The Singapore government announced that it would guarantee all bank deposits in full in order to reassure depositors and maintain stability in the financial system. This follows similar moves in other countries to guarantee deposits as the global economic crisis has increased uncertainty. The guarantee will cover all deposits in Singapore dollar and foreign currencies held at banks, finance companies, and merchant banks licensed in Singapore through 2010. The government has allocated $150 billion to back the guarantee, ensuring it exceeds any potential liabilities from bank failures.
xcel energy 1108Mid-Atlantic_Presentationfinance26
This document provides an overview of Xcel Energy's upcoming Mid-Atlantic Investor Meetings on November 18-19, 2008. It summarizes Xcel Energy's financial position including earnings, dividends, debt, liquidity, credit ratings and capital expenditure plans. It also outlines recent and upcoming regulatory proceedings and rate cases across Xcel Energy's operating jurisdictions.
This document summarizes Xcel Energy's strategy to reduce carbon emissions and invest in renewable energy. It outlines Xcel's plans to reduce CO2 emissions 22% by 2020 in Minnesota and 10% by 2017 in Colorado through investments in smart grid technology, wind, solar, biomass, and carbon sequestration. It also discusses Xcel's attractive investment opportunities through regulated utility growth, constructive regulation supporting capital investments, and a track record of successful execution.
This document discusses Xcel Energy's strategy to achieve financial success through environmental leadership and reducing carbon emissions. It outlines plans to increase renewable energy and energy efficiency, upgrade plants, and replace coal generation with natural gas and renewable sources. This is projected to reduce carbon emissions by 2020 while maintaining reasonable rates and regulatory approval for investments. Earnings are forecasted to grow by 5-7% annually through 2020 by investing in renewable and transmission projects and benefitting from supportive regulatory treatment.
This document summarizes a presentation by Xcel Energy at the EEI Financial Conference from November 9-12, 2008 in Scottsdale, Arizona. Xcel Energy discusses its strong financial position, including solid credit ratings, a recent equity issuance, and strong liquidity. It outlines capital expenditure plans and upcoming regulatory proceedings. Xcel reaffirms its strategy and earnings guidance range for 2009 of $1.45 to $1.55 per share, despite economic challenges.
xcel energy 8BFFinancial_Plan_Xcel_Energy_12052007finance26
This document provides a financial plan and capital expenditure forecast for Xcel Energy from 2007-2011. It summarizes Xcel's ability to address environmental issues through its operations and fuel efficiency. The capital expenditure forecast shows increasing investments in areas like wind generation, transmission projects, and nuclear capacity extensions. The plan also discusses Xcel's earnings guidance, dividend growth, regulatory proceedings, and opportunities for investment and earnings growth.
This document discusses Xcel Energy's strategy for success through stakeholder alignment. It outlines Xcel's ability to meet renewable portfolio standards and environmental goals in its states. It also addresses upcoming public policy issues like potential federal climate legislation. The document details Xcel's growing renewable energy portfolio and transmission investments. It emphasizes Xcel's constructive regulatory environment and financial execution, delivering earnings and dividend growth.
This document summarizes Xcel Energy's business operations and growth strategy. It outlines Xcel's plans to reduce carbon emissions through investments in renewable energy, smart grid technology, and energy efficiency. These initiatives are expected to lower Xcel's carbon emissions 22% by 2020 in Minnesota and 10% by 2017 in Colorado. The document also describes Xcel's constructive regulatory environment which allows recovery of major capital investments. This supports Xcel's goal of delivering 5-7% annual earnings growth and 2-4% annual dividend growth through continued investment in its rate base.
xcel energy 2008 June_EurpopeanInvestor854finance26
This document summarizes Xcel Energy's business profile, environmental leadership initiatives, regulatory framework, growth opportunities, and financial performance. Xcel Energy is a major utility operating across 8 states in the Midwest and Plains regions, focusing on electric and gas delivery. The company aims to reduce carbon emissions through investments in renewable energy, smart grid technologies, and energy efficiency. It has a track record of earning returns allowed by constructive regulation and expects to continue delivering earnings and dividend growth through ongoing capital expenditures.
xcel energy 1108Mid-Atlantic_Presentationfinance26
This document provides an overview of Xcel Energy's upcoming Mid-Atlantic Investor Meetings on November 18-19, 2008. It summarizes Xcel Energy's financial position including earnings, dividends, debt, liquidity, credit ratings and capital expenditure plans. It also outlines recent and upcoming regulatory proceedings and rate cases across Xcel Energy's operating jurisdictions.
