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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. The hydrogen market is on the verge of a revolution. MMbtu in Russia, $8.7/MMbtu

Gas 243
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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So far, the policy focus has been on empowering the early winners of an unfolding renewable-energy race. Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

Carbon 207
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A Glimpse Into The Post-Oil Era: How The Uneven Impacts Of 2025-2030 Peak Oil Demand Will Shape The Future Of Energy

CleanTechnica EVs

As Sheikh Zaki Yamani, a former Saudi oil minister, once said, “The stone age came to an end not for a lack of stones, and the oil age will end, but not for a lack of oil.” But some oil will still be being pumped at the end, and it won't be heavy, sour, far from water crude.

Oil 119
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Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

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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
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Europe moves forward on the Energy Union; transport key element

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94% percent of transport relies on oil products, of which 90% is imported. Further, the Commission will work with Member States to develop access to alternative suppliers, including from the Southern Gas Corridor route, the Mediterranean and Algeria, in order to decrease existing dependencies on individual suppliers.