan savings bank La Caixa, the Spanish oil company’s largest shareholder, and Pemex, the Mexican state oil group and number-three investor, are in private calling on Antonio Brufau, Repsol executive...
...It is a fair bet that nobody wants Repsol to get compensation for the expropriation of its YPF asset in Argentina more than Antonio Brufau....
...There is never a dull moment at Repsol or for Antonio Brufau, the Spanish oil company’s executive chairman....
...healthcare system * Patriota hangs up the phone on US espionage scandal Markets: mixed Chevron back in Argentina with $1.2bn deal Chevron of the US has reached a final agreement to invest $1.24bn in the Vaca...
...The Pemex offer was first presented to Antonio Brufau, Repsol executive chairman, two weeks ago at an informal meeting between him and his largest investors in Barcelona....
...Our figures are better than when the company included YPF,” Antonio Brufau, Repsol chief executive, told the Financial Times. The feeling is mutual....
...wide-ranging investigation into UK drugmaker GlaxoSmithKline. http://on.ft.com/15M1EbB Chevron back in Argentina with $1.2bn deal Chevron of the US has reached a final agreement to invest $1.24bn in the Vaca...
...But Argentina makes no secret of its terms: the exit of Antonio Brufau, Repsol’s chief....
...recovered ground from a more than 50 per cent tumble at the start of the financial crisis five years ago, every subsequent rally has been stopped in its tracks by bad news, frustrating executive chairman Antonio...
...In an interview with Clarín—Argentina’s largest newspaper and one often at odds with the country’s government—Repsol’s former top executive at YPF, Antonio Gomis, said that monthly production at YPF had...
...Antonio Brufau, chairman, said the investment plan would be self-financed, in order to avoid taking on further debt to finance expansion....
...YPF is under government pressure to boost production and to develop Argentina’s vast Vaca Muerta shale reserves....
...of the vast Vaca Muerta shale gasfield that set in motion the events that led up to the expropriation....
...Antonio Brufau, its president, has been forced to balance his anger with reassurances. “The battle is not over, there is a long way to go,” he says....
...Antonio Brufau, Repsol’s chairman, warned on Tuesday that “these acts will not go unpunished”, while Felipe Calderón, Mexico’s president, said that “no one in their right mind is going to invest in a country...
...Ministers have berated YPF for not investing fast enough and doing nothing since discovering the Vaca Muerta shale riches to turn them into production....
...Repsol’s own president Antonio Brufau has travelled to Argentina several times in attempt to calm the situation....
...In YPF, which last year made a discovery in the Vaca Muerta offshore formation that could contain up to 22bn barrels of oil equivalent, operating profit fell by 15 per cent to €1.23bn....
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