Made O'Meter
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Cepsa (Compañía Española de Petróleos, S.A.) is a historic Spanish multinational energy company with its headquarters in Madrid. Established in 1929 as the first private oil company in Spain, it has evolved from a traditional refinery operator into a global leader in sustainable mobility and energy solutions. The brand is a major player in the European and North African markets, operating refineries, chemical plants, and a vast network of service stations.
Over the decades, Cepsa has transitioned through various ownership structures. Significant shifts occurred in the 21st century as global investment groups recognized its strategic importance. Today, the brand is owned by a consortium of international investors following a major divestment by previous industrial owners. The company is currently executing its 'Positive Motion' strategy, aiming to lead in green hydrogen and biofuels, reflecting a shift from its fossil fuel roots toward a net-zero future.
While manufacturing and refining are heavily concentrated in Spain—specifically at industrial complexes in Huelva and San Roque—Cepsa maintains an international footprint with operations spanning Europe, North Africa, and the Americas. The brand's ownership is dominated by significant holdings from the Middle East and private equity firms, ensuring it remains a competitive integrated energy group on the world stage.
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