ENERGY (MSM)
By Anna Driver HOUSTON (Reuters) – Shareholders of the top two U.S. oil companies on Wednesday rejected proposals to add directors with climate change expertise to their boards, but a measure passed at one, Chevron Corp, could give new power to minority investors with environmental concerns. Proposals to add an independent director with expertise in climate change received the support of about 20 percent of shareholders at each company, according
Shareholders are considering whether Exxon Mobil should put a climate-change expert on its board. That is one of several environmental and company-governance resolutions on the agenda at the oil giant’s …
The Obama administration issued new rules Wednesday to protect the nation’s drinking water and clarify which smaller streams, tributaries and wetlands are covered by anti-pollution and development provisions …
Nearly 7,000 people in Canada’s Alberta province have been evacuated from the path of wildfires which threaten to ravage homes and businesses, including oil refineries in the region, officials said Tuesday. More than 1,600 firefighters are battling the 70 wildfires, 55 of which were sparked by lightning on Sunday. Fire has creeped to within 20 kilometers of homes or oil facilities, Alberta Forestry Minister Oneil Carlier said during a telephone
Absolutely, says the U.S. Department of Energy in a new report that details the benefits of replacing fossil fuel power plants with millions of wind turbines generating carbon-free electricity. Fossil fuel power plants consume huge amounts of water for cooling. If wind supplied a third of the nation’s electricity by 2050, it would save an estimated 260 billion gallons of water a year.
Iran will raise gasoline prices by some 40 percent beginning Tuesday, the country’s official news agency reported, the latest cut to the Islamic Republic’s fuel subsidies that cost it some $32 billion …
WASHINGTON (AP) — U.S. defense officials say Iran has entered the fight to retake a major Iraqi oil refinery from Islamic State militants.
French oil major Total is hosting a meeting of the world’s biggest oil companies over the sector’s action plan ahead of U.N. climate talks in Paris at the end of the year. Officials from Royal Dutch Shell, Saudi Aramco, Norway’s Statoil, BG Group and Italy’s Eni are in Paris to “work on an initiative” highlighting the oil & gas sector’s position in the global debate on climate change, several company
TOKYO (AP) — Prime Minister Shinzo Abe’s offer of $110 billion in fresh infrastructure financing for Asia is as much about Japan’s agenda for selling its clean coal know-how and other technologies as it is about keeping up with China.
UNITED NATIONS (AP) — A new report calls for investment in clean energy to be tripled to $1.2 trillion annually through 2030 to give more than one billion people worldwide access to electricity and help prevent global warming.
