June 15, 2020 / 9:32 AM / 19 days ago

Repsol to invest $90 mln in two low-emissions projects in Spain

MADRID, June 15 (Reuters) - Oil and gas company Repsol plans to invest 80 million euros ($90 million) to build two new plants in Spain as part of efforts reduce its carbon emissions.

Repsol will build what it said would be one of the world’s biggest net-zero emissions fuel facilities, based on green hydrogen generated with renewable energy and carbon dioxide produced by the Petronor refinery in northern Spain, in which Repsol owns a majority stake.

The second plant will generate gas from urban waste, replacing some of the traditional fuels used by the Petronor refinery, Chief Executive Josu Jon Imaz told a news conference on Monday. ($1 = 0.8885 euros) (Reporting by Isla Binnie and Inti Landauro Editing by David Goodman )

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below