Showing posts with label chief. Show all posts
Showing posts with label chief. Show all posts

First Solar operations chief Sohn departs

Posted by The Popular News Today on Wednesday, June 8, 2011

Tweet Share this By Nichola GroomLOS ANGELES (Reuters) - First Solar Inc's president of operations, Bruce Sohn, will leave the world's most valuable solar company at the end of April and will not be replaced, the company said on Wednesday.Sohn, who has steered... EmailPrint Related NewsExxon's CEO compensation up 6.6 percentWed, Apr 13 2011UPDATE 3-JPMorgan CEO Dimon's pay jumped to $20.8 mln in 2010Thu, Apr 7 2011GE bets $600 million on solar, sees plant up by 2013Thu, Apr 7 2011Goldman to buy Buffett's $5 billion preferred sharesFri, Mar 18 2011 Analysis & OpinionHow SecondMarket worksCisco takes first small step to focusing on core Related Topics Green Business » Stocks   By Nichola Groom

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China energy chief warns of summer power shortage risk

Posted by The Popular News Today on Monday, April 25, 2011

BEIJING | Mon Apr 25, 2011 8:24pm EDT

BEIJING (Reuters) - China must brace to cope with power shortfalls as the country enters the high energy-consuming summer months, and will ensure supply to residents and key sectors, the head of the National Energy Administration has said.

Liu Tienan, the head of the energy administration, said supplies of coal, oil, natural gas and power in the first quarter had been steady, the official Xinhua news agency reported late on Monday. But Liu warned the peak summer season was likely to bring strains.

"Owing to excessively heady demand, even with production and supply growth in the double digits, supplies of coal, power and oil in some regions are still tightening, and future trends give no grounds for optimism," Liu told an official meeting on Monday, according to Xinhua.

"Our country must vigorously prepare for the peak summer season in power (demand)," he added.

Liu did not give details of how the government plans to cope with any power shortages, but he said energy supplies for residents and important industries must be ensured.

"Ensure the supply of coal, power, oil and gas for key sectors, key periods and key regions," he said, without specifying them.

Liu's comments echoed a warning from the National Energy Administration last week, when it said power demand would grow faster than it previously thought.

The agency forecasts electricity consumption would grow about 11 percent year-on-year to 2.2 trillion kWh in the first half of 2011, with full-year consumption of 4.61-4.69 trillion kWh, a growth rate of 10-12 percent.

China's overall power consumption in March increased 13.4 percent from a year earlier and gained 12.7 percent on the year in the first quarter, as pent-up demand emerged after a power crackdown late last year.

The central provinces of Hunan, Jiangxi and Chongqing have introduced power use curbs since March, and Hubei province is also likely to impose restrictions, with low coal stocks at power plants and low water levels for hydropower generation.

Liu called for longer term reforms to smooth out energy demand and supply.

"Our country should speed up developing an emergency coal stockpile and energy pricing reforms," he told the meeting.

"The task of controlling overall energy consumption to within reasonable levels is urgent and arduous."

(Reporting by Chris Buckley; Editing by Ken Wills)

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Obama's oil spill chief reflects a year later

Posted by The Popular News Today on Sunday, April 17, 2011

Adm. Thad Allen (Ret.), national incident commander for the Gulf Oil Spill, testifies at the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling hearing on ''the response to the BP Deepwater Horizon oil spill, environmental impacts, and approaches to restoration'' in Washington, September 27, 2010. REUTERS/Hyungwon Kang

Adm. Thad Allen (Ret.), national incident commander for the Gulf Oil Spill, testifies at the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling hearing on ''the response to the BP Deepwater Horizon oil spill, environmental impacts, and approaches to restoration'' in Washington, September 27, 2010.

Credit: Reuters/Hyungwon KangBy Chris Baltimore

HOUSTON | Sat Apr 16, 2011 10:27am EDT

HOUSTON (Reuters) - The man the Obama administration chose to lead the fight against the worst offshore oil spill in U.S. history gave BP Plc credit for capping its stricken well but criticized its shoreline cleanup efforts.

Retired Coast Guard Admiral Thad Allen was the face of the federal government's response to the disaster, which held the world's attention during the 87 days that London-based BP's mile-deep Macondo well spewed more than 4 million barrels of oil into the Gulf of Mexico.

It all began on April 20, 2010, when an explosion aboard the Deepwater Horizon drilling rig killed 11 workers and unleashed a torrent of oil that fouled the shorelines of four Gulf Coast states.

At the height of the disaster Allen was in charge of the 47,000 workers and 7,000 ships that swarmed the Gulf Coast in the cleanup campaign. Nearly a year later the cleanup continues but Allen is back in retirement.

"Everyone wants to know, was there a sole cause, who's accountable, who's responsible for what happened," Allen told Reuters in an interview on Friday. "In my view there is just no simplistic answer here."

Even though there were several bungled attempts to cap the well over almost three months, Allen said BP's best work was done at the well site, off the Louisiana coast.

"Frankly, when I look at BP's effectiveness, they were more effective the closer they got to the well and they were probably less effective the further they got away from it," he said.

Allen criticized BP for fumbling in its efforts to mobilize a small army of contractors and sub-contractors who were charged with cleaning up the oil from the sensitive marshlands of Louisiana to the gleaming beaches of Florida.

"What they didn't realize was that was the lens by which the public evaluated the response," he said. "It's very hard to outsource core values -- compassion and empathy -- to a contractor."

The fate of the oil that gushed into the ocean is still "a huge question," Allen said. "We need a very robust research effort over the next several years to really understand the fate of the oil in the water."

Over "working dinners," Allen said he got to know BP's gaffe-prone chief executive Tony Hayward and Bob Dudley, the American who took his place.

"They were both professional, they were both responsive," Allen said. "When I asked them a question I got an answer."

Allen declined to directly criticize Hayward or Dudley but he did remark on some candid utterances that eventually led BP's board of directors to dismiss Hayward.

Hayward was pilloried in the United States for complaining he wanted his "life back" weeks after the deadly rig explosion.

"Obviously Tony Hayward on a couple of occasions revealed some personal opinions about what was going on," Allen said. "Senior leaders aren't allowed that luxury."

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