FacebookTwitterLinkedInEmailiStockBy ABC News(NEW YORK) — Here are the scores from Tuesday’s sports events:MAJOR LEAGUE BASEBALL PLAYOFFSWORLD SERIESLA Dodgers 3, Tampa Bay 1 (LA wins series 4-2)MAJOR LEAGUE SOCCERNashville 1, Montreal 0Seattle 2, Vancouver 0Copyright © 2020, ABC Audio. All rights reserved. Beau Lund Written by October 28, 2020 /Sports News – National Scoreboard roundup — 10/27/20
FacebookTwitterLinkedInEmailSALT LAKE CITY (AP) — A committee preparing a bid for Salt Lake City to host a future Winter Olympics says the desire to bring the Olympics back to Utah in 2030 or 2034 remains firm despite the impact of the coronavirus pandemic upending plans for the Tokyo Games.Salt Lake City Committee CEO Fraser Bullock says the pandemic is a reminder of the risks that come with hosting events and offers a chance to learn lessons from how Tokyo organizers adapt.The U.S. Olympic and Paralympic Committee chose Salt Lake City two years ago as the next American city to bid for a Winter Olympics. It hasn’t chosen which year. Tags: Olympics/Salt Lake City 2030 Olympics Written by November 17, 2020 /Coronavirus (COVID-19) related news and sports stories, Sports News – Local Salt Lake City all in on future Olympic bid, timing unknown Associated Press
Written by January 28, 2021 /Sports News – National Scoreboard roundup — 01/27/21 FacebookTwitterLinkedInEmailiStockBy ABC News(NEW YORK) — Here are the scores from Thursday’s sports events:NATIONAL BASKETBALL ASSOCIATIONIndiana 116, Charlotte 106Sacramento 121, Orlando 107Cleveland 122, Detroit 107Denver 109, Miami 82Milwaukee 115, Toronto 108Brooklyn 132, Atlanta 128 (OT)Philadelphia 107, L.A. Lakers 106San Antonio 110, Boston 106Oklahoma City 102, Phoenix 97Utah 116 ,Dallas 104New Orleans 124, Washington 106Golden State 123, Minnesota 111Chicago at Memphis (Postponed)NATIONAL HOCKEY LEAGUENashville 2, Chicago 1 (SO)Vancouver 5 ,Ottawa 1TOP-25 COLLEGE BASKETBALLBaylor 107, Kansas St. 59Ohio St. 83, Penn St. 79Wisconsin 61, Maryland 55Florida St. 81, Miami 59Creighton 85, Seton Hall 81Virginia Tech, 62 Notre Dame 51Clemson 54, Louisville 50Michigan at Penn St. . (PostponedCopyright © 2021, ABC Audio. All rights reserved. Beau Lund
Tags: Big Sky/Isiah Brown/Weber State Wildcats Basketball Written by February 18, 2021 /Sports News – Local Brown scores 31 to lift Weber St. over N. Arizona 92-59 FacebookTwitterLinkedInEmailOGDEN, Utah (AP) — Isiah Brown had a career-high 31 points as Weber State extended its home winning streak to nine games, routing Northern Arizona 92-59.Cameron Shelton led the Lumberjacks with 21 points and seven rebounds. Associated Press
March 13, 2021 /Sports News – National Scoreboard roundup — 3/13/21 Beau Lund Written by FacebookTwitterLinkedInEmailiStockBY: ABC NEWS(NEW YORK) — Here are the scores from yesterday’s games: —— NATIONAL BASKETBALL ASSOCIATION Final New Orleans 116 Cleveland 82 Final Denver 103 Memphis 102 Final Philadelphia 127 Washington 101 Final Miami 101 Chicago 90 Final San Antonio 104 Orlando 77 Final Utah 114 Houston 99 Final L.A. Lakers 105 Indiana 100 —— NATIONAL HOCKEY LEAGUE Final Minnesota 4 Arizona 0 Final OT Vegas 5 St. Louis 4 Final Edmonton 6 Ottawa 2 Final Colorado 2 Los Angeles 0 Final San Jose 6 Anaheim 0 —— TOP-25 COLLEGE BASKETBALL Final (12)Oklahoma St. 83 (2)Baylor 74 Final (3)Illinois 90 Rutgers 68 Final (4)Michigan 79 Maryland 66 Final (5)Iowa 62 Wisconsin 57 Final (6)Alabama 85 Mississippi St. 48 Final (7)Houston 77 Tulane 52 Final (8)Arkansas 70 Missouri 64 Final (9)Ohio St. 87 (20)Purdue 78 Final (15)Florida St. 69 North Carolina 66 Final (17)Creighton 59 UConn 56 Final (19)San Diego St. 77 Nevada 70 Final (23)Colorado 72 (24)Southern Cal 70 (13)Texas at (11)Kansas 9:30 p.m. (Canceled) Georgia Tech at (16)Virginia 6:30 p.m. (Canceled)Copyright © 2021, ABC Audio. All rights reserved.
