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[깊이 있는 경제뉴스] 1) 美中 마라톤 협상.. 트럼프 "상당한 진전" 2) GPU 있어도 연구 못하는 대학.. 이유는? - 정지서 연합인포맥스 기자 - 조미현 한국경제신문 기자 [친절한 경제] 왜 LPG 값은 변동이 적나요? - 청취자 심재홍씨
When the US began announcing tariffs a month ago and China hit back with reciprocal tariffs, the whole oil market complex tumbled. Despite a relative recovery in line with crude oil four weeks later, the lighter end products of the barrel are still feeling the sting from an uncertain macroeconomic environment, as outlook in the global petrochemical industry flounders. With recession fears looming, what will a world of lower demand and tighter margins mean for the consumption of the two main petrochemical feedstocks, naphtha and LPG? In this episode of the Oil Markets podcast, Joel Hanley leads a discussion with market experts Dias Kazym and Barbara Fernandez-Pita to explore the short and long-term outlook of these two products. Related: MPGC
Enerji Günlüğü Haber Bülteni:Türkiye'nin ve Dünyanın Enerji Gündemienerjigunlugu.net
Akhir-akhir ini masyarakat selalu dikejutkan dengan berita-berita mulai dari kelangkaan LPG 3 kg, BBM oplosan di Pertamina, dan kecurangan takaran pada minyak goreng Minyakita.Kasus korupsi yang terjadi juga sangat besar jumlahnya yang membuat kaget masyarakat di tengah sulitnya masyarakat mencari pekerjaan dan gelombang PHK yang terjadi dimana mana. Lalu munculah tagar #Indonesiagelap dengan aksi demo yang dilakukan oleh mahasiswa dan juga tagar #kaburajadulu.Selain itu kurangnya komunikasi antar lembaga di pemerintahan dalam membuat aturan dan kebijakan sehingga selalu direvisi pasca viral di media sosial.Dengan carut marutnya berbagai kasus yang terjadi akhir-akhir ini membuat masyarakat resah. Bagaimana masyarakat harus menyikapinya?
Nitin Gadkari promises a new national toll system within days, Hardeep Singh Puri defends LPG prices, calls India a winner in tariff wars, and top consultants back India's edge in global trade shifts. On market mood: Fund managers bet on equities despite uncertainty, Sunil Singhania urges caution, Prashant Khemka stays bullish. Commerce Ministry mulls incentives to counter US tariff impact, PAG plans Nuvama exit; Sahyadri Hospitals draws interest and tiny Lesotho reels under Trump tariffs, pleads for relief.
* RN Ravi: `10 மசோதாக்களை நிறுத்தி வைத்தது சட்டவிரோதம்!' - ஆளுநருக்கு எதிராக உச்ச நீதிமன்றம் அதிரடி?• வரலாற்றுச் சிறப்புமிக்க தீர்ப்பு - முதல்வர்• வக்ஃப் திருத்தச் சட்டம்: அவசர வழக்காக விசாரணை? • உபி சட்டத்தின் ஆட்சி முழுமையாக சீர்குலைவு.. உச்சநீதிமன்றம் அதிருப்தி?• LPG: சமையல் எரிவாயு சிலிண்டர் விலை ரூ. 50 உயர்வு; மோடி அரசுக்கு வலுக்கும் கண்டனங்கள்! • காஸ் சிலிண்டர் விலை ரூ.50 உயர்வு: ``ஏழை மக்கள் மீது தாக்குதல்'' - மத்திய அரசைக் கண்டித்த ராமதாஸ்! • Gas விலையேற்றம்: "நாட்டு மக்களின் வயிறு எரிய வேண்டுமா?" - ஸ்டாலின் கண்டனம்! • எப்போது 100 ரூபாய் கேஸ் மானியம் கொடுப்பீர்கள்? - விஜய்• அகம்பாவத்தில் ஆடுகிறார்கள் - இபிஎஸ்!• ஆண்களுக்கும் இலவச பேருந்து பயணம் கிடைக்குமா? - சட்டப்பேரவையில் காங்கிரஸ் உறுப்பினர் கேள்வி • கே.என்.நேரு வீட்டில் அமலாக்கத்துறை எடுத்த பைல்கள் என்னென்ன?• எம்புரான் படத்தின் தயாரிப்பாளரிடம் அமலாக்கத்துறை விசாரணை?• பண மோசடி வழக்கு விசாரணையை ஒத்திவைக்க வேண்டும் - கார்த்தி சிதம்பரம்• பின்னால் வந்து மோதிய லாரி.. நொறுங்கிய கார்! விபத்தில் சிக்கிய ஆவடி போலீஸ் கமிஷனர் நிலை என்ன?• போக்சோ வழக்கு: பிரபல மத போதகர் தலைமறைவு.. கோவையில் நடந்தது என்ன? • வெஜ் பிரியாணிக்கு பதில் வந்த சிக்கன் பிரியாணி.. வைரலான வீடியோ; உணவக உரிமையாளர் கைது!• சீனா மீது மீண்டும் வரி விதிப்பேன் ட்ரம்ப்?
MARKET SHOCK: MONDAY MELTDOWN, BUT A POSSIBLE REBOUND India's stock markets suffered their worst single-day fall in 10 months, with the Sensex plunging nearly 3%—opening 4,000 points lower—after Donald Trump's tariff threats sent global investors into panic mode. Midcap and smallcap indices dropped even more, down 3.5% and 3.8%. Despite the turmoil, experts say this isn't an India-specific issue. “Today's correction is more global panic than India-specific,” noted Finavenue's Abhishek Jaiswal. Historically, such sharp corrections are often followed by strong rebounds. Meanwhile, the rupee stayed largely stable, slipping only 0.47%, and India's markets are still outperforming peers like Japan, Hong Kong, and the US. UP POLITICIAN ARRESTED IN MASSIVE ₹750 CR BANK FRAUD Vinay Shankar Tiwari, son of late UP strongman Hari Shankar Tiwari, was arrested in a ₹750 crore bank fraud case. The ED claims he diverted funds from a ₹1,129 crore loan taken by Gangotri Enterprises, where he was a promoter. After ignoring multiple summons, Tiwari was picked up from Lucknow following raids across five cities. Over ₹100 crore in assets have been seized. The case stems from a CBI FIR filed after complaints from the Bank of India-led lending consortium. Tiwari, once elected on a BSP ticket and later with the Samajwadi Party, is now at the heart of one of UP's largest banking scandals. TRUMP TARIFFS COULD SHRINK INDIA'S US EXPORTS BY $5.76 BILLION India's booming exports to the US face a serious threat under Donald Trump's revived “America First” agenda. According to the Global Trade Research Initiative, new tariffs could slash India's exports by over 6% in 2025. High-impact sectors include gems and jewellery, electronics, auto parts, and seafood. Of the $89.8 billion India exported to the US last year, $67.2 billion will now face a steep 26% duty—up from lower MFN rates. While some industries may benefit from Chinese penalties, many others face steep losses. India's government is maintaining a cautious stance, avoiding retaliatory tariffs for now. LPG PRICES UP ₹50; PETROL, DIESEL EXCISE HIKED Households will pay more for cooking gas starting Tuesday, April 8, with LPG cylinder prices hiked by ₹50. Under the Ujjwala scheme, subsidized cylinders will now cost ₹550; others will pay ₹853. The government also raised excise duty on petrol and diesel by ₹2 per litre but clarified that pump prices will remain unchanged for now, thanks to falling global crude prices. “The price hike will be reviewed,” said Oil Minister Hardeep Singh Puri, noting the move will help recover ₹43,000 crore in losses incurred by oil companies due to previous subsidies. PRESTIGE HOSPITALITY GEARS UP FOR ₹2,500 CR IPO Prestige Hospitality Ventures, a subsidiary of real estate major Prestige Group, is preparing to go public to raise ₹2,000–2,500 crore. The company is expected to file its draft IPO papers with SEBI in the next two weeks. The funds will be used to expand its hotel portfolio and reduce debt. The firm currently operates eight hotels (1,477 keys) and has 15 more in the pipeline, including high-end properties in Delhi Aerocity, Mumbai, Goa, and more. With travel demand rising and partnerships like Marriott in place, the IPO aims to tap into India's fast-growing hospitality market. Prestige joins a wave of hotel IPOs including Samhi Hotels, Juniper Hotels, and Ventive Hospitality, as the sector rides a post-pandemic growth wave.
दुनिया भर के बाज़ारों ने झेला ब्लैक मंडे, उत्तर प्रदेश की कानून व्यवस्था पर CJI का कड़ा कमेंट, 26/11 हमलों के आरोपी तहव्वुर राणा की याचिका फिर खारिज, वक्फ़ एक्ट को लेकर कश्मीर विधानसभा में हंगामा, केंद्र ने महंगा किया LPG सिलेंडर, बढ़ेगी गर्मी IMD ने जारी की हेल्थ एडवायज़री और RCB ने कैसे खत्म किया 10 साल का सूखा? सुनिए देश-दुनिया की बड़ी खबरें ‘आज के अख़बार' में मानव देव रावत से.
