Cepsa and Repsol can boast of being the most popular gas stations in Spain, although not many know the origin of their name. We will shed light on this matter below.
Cepsa
As the company itself explains on its website, Cepsa currently has a presence on five continents. It was born in 1929 as the first private oil company in Spain . At that time it was called Compañía Española de Petróleos, SA In 1930, just a year later, it built the first refinery in the country in Tenerife, and also promoted the first agreements with distributors in Portugal and Africa.
In 1940 he created the Oil Research and Exploitation Company (CIEPSA), thus beginning his international expansion. Since the 1960s, it began to grow all over the world and opened Cepsa Portuguesa SA , its first headquarters outside of Spain, in 1964.
One of the company’s biggest international milestones took place in 1994, when oil was discovered in Algeria . In 1995, it increased its internationalization process by building the first chemical industrial plant in Canada.
In 2018 it was a pioneer company in offering Cepsa Hogar, a service that groups together natural gas, electricity and fuel.
Repsol
Repsol is currently present in Europe, Africa, Asia and America. Its origin dates back to 1927, when Campsa was born. The current brand was not created until 1987, when the National Hydrocarbons Institute created Repsol, SA .
But why this name? The name of the lubricant brand that Repesa sold was reused due to the easy pronunciation in different languages and the notoriety. It wanted to become a world-renowned brand, and between 1989 and 1997 the company was privatized with the signing of a contract between Repsol, INH and BBV.
The 1970s saw some important milestones in Repsol’s history. In 1971 the pilot Ángel Nieto won his first World Motorcycle Championship , thus taking the Repsol brand to all corners of the world.
In 2018, it made its commitment to caring for the environment very clear by incorporating natural gas and low-emission electricity into its offer.
Now you know the origin of the name of both Repsol and Cepsa , the most important gas stations in our country.