Image: Final government approval received for Austrian production asset acquisition. Photo: Courtesy of Adam Radosavljevic from Pixabay. ADX Energy has received the final government approvals from the “Bundesministerium für Nachhaltigkeit und Tourismus” (BMNT) required for the transfer of RAG Production Assets to ADX pursuant to binding agreements with RAG Exploration & Production GmbH (RAG). RAG and ADX have now achieved all the conditions required to complete the acquisition of the Zistersdorf and Gaiselberg oil and gas fields located onshore in the Vienna Basin, Austria (RAG Production Assets) as well as agreements for exploration data and access arrangements to RAG’s production infrastructure in Upper Austria as announced on the 2 July 2019.The abovementioned BMNT transfer of license is the single condition precedent required for the drawdown of funds pursuant to the A$ 3.5 million Loan Notes financing for the funding of the RAG Production Assets announced by ADX on the 14October 2019.ADX Executive Chairman, Mr Ian Tchacos, said “All third-party approvals have been achieved for ADX to complete the RAG Production Acquisition and to now become a producer and the operator of production assets in Austria. Securing the license transfer for this high quality Western European production asset in a prime jurisdiction in terms of oil and gas product pricing, access to infrastructure and political stability is a transformation step up for your company.In conjunction with the transfer of the Zisterdorf and Gaiselberg fields, ADX will also secure the very valuable RAG exploration database in upper Austria surrounding RAG’s core production fields where ADX has access arrangements to RAG’s extensive oil and gas infrastructure. ADX has achieved the goal of becoming a producer and an exceptionally well positioned explorer with a ready to drill prospect inventory based on modern 3D seismic in a highly prospective producing basin, which to date has been explored by only one company.” Source: Company Press Release RAG and ADX have now achieved all the conditions required to complete the acquisition of the Zistersdorf and Gaiselberg oil and gas fields located onshore in the Vienna Basin, Austria
Emails central to Unaoil bribery trial paint an ‘incomplete’ picture, defence arguesAkle, 45, of dual Lebanese and British citizenship and Unaoil’s former territory manager for Iraq, took to the witness stand in London’s Southwark Crown Court for questioning about his role in securing contracts during a massive overhaul of Iraq’s oil and gas infrastructure in the post-Saddam years.The Iraq Crude Oil Export Expansion Project was conceived as a way to more than double the war-torn country’s crude oil export capacity from 1.8 million barrels per day (bpd) to 4.5 million bpd following US occupation.SFO prosecutors have argued that Unaoil used its influence and connections in within Iraq’s state-owned South Oil Company (SOC) to manipulate the outcome of tender processes in this scheme, including pipeline upgrades and the installation of single point mooring (SPM) systems.But Mr Sturman has said the case – which is based largely on a cache of emails detailing correspondence between the Unaoil executive team and its associates – paints an “incomplete” picture of the situation, and presents a perspective not available to Akle at the time of his alleged crimes.“The emails you have read are a sample, of a sample, of tens of thousands of documents, and the prosecution’s selection paints a picture that is incomplete,” he said.“That is not a criticism, but it’s a picture that’s very difficult to draw together fairly due to the security position that existed in Iraq.” The SFO corruption investigation centred on oil infrastructure tenders in Iraq in the post-Hussein years A state of lawlessness and civil unrest in Iraq in the years after the 2003 US invasion made rebuilding the country’s failing oil and gas infrastructure a matter of great urgency, jurors in the Unaoil bribery trial heard today (21 February).Employees and associates of the Monaco-based energy consultancy at the heart of a global corruption investigation were acting against a backdrop of violence and social instability, where the country’s critical energy infrastructure was at imminent risk of failure.And the payments alleged to have been made to bribe public officials to win industrial tenders were in fact believed to be for personal security in this dangerous and volatile environment.That is according to Jim Sturman QC, who is representing Ziad Akle – one of three defendants accused by the UK’s Serious Fraud Office (SFO) of conspiracy to make corrupt payments in Iraq on behalf of Unaoil and its agents.