Founded in 1929
Compañía Española de Petróleos (CEPSA) is a Spanish multinational oil and gas company.
It engages in the exploration, development and production of crude oil and natural gas in onshore and offshore oilfields in Algeria, Colombia, Peru, Brazil, Spain, Suriname, Thailand, Malaysia, Kenya, and Abu Dhabi.
Cepsa operations span exploration, production, refining, distribution and marketing, chemicals, gas and power, trading, bunkering and renewable energy sources.
It is the world’s largest producer of Linear Alkyl Benzene (LAB) and also the leading producer of cumene and the second in phenol and acetone, thanks to its seven chemical plants, in Europe, Asia and the Americas.
In 2016 it produced 35,4 million barrels of oil, distilled 158.7 million barrels of crude oil and sold 28.3 million tons of petroleum products.