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 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth