UK oil and gas industry appeals for government support in tackling price crash

Posted On May 7 2021 by

first_img North Sea oil rig (Credit: Flickr/Gary Bembridge) The UK oil and gas industry is in a “paper-thin position” and in need of government support to help it cope with the global price crash and coronavirus-weakened demand, a trade body has said.OGUK, which represents UK operators particularly in the prolific North Sea region, warned “severe pressures” are building across the sector’s supply chain, which are likely to undermine businesses, jobs and economic viability.In its latest market outlook report, the organisation forecasts drilling levels to recede to the lows experienced in 2016, while capital investment for the year ahead could decline up to 30% as margins grow tighter.OGUK chief executive Deirdre Michie said: “Action is needed now to ensure the sector doesn’t lose the skills, experience and infrastructure it needs to meet the UK’s energy needs of today, as well as help deliver its net-zero ambitions in future.“We appreciate the Chancellor’s recent statement, and OGUK is requesting urgent meetings with ministers to consider a Covid-19 sectoral resilience package, which would help to give some reassurance to the regions, businesses and jobs this industry supports.”Responding to the industry’s call for government backing, Greenpeace UK executive director John Sauven agreed that oil and gas workers deserved support to stop their jobs being “crushed” by the combination of Covid-19, the escalating price war between Russia and Saudi Arabia, and the ongoing low-carbon transformation.He cautioned, however, that lessons should be learned from the bailout measures afforded to banks during the 2008 financial crisis.“Any bailout has to be tied to keeping people in employment and supporting oil workers. The government must rise to the challenge and avoid the cost of the health crisis exacerbating the climate crisis. The best remedy to both is pumping money now into the low-carbon transition to offer oil workers a clean energy future,” he added. Trade body OGUK, which represents oil and gas operators in the North Sea, says the industry is facing “severe pressures” as coronavirus hastens the price crash UK North Sea oil supply chains unable to ‘absorb much more pain’ as price crash deepensThe spread of the coronavirus pandemic has led analysts to slash demand forecasts for oil and gas, with the International Energy Agency (IEA) most recently predicting the first oil demand contraction in a decade of roughly 90,000 barrels per day.This, coupled with the escalation of a price war between Saudi Arabia and Russia and the prospect of increased global production from next month, has rattled commodity markets and sent crude oil prices into a tailspin, reaching their lowest levels yesterday (18 March) since the early 2000s.Operators are now scrambling to come to terms with the new reality, with many announcing plans to cut capital spending as investors turn their backs on Big Oil.OGUK’s market intelligence manager Ross Dornan said: “It remains uncertain as to how the market is going to evolve in the coming months as the coronavirus impact increases each day.“The UK Continental Shelf (UKCS) has seen significant improvement in its competitiveness, efficiency and productivity in recent years. These improvements will help performance, however, in this harsh environment, we expect companies to take significant steps to preserve cash flow and ensure business continuity.“This will have a very negative impact on the supply chain, which has not yet seen much recovery from the previous downturn and doesn’t have the capacity to absorb much more pain.“Companies are increasingly diversifying into other energy sectors and across industries more generally, but many cannot diversify or are too early in their journey to provide adequate protection/buffer.“At this time innovative thinking, partnerships and meaningful collaboration will be required to help as many as possible to weather the storm.”last_img read more


Munster claim bragging rights again

Posted On Sep 20 2020 by

first_imgMunster were full value for their 28-13 derby victory at Thomond Park as they completed their first Guinness Pro12 double over Leinster since 2009. Stand-in captain Shane Jennings responded with Leinster’s lone try, but they could not avoid their first league defeat since Munster visited them in early October. The Irish Rugby Football Union player welfare programme may have robbed this festive fixture of some of its headline acts – including the likes of Peter O’Mahony, Paul O’Connell, Rob Kearney and Jamie Heaslip – but it was, nonetheless, a full-blooded encounter. Keatley and Ian Madigan swapped early penalties, Munster forcing a maul infringement initially and then their loosehead John Ryan was pinged for not rolling away quickly enough. Faced with bunched midfields, both kickers cleverly exploited the space in behind before the Munster pack got on the front foot with some muscular carries. Leinster had to replace a groggy Dominic Ryan and as they adjusted, the hosts struck for the game’s opening try. Stander, who temporarily lost his jersey, raced onto a Duncan Williams pass to make the line despite the presence of Luke Fitzgerald and Dave Kearney. Keatley missed the conversion but soon threatened on an arcing run over halfway, Leinster scrambling back and then responding with a strong scrum on the hosts’ 22. Keatley was caught offside, allowing Madigan to close the gap to two points, albeit only briefly as Ryan’s replacement Jordi Murphy coughed up a penalty which Keatley forced through the posts. Madigan curled his next penalty effort wide and Leinster fell further behind in the opening minutes of the second period, Keatley’s flat pass seeing Conway crash through three tacklers and he had Isaac Boss hanging off him when he touched down. The left-sided conversion was added by Keatley to open up an 18-6 advantage and despite plenty of endeavour from Fitzgerald and Zane Kirchner, Leinster were getting little change from a resolute Munster defence. Winger Fanning earned his yellow card for pinching a ruck ball that referee Nigel Owens deemed was not out, and that allowed Munster to dictate play approaching the hour mark. Keatley landed the first of two penalty attempts and Foley’s charges then hurt Leinster up front again, picking and carrying at close quarters until O’Callaghan evaded the grasp of both Jennings and Kane Douglas to score with 62 minutes gone. After Keatley’s conversion, Leinster managed to hit back within seven minutes. A prolonged spell of pressure ended with Jack Conan holding off JJ Hanrahan and getting his offload away for Jennings to dot down to the left of the posts. Madigan added the extras and although both packs had sniffs of the try-line late on, impressive Munster had done enough to warrant the 15-point winning margin. Anthony Foley’s men built an 11-6 interval lead in Limerick with CJ Stander crossing for a 16th-minute try. Andrew Conway came back to haunt his former team with a well-taken try in the 44th minute and during Darragh Fanning’s sin-bin period, Munster replacement Dave O’Callaghan collected try number three before Ian Keatley capped off his 13-point kicking haul. Press Associationlast_img read more


