Overview

• Josu Jon Imaz said Repsol would consider mini-nuclear investments if regulatory frameworks become favorable, underscoring the company’s non-discriminatory approach to energy technologies.
• Imaz criticized Europe’s planned combustion engine ban for delaying vehicle upgrades and warned that an ideologically driven strategy could increase emissions compared with a technology-neutral path that promises 28% faster cuts.
• Antonio Brufau called on the European Commission to forge a true energy union by cutting reliance on external suppliers and by shifting CO₂ rules to account for full lifecycle emissions.
• Repsol affirmed it will maintain and expand operations in Venezuela and Libya, framing its presence as a contribution to market stabilization and continued hydrocarbon production.
• The company committed to boosting shareholder returns, targeting a dividend above €1 per share in 2026 and aiming for €1.10 in 2027 if business performance meets expectations.