ENERGY (MSM)

Look after fossil fuel workers in shift to clean energy: union chief

By Megan Rowling BARCELONA (Thomson Reuters Foundation) – Coal, oil and gas workers need a secure future as the world moves away from fossil fuel use, and governments and companies must plan to ensure any new global climate change deal is fair for all those impacted, a top trade unionist said. “We know that if governments and industry aren’t visionary enough to engage in a dialogue, to put the plan

Ghana replaces head of troubled Tema oil refinery

Ghana’s President John Mahama has replaced the head of the Tema Oil Refinery, the presidency said on Monday, in yet another management change at the cash-strapped 45,000 barrel-per-day plant. The facility, Ghana’s sole refinery, has been plagued with regular shutdowns due to lack of funds for its operations and for the supply of crude for processing. The new managing director, Kingsley Awuah-Darko, will be the refinery’s seventh managing director in

Oil companies played hardball in bid to defeat climate outsiders

Led by New York City Comptroller Scott Stringer and proposed at 75 U.S. companies in various industries this year, the so-called proxy access measure would give investor groups who own 3 percent of a company for more than three years the right to nominate directors. At the 19 oil and gas companies targeted, the aim was to demand more accountability on global warming. While the non-binding measure passed at two-thirds

Aden oil refinery ablaze as Yemen rebels shell port

Fire erupted at Aden’s oil refinery Saturday when rebels shelled the nearby port to prevent a Qatari ship carrying aid for Yemen’s devastated second city from docking, officials told AFP. “The rebels fired artillery rounds at the area and one hit an oil tank at the refinery, sparking a fire,” said an official at the Aden Refinery Company. A government official told AFP the rebels had targeted a Qatari vessel

Fossil fuel divestment alone will not halt climate change: Gates

Fossil fuel divestment would be ineffective on its own as a means of halting global warming, software billionaire and philanthropist Bill Gates said Friday. Pulling money out of carbon-heavy industry must be coupled with large spending on alternative technologies to make any difference, said the Microsoft mogul who is under fire for his charitable Bill and Melinda Gates Foundation’s reported $1.4-billion (1.3-billion-euro) investment in carbon-spewing companies like BP. The Financial

Britain to privatise Green Investment Bank

Britain is to begin selling stakes in its Green Investment Bank (GIB) to bring it into private ownership and to help it to grow, the government said on Thursday. Since the bank was created as a commercial venture at the end of 2012 to back green energy projects and to spur private sector investment it says it has invested 2 billion pounds in 50 projects worth over 8 billion pounds

Kenya's Lake Turkana Wind Power eyes Sept 2016 for first output

By Edmund Blair LAKE TURKANA, Kenya (Reuters) – Kenya’s Lake Turkana Wind Power project aims to start supplying some electricity as early as September 2016, once a transmission line is built linking the remote northern region to the national grid, a director of the project said on Wednesday. The transmission line was approved in August 2014 and will take about two years to build. Carlo Van Wageningen, a director of