Ex-Uganda boss Desabre named coach of Ligue 2 side

Posted On Aug 13 2020 by

first_imgFILE PHOTO: Sebastien Desabre Niort, France | AFP | Former Uganda coach Sebastien Desabre has been appointed as the new manager of French Ligue 2 outfit Niort on a two-year-deal, the club announced Tuesday.Desabre, 43, takes over a team that finished 18th in the second division this season, which was brought to a premature end in April.The Frenchman spent the past decade coaching a number of African clubs and also guided Uganda to the last 16 at the 2019 Africa Cup of Nations in Egypt. At Niort, he will replace Franck Passi who has left the club to work alongside 1998 World Cup winner Laurent Blanc, reportedly set to make a coaching comeback after his exit from Paris Saint-Germain four years ago.center_img Share on: WhatsApplast_img


Accused Tampa Twitter Hacker Arraigned on 30 Felony Counts Today

Posted On Aug 12 2020 by

first_imgSome of the other accounts Clark is accused of hacking into are former are former Vice President Joe Biden and Microsoft co-founder Bill Gates.Since the hacker didn’t turn out to be a Russian or Chinese agent, maybe the FBI will offer Clark a job. (Tampa, FL) — A Florida teenager believed to be the mastermind behind a Twitter hack will be in court today to be arraigned on 30 felony counts related to last month’s incident. The 17-year-old Tampa teen is behind bars facing 30 felony charges for “scamming people across America,” according to Hillsborough State Attorney Andrew Warren.The teen is among three people facing charges for their alleged roles in the July 15 Twitter hack of prominent Twitter accounts, including that of former President Barack Obama and SpaceX founder Elon Musk. Clark is accused of hacking into the high-profile accounts and directing their followers to donate Bitcoin to accounts linked to him. Bitcoin is a crypto-currency that is extremely difficult to track.Warren calls Graham Clark was the “mastermind” behind the hack and says he is being tried as an adult.last_img read more


