Remove Algeria Remove Hydrogen Remove Oil Remove Supplies
article thumbnail

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. Clean hydrogen could abate up to 37% of energy-related greenhouse gas emissions, according to BNEF estimates. —Jon Moore, CEO of BNEF.

Gas 243
article thumbnail

Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

Green Car Congress

Additional payments of up to $550 million could be payable by Total in case of an improvement in the oil markets in the coming years. In addition, in parallel with this transaction, Total and Engie agreed to cooperate to promote the use of biogas and renewable hydrogen, with Engie becoming Total’s priority supplier in this field.

Global 150