ENGIE aims to switch to 100% green gas by 2050

13/12/2017 14:25 Renewable


French energy firm ENGIE revealed its plans to get rid of natural gas by 2050.

The company wants to shift totally its gas operations to biogas and renewable hydrogen during this period.

According to the firm’s predictions, biogas from agricultural and other waste, without using food crops, has a capability to increase from approximately 1% of gas use in France to 10% by 2025, 30% by 2030 and 100% by 2050.

The French company is running 70 biogas projects globally, counting 40 in France.

Engie’s Chief Executive, Isabelle Kocher, declared: “We will progressively make our gas greener so that by 2050, it can be 100% green.”

In 2018, Gazprom plans to invest $3.2 billion in TurkStream

16/01/2018 14:32:00

Russian major gas firm Gazprom plans to fund an amount of 182.4 billion roubles ($3.2 billion) this year in TurkStream natural gas pipeline project.


EBRD backs France’s Urbasolar plant in Kazakhstan

16/01/2018 13:50:00

The European Bank for Reconstruction and Development (EBRD) is backing French energy firm’s Urbasolar SAS in its intention to construct a solar power plant in Kazakhstan.


Daily (16.01.2018): Brent crude settled close to a 3-year peak above $70 a barrel on tightening supplies

16/01/2018 11:24:00

Oil prices jumped to near a three-year peak above $70 a barrel on Monday on signs that output reductions by OPEC and Russia are tightening supplies, although analysts warned of a "red flag" due to surging U.S. production.