Sempra Energy takes FID for Energia Costa Azul LNG project in Mexico

first_img Energía Costa Azul regasification terminal in Baja California, Mexico. (Credit: Sempra LNG) Sempra Energy’s subsidiary ECA Liquefaction (ECA) LNG has taken a final investment decision (FID) for the Energia Costa Azul (ECA) liquefied natural gas (LNG) export facility in Mexico.ECA LNG is a joint venture (JV) between Sempra LNG and Infraestructura Energética Nova (IEnova).The decision was taken for the development, construction and operation of the first phase of the ECA LNG project in Baja California, Mexico.Planned to be developed in two phases, the project involves conversion of existing regasification terminal in Baja California into a gas liquefaction and export facility.Sempra Energy said that the Phase 1 natural gas liquefaction-export project, which is expected to improve the trade balances of the US and Mexico, is claimed to be the only LNG export project in the world to reach FID in this year.IEnova CEO Tania Ortiz Mena said: “As one of the largest private investments in the history of Baja California, ECA LNG’s liquefaction-export project is expected to help support the Mexican economy through investment, tax revenue and jobs.“The project is also expected to positively impact the local community through social investment programs as well as help position Mexico as a key player in the global trade of natural gas.”Sempra LNG and IEnova to build the LNG export projectTo be built and operated by Sempra LNG and IEnova as a single-train liquefaction facility, the phase one will have a nameplate capacity of 3.25 million tonnes per annum (Mtpa) of LNG and an initial offtake capacity of nearly 2.5 Mtpa of LNG.The ECA LNG Phase 1 is estimated to cost nearly $2bn and Sempra expects to finance the project using a combination of equity contributions and debt.Slated to produce first LNG in late 2024, the ECA LNG Phase 1 is estimated to create over 10,000 direct and indirect jobs during the construction phase.Furthermore, TechnipFMC has also been given a notice to proceed for the engineering, procurement, and construction (EPC) contract for the ECA LNG project.In May, Sempra Energy and its partners started production from the first liquefaction train of the $10bn phase 1 of the Cameron LNG project in Louisiana. Construction of the first phase of LNG export project is estimated to cost nearly $2bnlast_img read more

Countrywide paints a (slightly) gloomy property picture

first_imgCountrywide believes that the Brexit vote has unsettled the UK economy, with  uncertainty surrounding the arrangements for leaving the EU and the effect it will have on trade and future economic growth.They expect a weaker economy and for this to affect house prices and transactions through consumer confidence, household incomes and the labour market.This is not the only factor affecting the path of house prices. Higher stamp duty continues to take its toll on the top end markets and after several years of double-digit price growth, expectations of future capital gain have weakened in many areas leading to reduced demand.Fionnuala Earley (left), Countrywide’s Chief Economist, said, “Forecasts in the current environment are trickier than ever as the vote to leave the EU has thrown up many risks. Our central view is that the economy will avoid a hard landing, which is good news for housing markets. However, the weaker prospects for confidence, household incomes and the labour market mean that we do expect some modest falls in house prices before they return to positive growth towards the end of 2017 and into 2018.“Not all of the corrections are due to the vote to leave the EU. Stamp duty and weaker house price growth expectations, particularly in London’s prime markets, have a part to play. There are supports to prices on the supply side from the continuing mismatch of supply. On the demand side, ultra-low interest rates and the significant discounts available to overseas buyers resulting from the fall in Sterling will help to support prices too.”UK house price growth expected to slow to 2.5% in 2016 and to -1% in 2017, recovering to 2% in 2018.House price growth forecast to slow across all regions of the UK over 2016 and 2017.London likely to see price growth slow to 3.5% in 2016 before a fall of 1.25% in 2017 and a recovery to 2% in 2018. Prime Central London (PCL) is expected to be the hardest hit with prices forecast to fall by 6% in 2016, rising to 0% in 2017 and 4.0% in 2018.Across the South and East of England price growth is also expected to slow in 2016 followed by small price falls in 2017 before returning to positive price growth in 2018. Prices in the South East are expected to ease to 3.5% in 2016 (9.6% in 2015) and -1% in 2017. We expect a similar path for house prices in the East and South West as prices adjust to weaker economic conditions and previous strong growth.Weaker economic conditions are also expected to hit prices in the North, the Midlands and Wales. The North East is expected to see price growth fall to 0.5% in 2016 and to -0.25% in 2017. Price growth in the North West, Yorkshire and Humberside, Wales and the Midlands is also expected to slow in 2016.propery prices forecast Brexit vote Countrywide economic research UK economy future economic growth September 3, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Housing Market » Countrywide paints a (slightly) gloomy property picture previous nextHousing MarketCountrywide paints a (slightly) gloomy property pictureEconomic risks and uncertainty point to house prices falling by 1% in 2017.The Negotiator3rd September 20160578 Viewslast_img read more

