Letter from
the Chairman & CEO
Antonio Brufau Niubó
Chairman & CEO
"Dear shareholders
It gives me great satisfaction to inform you..."
The year
in brief
> Historical net income and dividend increase
Fact Book 2007
> Repsol YPF reinforced its exploration and production activity...
2008-2012
Strategic Plan
> Repsol YPF is commited to a profitable and selective organic growth, which is based on ten strategic projects in course