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Woodside CEO slams coal industry: 'Give me a break, who coined clean coal.'

2015-06-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Review: Woodside chief executive Peter Coleman has joined the heads of the world's largest oil companies in attacking the environmental impact of coal and pushing gas as a cleaner alternative in electricity generation ahead of critical climate change talks in December. Mr Coleman gave a punchy speech at the World Gas Conference in Paris on Wednesday during which he ridiculed the concept of "clean coal" and argued that only a combination of natural gas and renewable energy sources was "not simply a global...

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Shell CEO: We cant ignore the importance of renewable energy

2015-06-04 12:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Shell boss Ben van Beurden has told an OPEC meeting that traditional energy sources must integrate and work together with clean technologies to provide sustainable and economically-sensible power for the future. Speaking in Vienna on Thursday, van Beurden said that the global energy system is going through a transition from coal and oil to a low-carbon model, where natural gas, renewables and carbon capture and storage (CCS) technology play a key role. In a world where, as we heard recently,...

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Ford Motor Company CEO Mark Fields Elected Chair of the US-China Business Council

2015-06-04 11:30:36| Appliances - Topix.net

The US-China Business Council announced today the election of Ford Motor Company Chief Executive Officer Mark Fields as USCBC chair as well as the election of other officers and board directors. "Since 1973, the US-China Business Council has been a leader in building commercial relations with China," Fields said.

Tags: business company mark motor

 

Shell CEO: Industry must tackle climate change

2015-06-04 11:11:00| Climate Ark Climate Change & Global Warming Newsfeed

MarketWatch: Royal Dutch Shell PLC's (RDSA) chief executive on Thursday urged the oil industry and governments to work more closely to tackle the "massive challenge" presented by climate change and growing energy demand. "I believe 20 years from now if we don't act global public opinion will be unforgiving," Ben van Beurden told an OPEC seminar in Vienna. The Anglo-Dutch oil major's head said that the world is undergoing a profound energy transition as demand continues to grow and climate change concerns mount....

Tags: change industry ceo shell

 

Oi planning tower, real estate sale to cut net debt - CEO

2015-06-04 09:43:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi is planning to divest its mobile tower and real estate portfolio across the country to further cut its debt after closing the sale of Portugal Telecom to French telecom holding company Altice. In an interview with the Financial Times, the company's CEO Bayard Gontijo said Oi would need to take further steps including asset sales to restore its balance sheet even after raising EUR 7.4 billion from the Portugal Telecom sale. He said the group was in talks with the Brazilian government to obtain approval to sell real estate as well as 1,000 mobile towers in the country. "We have to do other things to deal with the leverage and avoid anything drastic," he said, adding that "we are selling our call-centre company. We own 7,000 properties but we are not a real estate company. We are working on getting the approval [to sell]".

Tags: net real estate sale

 

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