Close friends Farrior, Foote compete for same job

Posted On Aug 12 2020 by

first_imgby Alan RobinsonAP Sports Writer LATROBE, Pa. (AP)—Larry Foote is the mouth of the Pittsburgh Steelers’ locker room. James Farrior is its conscience.Foote loosens up his teammates with his nonstop chattering and incessant arguing on any subject. Farrior is the defense’s acknowledged leader, a reliable perfectionist and team captain who is almost always in the right position to make a tackle or shut down a play. WARMING UP—Pittsburgh Steelers linebacker James Farrior warms up before the first practice session at the NFL football team’s training camp in Latrobe, Pa., July 31. SIGNALING—Pittsburgh Steelers linebacker Larry Foote gives a signal during the NFL football team’s training camp in Latrobe, Pa., Aug. 1. Until now, Farrior looked to be one of the most irreplaceable of players on a defense that is the NFL’s best statistically over the past five seasons. A two-time Pro Bowl linebacker and former team MVP, he has started 70 consecutive games—every one since 2005. He routinely does his job so well, it allows players such as Troy Polamalu and LaMarr Woodley to make the plays that do get noticed.Still, Farrior hit some rough patches last season, especially during a difficult-to-explain losing streak against the Bengals, Chiefs, Ravens, Raiders and Browns that ultimately kept the Steelers out of the playoffs.Several teams picked on Farrior when slid into pass coverage, and a defense that was the NFL’s best in nearly every major statistical category the previous season lost fourth-quarter leads five times. The Steelers also ranked poorly in getting off the field on third and fourth downs.“Definitely, we felt like we could have played a lot better and we’re looking to pick it up,” Farrior said.To do that, the Steelers brought back Foote and cornerback Bryant McFadden, another former Super Bowl starter who moved on to a different team in 2009—Arizona for him—and didn’t especially like it.They also drafted outside linebacker Jason Worilds in the second round to groom into a pass rusher. And they’re experimenting in camp with last year’s first-round pick, defensive end Ziggy Hood, sliding in for a few plays at nose tackle.Foote left the Steelers partly because he knew 2007 first-round pick Lawrence Timmons was ready to start. Timmons finished fourth on the team in tackles and third in sacks (seven) and, at age 24, is one of only two defensive starters who are 28 or younger.Timmons isn’t about to lose his job so, if Foote is to play most of the time, Farrior must lose his.“Right now on paper I am (a backup), but the coaches told me I’m going to play,” Foote said. “It’s up to my talent and how fast I get back into the swing of things that will determine my playing time. I’m just trying to put my cards on the table and see what happens.”To keep Foote from replacing him, Farrior made certain his offseason regimen was more difficult than ever. He spent the last few weeks before camp—a time when some players fit in a quick vacation—working out for three hours-plus a day in the Florida heat with a trainer.Farrior believes he’s in such good shape that his age shouldn’t matter, even if he knows it does.“Every year, everybody has to prove themselves all over again,” Farrior said. “Especially me.”Not that Farrior isn’t enjoying having Foote back.“It’s great to have that loudmouth back in the locker room. We missed him last year, not having his voice around,” Farrior said. “He was one of my best friends when he was here. Hopefully we can get that back going, that good relationship that we had.” Last season changed everything for Foote and Farrior, the starting inside linebackers on the Steelers’ Super Bowl-winning teams during the 2005 and 2008 seasons.Foote was miserable losing in Detroit, leaving Pittsburgh as a free agent only so he could remain a starter. Farrior was Pittsburgh’s top tackler for the fourth consecutive season, but the quality of his play admittedly slipped as the Steelers went 9-7 and missed the playoffs.Back in Pittsburgh this season, Foote intends to remain a starter at age 30. To do that, he must beat out the 35-year-old Farrior, the oldest starter on one of the NFL’s oldest defenses—and a player who isn’t the least bit interested in giving up his job. Not even to a close friend.“I feel like I’ve always got to compete and that’s the mindset since I’ve been in the NFL, there’s always somebody out there younger, trying to take your job,” Farrior said. “They’re always looking to replace you.”last_img read more


Regional roller derby team set to attend national competition

Posted On Aug 3 2020 by

first_imgWest Kootenay Roller Derby’s all-star team has managed to climb to the top of the heap in Canadian Roller Derby, and they’ve done it in a remarkably quick fashion. The Kootenay Kannibelles are gearing up for some high-calibre derby at a national level tournament set to take place at West Edmonton Mall’s Ice Palace March 15-17. Belles captain and West Kootenay Roller Derby League marketing and media director Amber Harper, who is best known as ‘Pantsoff’, is excited that what she describes as their “rag-tag troupe of mismatched-jersey-wearing ladies” are getting the opportunity to represent British Columbia in the first ever Roller Derby Association of Canada’s Canadian National Championships. No small feat, as she explains that they’ve “only been playing for two seasons as a team; most of (them) only just learned how to skate with the birth of West Kootenay Roller Derby, so this is pretty incredible.” The Belles are ranked sixth in the country (out of 101 travel teams), which earned them a spot in the tournament. However, the blood-splattered team is entering nationals with a new roster, featuring some new all-star players ready to make their mark on Canadian roller derby, bruise by well-earned bruise. Up against some top teams – including E-Ville Roller Derby (Edmonton, AB), Central – Saskatoon Roller Derby League (Saskatoon, SK), Pile O’ Bones Derby Club (Regina, SK), Atlantic – Muddy River Rollers (Moncton, NB) and Fog City Rollers (Saint John, NB) – the Belles are fiercely gearing up for some hard-hitting derby and have their eyes firmly on the gold medal prize. With an impressive 8-1 record last season, BC’s dark-horse team is certainly rolling into this, their third competitive season, hungrier for results than ever. After debuting at the Roller Derby Associations of Canada’s Western Tournament in 2011, the Belles shocked both fans and fellow skaters by finishing fifth after only one loss – a five-point nail-biting triumph by Red Deer’s Belladonnas. Their competitive appetite not sated, the Belles then went on to take second place in the RDAC Western Tournament in June 2012, after coming out on the losing side of a hard-fought battle against Terminal City Roller Girls’ All Stars, who secured their victory by 84 points. With this history in mind, it’s no wonder these ladies are approaching this tournament with ferocious appetites for victory. The team is currently busy prepping for spring, not only on but also off the track as they fundraise to help offset the costs of travel and accommodation (they are also looking for season sponsors). The Belles are hoping to raise funds through the Fundscript program where they sell gift cards for major retailers and the retailers pay a percentage of the dollar value of cards bought to the team. “Calling it a “no fuss, no stress fundraiser,” Pantsoff explains Belles are selling gift cards for 100-plus retailers. “No buying useless junk,” she says. “Just get the card for the denomination and retailer you want and we get the kick back from the supplier.” The Belles hope to see some hardcore fans at the nationals, but at the very least are looking forward to the kick-off of the local season, where some of these savage skaters will be hitting the rink with their home teams.(Story by Valerie Rossi)last_img read more


