Spanish Outages Likely Cost Top Power User Repsol €170 Million

(Bloomberg) — Spain’s power outages probably cost oil producer Repsol SA about €170 million ($200 million) in losses at refineries and chemical plants last quarter, people familiar with the matter said. A nationwide blackout in April led to an estimated loss of roughly €100 million at five refineries, and €40 million at three chemical plants, … Read more