Sevmash Shipyard to Deliver INS Vikramaditya to India on Time

first_imgBack to overview,Home naval-today Sevmash Shipyard to Deliver INS Vikramaditya to India on Time View post tag: Navy Industry news View post tag: deliver The contract for repair and modernization of nuclear-powered aircraft carrier Admiral Gorshkov (renamed into INS Vikramaditya) for Indian Navy is being executed up to schedule, said Anastasia Nikitinskaya, the press secretary of Sevmash Shipyard.“As was earlier planned, sea trials will start in May 2012“, Nikitinskaya told Interfax.According to her, the shipyard began preparations for the carrier’s sea trials. “Prior to that, all shipborne systems will be degaussed in April”, added Nikitinskaya.As was reported earlier on, the modernization contract for aircraft carrying cruiser Admiral Flota Sovetskogo Soyuza Gorshkov was tied with India in 2004. The contract provided allocation of $974 mln for the ship’s reconstruction and upgrading, and $530 mln for delivery of 16 deck-based fighters MiG-29K, ASW helicopters Ka-27, and radar picket helicopters Ka-31.In Jan 2007 India suspended contract payments. In Nov that year Russia raised a question of additional financing needed.After Russian president’s visit to India in Dec 2008, Indian governmental committee for defense approbated beginning of negotiations on new price for the cruiser’s modernization. At present, the contract cost is unofficially evaluated as $2.3 bln.[mappress]Naval Today Staff , March 02, 2012; Image: indiannavy View post tag: India March 2, 2012 Share this article View post tag: Vikramadityacenter_img View post tag: Sevmash View post tag: News by topic Sevmash Shipyard to Deliver INS Vikramaditya to India on Time View post tag: Naval View post tag: INS View post tag: shipyard View post tag: timelast_img read more

Letter to Editor: Thanks to the Ocean City Community

first_imgTo the editor:How blessed we are to live in such a giving community!This past Saturday, the Ocean City Post Office held a food drive for the Ocean City Community Food Cupboard. Our community donated 8,407+ pounds of non-perishable food items to the Ocean City Food Cupboard.In addition, many volunteers from Girl Scouts, Boy Scouts, youth groups, religious classes, adult volunteers from Wesley Manor and various churches in the community rallied to off-load postal trucks, weigh, sort and shelve the items that were donated. A HUGE job!! Many thanks.I am extremely grateful to all the participants for giving so generously of their time to assist in this special food drive.Gratefully,Dorothy CianciCoordinator of the Ocean City Ecumenical Council Community Food Cupboardlast_img

News story: Final report on GP partnerships published

first_imgThe review, which began in May 2018, received written feedback from over 120 individuals and organisations.As part of his research, Dr Watson visited over 25 GP practices around the country, ranging from those that were experiencing challenges with recruitment and retention, to those that had developed innovative solutions to issues they faced.The government will respond to the recommendations.Dr Nigel Watson said: The final recommendations from the independent GP partnership review have been published.The review was led by Dr Nigel Watson.Using his research and his personal experience as a GP partner, Dr Watson sets out recommendations for the government, NHS England and other representative bodies.The recommendations include: reducing the personal risk and unlimited liability currently associated with GP partnerships the need for a wider range and capacity of healthcare professionals available for services in the community, embedded as part of general practice increased funding for GP training places and a more specialised focus in medical training on general practice as a positive career choicecenter_img General practice remains the fundamental building block of the NHS and essential for the health and wellbeing of the rest of the NHS. It is clear to me having talked to many GPs and others who work in general practice and also visited many parts of the country that there remains huge potential in terms of delivering high quality care based in the community delivered close to people’s homes. To unleash this potential, general practice needs to see a secure future which is associated with an expanded workforce, less personal financial risk and the working day being more manageable. The recommendations today I hope will not only be accepted by government and supported by the profession but make a real difference with more resources going to the delivery of care on the frontline.last_img read more