This document summarizes Xcel Energy's strategy to reduce carbon emissions and invest in renewable energy. It outlines Xcel's plans to reduce CO2 emissions 22% by 2020 in Minnesota and 10% by 2017 in Colorado through investments in smart grid technology, wind, solar, biomass, and carbon sequestration. It also discusses Xcel's attractive investment opportunities through regulated utility growth, constructive regulation supporting capital investments, and a track record of successful execution.
This document discusses Xcel Energy's strategy to achieve financial success through environmental leadership and reducing carbon emissions. It outlines plans to increase renewable energy and energy efficiency, upgrade plants, and replace coal generation with natural gas and renewable sources. This is projected to reduce carbon emissions by 2020 while maintaining reasonable rates and regulatory approval for investments. Earnings are forecasted to grow by 5-7% annually through 2020 by investing in renewable and transmission projects and benefitting from supportive regulatory treatment.
This document summarizes a presentation by Xcel Energy at the EEI Financial Conference from November 9-12, 2008 in Scottsdale, Arizona. Xcel Energy discusses its strong financial position, including solid credit ratings, a recent equity issuance, and strong liquidity. It outlines capital expenditure plans and upcoming regulatory proceedings. Xcel reaffirms its strategy and earnings guidance range for 2009 of $1.45 to $1.55 per share, despite economic challenges.
xcel energy 8BFFinancial_Plan_Xcel_Energy_12052007finance26
This document provides a financial plan and capital expenditure forecast for Xcel Energy from 2007-2011. It summarizes Xcel's ability to address environmental issues through its operations and fuel efficiency. The capital expenditure forecast shows increasing investments in areas like wind generation, transmission projects, and nuclear capacity extensions. The plan also discusses Xcel's earnings guidance, dividend growth, regulatory proceedings, and opportunities for investment and earnings growth.
This document discusses Xcel Energy's strategy for success through stakeholder alignment. It outlines Xcel's ability to meet renewable portfolio standards and environmental goals in its states. It also addresses upcoming public policy issues like potential federal climate legislation. The document details Xcel's growing renewable energy portfolio and transmission investments. It emphasizes Xcel's constructive regulatory environment and financial execution, delivering earnings and dividend growth.
This document summarizes Xcel Energy's business operations and growth strategy. It outlines Xcel's plans to reduce carbon emissions through investments in renewable energy, smart grid technology, and energy efficiency. These initiatives are expected to lower Xcel's carbon emissions 22% by 2020 in Minnesota and 10% by 2017 in Colorado. The document also describes Xcel's constructive regulatory environment which allows recovery of major capital investments. This supports Xcel's goal of delivering 5-7% annual earnings growth and 2-4% annual dividend growth through continued investment in its rate base.
xcel energy 2008 June_EurpopeanInvestor854finance26
This document summarizes Xcel Energy's business profile, environmental leadership initiatives, regulatory framework, growth opportunities, and financial performance. Xcel Energy is a major utility operating across 8 states in the Midwest and Plains regions, focusing on electric and gas delivery. The company aims to reduce carbon emissions through investments in renewable energy, smart grid technologies, and energy efficiency. It has a track record of earning returns allowed by constructive regulation and expects to continue delivering earnings and dividend growth through ongoing capital expenditures.
Herman Li, guitarrista y corista de la banda de power metal Dragonforce, comenzó a tocar la guitarra eléctrica a los 16 años. Formó Dragonforce en Londres después de tocar en varias bandas. Dragonforce se distingue por su velocidad, solos rápidos e influencia de sonidos de videojuegos. La banda ha tenido éxito interpretando power, melodic y epic metal con letras épicas.
SPBNET (Greenlabs) is focused on delivering business solutions and internet tech support for the corporate customers. Company is the main brand of Etera Group www.eteragroup.com
This document outlines rules and guidelines for students in an English language classroom. It contains instructions on only speaking English to teachers, paying attention during class time, submitting assignments, formatting written work, working in groups, consequences for low marks, and encouragement to take advantage of learning opportunities. Students are told to speak English, pay attention, format work neatly, follow rules of behavior, and open their minds to learning. Teachers are there to help, and students can improve by redoing work.
