The company has unveiled its 2016-2020 strategic plan, aimed at guaranteeing Repsol’s strength and its ability to create value even at low oil prices. 1) Short term The company will range between €1.25bn and €1.5bn for 2015. Q3 15 production stood at 651kbpd, up from 526kbpd in Q2 15 but still below the 680kbpd expected. The refining margin was slightly down at $8.8/bbl. from $9.1/bbl. In the next 5 years the group expects a $6.4/bbl. refining margin indicator. 2) Main impleme ....