Hovis’ Farmers Loaf hits shelves

first_imgPremier Foods is launching a premium, British-inspired bread product under its Hovis brand this month.The new British Farmers Loaf aims to offer a ‘home-baked’ style loaf featuring a traditional overhang shape, baked in Hovis-embossed tins with a flour-dusted crust. It will be available in 800g white and wholemeal versions from April at an MRRP of £1.40.Matthew Hunt, brand director of Hovis, said: “Hovis has the potential to be a much bigger player in the premium bread sector. The new Hovis British Farmers Loaf has all the right ingredients to deliver this – it not only heroes our farmers and British credentials, but offers a unique, quality product with a home-baked feel that is set to deliver strong sales for the category.“Presented in impactful packaging which celebrates ‘Britishness’ and British farmers, it is designed to have stand-out on shelf and highlight the premium quality and uniqueness of the product.”The launch of the new Hovis product will be supported with a £3.5m TV and press promotional campaign running from May to September, in addition to in-store promotions and sampling to drive sales at point of purchase.last_img read more

PREMIERE: Bernard Purdie Recruits Cyril Neville To Sing The Blues On New Track, “Stranded”

first_imgBernard “Pretty” Purdie is one of the most talented and well-respected session drummers in the business. The self-proclaimed “Most Recorded Drummer in History,” Purdie has shaped the rhythm of American music for more than fifty years. Now, after nearly a decade without a solo release, he is stepping back into the spotlight with a new LP featuring 10 original tunes. Cool Down is due for its official digital release this Friday, May 18th (the album was released in vinyl form only last month as a part of Record Store Day). The brand-new album features Bernard Purdie alongside modern funk, soul and jazz heavyweights Ivan Neville (Dumpstaphunk), Pete Shand (The New Mastersounds), and Brian J. The album is also stacked with standout guest vocalists including Anthony Cole, Mayteana Morales (Pimps of Joytime), and more.In addition, Cool Down‘s final track, “Stranded”, features New Orleans legend Cyril Neville (The Meters/Neville Brothers), who adds his soulful vocals on top of Hammond B3 organ swells from his nephew, Ivan Neville, and a sparse but impactful drum line from Purdie. With so much talent in the room for the session, the song’s raw blues swagger hit the target hard on the band’s first shot. As Purdie explains of the sessions for “Stranded” featuring Cyril Neville:I really wanted to record a blues track on the album, so when we finished one song we were working on in the studio I just called a slow blues in B and counted it off. It was one of those one-take studio experiences, we just didn’t need to do it again. Cyril loved the song and came in to bless it with his soul-drenched voice. ‘Stranded’ is really on the level of international blues, whilst the song has all the trademarks of the blues. It’s raw, old-school, and a very honest rendition.Today, Live For Live Music is proud to give the world its first taste of Bernard Purdie’s “Stranded” featuring Cyril Neville ahead of Cool Down‘s digital release this Friday. Give the blues bombshell a listen below via Sugar Road Records:Bernard Purdie feat. Cyril Neville – “Stranded”You can see a full track listing for Cool Down below. For more information on how to purchase the album when it hits digital platforms this Friday, head to Bernard Purdie’s website.Bernard Purdie & Friends – Cool Down – Track Listing:1. Elevate2. Cool Down3. Shand Stand4. Money Bags5. Deep In Love featuring Mayteana Morales6. Better Man featuring Anthony Cole7. The Golden Tie8. Keep On9. Stranded featuring Cyril Nevillelast_img read more