“Oil infrastructure was failing, and with it came the danger of even greater trouble in Iraq,” he said.It was the job of Akle, and his colleagues on the ground in southern Iraq, to persuade key local decision-makers that Unaoil’s equipment-manufacturing clients could accelerate the pace of these reconstruction efforts.“The sell was expertise”, said the defendant, adding that Iraqi energy operators faced numerous challenges including terrorist attacks on key infrastructure and problems procuring the right equipment and know-how for “engineering and maintenance” activities. Three men charged with conspiracy to make corrupt paymentsAccording to the prosecution, Akle was involved in “almost all the key events” relevant to the SFO investigations, holding a “very senior” position within the company.This seniority is something he disputes, detailing a chain of command headed by Unaoil founder Ata Ahsani, whose two sons Cyrus and Saman – both currently subject of related criminal investigations in the US – were next in line, along with another company executive Peter Willimont.Akle faces criminal charges for conspiracy to make corrupt payments alongside Steven Whiteley, 65, who was Unaoil’s general territories manager for Iraq, and formerly a vice-president of SBM Offshore; and Paul Bond, 68, who was a senior sales manager for SBM Offshore.Netherlands-based SBM Offshore is one of the companies in whose favour Unaoil is accused of rigging an SOC tender process.All three men deny the charges against them. A London court holding the Unaoil corruption trial has heard how alleged bribery payments were in fact believed to be for security measures A place like no otherMr Sturman argued that in the post-invasion years, Western companies seeking to work in the region were “viewed with suspicion” by Iraqi government and energy interests, which needed “persuading” to work with these foreign partners.This was the job of Akle and his colleagues on the ground in Iraq.They were Basil Al Jarah – who has already pleaded guilty to SFO corruption charges – and Oday Al Quoraishi, a man nicknamed “Ivan”.Unaoil is alleged to have paid Al Quoraishi a retainer ultimately totalling $608,000 to exert influence at the highest levels of SOC in favour of its clients.“They had a chance to be on the ground floor of rebuilding one of the world’s biggest oil reserves,” said Mr Sturman.“Akle knew that a retainer was being paid to Al Quoraishi, but we submit that he believed those payments were to ensure that, against the backdrop of life in Iraq, Al Quoraishi was safe.“Iraq was a place like no other. Law and order had completely broken down. People couldn’t depend on the state like we can.“There were tribal rivalries and militias – even the banks were being bombed. That’s what life was like in Iraq.”Akle never visited Iraq, the jury heard, and instead worked from Unaoil’s base of operations in Monaco.The trial continues.
Delta’s founding management team has decades of leadership, operational and transaction experience across the midstream sector along with a track record of value creation Delta Midstream announces initial investment led by Warburg Pincus. (Credit: Capri23auto from Pixabay.) Delta Midstream, LLC (“Delta” or “the Company”), a newly formed midstream company, announced today that funds affiliated with Warburg Pincus, a global private equity firm focused on growth investing, have agreed to lead a line-of-equity investment in the Company. Delta, headquartered in Houston, TX, seeks to acquire, develop, and operate midstream assets of scale and will target opportunities across multiple basins in North America.Delta’s senior management team has extensive leadership, operational and transaction experience across the midstream and upstream oil and gas sectors, with a track-record of significant value creation. Delta will be led by the former executive management team of Noble Midstream Partners, including CEO Terry Gerhart, CFO John F. Bookout IV and COO John Nicholson, each of whom will serve in similar capacities at Delta. Matt Slatnick, former VP of Corporate Development at Noble Midstream, and Nick Alfermann, a former senior member of the energy investment banking team at Baird, also join Delta as founding partners.While at Noble Midstream, the team deployed significant growth capital at attractive rates of return and expanded the company from a largely single-producer midstream system at IPO in 2016 to a multi-customer, multi-basin enterprise of scale at the time of their departure in 2019. Collectively, Delta’s founding partners have in excess of 90 years of energy industry experience and $20 billion in transactional experience across the energy value chain as well as deep experience servicing energy customers and