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IRENA: Mexico can more than quadruple share of renewable energy by 2030

Green Car Congress

The scale-up of renewables can drive diversification in Mexico’s energy supply, potentially reducing coal demand by 62%, natural gas by 21% and oil by 6% in 2030, compared to what current policies would achieve. Mexico could generate up to 46% of its electricity, or 280 terawatt-hours (TWh), from renewable sources each year.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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Ichthys will develop approximately 3 billion barrels oil equivalent of reserves, including around 500 million barrels of condensate. million tons per year) has already been sold for 15 years under oil-linked price contracts, mostly directed to third-party consortiums of Taiwanese and Japanese buyers including INPEX.

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