O poema fala sobre aproveitar a oportunidade que o novo dia traz para recomeçar e seguir em frente, deixando para trás a desumanidade do mundo para focar no que realmente importa, como a esperança de que "o sol nasce pra todos".
This 3 sentence summary provides the high level and essential information from the document:
My journey started with only knowing Microsoft Office programs but a door of opportunity opened allowing me to learn about assistive and adaptive technologies from Dr. Jacqui Cyrus and others, expanding my knowledge beyond just Office programs.
In order to get hooked by TDD it sometimes seems too much effort to setup things, but that should not be the barrier. Along came Google Spreadsheets and I had a no-setup environment, at least for doing katas and showing of the magic of being rewarded with a red box switching to green once I implemented the right thing. I will tell you the story of how I tried to make TDD as simple as possible and how I ended up with Google Spreadsheets and also how this inspired me to build tddbin.com for use at our JSCodeRetreats. I believe it’s the red-green cycle that got them hooked. I did it with students and also kids even a manager asked me “why does not everyone program like that?”.
The Commonwealth Bank of Australia's $5 billion capital raising fell short of its target from retail investors. The bank raised $1.5 billion from household investors, only half of the $3 billion it aimed to raise from that group. Due to high volatility in global markets, the bank closed the retail offer early and institutional investors will purchase the remaining shares in a bookbuild on Monday. Analysts note the turbulent markets have hit banking stocks hard and made investors more cautious about the sector.
One in 12 Australians will develop bowel cancer, but you can help beat these odds.
Protect your workforce with our corporate bowel screening program. Through the program, you can offer screening kits to your employees for as little as $26 per person.
More information on our website.
Greetings,
Attached FYI ( NewBase Special 02 June 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• SolarImpulse Safe in NAGOYA - JAPAN
• Oman oil minister says Opec's decision not helping member states
• Egypt signs $2bn exploration deal with Italy's Eni
• Morocco: Pura Vida Energy spuds MZ-1 well, offshore Morocco
• Kazakhstan wants oil majors to develop Caspian Depression
• Tanzania: Swala Energy announces farmout licences to Tata Petrodyne
• Uganda announces London roadshow for First Licensing Round
• The U.S. oil fracker's dilemma: crouch or pounce?
• Oil prices stabilize, firm demand counters oversupply
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy sin
Microsoft word new base 675 special 30 august 2015Khaled Al Awadi
The document discusses several energy news stories:
1) Fuel prices in the UAE fell by around 8% for September in line with declines in international benchmark prices over the past month. Diesel prices fell by almost 8% and petrol prices fell between 8-8.7%.
2) Oman's oil production remains profitable even if prices fall below $46/barrel due to average production costs of $12/barrel. However, a prolonged downturn could force companies to cut back on future projects needed to sustain long-term production.
3) ACWA Power achieved financial close for developing a new 445MW gas power plant and acquiring an existing 273MW plant in Oman, with funding
Indranil Deb presented at the Symbiosis Institute of Management Studies on November 11, 2008. The presentation covered several topics related to the global financial crisis including the growth of global financial assets from $12 trillion in 1980 to $118 trillion in 2003, the shift away from banks towards market institutions, and the impact of the US subprime crisis which began surfacing in 2007. Effects of the crisis included losses totaling over $512 billion, the bankruptcy of Lehman Brothers, and declines in global stock markets and currencies from late 2007 through 2008.
xcel energy 1108Mid-Atlantic_Presentationfinance26
This document provides an overview of Xcel Energy's upcoming Mid-Atlantic Investor Meetings on November 18-19, 2008. It summarizes Xcel Energy's financial position including earnings, dividends, debt, liquidity, credit ratings and capital expenditure plans. It also outlines recent and upcoming regulatory proceedings and rate cases across Xcel Energy's operating jurisdictions.
The equities market closed lower, with the NSE ASI falling 0.87% as corporate and economic news were reported. The Securities and Exchange Commission plans to support FMDQ OTC to develop the debt capital market and finance Nigeria's N3.9 trillion infrastructure deficit. Dangote Refinery is scheduled to commence operations in 2018 with 650,000 barrels per day of refining capacity. Foreign reserves declined 0.84% from the previous month to $30.13 billion, down 22.43% from a year ago. Various banks including FBN Holdings and UBA confirmed paying fines to the CBN for failing to remit funds to the Treasury Single Account.
