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Iraq, Total mull joint work on associated gas, solar power projects
Iraq and French oil major Total are in talks to jointly work on developing associated gas and solar power projects, the country's oil minister said March 17, as OPEC's second largest producer seeks to reduce dependence on Iranian energy imports needed for power generation.
read more... 18/03/2021
Invest $131 trillion in clean energy by 2050 to hit climate goals
Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study published on Tuesday.
read more... 16/03/2021
Total Reinforces its Commitment to Develop Singapore Into a Major LNG Maritime Hub for Asia
The Maritime and Port Authority of Singapore (MPA) has awarded a third Liquefied Natural Gas (LNG) bunker supplier license to Total’s subsidiary in charge of worldwide bunkering activities, Total Marine Fuels Private Limited, for a five-year term starting January 1st, 2022.
read more... 16/03/2021
UK drives upcoming oil and gas projects in Europe
The UK is expected to drive the upcoming projects across oil and gas value chain in Europe, accounting for about 25% of the total projects which are likely to start operations by 2025. Amongst these, new build projects lead with 62% while the remaining are expansion projects mainly in the upstream sector (fields), according to GlobalData, a leading data and analytics company.
read more... 15/03/2021
UK to set up green infrastructure bank
The bank will be able to deploy £12bn of equity and debt capital and issue up to £10bn of guarantees. It should support up to £40bn of total investment, Sunak said.
read more... 04/03/2021