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==Brief chronology== * 1948 incorporation REPESA (Refinería de Petróleos de Escombreras S.A.) created for the installation of a refinery in the Valley of Escombreras, Cartagena (Spain).<ref name="origins">{{Cite web |url=https://www.repsol.com/en/about-us/history/origins/index.cshtml |title=Our origins |date=2022 |access-date=29 January 2022}}</ref> * 1981 Creation of INH: Public organization created to integrate the various companies operating in the oil and gas in which the Spanish state had a controlling interest or was the sole owner.<ref name="origins" /> * 1986 Creation of the Repsol group: Its sole shareholder is the INH. Repsol brings together the companies in which the Spanish state had a controlling interest in the areas of exploration and production (old Hispanoil), refining (formerly ENPETROL), chemical and liquefied natural gas (LNG), Butane (former Butano S.A.), CAMPSA and Petronor. Repsol Chemical (Alcudia), initially a subsidiary of Repsol Petroleum, which will then be a subsidiary.<ref name="birth">{{Cite web |url=https://www.repsol.com/en/about-us/history/the-early-years/index.cshtml |title=Repsol is born in 1986 and takes its first steps |date=2022 |access-date=29 January 2022}}</ref> * 1989 The State (INH) began the privatization of Repsol. IPO of 26% of Repsol Capital. Repsol shares, S.A. upgraded trading on exchanges in Spain and New York.<ref name="birth" /> * 1991 Natural Gas Company is created. * 1997 The State completes the privatization of Repsol.<ref name="birth" /> * On April 16, 2012 the President of Argentina, Cristina Fernandez de Kirchner announced the introduction in the Congress of a bill to "safeguard the sovereignty of Argentina hydrocarbons." This project has as main purpose the expropriation of 51% of the shares of YPF. * On March 28, 2014 Repsol's Annual General Meeting ratified the "Convenio de Solución Amigable y Avenimiento de Expropiación" which recognises the Repsol's right to receive $5 billion as compensation for the expropriation of the 51% shareholding in YPF and YPF GAS, together with payment guarantees. * On May 15, 2018 Repsol announced it would no longer seek growth for oil and gas.<ref name=Bloomberg>[https://www.bloomberg.com/news/articles/2018-05-15/repsol-said-to-end-pursuit-of-oil-growth-amid-energy-transition "Repsol to End Pursuit of Oil Growth"], Bloomberg, 2018-05-15</ref> * American energy investment company EIG acquires a 25% stake of Repsol's [[Upstream (petroleum industry)|upstream]] business for US$4.8 billion.
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