The document provides a weekly market report from Trustbanc Capital. It includes the following information:
- The equities market closed up 0.38% on the day and up 0.69% for the week.
- News items include the NSE aiming to boost market integrity through broker oversight, $14.34 million in foreign investment flowing into the oil and gas sector in H1 2015, and BGL and its subsidiaries remaining suspended from the capital market.
- The MPC meeting resulted in a reduction of the CRR to 25% and keeping other rates unchanged.
- Analysis of market performance, sector performance, top gainers and losers for the week are also included.
New base special 05 january 2014 khaled alawadiKhaled Al Awadi
Sea Dragon Energy has acquired a 12.75% stake in an offshore oil concession in Egypt, which includes a 10-year investment commitment of $23 million to drill one well and upgrade facilities. The concession covers 26.2 square kilometers in 27 meters of water between the proven Ramadan and Saggara fields, which have already produced 3.75 million barrels of light oil. Kosmos Energy will use the semi-submersible rig Maersk Discoverer, capable of drilling to 30,000 feet, to drill the FA-1 exploration well off Morocco in the first half of 2014 as part of a farm-out agreement with BP. Fitch Ratings upgraded Egypt's economic outlook from negative to stable
Sea Dragon Energy has acquired a 12.75% stake in an offshore concession in Egypt covering 26.2 sq km with two existing productive oil horizons. The 10-year concession requires $23 million investment including one exploration well and facility upgrades. Kosmos Energy will use the semi-submersible rig Maersk Discoverer to drill the FA-1 exploration well in Morocco in the first half of 2014, with BP funding well costs up to an agreed maximum. Fitch Ratings upgraded Egypt's economic outlook from negative to stable while keeping its credit ratings unchanged, citing improvements in the political situation and key economic indicators. Russian oil production reached a post-Soviet high of 10.51 million barrels per day in 2013
Indian markets fell as worries over slowing domestic economy weighed on sentiment. Banking stocks were hit hard due to lower-than-expected advance tax payments. Asian stocks turned higher after an initial drop as investors recovered some losses. The markets are expected to open positive today following Asian shares, but worsening domestic growth and tight liquidity may limit gains.
The document discusses the role of government sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac in the US housing market and implications for 2009. It outlines how GSEs provide liquidity and stability by purchasing mortgages from banks and securitizing them. While this expanded homeownership, it also increased risks. The financial crisis led to federal intervention and the GSEs being placed into conservatorship. The document discusses proposals to reform and reinvent the GSEs role going forward.
Greetings,
Attached FYI ( NewBase Special 28 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• ROYAL DUTCH SHELL PLC - Shell Updates on Alaska Exploration
• Morocco: Paying less in slump lifts Morocco above oil-pumping neighbours
• Russian oil producers head for tax showdown amid output warnings
• Oil prices fall on slowing global economic growth outlook
• Oil Traders May Look to the Sea for Profit Amid Price Collapse
• Iran Seeks $150 Billion to Target 8 Percent Annual Growth
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
- Indian markets continued their positive momentum from the previous day, closing higher as global markets also rose on expectations that weak economic data will push the US Federal Reserve to enact new stimulus measures.
- The Sensex rose 1% while the Nifty gained 1.02%, led by gains in IT, capital goods, consumer durables and bank stocks. IT stocks rose after an industry body reiterated growth forecasts.
- Market breadth was strong and FIIs were net sellers of equities worth Rs. 1.01 billion, while domestic institutions purchased equities of Rs. 3.02 billion. Asian markets opened lower on profit-taking while European markets were mixed.
Rescue Efforts to Spanish Banks Deemed Insufficient QNB Group
The EU rescue efforts for Spanish banks are deemed insufficient by QNB Group for three key reasons:
1) Spanish banks still have large amounts of toxic assets left over from a burst property bubble that is weighing on them.
2) Planned EU measures to provide up to €100 billion in funds to Spanish banks may not be enough, as the banking system is very large relative to Spain's economy at over three times GDP.
3) The weak Spanish economy and housing market continue to deteriorate, along with high unemployment, large government debt, and fiscal deficit, making the banking system's revival dependent on more efforts to restart economic growth.
