Repsol is gearing up to launch a biomethane and hydrogen production project in Sines, Portugal, by 2026 as part of its energy transition and industrial conversion strategy. The biomethane project involves producing renewable gas from organic waste, positioning the company as a key player in renewable fuels production. However, the project faces delays due to concurrent investments in a polymer reuse plant and solar panel installations. Repsol's focus on renewable fuels, including hydrotreated vegetable oil and green hydrogen, underscores its commitment to a sustainable energy future. While the company acknowledges the challenges of navigating the evolving energy landscape, it remains optimistic about the progress of its hydrogen project, emphasizing a step-by-step learning approach. The managing director highlighted Repsol's dedication to a fair and inclusive technological transition that integrates multiple renewable solutions, including electric vehicles and renewable diesel. Additionally, he emphasized the importance of quality products in the face of increasing competition from low-cost service stations. Addressing the impact of geopolitical conflicts and unforeseen events like the recent power outage, Repsol stresses the need for preparedness and robust communication networks in crisis situations. Despite uncertainties, the company remains resilient, drawing on its adaptability during challenging times like the Covid-19 pandemic. Natural gas retains its significance in the energy mix, reinforcing the importance of diversified energy sources in ensuring stability and continuity.