Pertamina closing in on LNG export deals with Pakistan, Bangladesh

first_imgImage courtesy of Pakistan LNG TerminalsIndonesian state-owned Pertamina is working on finalizing liquefied natural gas (LNG) export deals with Pakistani and Bangladesh importers. Indonesia’s deputy energy minister Arcandra Tahar said the deals are being negotiated with Pakistan LNG and Petrobangla, the two companies led-by the respective governments, Reuters reports.Tahar noted that the two deals would total between two and three million tons of the chilled fuel per year.The term for the contracts is ten years and valued at some $12 billion, he said.Both Pakistan and Bangladesh are looking to import LNG to feed the natural gas power stations under construction in both countries.last_img

Hotchkis & Wiley to vote against McDermott, CB&I merger

first_imgImage courtesy of CB&IHotchkis & Wiley, an asset-management firm with clients holding an interest in McDermott International, has voiced its opposition of the CB&I transaction as it is currently structured. In a letter to Gary Luquette, chairman of McDermott International, regarding the company’s merger with Chicago Bridge & Iron (CB&I), Hotchkis & Wiley said it clients have been a McDermott shareholder since June 2013 and currently own nearly 2 percent of the company.“David Dickson’s management team has done an outstanding job managing the devastating downturn in McDermott’s core end-markets. We support management’s strong execution and vision for McDermott, but do not support the CB&I transaction as currently structured,” the letter reads.McDermott’s deal for CB&I was tolerable with the facts available at the time, but the situation has worsened materially since the deal was made, according to the letter.“CB&I announced troubling results that increase our worry that the business will take longer to fix. The higher risk is also lowering the upside, as the crisis at CB&I is driving the bond market to price McDermott’s unsecured notes to finance the deal at over 10 percent,” Hotchkis & Wiley said.With higher risk and less upside, the transaction as currently structured is materially less attractive than what management negotiated, the letter reads noting that Hotchkis & Wiley plans to vote against the transaction as currently structured.last_img read more

Nigeria’s lack of cabinet holding it back

first_imgSince Nigeria’s President Mahammadu Buhari took office in May, he has taken time to implement policies which has halted decision-making, hindering national budget planning, new roads and art exhibitions among other things.Buhari’s ministerial candidates had a complete screening by the senate on Thursday with no approval making the country’s economy run without a government in place. Only half of the 36 candidates have been given the green light after three weeks of screening.The President has begun reforms of the oil sector and the fight against corruption the reason why Africa’s biggest oil producer has at least 170 million people living in poverty irrespective of Nigeria’s extreme wealth.There has been praise for the President’s bail out of the federal states and audits designed to root out graft but with a failing economy, investors are beginning to question why Buhari took four months to name a cabinet that has the same familiar political people.“As we get closer to the budget cycle deadline and important decisions on subsidies and taxation need to be taken, the absence of a cabinet will likely become more glaring.” said Razia Khan, Chief Economist at Standard Chartered Bank.Nigeria’s Parliament usually presents the annual budget in November but at the moment there seems to be no draft ready for a planned supplementary budget for this year or next year’s proposal. With a need for cutting on spending the discussions are likely to take more time this year.Basic ministry work such as aid projects or state sponsored art exhibitions have been hindered by the lack of government. Undersecretaries are afraid to sign off on anything making it hard for diplomats and business people to operate.But in the absence of ministers, reforms aired before the election – such as curbing food imports to boost domestic farming – are stuck on the drawing board, and without any consideration for their consequences.Reuterslast_img read more

