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Repsol signs up to European oil stance on climate change

Jun. 09, 2015 11:30 AM ETRepsol, S.A. (REPYF) StockBP, TTE, SHEL, E, BRGYY, BRGXF, REPYY, REPYF, EQNRBy: Carl Surran, SA News Editor5 Comments
  • Repsol (OTCQX:REPYF, OTCQX:REPYY) joins its European peers in calling for governments to agree on carbon pricing at a UN climate summit later this year, expanding the group of energy companies seeking a voice at the meeting.
  • Repsol signs the letter that BP, Eni (NYSE:E), Royal Dutch Shell (RDS.A, RDS.B), Statoil (STO), Total (NYSE:TOT) and BG Group (OTCQX:BRGXF, OTCQX:BRGYY)  released earlier this month - and that the top U.S. companies avoided - asking for a global price for carbon.
  • Gas now accounts for ~55% of Repsol's total output following its acquisition of Talisman Energy in December.

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