This document provides an overview of Xcel Energy Inc.'s upcoming presentation at the EEI Financial Conference from November 9-12, 2008 in Scottsdale, Arizona. Key points include Xcel Energy maintaining solid credit ratings and a strong balance sheet. The company also discusses capital investment plans, financing strategies, and earnings guidance of $1.45 to $1.55 per share for 2009. An upcoming analyst meeting on December 3rd will provide more details on strategic, generation, renewable, and regulatory plans.
Herman Li, guitarrista y corista de la banda de power metal Dragonforce, comenzó a tocar la guitarra eléctrica a los 16 años. Formó Dragonforce en Londres después de tocar en varias bandas. Dragonforce se distingue por su velocidad, solos rápidos e influencia de sonidos de videojuegos. La banda ha tenido éxito interpretando power, melodic y epic metal con letras épicas.
SPBNET (Greenlabs) is focused on delivering business solutions and internet tech support for the corporate customers. Company is the main brand of Etera Group www.eteragroup.com
This document outlines rules and guidelines for students in an English language classroom. It contains instructions on only speaking English to teachers, paying attention during class time, submitting assignments, formatting written work, working in groups, consequences for low marks, and encouragement to take advantage of learning opportunities. Students are told to speak English, pay attention, format work neatly, follow rules of behavior, and open their minds to learning. Teachers are there to help, and students can improve by redoing work.
O poema fala sobre aproveitar a oportunidade que o novo dia traz para recomeçar e seguir em frente, deixando para trás a desumanidade do mundo para focar no que realmente importa, como a esperança de que "o sol nasce pra todos".
This 3 sentence summary provides the high level and essential information from the document:
My journey started with only knowing Microsoft Office programs but a door of opportunity opened allowing me to learn about assistive and adaptive technologies from Dr. Jacqui Cyrus and others, expanding my knowledge beyond just Office programs.
In order to get hooked by TDD it sometimes seems too much effort to setup things, but that should not be the barrier. Along came Google Spreadsheets and I had a no-setup environment, at least for doing katas and showing of the magic of being rewarded with a red box switching to green once I implemented the right thing. I will tell you the story of how I tried to make TDD as simple as possible and how I ended up with Google Spreadsheets and also how this inspired me to build tddbin.com for use at our JSCodeRetreats. I believe it’s the red-green cycle that got them hooked. I did it with students and also kids even a manager asked me “why does not everyone program like that?”.
The Commonwealth Bank of Australia's $5 billion capital raising fell short of its target from retail investors. The bank raised $1.5 billion from household investors, only half of the $3 billion it aimed to raise from that group. Due to high volatility in global markets, the bank closed the retail offer early and institutional investors will purchase the remaining shares in a bookbuild on Monday. Analysts note the turbulent markets have hit banking stocks hard and made investors more cautious about the sector.
One in 12 Australians will develop bowel cancer, but you can help beat these odds.
Protect your workforce with our corporate bowel screening program. Through the program, you can offer screening kits to your employees for as little as $26 per person.
More information on our website.
Greetings,
Attached FYI ( NewBase Special 02 June 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• SolarImpulse Safe in NAGOYA - JAPAN
• Oman oil minister says Opec's decision not helping member states
• Egypt signs $2bn exploration deal with Italy's Eni
• Morocco: Pura Vida Energy spuds MZ-1 well, offshore Morocco
• Kazakhstan wants oil majors to develop Caspian Depression
• Tanzania: Swala Energy announces farmout licences to Tata Petrodyne
• Uganda announces London roadshow for First Licensing Round
• The U.S. oil fracker's dilemma: crouch or pounce?
• Oil prices stabilize, firm demand counters oversupply
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy sin
Microsoft word new base 675 special 30 august 2015Khaled Al Awadi
The document discusses several energy news stories:
1) Fuel prices in the UAE fell by around 8% for September in line with declines in international benchmark prices over the past month. Diesel prices fell by almost 8% and petrol prices fell between 8-8.7%.
2) Oman's oil production remains profitable even if prices fall below $46/barrel due to average production costs of $12/barrel. However, a prolonged downturn could force companies to cut back on future projects needed to sustain long-term production.
3) ACWA Power achieved financial close for developing a new 445MW gas power plant and acquiring an existing 273MW plant in Oman, with funding
Indranil Deb presented at the Symbiosis Institute of Management Studies on November 11, 2008. The presentation covered several topics related to the global financial crisis including the growth of global financial assets from $12 trillion in 1980 to $118 trillion in 2003, the shift away from banks towards market institutions, and the impact of the US subprime crisis which began surfacing in 2007. Effects of the crisis included losses totaling over $512 billion, the bankruptcy of Lehman Brothers, and declines in global stock markets and currencies from late 2007 through 2008.
xcel energy 1108Mid-Atlantic_Presentationfinance26
This document provides an overview of Xcel Energy's upcoming Mid-Atlantic Investor Meetings on November 18-19, 2008. It summarizes Xcel Energy's financial position including earnings, dividends, debt, liquidity, credit ratings and capital expenditure plans. It also outlines recent and upcoming regulatory proceedings and rate cases across Xcel Energy's operating jurisdictions.
The equities market closed lower, with the NSE ASI falling 0.87% as corporate and economic news were reported. The Securities and Exchange Commission plans to support FMDQ OTC to develop the debt capital market and finance Nigeria's N3.9 trillion infrastructure deficit. Dangote Refinery is scheduled to commence operations in 2018 with 650,000 barrels per day of refining capacity. Foreign reserves declined 0.84% from the previous month to $30.13 billion, down 22.43% from a year ago. Various banks including FBN Holdings and UBA confirmed paying fines to the CBN for failing to remit funds to the Treasury Single Account.
The document provides a weekly market report from Trustbanc Capital. It includes the following information:
- The equities market closed up 0.38% on the day and up 0.69% for the week.
- News items include the NSE aiming to boost market integrity through broker oversight, $14.34 million in foreign investment flowing into the oil and gas sector in H1 2015, and BGL and its subsidiaries remaining suspended from the capital market.
- The MPC meeting resulted in a reduction of the CRR to 25% and keeping other rates unchanged.
- Analysis of market performance, sector performance, top gainers and losers for the week are also included.
New base special 05 january 2014 khaled alawadiKhaled Al Awadi
Sea Dragon Energy has acquired a 12.75% stake in an offshore oil concession in Egypt, which includes a 10-year investment commitment of $23 million to drill one well and upgrade facilities. The concession covers 26.2 square kilometers in 27 meters of water between the proven Ramadan and Saggara fields, which have already produced 3.75 million barrels of light oil. Kosmos Energy will use the semi-submersible rig Maersk Discoverer, capable of drilling to 30,000 feet, to drill the FA-1 exploration well off Morocco in the first half of 2014 as part of a farm-out agreement with BP. Fitch Ratings upgraded Egypt's economic outlook from negative to stable
Sea Dragon Energy has acquired a 12.75% stake in an offshore concession in Egypt covering 26.2 sq km with two existing productive oil horizons. The 10-year concession requires $23 million investment including one exploration well and facility upgrades. Kosmos Energy will use the semi-submersible rig Maersk Discoverer to drill the FA-1 exploration well in Morocco in the first half of 2014, with BP funding well costs up to an agreed maximum. Fitch Ratings upgraded Egypt's economic outlook from negative to stable while keeping its credit ratings unchanged, citing improvements in the political situation and key economic indicators. Russian oil production reached a post-Soviet high of 10.51 million barrels per day in 2013
Indian markets fell as worries over slowing domestic economy weighed on sentiment. Banking stocks were hit hard due to lower-than-expected advance tax payments. Asian stocks turned higher after an initial drop as investors recovered some losses. The markets are expected to open positive today following Asian shares, but worsening domestic growth and tight liquidity may limit gains.
The document discusses the role of government sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac in the US housing market and implications for 2009. It outlines how GSEs provide liquidity and stability by purchasing mortgages from banks and securitizing them. While this expanded homeownership, it also increased risks. The financial crisis led to federal intervention and the GSEs being placed into conservatorship. The document discusses proposals to reform and reinvent the GSEs role going forward.