Perfect colors, captured with one ultra-thin lens

first_imgMost lenses are, by definition, curved. After all, they are named for their resemblance to lentils, and a glass lens made flat is just a window with no special powers.But a new type of lens created at the Harvard School of Engineering and Applied Sciences (SEAS) turns conventional optics on its head.A major leap forward from a prototype device demonstrated in 2012, it is an ultra-thin, completely flat optical component made of a glass substrate and tiny, light-concentrating silicon antennas. Light shining on it bends instantaneously, rather than gradually, while passing through. The bending effects can be designed in advance, by an algorithm, and fine-tuned to fit almost any purpose.With this new invention described Feb. 19 in Science, the Harvard research team has overcome an inherent drawback of a wafer-thin lens: light at different wavelengths (i.e., colors) responds to the surface very differently. Until now, this phenomenon has prevented planar optics from being used with broadband light. Now, instead of treating all wavelengths equally, the researchers have devised a flat lens with antennas that compensate for the wavelength differences and produce a consistent effect — for example, deflecting three beams of different colors by the same angle, or focusing those colors on a single spot.“What this now means is that complicated effects like color correction, which in a conventional optical system would require light to pass through several thick lenses in sequence, can be achieved in one extremely thin, miniaturized device,” said principal investigator Federico Capasso. Read Full Storylast_img read more

DBA Role Elevates in the Cloud, New EMC Solutions There To Help

first_imgOracle Open World is an important time of year for Oracle customers to learn about everything Oracle. This year’s buzz is heavily focused on cloud computing. What is often overlooked is not all the cool tech, but how it will impact IT peoples’ day-jobs. DBAs are the nucleus around which all processes flow. As Oracle customers move to cloud computing, the DBAs’ role may change, but it won’t diminish. In fact, a recent IOUG survey of over 30,000 DBAs outlined their top weekly tasks including tuning performance, creating and maintaining copies of data, and managing uptime and availability.EMC invests heavily in providing Oracle DBAs tested solutions that filter out the fluff, document real-world results and provide technical guidance to help DBAs achieve outstanding results. Four new solutions have been published by EMC for Oracle DBAs.They include:Mixed Workloads With No Planning or Tuning – Historically, DBAs have frowned upon mixing non-production and production workloads on the same storage system. But with EMC XtremIO all-flash arrays (AFAs), it can now be done while maintaining SLAs and application performance. How is this possible? XtremIO’s unique architecture offers consistent and predictable performance at scale, including in-memory metadata and application copy services. These application copy services catalyze transformational levels of efficiency for DBAs, including:Providing development and QA teams with instant database copies with no space or SLA impact.Accelerating analytics workflows by delivering real-time and on-demand decision support extractions.Consolidating databases and scaling workload performance while — at less than half the cost of the current infrastructure.Database as a Service Without Production Impact – This new EMC solution shows DBAs how to use EMC AppSync to take control of database copy operations, including creating and restoring patch environments, creating test and development environments and using Oracle Snapshot Optimization to protect and restore production with or without Oracle hot backup mode. Creating copies is nearly instantaneous, so the timeframes shown are the actual times to click through the AppSync wizard to fully complete each process.Up to 20x Faster Oracle Backup and Complete DBA Control – Traditional backup solutions struggle to meet stringent SLAs for Oracle databases – especially the performance and efficiency required for databases stored on an all-flash array. In addition, many DBAs want full control of the RMAN backup process without involving the backup team. EMC Data Domain can offer the combination of performance, efficiency and control. Today, EMC announced ProtectPoint for XtremIO, which offers 20x faster backup and eliminates backup impact on Oracle servers – by empowering DBAs to backup directly from XtremIO to Data Domain via RMAN. For those organizations not ready for ProtectPoint, the EMC Solution here shows DBAs the steps to take full control of offloaded or online backups using DD Boost for Oracle RMAN. This includes showing how a 20 TB database can be backed up at 36 TB/hr. and also backed up while production runs online.The Next Evolution For DBAs: Self-Service Hybrid Cloud ComputingEMC solutions empower DBAs to handle their primary day jobs faster and easier, including cloud infrastructure management.This new EMC solution outlines step-by-step how DBAs can leverage EMC Hybrid Cloud to take control of database provisioning operations in a virtualized environment, including adding vCPU, memory and storage once provisioned. More EMC Hybrid Cloud Solutions for Oracle databases will be released soon!All of these solutions and others can be found on the DBA Society, where DBAs can engage other DBAs and EMC’s own database and analytics experts – we encourage all DBAs to join and become an agent of efficiency!last_img read more

