Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
New EU energy and climate head sells oil shares
by Staff Writers
Strasbourg, France (AFP) Sept 16, 2014


The EU's incoming energy and climate commissioner said on Tuesday he is selling his shares in oil firms to avoid any conflict of interest ahead of a grilling by the European Parliament.

Spain's Miguel Arias Canete was named last week by Jean-Claude Juncker, who takes over as head of the European Commission in November, as part of the new team that will lead the EU's executive branch.

But all 27 commissioners nominated by Juncker face tough questioning by European legislators in interviews from September 29 until October 7, before the parliament votes on the whole team on October 22.

Canete, the former Spanish agriculture minister, has in particular faced criticism for his shares in energy companies and separately over allegedly sexist comments.

"I gave instructions to divest my shares in the energy sector the moment I was nominated... to avoid even the slightest notion of potential conflict of interest", Canete said in a statement released by the parliament's dominant centre-right European People's Party conservative bloc, of which he is a member.

He said the sale of his shares in the Petrolifera Ducar and Petrologis Canarias oil storage firms will be completed by Thursday.

Canete declared in June that his shareholdings in the two firms were worth around 326,000 euros ($423,000) in 2011.

The energy and climate job is an important one, with the Ukraine crisis threatening Europe's gas supplies from Russia.

Canete has faced pressure from the environmental group Greenpeace to settle his "conflict of interest" and improve his environmental record.

He also sparked controversy when he implied he had "intellectual superiority" over a "helpless" female socialist rival during the campaign for the European elections in May. He was forced to apologise.

The chairman of the socialist group in the European Parliament, Gianni Pittella, said Canete had a possible "conflict of interest" and said all candidates would face a tough grilling over their professional competence and ethical standards.

The co-chairman of the Greens Group in parliament, Rebecca Harms, promised Canete would face a particularly tough hearing, alluding to the sexist remarks he made.

Incoming economic affairs commissioner, France's former finance minister Pierre Moscovici, and Britain's Jonathan Hill, given the financial services brief, are also both set for a grilling according to Philippe Lamberts, the co-chairman of the Greens.

But the nominee that "concerns us the most" is Hungary's Tibor Navracsics, whom Juncker named for the education, culture, youth and citizenship post, said Pittella.

Navracsics is close to Hungary's Prime Minister Viktor Orban, whose relations with the EU are strained because of his crackdown on the courts, the media and non-government organisations.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
New York Times report on oil rubbish, Ankara says
Ankara, Turkey (UPI) Sep 15, 2014
Turkish Energy Minister Taner Yildiz said a report Ankara wasn't doing enough to interrupt oil ties to the Islamic State was part of smear campaign. Yildiz said the government in Ankara is abiding by laws meant to curb the trade of oil taken from territory controlled by the Islamic State. "We have not been informed about it, and the whole world knows we would take necessary measu ... read more


OIL AND GAS
Microsoft powers up game platform with 'Minecraft'

Math Tools Maximizing Value of Scientific Data and Accelerating Discovery

Hewlett-Packard buys cloud-computing firm Eucalyptus

Scientists review new ways to process and analyze Big Data

OIL AND GAS
Middle East entity orders Harris tactical radios

FirstNet-related Tactical LTE Communications System at Urban Shield Exercise

Intelsat General Extends Contract to Provide Satellite Capacity to Forces in Afghanistan

UAE contracts for enhanced tactical communications

OIL AND GAS
MEASAT-3b and Optus 10 given go-ahead for Ariane 5 Sept 11 launch

SpaceX launches AsiaSat 6 satellite

SpaceX launches second satellite in the past month

Sea Launch Takes Proactive Steps to Address Manifest Gap

OIL AND GAS
Lockheed Martin-Built gps IIR/IIR-M satellites reach 200 years of combined operational life

Australia approves GPS project

Too Early for Conclusions on Galileo Satellites Incident

Russia's Foton-M Satellite Landing Scheduled for September 1

OIL AND GAS
IBC Engineered Materials to Supply BeralCast Castings for F-35

Congress notified of possible helo sale to Brazil

Flight MH17 hit by numerous 'high energy objects'

Singapore has full fleet of Alenia Aermacchi trainer planes

OIL AND GAS
Squeezed quantum communication

Layered graphene sandwich for next generation electronics

A low-energy optical circuit for a new era of technology

Computer simulations visualize ion flux

OIL AND GAS
EIAST announces Remote Sensing Applications Competition 2014

NASA's RapidScat: Some Assembly Required - in Space

NASA Awards Ozone Mapping and Profiling Suite Modification for JPS-2 Mission

Bardarbunga Belches

OIL AND GAS
Scientists discover hazardous waste-eating bacteria

A Mexican plant could lend the perfume industry more green credibility

New plan to avoid dumping dredge waste on Great Barrier Reef

Giant garbage patches help redefine ocean boundaries




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.