Greetings,
Attached FYI ( NewBase Special 28 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• ROYAL DUTCH SHELL PLC - Shell Updates on Alaska Exploration
• Morocco: Paying less in slump lifts Morocco above oil-pumping neighbours
• Russian oil producers head for tax showdown amid output warnings
• Oil prices fall on slowing global economic growth outlook
• Oil Traders May Look to the Sea for Profit Amid Price Collapse
• Iran Seeks $150 Billion to Target 8 Percent Annual Growth
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
- Indian markets continued their positive momentum from the previous day, closing higher as global markets also rose on expectations that weak economic data will push the US Federal Reserve to enact new stimulus measures.
- The Sensex rose 1% while the Nifty gained 1.02%, led by gains in IT, capital goods, consumer durables and bank stocks. IT stocks rose after an industry body reiterated growth forecasts.
- Market breadth was strong and FIIs were net sellers of equities worth Rs. 1.01 billion, while domestic institutions purchased equities of Rs. 3.02 billion. Asian markets opened lower on profit-taking while European markets were mixed.
Rescue Efforts to Spanish Banks Deemed Insufficient QNB Group
The EU rescue efforts for Spanish banks are deemed insufficient by QNB Group for three key reasons:
1) Spanish banks still have large amounts of toxic assets left over from a burst property bubble that is weighing on them.
2) Planned EU measures to provide up to €100 billion in funds to Spanish banks may not be enough, as the banking system is very large relative to Spain's economy at over three times GDP.
3) The weak Spanish economy and housing market continue to deteriorate, along with high unemployment, large government debt, and fiscal deficit, making the banking system's revival dependent on more efforts to restart economic growth.
This document provides an overview of Xcel Energy Inc.'s upcoming presentation at the EEI Financial Conference from November 9-12, 2008 in Scottsdale, Arizona. Key points include Xcel Energy maintaining solid credit ratings and a strong balance sheet. The company also discusses capital investment plans, financing strategies, and earnings guidance of $1.45 to $1.55 per share for 2009. An upcoming analyst meeting on December 3rd will provide more details on strategic, generation, renewable, and regulatory plans.
This document summarizes the Malaysian government's recent liberalization measures for the country's financial services sector. Key points include:
1) Allowing up to 7 new licenses for foreign commercial and Islamic banks, with 4 in 2009 and 3 in 2011 that can be wholly foreign owned.
2) Increasing the foreign equity limit for domestic insurance, takaful, and investment banks to 70% from 49% previously.
3) Providing greater operational flexibility for foreign commercial banks, such as allowing microfinance branches and new regular branches.
4) The changes follow Malaysia's gradual "managed approach" to financial sector liberalization outlined in its 2001 Financial Sector Master Plan.
The document provides an economic update and outlook for April 2013. It discusses political uncertainty in India with the withdrawal of support for the ruling coalition. While inflation remains elevated, wholesale prices and core inflation are softening. The RBI cut interest rates slightly but emphasized fiscal consolidation is needed to revive growth. Global conditions remain supportive for equities though Indian markets have underperformed due to domestic challenges around inflation and reforms.
The AES Corporation will host a conference call on August 8, 2008 at 10:00am EDT to review its second quarter 2008 financial results. Interested parties can access the call by dialing provided phone numbers or accessing the webcast on AES's website. A replay of the call will be available through August 29. AES is one of the world's largest power companies operating in 29 countries with over 28,000 employees and annual revenues of $13.6 billion in 2007.
What’s the first thing you think about when you hear the word “maintenance”?
Trouble? Bad news? A necessary evil? Or just plain boring?
Then August 7, 2006 should be your wake-up call.
That’s when oil giant BP admitted a tiny quarter-inch hole was part of a widespread corrosion problem affecting 16 miles of a 22-mile pipeline from Prudhoe Bay.
As a result, BP was forced to shutdown up to 400,000 barrels a day of production from the largest oil field in the United States.
The costs are staggering. However, BP’s battles with corrosion in its 29-year-old Alaskan oil pipeline are a reflection of a much bigger concern for many big corporations. Aging assets and years of poor maintenance are now taking their toll on profits.
So that’s why we published this special report. Here are 10 important lessons you can learn from BP’s experience – surely one of the most expensive mistakes in recent history.
