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Aramco and P1 Fuels have signed Memorandums of Understanding (MoU) to cooperate on the development of sustainable fuels. 

Under the MoUs, Aramco and P1 Racing Fuels will collaborate on the formulation of advanced-generation biofuels and sustainable synthetic fuels derived from captured CO2 and low-carbon hydrogen, which will be used in the WRC within the regulations set by the FIA as motorsport’s world governing body. The partnership will also explore the use of low-carbon fuels to power auxiliary on-site generators.

Ahmad O. Al-Khowaiter, CTO of Aramco, said: “This is an important milestone for the development of low-carbon fuels that support the drive for more sustainable mobility. Sustainable synthetic fuels can help contribute to a low-carbon energy future, and this partnership demonstrates Aramco’s circular carbon approach by testing low-carbon synthetic fuel in one of the most demanding conditions.”

Martin Popilka, CEO of P1 Racing Fuels added: “P1 Racing Fuels has a long history of powering progress on the race track, but it doesn’t stop there. Developing sustainable fuels for motorsports brings us an important step closer to delivering similar products for everyday motorists – where fully renewable fuels could one day be available at the pump, and work with normal combustion engines with a fraction of the environmental impact.”

Aramco will leverage in-house technology expertise to explore improving engine efficiencies in the WRC. Working closely with motorsport experts from P1 Racing Fuels, this collaboration will tap into Aramco’s network of scientists and engineers located in the Company’s global research centers in Dhahran, Paris, Shanghai, and Detroit.

About Aramco

Aramco is a global integrated energy and chemicals company. We are driven by our core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world.