Repsol raises Imaz's salary by 17%, to 4.8 million, and removes the Council's ability to adjust his bonuses
Repsol has increased CEO Josu Jon Imaz's salary by 17% to €4.8 million and has taken away the Council's power to adjust his bonuses based on performance.
Trump opens the first door to Repsol in Venezuela and Democratic congressmen send a stern warning letter to Josu Jon Imaz
The Trump administration has granted a license for Repsol to operate in Venezuela, while Democratic congressmen issue a warning to the company's CEO.
Imaz (Repsol): "We are ready to invest more in Venezuela and triple production there"
Josu Jon Imaz, CEO of Repsol, expressed the company's commitment to invest in Venezuela's oil sector and aims to triple production in the coming years.
Repsol tells Trump it wants to 'invest heavily' in Venezuela and triple production
Repsol CEO Josu Jon Imaz informed President Donald Trump that the company is ready to significantly increase its investment in Venezuela, aiming to triple its crude oil production to around 135,000 barrels per day.