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

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The combination of these two complementary portfolios will allow the Group to manage an overall volume of around 40 million tonnes of LNG per year by 2020, making Total the second largest global player among the majors with a worldwide market share of 10%. —Patrick Pouyanné, Chairman & CEO of Total.

Global 150
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Bank of America joins Stanford’s Global Climate & Energy Project

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Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. All of humankind needs energy that is reliable, cleaner and more affordable.

Climate 218
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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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itself will focus on renewables, distribution networks, and customer solutions. 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 SE shareholders. SE shareholders. In 2015, E.ON

Power 244
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Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

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Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. spodumene concentrate 6%) production capacity of ~500 ktpa. spodumene concentrate expanding to ~700 ktpa.

Supplies 243
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Mercedes-Benz announces strategic partnership and equity stake in Chinese battery cell manufacturer Farasis

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Current contracts with Farasis have been supplemented and include, in addition to technical and commercial contractual components, expanded legal and sustainability requirements. The first result was the production of battery cells with electricity from renewable energies such as hydropower, wind and solar energy.

Mercedes 396
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EC proposes modernizing EU legislation on batteries to enhance sustainability and safety

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Providing legal certainty will additionally help unlock large-scale investments and boost the production capacity for innovative and sustainable batteries in Europe and beyond to respond to the fast-growing market. This is mostly driven by electric transport making this market an increasingly strategic one at the global level.

Batteries 359
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Current levels of investments in low-carbon technology and infrastructure are substantially lower than the $500 billion per year deemed necessary by the International Energy Agency (IEA) to hold the increase of global average temperatures below 2 °Celsius—the target agreed to in Cancun last year.