CEPSA (Compania Espanola de Petroleo SA)
| Headquarters : Campo de las Naciones, Avenida del Partenón 12 28042 Madrid Spain web www.cepsa.es tel. 34-91-337-60-00 analytics |
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shareholder | country | % | source |
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country | address & contact : production type incentive source |
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year name | photo position; compensation source |
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year | employees <> | social impact : country source |
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year | employees <> | social impact : country source |
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year | country : consequences source |
2003 | Spain : A tanker carrying 1,300 tons of fuel sank off the coast of southern Spain | Bloomberg |
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year | country : consequences source |
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year | financial misdemeanor | sales | income | | | source |
2007 |
The European Union fined Repsol YPF and Cepsa more than 80 million euros each, AB Nynas Petroleum and Galp Energia up to 10 million euros for fixing the price of a key asphalt ingredient. The European Commission said the cartel fixed prices, sales volumes and market quotas from at least 1991 to 2002. The market was worth up to 286 million euros at the time. BP won full immunity and did not have to pay its 66.42 million euro
"It is unacceptable that these companies cheated customers, public authorities and taxpayers in Spain for almost 12 years by carving up the market," said EU Competition Commissioner Neelie Kroes. "The Commission will not tolerate such illegal activity by companies to swindle clients and we will continue to impose stiff penalties on offenders," Kroes said. As BP was the first company to come forward with information on the cartel, it received full immunity and did not have to pay its 66.42 million euro. |
| | | |   | | AP |
2001 |
| 10,44 | 0,39 | |   | billion US$ | |
2000 |
| 11,61 | 0,34 | |   | billion US$ | |
1999 |
| 8,21 | 0,25 | |   | billion Eu€ | |
1998 |
| 5,81 | 0,26 | |   | billion US$ | |
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year | financial misdemeanor | sales | income | assets | buyback | source |
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year | purpose : intermediary/lobby : institution source |
2000 | Market access (through WTO), cheaper energy (through energy liberalization in Europe); uniform rules to enable the patenting of plants and animals (through TRIPS); prevent advert legislation on chemicals, self-regulation instead; : CEFIC (European Chemical Industry Council) : : European Commission translate | Corporate Europe Observatory |
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year | purpose : intermediary/lobby : institution source |
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year | dubious practice : image source |
  | slogan: Toda tu energía.; | |
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