Barcelona eye Hertha Berlin teen star

first_img Loading… Promoted ContentTop 10 Most Populated Cities In The World10 Hyper-Realistic 3D Street Art By Odeith8 Superfoods For Growing Hair Back And Stimulating Its GrowthThe Best Geek Movies Of All Time11 Most Immersive Game To Play On Your Table Top18 Cities With Neverending Tourist-Flow27 Breathtakingly Beautiful Albino AnimalsBest Car Manufacturers In The WorldWho Is The Most Powerful Woman On Earth?Couples Who Celebrated Their Union In A Unique, Unforgettable Way10 Risky Jobs Some Women Do7 Universities In The World Where Education Costs Too Much Read Also: Bereaved Osimhen arrives Lagos Hertha are not likely to be in a position to consider any offers until their Bundesliga safety is assured in the coming weeks. However, Labbadia could be tempted to sell, if the club receive an acceptable offer, with Samardzic’s contract not due to expire until 2024. FacebookTwitterWhatsAppEmail分享 center_img Barcelona are monitoring Hertha Berlin’s promising winger Lazar Samardzic, after the 18-year old made his Bundesliga debut last weekend. La Blaugrana have reportedly scouted the German U19 international in action for Hertha’s youth teams this season, according to Mundo Deportivo. Samardzic’s brief performance in their 4-0 Berlin derby win over rivals Union Berlin offered a glimpse of a player rumoured to be attracting interest from across Europe. Serie A side AC Milan were linked with an offer in the January transfer market, alongside Atletico Madrid and Juventus. The versatile forward has created waves in German youth football in 2019-20, with 14 goals in 16 appearances persuading Bruno Labbadia to bring him into the first team fold in early 2020.Advertisementlast_img read more

Wilder earns ‘Detention Deputy of the Year’ honor

first_imgGreensburg, In. — For nearly 2 years, Logan Wilder has displayed dedication and passion in his employment as a Detention Deputy with the Decatur County Jail. Not only is he an asset to the Jail, he also donates his time as a St. Paul town Marshal and is passionate about providing safety within his community.With the increasing rate of offenders currently being housed in the Decatur County Jail, it is becoming harder to keep morale high within the department. “These Detention Deputies have a hard job. They deal with constant stress within their jobs, are often overlooked and underappreciated. It is important to me that my team members know that I see the hard work that they put in everyday, and what they sacrifice to be part of this team,” said Sheriff Durant. “Logan puts 110% into his job every day. He uses his knowledge and experience to make his team better.”last_img read more

Jenkinson joins Hammers on loan

first_img Press Association “I’m clearly seen as a big part of things here and hopefully I can prove my worth here because it is an important year for me,” said Jenkinson. “I was flattered to have a lot of options but deep down, if I was being honest with myself, West Ham was always the place I wanted to go to. “It’s one of them where I wanted to do the right professional thing and consider all the options, but in the back of my mind it was always West Ham and I’m just so glad it’s all worked out how I wanted it to in the end. “It will be brilliant to play here. I’ve got a lot of friends who are West Ham fans and I know how good the supporters are here. “You get a great atmosphere here and the fans are great, so I just can’t wait to get a West Ham shirt on and get on the pitch and play.” Jenkinson, who played for Finland at Under-17, Under-19 and Under-21 level before switching to the Three Lions, was swayed by the Hammers’ ambition to progress. “To be honest, that was a big swing in this for me, seeing this club is going in the right direction,” he explained. “Obviously the (Olympic) stadium plans are only a couple of years away and that’s going to improve this club massively. We’ve signed six players and they are top players as well. It’s a very exciting time to be a part of this club.” West Ham have signed Arsenal defender Carl Jenkinson on a season-long loan.center_img The 22-year-old right-back has been linked with a host of Barclays Premier League clubs and decided to move across London for the 2014/15 campaign. Jenkinson, who joined the Gunners from Charlton in 2011 and earned his only England cap against Sweden 18 months later, becomes the Hammers’ sixth summer signing joining Mauro Zarate, Enner Valencia, Cheikhou Kouyate, Aaron Cresswell and Diego Poyet. last_img read more

Update on the latest sports

first_img— Dolphins quarterback Ryan Fitzpatrick returned to practice Saturday after a one-day absence for personal reasons. Top draft pick Tua Tagovailoa (TOO’-ah tuhng-ah-vy-LOH’-ah) and former Arizona Cardinals first-round pick Josh Rosen had so-so performances during Fitzpatrick’s absence yesterday, according to coach Brian Flores. — Seahawks offensive lineman Kyle Fuller has been suspended for the first two games of the season for violating the league’s substance abuse policy. Fuller will be allowed to practice with the team during the preseason. PGA-NORTHERN TRUSTJohnson expands leadNORTON, Mass. (AP) — Dustin Johnson closed with birdie-eagle for a 7-under 64 and a five-stroke advantage through three rounds of The Northern Trust, the FexEx Cup playoffs opener. MLB-NEWSStrasburg is done for season, awaits hand surgeryUNDATED (AP) — The Washington Nationals have put star pitcher Stephen Strasburg on the 60-day disabled list, ending his season. Nationals manager Dave Martinez says the right-hander will undergo carpal tunnel surgery next week. The 32-year-old signed a seven-year, $245 million contract with Washington during the offseason. He was 0-1 with a 10.80 ERA in two starts in 2020.In other major league news: Antetokounmpo was unstoppable with the ball, scoring 35 points on 12 of 14 shooting. He also had 11 rebounds and seven assists for the Bucks, who seem to have righted the ship after dropping the series opener.Khris Middleton added 17 points, eight boards and six assists to the win.Bucks forward Marvin Williams and Magic forward James Ennis were tossed from the game following a second-quarter scuffle. The skirmish took place during a 13-0 run in which Milwaukee took control of the game.D.J. Augustin scored 24 points for Orlando.The other No. 1 seed also won Saturday. August 23, 2020 Trout leads Halos over A’s.UNDATED (AP) — Mike Trout and the Los Angeles Angels were able to cool off the AL West-leading Oakland Athletics.Trout drove in three early runs, then made a key catch late as the Angels nipped the A’s, 4-3. The three-time MVP made a diving catch on Matt Olson’s sinking liner to center field to start the eighth inning.Anthony Rendon (rehn-DOHN’) extended his hitting streak to 12 games for Los Angeles, which snapped a four-game losing streak.Oakland has won nine straight at home and three in a row overall. UNDATED (AP) — The Cleveland Browns say cornerback Kevin Johnson has been released from the hospital and is doing well after suffering a lacerated liver in practice this week.The 28-year-old is expected to be back at the team’s facility in the next few days. He’ll have to go through COVID-19 protocols before he can be re-integrated into team activities. The Browns said his status will be evaluated on a “week by week basis.”Johnson was injured when he was landed on by rookie tight end Harrison Bryant as the two were battling for a pass during a red-zone drill.In another positive development for the Browns, Pro Bowl running back Nick Chubb returned to practice Saturday on a limited basis after sustaining a concussion earlier this week. In other NFL news: Elsewhere in the majors:— Trent Grisham collected six RBIs with his first career three-homer game as the Padres rolled to a 13-2 thumping of the Astros. San Diego became the first team to belt five grand slams in a six-game stretch when rookie Jake Cronenworth went deep in a nine-run second inning.— The Rays won for the 12th time in 14 games by defeating the Blue Jays, 2-1 on Kevin Kiermaier’s RBI single in the bottom of the 10th. Tampa Bay starter Aaron Slegers struck out five over four no-hit innings in his first start since July 2018 while with Minnesota.— Eddie Rosario slammed a three-run homer and Miguel Sano (sah-NOH’) added a solo shot and three RBIs in the Twins’ 7-2 victory against the Royals. Randy Dobnak’s ERA rose to 1.78, but he also improved to 5-1 by holding Kansas City to two runs over five frames.— The White Sox notched their seventh straight win as Jose Abreu (ah-BRAY’-oo) banged out three home runs in a 7-4 decision over the Cubs. Abreu slammed five home runs in the two games against the Cubs. Hamlin matched Kevin Harvick for the season victory lead with six, equaling his total from last season and closing within two of his career high set in 2010.Truex snapped a streak of five straight third-place finishes and ended up second. It’s his sixth straight top-10 finish.Kyle Busch was third to make it a sweep of the top three spots for Joe Gibbs Racing. Harvick was fourth and Chase Elliott fifth.NASCAR-NASHVILLE PRESIDENTMoses named 1st Black track president in NASCAR history — The Marlins chased Max Scherzer during a four-run fifth before the Nationals’ bullpen tossed hitless ball the rest of the way to complete a 5-4 win over Miami in Game 1 of a seven-inning twinbill. Josh Harrison had two hits and an RBI while Washington was building a 5-0 lead.