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