Oil Sustainability Program

The Oil Sustainability Program is designed to sustain and grow the demand for petroleum-derived (hydrocarbon) materials as a competitive energy source. It aims to make the production of petroleum-derived materials free from environmental risks. Through research and development, the program seeks to enhance their environmental and economic efficiency using modern technologies, while reducing harmful emissions from their consumption. The program was developed in collaboration with several Saudi government entities, companies, and research centers, and it was launched in 2020.

The Oil Sustainability Program aims to eliminate the climate-polluting emissions of petroleum derivatives, thus ensuring sustained demand for these products. By improving their efficiency, petroleum derivatives will remain a primary energy source. The program also seeks to establish a presence in modern markets and create a platform for demand after refining petroleum products. This will be achieved through infrastructure development and market growth in targeted sectors. One of the program’s main goals is to innovate and accelerate technological processing, enabling more advanced uses for petroleum derivatives. The new energy product mix will be economically and environmentally efficient, suitable for various fields, and will include the production of low-carbon fuels. Additionally, advancements in combustion engine technology will help reduce polluting gas emissions. The program also aims to maximize the added value to the national economy by leveraging hydrocarbon resources. It will collaborate with companies to expand their operations in various fields to develop innovative materials from petroleum derivatives to enhance the Kingdom's position in the oil sector and its associated products and technologies.

The Oil Sustainability Program is based on three pillars, with development being the first. This pillar aims to generate demand in emerging markets by investing in infrastructure and accelerating growth in targeted markets. The second pillar focuses on innovation and accelerating technological advancements to provide new applications for hydrocarbons. The third pillar focuses on enhancing sustainability and aims to secure an energy mix that is both economically and environmentally efficient, including hydrocarbons.