What Every Senior Manager Should Know about Reliability
New Paper
1. afternoon edition
Nielsen Media Index 2008
SOME OF THE bEST THINGS IN lIFE ARE STIll FREE Friday October 17, 2008 www.todayonline.com we set you thinking
bIZ lATEST opec calls emergency meet as oil dips below US$70 SpORTS lATEST
UK follows Fed lead NEW YORK — Oil prices plummeted yesterday barrel in intraday trading, their lowest level since
Bank of England’s US Fed-style (this morning, Singapore time), falling below US$70 June last year. Oil has lost half its value since hitting
move to free up emergency
a barrel for the first time in 16 months, prompt- a record US$147.27 a barrel in July.
funding for ailing banks “could
have saved Northern Rock”,
ing the Organisation of the Petroleum Exporting While not quite a rout yet, the precipitous drop
say analysts. Page B1 Countries (Opec) oil cartel to call for an emergency undermines the elusive quest for stability that both
meeting next week. oil producers and petroleum executives say they
The rapid decline in prices have alarmed both need to invest over the long term. The sharp decline
2% US growth in ’09? petroleum company executives and oil producers, Thursday prompted Opec members to move up an
The US economy will grow who are becoming increasingly nervous that oil’s emergency meeting — initially set for Nov 18 — to
a “sluggish” 2 per cent next
roller-coaster ride undermines the stability of next Friday to look for ways to stem the price decline.
year, say Fortune 500 CEOs in
a survey. Page B1 energy markets. Analysts expect the cartel’s producers to reduce their Everybody loves Emile
Oil prices have dropped sharply in recent weeks production by about 1 million barrels a day. England’s least likely terrace
amid the economic crisis and lower consumption The surprise announcement came a week
Google, IbM are :) in developed nations. In New York yesterday, oil after Opec, which controls about 40 per cent of the
hero, Emile Heskey, has forged
a formidable pairing with
Two industry giants shook off futures fell as much as 8 per cent to US$68.57 a >> CONTINUED ON pAGE 2 Wayne Rooney. Page 52
the economy’s woes to deliver
third-quarter profits that beat
analyst expectations. Page B2
bANK DEpOSITS
No $15m handshake
AIG will not honour its US$10m
severance package with outgoing
chief financial officer Steven Ben-
singer, says US Attorney-General
Every cent guaranteed: MAS
Andrew Cuomo. Page B3 Govt backing for all deposits weakening their own financial institutions Deposits with overseas branches of local
a ‘precautionary action’ and financial sectors”.
“This is why although Singapore’s bank-
banks OCBC, UOB and DBS will be guaranteed
only if the branch falls under the Singapore legal
A pUblICATION OF
ing system continues to be sound and resil- entity. This means that the Australian branch of
MARISSA CHEW AND ESTHER FUNG
marissa@mediacorp.com.sg ient, the Government has decided to take OCBC would be covered, but the branches of
MICA (p) 132/10/2007
precautionary action to avoid an erosion of DBS Bank (Hong Kong) would not.
hotline 6822 2268 THE Singapore government yesterday said it banks’ deposit base and ensure a level inter- The guarantee will be backed by $150 billion
ADVeRtiSe 6359 7359 was taking “precautionary action” to guar- national playing field for banks in Singapore,” of reserves, for which the President’s concur-
antee in full all deposits in banks, a joint statement from MAS and the Ministry rence has been obtained. Singapore’s deposit
finance companies and merchant of Finance said. base is understood to be around $700 billion.
banks licensed by the Monetary The move by Singapore follows similar The $150 billion will be “well in excess
Authority of Singapore. guarantees in Australia and New Zealand of possible liabilities arising from the failure
The Singapore Government has over the weekend and Hong Kong on Tuesday. of any financial institutions”, said MAS and
repeatedly assured that the domestic Malaysia yesterday also said that it would the ministry.
Check out our financial system is stable and robust. guarantee all ringgit and foreign currency Commenting on the size of the $150 bil-
Amazing
But it said yesterday that the govern- deposits there. lion backing for the guarantee, OCBC econo-
ment guarantees for bank deposits The guarantee will cover all Singapore dol- mist Selena Ling said: “It’s not like Hong Kong
implemented recently in other juris- lar and foreign currency deposits of individuals when they had a bank run at Bank of East Asia.
dictions in the region “put pressure and corporates from now to Dec 31, 2010. The I don’t think there’s anything close or similar
offers inside! on other jurisdictions to respond or
risk disadvantaging and potentially
Government guarantee will also cover depos-
its with existing credit cooperatives.
to that happening in Singapore.
>> CONTINUED ON pAGE 2