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The world's largest oil company is fighting to save gasoline engines



While major international oil companies buy electric mobility and charge network companies, Saudi oil giant Aramco continues to focus on oil demand in the transportation sector, investing "tens of millions of dollars" each year to develop and support the development of cleaner and cleaner vehicles. more efficient internal combustion engines (ICE).

“Our business is [mainly] in liquid hydrocarbon fuel, [so]. We aim to ensure that environmental impact is reduced to a point where it remains competitive for internal combustion engines, "quoted Amer Ahmad Amer, chief technology officer at Aramco's R&D Center, who recently said at a research facility in Saudi Arabia. [1

9659002] Instead of focusing on electrification, Saudi Aramco is doubling down on oil, seeking to make gasoline and diesel engines more efficient and less polluting. Saudi investment in combustion engines is also coming at a time when big, old car manufacturers are diverting billions of dollars to electric vehicles (EVs) to challenge Tesla.

Aramco believes that peak demand for oil is not in sight and that oil will continue to be the dominant energy source in the transport sector in the medium term. Related: Iran's 3-part plan for to outlaw sanctions

“The biggest hit for us in the short to medium term ahead t il around 2040 is from improvements to the internal combustion engines to mass adoption of [sustainable pure electric] transport, "said Amer, as shipped by the South China Morning Post.

Saudi Aramco collaborates with King Abdullah University of Science and Technology (KAUST) in Saudi Arabia, in the so-called & # 39; Clean Combustion Research Center & # 39; for work with more efficient and less polluting internal combustion engines.

In March of this year, Aramco participated in one of the world's largest car shows, the Geneva International Motor Show, as part of what it called the "active effort to improve the efficiency of energy use in the transport sector, particularly by improving the environmental performance of internal combustion engines. ”

By Tsvetana Paraskova for Oilprice.com

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