Revamping the downstream
Digital solutions will play an important role in boosting Repsol’s refining segment and efforts to lower the company’s emissions
Spanish oil firm Repsol has taken up the challenge to become a net-zero company by 2050, developing into a multi-energy provider with a client-centric approach. Our aim is to provide the energy and the products that society needs at any moment. In this context, cultural transformation and digitalisation arise as key enablers to adapt Repsol to the new scenario. To this end, the company has embarked on a five-year digital programme, initiated in 2017, that covers all our business and corporate areas with a total planned investment of approximately €600mn ($710.11mn). As a key area of Repsol, the industrial businesses—mainly including refining, chemicals and trading—faced a great challenge. Th
Also in this section
10 May 2024
Launch of project powered by geothermal energy in Iceland marks step forward in push to scale up expensive direct-air-capture technology
8 May 2024
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum