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    <title>The Local Spain</title>
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    <description>Read the latest news and views from Spain in English</description>
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    <managingEditor>news@thelocal.com (TheLocal)</managingEditor>
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        <item>
        <title>
            Spanish oil giant Repsol swings back to profit
        </title>
        <description>
            Spain&#039;s oil giant Repsol said on Thursday that it swung back to profit in the third quarter as the company reduced costs to adapt to a slump in oil prices which has hit production revenues.
        </description>
        <link>
            https://www.thelocal.es/20161103/spanish-oil-giant-repsol-swings-back-to-profit
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        <pubDate>Thu, 03 Nov 2016 17:17:56 +0100</pubDate>
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        <title>
            Spanish energy giant loses €1.2 billion in oil price plunge
        </title>
        <description>
            Spain&#039;s oil giant Repsol said on Thursday it had lost €1.2 billion ($1.4 billion) last year after putting aside nearly three billion euros in special provisions for a plunge in crude prices.
        </description>
        <link>
            https://www.thelocal.es/20160225/energy-giant-repsol-loses-12-billion-due-to-oil-price-plunge
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        <pubDate>Thu, 25 Feb 2016 12:11:52 +0100</pubDate>
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        <title>
            Repsol in the red as Spanish giant hit by losses on lower oil prices
        </title>
        <description>
            Spanish oil giant Repsol said on Thursday it swung into the red in the third quarter due to lower oil prices and one-off provisions caused by its decline in North America.
        </description>
        <link>
            https://www.thelocal.es/20151112/repsol-in-the-red-as-spanish-giant-hit-by-losses-on-lower-oil-prices
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        <pubDate>Thu, 12 Nov 2015 11:20:32 +0100</pubDate>
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        <title>
            Spain&#039;s Repsol ends Canary oil exploration
        </title>
        <description>
            Spanish energy giant Repsol on Friday abandoned a controversial oil and gas exploration off the Canary Islands
saying it only found small deposits that were not worth drilling.
        </description>
        <link>
            https://www.thelocal.es/20150116/repsol-ends-canary-oil-exploration-due-to-poor-quality
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        <pubDate>Fri, 16 Jan 2015 11:02:00 +0100</pubDate>
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        <title>
            Repsol deal to lift energy giant into big league
        </title>
        <description>
            Spanish oil firm Repsol said on Tuesday it has agreed to buy its struggling Canadian rival Talisman for $8.3 billion (€6.6 billion), a deal that extends its global reach two years after it was forced out of Argentina.
        </description>
        <link>
            https://www.thelocal.es/20141216/repsol-deals
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        <pubDate>Tue, 16 Dec 2014 18:34:47 +0100</pubDate>
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        <title>
            Protesters strip off to oppose Repsol plans
        </title>
        <description>
            Protesters plunged half-naked into the icy sea and unfurled banners Saturday to try to stop oil prospecting near Spain&#039;s Canary Islands, a major tourist destination.

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        <link>
            https://www.thelocal.es/20141214/protesters-strip-off-to-oppose-repsol-plans
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        <pubDate>Sun, 14 Dec 2014 11:23:00 +0100</pubDate>
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        <title>
            75% of Canary Islanders against oil search: poll
        </title>
        <description>
            Three in four residents of Spain&#039;s tourist-dependent Canary Islands oppose oil prospecting in waters off the coast of the Atlantic archipelago, a poll published on Monday shows.
        </description>
        <link>
            https://www.thelocal.es/20141125/75-of-canary-islanders-oppose-oil-hunt-poll-repsol
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        <pubDate>Tue, 25 Nov 2014 11:06:00 +0100</pubDate>
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        <title>
            Spain seizes Greenpeace oil protest ship
        </title>
        <description>
            UPDATED: Spain said on Wednesday it impounded a Greenpeace ship because the crew defied orders to leave a restricted zone where they were protesting against oil exploration off the Canary Islands.
        </description>
        <link>
            https://www.thelocal.es/20141119/spain-seizes-greenpeace-oil-protest-ship-canary-islands-repsol
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        <pubDate>Wed, 19 Nov 2014 10:18:00 +0100</pubDate>
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        <title>
            Repsol starts hunt for oil off Canary Islands
        </title>
        <description>
            Spanish energy giant Repsol on Tuesday started prospecting for oil in the waters off the Canary Islands if the weather permits, a company spokesman said, despite objections from environmentalists and the local government.
        </description>
        <link>
            https://www.thelocal.es/20141118/oil-firm-set-to-start-drilling-off-canary-islands
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        <pubDate>Tue, 18 Nov 2014 11:32:00 +0100</pubDate>
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        <title>
            Canary Islands call vote against oil drilling
        </title>
        <description>
            Authorities in Spain&#039;s Canary Islands on Thursday called a popular vote on a controversial plan to drill for oil and gas off the major tourist destination.
