TotalEnergies is investing more than $400 million into LPG for the purpose of cooking, the global energy company announced at the International Energy Agency’s (IEA) Clean Cooking Summit.
The initiative is part of TotalEnergies’ plan to provide more than 100 million people in Africa and Asia access to clean cooking by 2030. According to the IEA, more than 2.3 billion people across the world do not have access to clean cooking methods.
Using LPG is an alternative to cooking with ‘dirtier’ forms of energy, such as wood or coal. According to TotalEnergies’ press release, access to LPG will improve air quality and thus people’s health, save time and reduce CO2 emissions and deforestation.
“By developing access to clean cooking in Africa and India, TotalEnergies aims to have a positive impact on the environment and on people’s health, while also helping to reduce gender inequalities in these regions,” said Patrick Pouyanné, chairman and CEO of TotalEnergies. “Clean cooking contributes to long-term social, economic and human development in a more sustainable way.”
In an effort to make clean cooking more affordable, TotalEnergies is also developing a digital pay-as-you-cook method as opposed to paying the full value of an LPG cylinder up front.
Recommended Reading
Nabors Takes to Global Expansion in 3Q as Rig Count Shrinks in Lower 48
2024-10-25 - Nabors Industries saw broad growth across key international geographies in third-quarter 2024, with more rig deployments expected.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks
2024-10-11 - The oil and gas rig count rose by one to 586 in the week to Oct. 11. Baker Hughes said the total count was still down 36 rigs or 6% from this time last year.
US Drillers Cut Oil, Gas Rigs for Fifth Week in Six, Baker Hughes Says
2024-09-20 - U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week.
Patterson-UTI Updates Drilling Rig Status
2024-09-10 - Patterson-UTI’s monthly announcements represent the company’s average number of revenue-earning drilling rigs in the U.S.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
2024-10-04 - The oil and gas rig count fell by two to 585 in the week to Oct. 4.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.