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

Green Car Congress

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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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 has established leading positions in conventional power generation in Europe and Russia. SE shareholders. —E.ON

Power 244
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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. Click to enlarge.

Market 210
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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

Systems such as pledge-and-review set up in Copenhagen and Cancun are a useful way forward in the absence of an internationally legally-binding agreement, but individual Governments must provide urgent political leadership—that is not happening at present. A strong move towards a green economy and global equity is central to the debate.

Emissions 210
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The Case for Nuclear Cargo Ships

Cars That Think

Russia currently operates seven nuclear-powered icebreakers. The majority of global shipbuilding happens in South Korea, Japan, and China. Russia, China, and South Korea are now working on floating nuclear power plants, mainly water-cooled SMRs that will be either mounted on barges or submerged underwater close to shore.

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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