operating midstream assets.Delta will pursue a strategy of acquiring midstream assets within both private and public ownership structures across the hydrocarbon value chain including natural gas, natural gas liquids, and crude oil operations. Delta’s focus is on assets of scale with integration opportunities that can be optimized through the management team’s transaction, commercial, and operational expertise.Mr. Gerhart commented, “We are grateful to have the support and confidence of Warburg Pincus to assist us in evaluating a highly opportunistic landscape for energy investing. The firm’s patient capital and experience through multiple energy cycles offer unique advantages as we approach the current midstream environment.”David Habachy, Managing Director at Warburg Pincus said, “We are pleased to partner with Delta’s best-in-class management team and to leverage their industry relationships and strong track record to acquire and develop sizeable midstream assets. This investment underscores our long-term commitment to strategically deploying significant capital within the energy sector.” Source: Company Press Release
Well 6204/11-3 will be drilled from the Borgland Dolphin drilling facility in position 62° 3’ 52.058” N and 04° 22’ 10.418” E Map showing well 6204/11-3. (Credit: Norwegian Petroleum Directorate) The Norwegian Petroleum Directorate has granted Wellesley Petroleum AS a drilling permit for well 6204/11-3, cf. Section 15 of the Resource Management Regulations.Well 6204/11-3 will be drilled from the Borgland Dolphin drilling facility in position 62° 3’ 52.058” N and 04° 22’ 10.418” E. The rig is currently at the shipyard in Kvinesdal.The drilling programme for well 6204/11-3 relates to the drilling of wildcat wells in production licence 829. Wellesley Petroleum AS is the operator with an ownership interest of 60 per cent. The other licensees are Equinor Energy AS (20 per cent) and Petoro AS (20 per cent).The area in this licence consists of parts of blocks 6204/7, 8, 10 and 11. The well will be drilled about 65 kilometres north-northeast of the Peon discovery and about 100 km southwest of Ålesund.Production licence 829 was awarded on 5 February 2016 (APA2015). This is the first exploration well to be drilled in the licence.The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity. Source: Company Press Release
Leading City analyst Jefferies has called yesterday’s Competition Appeal Tribunal judgement in favour of OnTheMarket a “Pyrrhic victory”, suggesting it thinks the downsides of the judgement are as great as its positives.The comments came as the analyst looked at the implications of the ruling, which rejected Gascoigne Halman’s claim that its contract with OnTheMarket was anti-competitive and therefore void, and clearing the way for OnTheMarket to take on the incumbent portals and in particular, Zoopla.Jefferies says that, although it is surprised by the ruling, after reading the lengthy document the logic is easy to understand, but that it doesn’t change its positive attitude to ZPG.The main threats to ZPG, it says, are other factors such as a potential looming economic downturn culling agent branch numbers and the challenges of integrating its recent acquisitions into the ZPG family.not anti-competitiveJefferies says OnTheMarket’s ‘one other portal’ rule is not anti-competitive because agents joined the portal of their own free will, and that now the court case is over Rightmove and Zoopla will have to “sharpen their pencils” to be the ‘one other portal’.“The Competition Appeal Tribunal did agree with the premise that advertising on portals was an estate agent’s key business,” the author’s co-author Anthony Codling (pictured, right) says.“The ‘output’ of an estate agent is the sale of the properties that estate agent has been instructed to sell.“Advertising is a means to achieving that end and no more than that. Estate Agents do not compete as to the number of portals on which their properties are advertised, rather they compete on employing the most successful methods in selling properties.”Jefferies also notes that OnTheMarket has been losing agents while the hearings chugged along – so far one in five of those that originally left Zoopla – and that it thinks few of the remaining agents have the deep pockets at the moment to fund OnTheMarket aggressive expansion plans. July 6, 2017Nigel LewisWhat’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 » OnTheMarket tribunal judgement is a “Pyrrhic victory” says city analyst previous nextRegulation & LawOnTheMarket tribunal judgement is a “Pyrrhic victory” says city analystJefferies says ruling was correct but that mutually-owned portal still faces challenges.Nigel lewis6th July 201701,096 Views