        </description>
        <link>
            https://www.thelocal.es/20141003/canary
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        <pubDate>Fri, 03 Oct 2014 10:53:00 +0200</pubDate>
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        <title>
            &#039;Stop drilling plans or we&#039;ll cut ties with Spain&#039;
        </title>
        <description>
            The President of the Canary Islands is threatening to break off diplomatic ties with Spain&#039;s central government while asking islanders to take part in an &quot;illegal&quot; referendum over the islands&#039; controversial oil and gas drilling plans, green-lighted by Prime Minister Rajoy.
        </description>
        <link>
            https://www.thelocal.es/20140821/stop-drilling-plans-or-well-break-up-with-spain
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        <pubDate>Thu, 21 Aug 2014 13:02:00 +0200</pubDate>
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        <title>
            Spain ignores protests over Canaries oil deal
        </title>
        <description>
            Spain&#039;s energy ministry on Wednesday released details of a controversial deal allowing oil giant Repsol to begin exploring for oil and gas off the Canary Islands, despite fierce opposition from environmental groups and the regional government.
        </description>
        <link>
            https://www.thelocal.es/20140813/spain-ignores-protests-over-canaries-oil-deal
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        <pubDate>Wed, 13 Aug 2014 15:50:00 +0200</pubDate>
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        <title>
            180,000 Germans say no to oil drilling off Majorca
        </title>
        <description>
            Nearly 200,000 German speakers have signed a petition against highly controversial Spanish plans to carry out oil drilling off the coast of the Balearic Islands.   
        </description>
        <link>
            https://www.thelocal.es/20140805/180000-germans-sign-petition-against-majorca-balearics-oil-gas-petrol-drilling
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        <pubDate>Tue, 05 Aug 2014 14:56:00 +0200</pubDate>
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        <title>
            WWF calls for Canary Islands whale sanctuary
        </title>
        <description>
            The environment group WWF is calling for the creation of a whale sanctuary off the Canary Islands after Spanish energy giant Repsol announced recently it wants to start exploratory drilling for oil and gas in the region in October.
        </description>
        <link>
            https://www.thelocal.es/20140724/canary-islands-calls-for-wwf-whale-sanctuary-repsol
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        <pubDate>Thu, 24 Jul 2014 16:30:00 +0200</pubDate>
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        <title>
            &#039;Spain needs to drill for oil off the Canaries&#039;
        </title>
        <description>
            Spain &quot;can&#039;t afford the luxury&quot; of not drilling for oil and gas off the coast of the Canary Islands, the country&#039;s Industry Minister has said, despite strong opposition to the plans from local politicians and green groups. 
        </description>
        <link>
            https://www.thelocal.es/20140722/itll-be-ridiculous-if-morocco-finds-oil-before-spain
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        <pubDate>Tue, 22 Jul 2014 18:17:00 +0200</pubDate>
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            Oil spill chokes Canary coastal paradise
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            An oil spill thought to have been caused by a passing ship has destroyed over a kilometre of coastline on the Spanish island of Gran Canaria, just weeks after Spain announced it would allow gas and oil drilling off the Canary coast.
        </description>
        <link>
            https://www.thelocal.es/20140718/oil-spill-ruins-canary-coastal-paradise
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        <pubDate>Fri, 18 Jul 2014 12:04:00 +0200</pubDate>
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            Spain okays oil and gas search off Canary Islands
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            The Spanish government on Thursday gave oil giant Repsol the green light to explore for oil and gas off the coast of the Canary Islands, a move environmental groups described as &quot;unjustifiable&quot;.
        </description>
        <link>
            https://www.thelocal.es/20140530/canary-islands-spain-green-lights
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        <pubDate>Fri, 30 May 2014 11:15:45 +0200</pubDate>
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            Repsol sells remaining stake in Argentina&#039;s YPF
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            Spanish energy giant Repsol said on Wednesday it has sold most of its remaining 12-percent stake in former Argentine subsidiary YPF for $1.26 billion (€900 million), two years after control of the unit was seized by Buenos Aires.
        </description>
        <link>
            https://www.thelocal.es/20140507/repsol-sells-remaining-stake-in-argentinas-ypf
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        <pubDate>Wed, 07 May 2014 13:23:32 +0200</pubDate>
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            Argentina approves $5b Repsol compensation
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            Argentina&#039;s lower house of Congress approved a deal on Thursday to compensate Spanish oil giant Repsol with $5 billion (€3.6 billion)in bonds for the 2012 seizure of its subsidiary YPF.
        </description>
        <link>
            https://www.thelocal.es/20140424/argentina-greenlights-repsol-compensation-deal-spain-ypf
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        <pubDate>Thu, 24 Apr 2014 18:51:00 +0200</pubDate>
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            Repsol approves $5bn Argentina payoff
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            Spanish oil giant Repsol said on Friday its shareholders had approved a deal to accept $5 billion in compensation from Argentina for the country&#039;s seizure of its subsidiary YPF.
        </description>
        <link>
            https://www.thelocal.es/20140329/repsol-approves-5bn-argentina-payoff
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        <pubDate>Sat, 29 Mar 2014 12:42:00 +0100</pubDate>
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