Four more years

first_imgCHICAGO – Forward. For months, President Barack Obama has been asking voters to help him move forward to four more years in office. On Tuesday, the voters did just that. hat remained a tight race until well after the polls closed Tuesday, Obama defeated Republican opponent former Mass. Gov. Mitt Romney in an Electoral College battle to win a second term in office. Obama nearly swept the hotly contested battleground states to solidify his victory, carrying Colorado, Iowa, Ohio, New Hampshire, Virginia and Wisconsin. At Obama’s election night rally at McCormick Place in Chicago on Tuesday night, crowds cheered periodically throughout the night as major television news outlets predicted electoral victories in those swing states, culminating with rousing applause and joyful cheers from supporters when the first reports began projecting an overall victory for the incumbent president at 10:20 p.m. Because votes in many states had yet to be counted at the time of those projections and races in Ohio and Florida were too close to call, Romney delayed formally conceding the election at his Boston headquarters 11:55 p.m., when he delivered a formal address to supporters. When Romney began his concession speech with congratulations for Obama, the Chicago crowd erupted into cheers and began chanting, “Four more years!” almost immediately after Romney concluded his five-minute address. But the energized crowd had to wait until 12:38 p.m. for Obama, First Lady Michelle and their daughters Malia and Sasha to take the McCormick Place stage prior to the President’s address. With his signature rhetorical flair, Obama began his speech by thanking his fellow Americans for their perseverance in the face of significant challenges and expressed hope for the future of the country. “Tonight … you, the American people, reminded us that while our road has been hard, while our journey has been long, we have picked ourselves up, we have fought our way back, and we know in our hearts that for the United States of America, the best is yet to come,” he said. Throughout the 20-minute speech, Obama relied on anecdotes of ordinary Americans’ experiences to highlight his vision for a “generous America, a compassionate America, a tolerant America” and emphasize their unique roles in shaping American democracy as a whole. “Democracy in a nation of 300 million can be noisy and messy and complicated,” he said. “We have our own opinions. Each of us has deeply held beliefs. And … when we make big decisions as a country, it necessarily stirs passions, stirs up controversy. That won’t change after tonight.” “These arguments we have are a mark of our liberty, and we can never forget that as we speak, people in distant nations are risking their lives right now just for a chance to argue about the issues that matter.” Invoking his campaign slogan – “Forward” – Obama addressed the audience, the country and the world about the reality of progress in America and the need to “move forward” as a united nation. “We will disagree, sometimes fiercely, about how to get there. … Progress will come in fits and starts,” he said. The president made an appeal directly to those who voted for his opponent, calling the election a new beginning for increased communication and collaboration. “A long campaign is over,” he said. “Whether I earned your vote or not, I have listened to you. I have learned from you. And you’ve made me a better president.” Freedom and responsibility extend to all Americans, regardless of individual background, to make a place for themselves in our diverse nation, Obama said. “I believe we can keep the promise of our founding, the idea that if you’re willing to work hard, it doesn’t matter who you are or where you come from or what you look like,” he said. “It doesn’t matter whether you’re black or white or Hispanic or Asian or Native American or young or old or rich or poor, abled, disabled, gay or straight. You can make it here in America if you’re willing to try.” As he closed his address, Obama asked the country to “sustain that hope” he campaigned on in 2008 and use it to change America’s future. “I believe we can seize this future together because we are not as divided as our politics suggests. … We are greater than the sum of our individual ambitions and we remain more than a collection of red states and blue states. We are, and forever will be, the United States of America.” After the President’s rousing conclusion and a shower of confetti on the audience, Ziwe Fumudoh, a 20-year-old junior at Northwestern, said the Election Night experience was “life-changing.” “The atmosphere tonight was absolutely electrifying,” she said. “This was my first time voting ever, so it was nice to be around people who have the same ideas about where this country should go.” Monica Yi, also a Northwestern junior and first-time voter, said the rally amplified her feelings about the President going into his second term. “I’m a huge Obama supporter, so this was amazing and one of the coolest things I’ve ever experienced,” she said. “I thought his speech hit all the good points I wanted to hear, so I’m really psyched for the next four years, and I think we have a lot to look forward to.”last_img read more