— The Marlins split the twinbill as Corey Dickerson belted a two-run homer in a 5-3 win at Washington. Sixto Sanchez gave up three runs over five innings, including homers by Yan Gomes (yahn gohmz) and Victor Robles.— Tyler Anderson tossed a three-hitter and and allowed just an unearned run as the Giants won their fifth in a row since an 8-16 start, 5-1 versus the Diamondbacks. The game was tied 1-1 until Mike Yastrzemski (ya-STREHM’-skee) and Alex Dickerson worked out bases-loaded walks in a four-run seventh.— The Cardinals were 3-0 winners over the Reds as Kwang Hyun Kim scattered three hits over six innings. The scoring came on Tommy Edman’s two-run single and Harrison Bader’s home run.— The Pirates blew out the Brewers for the second straight day as Adam Frazier and Jacob Stallings homered and drove in three runs apiece in a 12-5 romp. Gregory Polanco had a home run and a double for the Bucs, who collected 14 hits for the second straight day to post their first winning streak since last September. LeBron James had 38 points, 12 rebounds and eight assists as the Lakers knocked off the Trail Blazers, 116-108 to take a two-games-to-one lead.Anthony Davis scored 12 of his 29 points in the fourth quarter to help Los Angeles win its second straight since a stunning loss in the opener. Portland guard Damian Lillard scored 34 points despite a dislocated left index finger. CJ McCollum added 28 for the Trail Blazers. They will try to even the series in Game 4 on Monday.Also in the opening round, the Heat grabbed a three-games-to-none lead by building an 18-point, halftime lead before holding off the Pacers, 124-115. Miami had four players score at least 20 points, led by 27 from Jimmy Butler. Goran Dragic (DRAH’-gihch) finished with 24 points Bam Adebayo (ad-ah-BY’-oh) had 22 with 11 rebounds, and Tyler Herro (HEE’-roh) scored 20. Update on the latest sports Jeff Green had 22 points for the Rockets, who again were without Russell Westbrook.NBA-COACH OF THE YEARNurse voted NBA Coach of the YearLAKE BUENA VISTA, Fla. (AP) — Nick Nurse was voted NBA Coach of the Year on Saturday after leading the defending champion Toronto Raptors to another 50-win season, this time without Kawhi (kuh-WY’) Leonard or a full schedule.Nurse was a runaway winner, receiving 90 first-place votes from a panel of 100 sportswriters and broadcasters. The Pacers opened the second half on a 12-2 run and cut their deficit to two three times in the fourth quarter before falling.Malcolm Brogdon set career playoff highs with 34 points and 14 assists for Indiana.The Thunder have pulled within two-games-to-one in their series by opening overtime on a 12-0 run before completing a 119-107 victory over the Rockets.Chris Paul had 26 points, including a pair of three-pointers during Oklahoma City’s overtime run. Dennis Schroeder (SHROO’-dur) was high man for the Thunder with 29 points.The Rockets’ offense stalled in OT after James Harden fouled out for the first time all season. Harden finished with 38 points, eight assists and seven rebounds. Share This StoryFacebookTwitteremailPrintLinkedinRedditNBA PLAYOFFSAntetokounmpo leads Bucks over MagicLAKE BUENA VISTA, Fla. (AP) — Giannis Antetokounmpo (YAH’-nihs an-teh-toh-KOON’-poh) and the Milwaukee Bucks have a two-games-to-one lead following a 121-107 win over the Orlando Magic. — No additional members of the Mets have tested positive for COVID-19 since the team learned of two infections that caused several games to be postponed, including their weekend series with the Yankees. Test results also were negative for close contacts of those who stayed back in Miami after Thursday’s series finale against the Marlins was postponed. — Yankees shortstop Gleyber Torres is expected to miss two to three weeks while recovering from strains in his hamstring and quad. The club also said pitcher James Paxton won’t throw for 14 days because of a strained left forearm.