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Energizing the Future: Companies Lead in Emission Reductions and Green Innovations

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Published on 26/09/2024 at 10:57
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Companies Highlight Emission Reductions at ROG.e. ExxonMobil Electrifies Fleet by 2025, Petrobras Cuts 53% of CO₂. Green Technologies and Sustainable Energy in Focus.

Companies are intensifying their efforts to reduce emissions, gaining prominence at the ROG. ExxonMobil, for example, plans to electrify its fleet by 2025, while Petrobras announced a 53% cut in CO₂ emissions. Green technologies and the use of sustainable energy are increasingly prioritized by companies in their environmental strategies.

In addition to the mentioned initiatives, the search for renewable energy sources is a key focus. Investment in sustainable energy not only promotes emission reductions but also aims to decrease dependence on fossil fuels. The market is rapidly moving towards innovative solutions that ensure a cleaner and more energy-efficient future.

ExxonMobil and Petrobras in Electrification Project

The global urgency for reducing carbon intensity in various industries has led many oil and gas companies to seek new technologies and strategies to improve their offshore operations to minimize carbon emissions. These efforts were highlighted on the agenda of the ROG, one of the largest energy events in the world, held at the Olympic Boulevard in Rio de Janeiro until this Thursday (26).

Maíza Goulart, executive manager of Petrobras Research Center (Cenpes), emphasized Petrobras’ initiatives that led to a reduction of more than 53% in greenhouse gas emissions between 2009 and 2023. ‘We achieved this through a cultural shift and investments in operational efficiency’, said the manager.

ExxonMobil’s Decarbonization Goals

According to Alberto Ferrin, president of ExxonMobil Brazil, with population growth and improved quality of life, the demand for oil and gas will remain significant in the energy matrix. However, the company is also focused on emission reductions. To decarbonize all of ExxonMobil’s operations, the company has brought forward its net-zero goal from 2050 to 2035. ‘All of our fields are fully electrified, and we are working to electrify our entire fleet of ships by the end of 2025’, highlighted Ferrin.

TotalEnergies, for its part, has made sustainable development a priority in its actions, also focusing on emission mitigation. Annually, the company allocates about US$ 1 billion to research and innovation, involving more than 3,500 people in 18 research centers around the globe.

TotalEnergies Investments in Brazil

Since 2018, in Brazil, TotalEnergies has invested approximately R$ 450 million in more than 80 Research, Development and Innovation (R&D) projects that combine innovation with sustainability. FINEP, the Brazilian innovation agency, currently has 13 public financing calls, including technologies for energy generation from sustainable sources, low-carbon hydrogen, and energy storage, as well as security and resilience of the National Interconnected System.

Vibra, looking to the future, aims to further strengthen its core fuel distribution business. This growth necessarily includes combating the irregular market, for example, fraud and tax evasion.

Vibra’s Actions and Investments in Logistics

Ernesto Posada, CEO of Vibra, highlighted the importance of creating equal conditions for all market players and mentioned that Vibra, currently the fifth largest company in revenue generation in the country, is moving rapidly to become Brazil’s leading multi-energy platform. To this end, the company has invested in various growth areas, including the B2B segment, expansion of logistics corridors, and operations in the Free Energy Market.

Sebastião Furquim, vice president of operations and logistics at Ipiranga, emphasized the need to optimize fuel logistics to support the increasing demand, especially for biofuels like corn ethanol. Teisu Koike, executive secretary of the Ministry of Ports and Airports, emphasized that the growth in liquid cargo movement, including oil and fuels, highlights the importance of investment in port infrastructure for the future. Within the PAC, only port projects will require investments of R$ 155 billion over the next six years.

Powerships and Hydrogen from Karpowership

Beyza Ozdemir, director of Karpowership during iUP Innovation Connections, a parallel event of ROG, mentioned that the company is expanding its fleet of powerships for energy generation, adding 3GW of capacity in the short term. Karpowership operates in 20 countries and is collaborating with local governments to ensure energy security during periods of drought and climate change. The company also supports initiatives for desalination of water, making it drinkable for communities near its operations.

João Caldas, technology director at Casa dos Ventos, highlighted that the company is focused on solutions that reduce energy consumption and industrial costs, with hydrogen application projects, a promising fuel for sustainable energy. Felipe Travessos, director of ONINN, emphasized that green technologies are essential to ensure a low-carbon portfolio by 2030, especially in the production of printed semiconductors.

About ROG.e

The ROG.e, organized by IBP, is one of the largest global energy sector events. The event attracts more than 70,000 visitors from 65 countries, including industry leaders, authorities, investors, and academics. With more than 550 exhibitors distributed across 8 warehouses, 7 parallel events, and a large congress, ROG.e 2024 boasts heavyweight sponsors such as Petrobras, Shell, TotalEnergies, Equinor, Galp, Origem, Brava, Petronas, Prio, BP, Chevron, ExxonMobil, among others.

Source: Bruno Postiga

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