Mallard’s Team of the Week — Blair D’Andrea Alumni Tourney

Posted On Aug 3 2020 by

first_imgContributions to the fund can be made at any Royal Bank Canada branch or electronically with email money transfer via [email protected] contact [email protected] more information or inquiries. The Grads from the 2004-05 may have won the tourney, but the big winners during the 2nd Annual Blair D’Andrea Memorial Alumni Basketball Tournament on Boxing Day was the memorial fund as the event raised more than $1,000.The second annual event, attracting 45 players, raised more than $1,400 for the Blair D’Andrea Alumni Scholarship Society fund supporting post-secondary athletes and grassroots basketball development in the West Kootenays. Mallard’s Source for sports would like to give a big round of applause for all the Bombers grads, who came together during the Christmas holiday season to share a few laughs and raise money in support for their former coach, and name the lads Team of the Week.last_img read more


Total Chaos repeats at Nelson Mixed Sloptich Champs, downs Main Jet in Final

Posted On Aug 3 2020 by

first_imgTotal Chaos made it two straight Nelson Mixed Slopitch titles over the weekend at the Lakeside Ball Diamonds.The defending champs pulled away from Main Jet in the middle innings en route to a 17-9 decision in the A Final Sunday in Nelson.After putting up 19-0 in the regular season numbers during the regular season in 2016 followed by a 5-0 playoff mark, Total Chaos posted a second-place finish to Main Jet in 2017 regular season standings. However, in the playoffs Total Chaos picked up the pace winning out to capture its second consecutive Nelson Mixed Slopitch crown.Total Chaos team includes, Angela French, Lindsey Niminiken, Ashley De Leeuw, Carrie Mowrey, Lua Gerun, Susan Mackenzie, James Mackenzie, Kyle Niminiken, Dennis Podovennikoff, Corey Niminiken, Shandy Mowrey, Darren Cain, Jamie Simpson, Derrick Jackman, Tammy Jackman, and Justin Niminiken.In the B-Final, Savoy scored just enough runs to edge OK Tire 6-4 while Shamballers outlasted the Muckers 21-15 to claim the C Event Final.Meanwhile, West Coast Gorillaz took home the Blair D’Andrea award as most sportsmanship team in the league.last_img read more


Man went to buy car but stole it from owner instead

Posted On Dec 21 2019 by

first_imgA man went to buy a car after seeing an advert on DoneDeal and decided to steal it instead.John Tierney appeared at Letterkenny District Court charged with the unauthorised taking of the Audi car. The court was told that on February 21st last Tierney spotted the advert on DoneDeal and went to view it with the owner at Killylastin outside Letterkenny.Garda Inspector Sean Grant said Tierney, with an address in St Johnston, viewed the car with the owner, a Mr McNamee.However, when he spotted the keys in the ignition, Tierney decided to jump into the car and drive off.The car was later recovered a few miles away and was undamaged but was missing the keys.Solicitor for Tierney, Mr Kieran Dillon, said his client was into cars and had wanted to see the car but didn’t have enough money to buy it.“He saw an opportunity for a test drive and he took it. It was the completely and utter wrong way to do something,” he said.The court was told that there was an invoice in court for €278 for replacement keys but that Mr Tierney only had €150 at this time.Solicitor Dillon said his client had left school early and had been affected by the death of his father.Judge Paul Kelly adjourned the case until December 16th for a Probation Report.Man went to buy car but stole it from owner instead was last modified: September 22nd, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:carDoneDealJohn Tierneytheftlast_img read more


A’s Japan Opening Day kicks off brutal start to regular season schedule

Posted On Dec 20 2019 by

first_imgTOKYO — Every schedule has its challenges over the course of 162 games, but this is extraordinary.After the A’s open the season in Japan and then play the Giants in the three-game Bay Bridge Series, they will embark on a stretch of 18 consecutive game days. The first eight are at the Oakland Coliseum against the Angels and Boston Red Sox. Then they go on the road for 10 at Houston, Baltimore and Texas.Not only is there an obvious fatigue factor in play here, but playing for 18 straight days …last_img