— The Twins have added two more pitchers to their injured list. Jake Odorizzi is sidelined with bruised ribs and fellow right-hander Zack Littell is shut down because of right elbow inflammation. Both players were hurt during Friday’s 7-2 loss to the Royals.NFL-NEWSBrowns CB Johnson released from hospital after liver injury Johnson was coming off a remarkable day in which he was 11 under through 11 holes and finished with seven pars for a 60. On Saturday, he pulled away from Harris English and Scottie Scheffler with a 20-foot birdie putt on the 17th and a 40-footer for eagle on the closing hole at the TPC Boston.Johnson was at 22-under 191, his lowest 54-hole score by three shots.English and Scheffler are minus-17.WOMEN’S BRITISH OPENPopov takes 3-shot lead into final round of British Open Milwaukee’s Mike Budenholzer was second after leading the Bucks to the best record in the suspended season, earning 147 points. Oklahoma City’s Billy Donovan was third with 134 points. NHL PLAYOFFS-STARS/AVALANCHEStars get 2 from Radulov, beat AvsEDMONTON, Alberta (AP) — The Colorado Avalanche were able to blank the Dallas Stars in their round-robin meeting before the first round of the playoffs. Dallas got even on Saturday.The Stars took the opener of their second-round series by downing the Avalanche, 5-3. Alexander Radulov (RAD’-yoo-lahv) had two goals and an assist, giving Dallas a 3-1 lead in the first period and scoring the eventual game-winner midway through the second.Tyler Seguin opened the scoring four minutes into the contest. Blake Comeau put the Stars ahead to stay midway through the first.Nathan MacKinnon scored twice for the Avalanche, who finished the game without Philipp Grubauer. The Colorado netminder suffered a lower-body injury in the second period.NHL-MILBURYMilbury silenced for rest of playoffs — Triston McKenzie won his major league debut and Domingo Santana delivered a bases-clearing double in the sixth in the Indians’ 21st win in their last 22 games against the Tigers, 6-1. McKenzie struck out 10 over six innings and allowed just two hits on a Willi Castro homer and a Jeimer (JAY’-mur) Candelario double.— Evan White’s three-run homer and six RBIs were among the Mariners’ highlights in a 10-1 shellacking of the Rangers. Seattle also received six strong innings from Justus Sheffield, who was reached for one run and six hits.— Pedro Severino singled home the winning run in the 10th inning to punctuate a poor performance by Boston’s revamped bullpen, completing the Orioles’ 5-4 win over the Red Sox. Anthony Santander crushed a game-tying homer in the eighth before Baltimore ended a six-game skid.— Cody Bellinger’s solo homer in the bottom of the ninth ended the Dodgers’ 4-3 verdict over the Rockies. Chris Taylor also hit one out as Los Angeles won for the 10th time in 11 games.— The Braves erased a 4-0 deficit and beat the Phillies, 6-5 on Adam Duvall’s run-scoring single with two out in the bottom of the ninth. Austin Riley smacked a two-run homer and Matt Adams laced a two-run double in Atlanta’s fifth win in six games. UNDATED (AP) — Mike Milbury is stepping away from broadcasting the rest of the NHL playoffs.The decision comes after his on-air comment that there were no women in the league’s quarantined bubble to disrupt concentration drew widespread criticism. The former player, coach and general manager released a statement through NBC Sports, saying: “I do not want my presence to interfere with the athletes as they try to win the greatest trophy in sports.” An NBC Sports spokesman confirmed it was Milbury’s decision to leave and that the analyst remains employed by the network. MLB-SCHEDULE TROON, Scotland (AP) — Sophia Popov takes a three-stroke lead into the final round of the Women’s British Open as she goes for her first major title. Popov shot a bogey-free, 4-under 67 to tie the low score of the third round at Royal Troon. The 27-year-old German was 4 under par overall and one of just three players under par after 54 holes. Minjee Lee of Australia and Jasmine Suwannapura of Thailand were the other two after both shot 69 to be tied for second place on 1 under. NASCAR-DOVERHamlin wins againDOVER, Del (AP) — Denny Hamlin zipped past teammate Martin Truex Jr. with less than 10 laps to go and won Saturday’s NASCAR Cup Series race at Dover International Speedway. DOVER, Del. (AP) — Erik Moses has been named president of Nashville Superspeedway, the first Black man to hold that title at any NASCAR track.Moses most recently served as president of the XFL’s DC Defenders and now leads the charge of the scheduled Nashville reboot in 2021. Associated Press last_img read more

‘Revive the Rink’

first_imgDespite the restrictions, Roth said LYHA is hoping to get on the ice by the end of the month. In the meantime, young hockey players like her own children, Abigail and Bryce, are practicing at home with hand-eye coordination practice, agility drills and street hockey on roller blades or on foot. Abigail, 12, is a goalie on Lysander’s 14U girls team and Bryce, 9, plays for the 10U team. Dad Randy Roth coaches both teams.“We’re trying to do some off-ice training with our kids and keep them active as much as we can without physical ice,” Charla Roth said.Throughout the pandemic, LYHA has been holding various fundraisers to support the Revive the Rink initiative: raffling off gift baskets from local businesses, hosting Zoom bingo, helping out at the Earth Day 5K on July 12 and collecting bottles and cans.“We are coming up with lots of creative ways to raise money during COVID,” Roth said.The bottle and can drive is ongoing. The Ream family has set up a donation trailer by their home at 20 E. Oneida St. in Baldwinsville. Drop off your empties or text 315-382-5520 to schedule contact-free pickup.“We will be collecting bottles for the unforeseeable future,” Roth said. “So far we’ve raised $3,500.”LYHA is selling 50/50 raffle tickets for $50 each and is seeking sponsorships on the rink’s dasher boards from local businesses. To purchase a raffle ticket or learn about sponsorship opportunities, email lysanderyouthhockey@gmail.com.While the skaters are itching to get back on the ice, there is still much work to be done at the arena. LYHA is hoping to convert Rink 1 into a turf field by the end of August.“We are working with the owner on fulfilling some of the repairs that need to be done to the building in order to take occupancy,” Roth said.The arena will have to hire more staff to keep the facility disinfected and Roth has been researching what cleaning products to use once the rink reopens to the public.“All in all, I think we’re very anxious to get back on the ice,” she said. “We want to do it safely.”

Ireland injury concerns mount.

first_imgJonathan Sexton has emerged as an injury concern ahead of Saturday’s test with the Springboks. The out-half was substituted early in the second half of Racing Metro’s Top 14 defeat to Oyonnax at the weekend with what his coach Laurent Labit called a tweak of his hamstring. Sexton will have the severity of the injury assessed today.last_img

Ryan retains place in Ireland side

first_imgThey’re the only changes from the side that started the defeat to England at Twickenham last month, but there are also several changes to the bench as Sean Cronin, Kieran Marmion and Fergus McFadden all earn recalls. The Nenagh man will partner Devin Toner in the second row for the clash with the Azzuri.Jared Payne and Simon Zebo have both been restored to the backline.Payne has been restored to outside centre at the expense of Stuart McCloskey, who drops out of the match-day squad, while Zebo gets the nod to start at full back in the absence of the injured Rob Kearney.last_img