The Repsol Group is engaged in all the activities relating to the oil and gas industry, including
exploration, development and production of crude oil and natural gas, transportation of oil
products, liquified petroleum gas (LPG) and natural gas, refining, the production of a wide
range of oil products and the retailing of oil products, oil derivatives, petrochemicals, LPG and
natural gas, as well as the generation, transportation, distribution and supply of electricity.