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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. 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.

Global 150
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

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.

Market 210
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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

In spite of further challenges resulting from the diesel issue and the persistently difficult conditions in vehicle markets such as Brazil and Russia, the Group delivered 10.3 billion) of the special items arising from known risks in the reporting period was attributable to the diesel issue, especially for hedging of legal risks.

2016 150
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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

Green Car Congress

The existing conventional generation, global energy trading, and exploration and production businesses will be combined in a new, independent company (“New Company”), a majority of which will be spun off to E.ON will place a particular emphasis on expanding its wind business in Europe and in other selected target markets. —E.ON

Power 244
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Autonomous driving tech faces geopolitical ‘winter’ on road to mainstream – ET Auto

Baua Electric

The incidents in the US, involving GM’s Cruise and Waymo robotaxis have also triggered debates over autonomously driving cars globally too. It’s a market of reputation, and we are not willing to take any shortcut if they do not create a safe solution”. It’s a key step towards Tesla’s ambition to offer fully autonomous vehicles.

Auto 52
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Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

Green Car Congress

Bringing developing countries into the carbon markets in order to encourage low carbon development, provide finance and make the most of mitigation opportunities. It is simply not acceptable that major developed nations such as the US are not behind a global agreement. International climate negotiations can only go so far.

Emissions 210
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

Digitalization and the field of mobility services in particular offer high earnings potential, said Müller, adding that the Group will soon form a legally independent, Group-wide company to promote business in the mobility services of the future with the necessary speed, entrepreneurial focus and the required agility. billion in total.

2015 150