Campsa
Campsa ( Spanish Compañía Arrendataria del Monopolio del Petróleo ) is the name of the formerly state-owned Spanish oil monopoly company that was founded in 1927 .
Until the dictatorship of Miguel Primo de Rivera , the Spanish oil market was mainly controlled by the Royal Dutch Shell and the Standard Oil Company of New Jersey. In June 1927 the Spanish finance minister José Calvo Sotelo had the retail sales structure of Shell, Standard Oil and other private companies confiscated and sold to Spanish banks as CAMPSA. In order to secure the supply of crude oil, Compañía Española de Petróleos (CEPSA) was founded and attempts were made to refine oil from oil fields in Venezuela , in which Petroleos Porto Pi owned by Juan March had shares. Also because of Shell's hostility, CAMPSA failed to develop an independent supply. Originally it was a company in which the Spanish state only held a minority stake, the production license of which was renewed in 1947 in the era of General Francisco Franco . Until 1977 the state held more than 50% of the share capital. In 1992, following the request of the European Union for privatization, it was sold to the largest private oil companies in the Spanish market Repsol (a partially privatized former state company), Cepsa and BP . Repsol received the rights to the CAMPSA brand. Since the beginning of 2009, the remaining CAMPSA petrol stations have been gradually changed to the Repsol brand.
The remaining assets of the company, mainly in the logistics and pipeline sectors , have been grouped under the name Compañía Logística de Hidrocarburos (CLH).
Under the traditional name " Guía CAMPSA ", Repsol published an important travel guide in Spain similar to the French Michelin . With the 2009 edition, this travel guide was renamed "Guía Repsol".
Individual evidence
- ^ Robert H. Whealey : Hitler And Spain, p. 124