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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. With the equity stake in the Cameron LNG project, Total will also become an integrated player in the US LNG market, where the Group is already a gas producer. This transaction will bring to Total: 2.5

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

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