Total unveils carbon strategy

Issue 424 - 08 Oct 2020

As European majors look to a lower carbon future, Total has underlined its continued commitment to Africa as part of its strategy for carbon neutrality by 2050. On 30 September, the French major outlined global plans to transform itself from an oil and gas company into a broader energy company by focusing on LNG and electricity. Total aims to increase energy production by a third in the next decade, roughly from 3m to 4m boe/d, with half of the expansion coming from LNG and half from electricity, mainly from renewables.

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