Repsol has received a Platts Global Energy Award in the Excellence in Energy – Downstream category for the large-scale deployment of its NEXA fuels made from 100% renewable origin across Spain and Portugal. The award, presented by S&P Global in New York, recognizes Repsol’s rollout of renewable diesel and gasoline at nearly 1,500 service stations, making it one of the largest renewable fuel distribution networks in Europe.

The jury highlighted Repsol’s ability to balance affordable and reliable energy supply with decarbonization, as well as its leadership in industrial-scale production of renewable fuels. Repsol operates the first large-scale renewable fuels plant in the Iberian Peninsula in Cartagena, producing renewable diesel and sustainable aviation fuel, with a second plant in Puertollano set to come online in 2026. The company has also achieved a technological milestone by producing 100% renewable gasoline at its Tarragona complex.

Repsol’s NEXA renewable fuels are fully compatible with existing vehicles and offer performance comparable to conventional premium fuels, addressing the reality that combustion and hybrid vehicles still dominate Europe’s car fleet. The company emphasized that renewable fuels are a key lever for meeting climate targets and called for a review of European CO₂ regulations, as it continues progressing toward its net-zero emissions goal by 2050.