Repsol and Navantia Seanergies, Navantia’s green energy division, have signed a collaboration agreement to jointly explore business opportunities in renewable hydrogen production in Spain. The signing took place at Navantia’s Turbine Factory in Ferrol, a center that will play a key role in this agreement. The two companies have agreed to combine knowledge and efforts … Read more
Repsol has signed a technology license agreement that would allow the company to construct an ultra-high molecular weight polyethylene (UHMWPE) plant. The plant would be located in Repsol’s Industrial Complex in Puertollano (Spain) and would have an annual production capacity of at least 15 kt. The agreement boosts up Repsol’s ambition to become a future … Read more
Enerkem, a world leader in t he production of low-carbon intensity biofuels and circular chemicals from waste materials, announces the closing of a new financing totaling $255 million. Repsol invests $170 million, of which $75 million is in Enerkem’s equity. In doing so, Repsol joins existing shareholder Suncor Energy as a strategic shareholder to accelerate … Read more
Repsol has commenced work on the first advanced biofuels plant in Spain that the company is building at its Cartagena refinery. Repsol, in alignment with its ambition to become a net zero emissions company by 2050, will invest €200 million in this project that will enable the supply of 250,000 tonnes per year of advanced … Read more
Repsol announced its hydrogen strategy up to 2030, with the aim of becoming the market leader in the Iberian Peninsula and positioning the company as a relevant producer in Europe. The company has announced investments in the entire hydrogen value chain that will reach €2.549 billion ($2.97 billion) by 2030. Renewable hydrogen is one of … Read more
Repsol SA is adding two new units at its petrochemicals complex in Sines, Portugal, which will increase the facility’s polypropylene and linear polyethylene and capacity by 300,000 tonnes per year each. Scheduled to be completed in 2025, the new units will be built at subsidiary Repsol Polímeros SA’s petrochemical complex at the Sines Industrial and … Read more
Repsol, one of the largest energy companies, present in the entire value chain covering a wide range of petrochemicals’ production that includes styrene monomer, becomes a member of SCS. Repsol joins the four founding members of SCS (Styrenics Circular Solutions), INEOS Styrolution, Total, Trinseo and Versalis (Eni). SCS is now well established with producers of … Read more