2020.01 08 dscppd energy.forward...3 saudi aramco: company general use humankind is driving the...
TRANSCRIPT
Energy Forward
© Saudi Arabian Oil Company, 2020
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
Baker Hughes
Technology
Florence
4.2 GW
Installed Capacity
14 MMBD
Production in
Oil Equivalent
Shaybah
East-West
Pipeline
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Humankind is Driving
the Global Energy Mix
7.8 Billions
Populationhas more than
doubled
4.7 Billions
Urbanizationhas tripled in the last
30 years
CellphoneMore cellphones than
people
20%
Literacyrate has increased by
more than
90%
ElectricityAccess has
increased to
37
FlightMore than one flight
every second
Million Flights
per year
Source: World Bank3
Energy is the corner stoneGlobal Prosperity is
Energy demanding
1970s 2020
14.5 billion tons
of oil equivalent
X4
Since 1970s
has increased by
Energy
Demand
4.5 Billion tons
of oil equivalent
31%
Oil
+8% by 2040
Represents
In 2019
3.3 Billion tons
of oil equivalent
23%
Gas
+33%by2040
Represents
In 2019
1.3 Billion tons
of oil equivalent
Doubled
In 2040
It will be
Renewables
Source: Energy Intelligence Agency4
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Trends Shaping the Energy Transition
Efficiency
Urbanization and Smart Cities
Government Policy
Corporate Landscape
Public Transportation
Technology
Source: World Bank
Energy Use kg of oil equivalent per $1,000 GDP (constant 2011 PPP)
100
110
120
130
140
150
160
170
180
190
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014
Global Economy is More Efficient
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Refining Industry is responding
by making our fuels cleaner
Meeting
Today’s Standards
Diesel
Fuel Oil
500 ppm S
3.5% S
10 ppm S
0.5% S
Investing in
Tomorrow’s Fuels
Last 20 Years
Next 5 Years
$179 Billion
$74 Billion
Source: IHS / Woodmac
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10.0
11.0
12.0
13.0
14.0
15.0
16.0
17.0
18.0
19.0
1970 1980 1990 2000 2010 2020
Eff
icie
ncy (
miles
per
gallon)
Source: U.S. Energy Information Administration
Vehicle energy efficiency has improved by 50%
Total CO2 emissions
since 2004
23% Reduction
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
736 Million
People
Live below the
International poverty
line of $1.90/day
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
736 Million
People
Live below the
International poverty
line of $1.90/day
3 Billion
People
Use traditional
resources for residential
cooking and heating
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
736 Million
People
Live below the
International poverty
line of $1.90/day
3 Billion
People 4 Million
People
Die prematurely from
inhaling household
pollutants
Use traditional
resources for residential
cooking and heating
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
736 Million
People
Live below the
International poverty
line of $1.90/day
3 Billion
People
Use traditional
resources for residential
cooking and heating
4 Million
People
Die prematurely from
inhaling household
pollutants
10%World’s
Poverty Level
(UN)
It is our responsibility to provide
energy in the most sustainable
and affordable way to the
needed communities globally
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
Society
&the Environment
The planet’s climate is
everyone’s business
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
CO2 eliminated by
recovery gas system
since the 1970s
Million
metric tons 100found in corporate’s
greenhouse gas emissions
Methane
intensity 0.06%
Lowest in
the Industry
found in corporate’s
well to refinery process
Kilograms
carbon intensity 10
One of the Lowest
in the World
Saudi Aramco
Lowest CO2 Footprint
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Saudi Aramco
Lowest CO2 Footprint
in the WorldFlaring Intensity 2017(m3 Gas flared per Barrel oil produced)
Saudi Arabia
Source: World Bank GGFR15
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
Saudi Aramco
What do
we do?
Carbon Management Cycle
Capture
Utilize
StoreTransform
Reduce
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
Less CO2
emissions
Capture
Saudi Aramco
Carbon Management Cycle
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
Utilize
Store
CO2 capture
and reinjected
Million
Standard
Cubic Feet
Investment
$ Million
Dollars
Environmental
Awards
Awards
Saudi Aramco
Carbon Management Cycle
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CO2 content
by mass
Transform
Saudi Aramco
Carbon Management Cycle
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
Combines CO2 with our abundant
hydrocarbon feedstock, to create
high performing polyols for use in
everyday applications.
Converge® Polyurethane applications,
including coatings, adhesives,
sealants, and elastomers (CASE).
Polyurethane
Reduce
Reduce Fuel
Consumption
%Below 2021 European
CO2 emission standards
%
Saudi Aramco
Carbon Management Cycle
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Reduce
Reduced CO2
During Mangroves Lifetime
Million
Tons
Mangroves
Planted
Saudi Aramco
Carbon Management Cycle
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Energy ForwardDelivering Affordable Sustainable Energy
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
2019
Innovation
Center
(U.K.)
Investing in
Technology
Advancement
Research Centers
worldwide
11Significant growth in
Saudi Aramco’s IP portfolio
1,700 Patents
2019 U.S. patents granted
among IOCs
the 1st
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70%Petrochemical Conversion
the FirstIn-Kingdom Station
Integrated Manufacturing
Operations Management System
Investing in Technology Advancement
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
Gasoline Compression Ignition Technology
82Average CO2 Emission
CO2
g/km
For environment, it is a matter of choice?Which car would you choose?
321Average CO2 Emission
CO2
g/km +200Average CO2 Emission
CO2
g/km
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Saudi Aramco: Company General UseSaudi Aramco: Company General Use
Energy ForwardDelivering Affordable Sustainable Energy