In this episode of Global LPG Conversations Argus' David Appleton talks to Ewa Abramiuk – Lété, General Manager of Liquid Gas Europe about a landmark report the association has published on the potential growth and availability of renewable LPG and rDME in Europe as well as the upcoming European Congress in Katowice, Poland.
Enerji Günlüğü Haber Bülteni:Türkiye'nin ve Dünyanın Enerji Gündemienerjigunlugu.net
După ce a lucrat zece ani în domeniul farma, Alexandra Crâșmaru și-a dorit să intre în zona de antreprenoriat prin lansarea pe piață a unei clinici dermato – estetice care să ofere pacienților încredere și servicii de calitate. A ales să ofere clienților cele mai inovatoare tehnologii și protocoale, punând accent pe echipa cu care a pornit la drum și care s-a dezvoltat constant. Datorită creșterii și evoluției spectaculoase, Clinica Illuma s-a mutat anul acesta într-un sediu nou, alături de Ioana Drăgan, medic specialist obstetrică ginecologie si fondator LYV. Illuma Clinique oferă o gamă completă de servicii de dermatologie estetică şi îngrijire a pielii – de la tratamente anti-aging şi rejuvenare, care pot fi injectabile sau non-invazive, până la terapii pentru sănătatea pielii, cum ar fi tratamentele împotriva acneei sau pigmentărilor. Dar și servicii diverse, adresate atât femeilor cât şi bărbaţilor, respectiv epilare definitivă realizată cu cele mai avansate echipamente laser, tratamentele corporale, tratamentele de regenerare a părului și mica chirurgie.
Enerji Günlüğü Haber Bülteni:Türkiye'nin ve Dünyanın Enerji Gündemienerjigunlugu.net
Navigator Gas (NYSE: NVGS) - Corporate Strategy and LPG Sector Outlook March 27, 2025 Featuring: Mr. Mads Peter Zacho, CEO of Navigator Gas Mr. Nicolas Bornozis, President of Capital Link About NVGS: Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) is the owner and operator of the world’s largest fleet of handysize liquefied gas carriers and a global leader in the seaborne transportation services of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (“LPG”) and ammonia and owns a 50% share, through a joint venture, in an ethylene export marine terminal at Morgan’s Point, Texas on the Houston Ship Channel, USA. Navigator Gas’ fleet consists of 59 semi- or fully-refrigerated liquefied gas carriers, 28 of which are ethylene and ethane capable. The Company plays a vital role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders, with its sophisticated vessels providing an efficient and reliable ‘floating pipeline’ between the parties, connecting the world today, creating a sustainable tomorrow. Navigator Gas’ common stock trades on the New York Stock Exchange under the symbol “NVGS”. For more information please visit: www.navigatorgas.com About Trending News: This Podcasts Series features interviews and discussions with senior management elaborating on recent company news and announcements, and market trends. For more episodes please visit here: https://capitallinkshipping.com/trending-news/
00:00 - Learnings So Far In 202507:28 - Container Markets12:25 - Car Carrier And Ro-Ro Markets19:23 - Gas Markets (LNG and LPG)22:27 - Golar LNG26:20 - LPG Ahead28:25 - John Fredriksen Golden Ocean Exit 33:10 - Dry Bulk Markets Ahead40:05 - Tankers Markets And Crude Oil46:30 - How To Value A Shipping Company 51:44 - Best Question To Ask Shipping CEOs?54:33 - How To Make A Career In Shipping And Finance?01:00:44 - Most Impressive Shipping CEOs And Companies?01:03:50 - List A Shipping Company In Oslo or New York?01:05:50 - Favorite Books From Eirik Haavaldsen (Fiction)Eirik Haavaldsen is Head of Research at Pareto, and one of leading experts on shipping stocks. In this episode, we analyse all shipping segments for 2025, and learn how Eirik finds value in different types of maritime companies. Let us know what you think of the episode, and please comment and share the interview with friends and network. It helps more than you can imagine! Christopher Vonheim is a Norwegian host focused on business, ocean industries, investing, and start-ups. I hope you enjoy this tailor made content, and help us make this channel the best way to consume ideas, models, and stories that can help fuel the next entrepreneurs, leaders and top performers. Hosted on Acast. See acast.com/privacy for more information.
Jet-fan systems effectively control smoke in car parks by creating directed airflows that transport smoke from one point to another, similar to how longitudinal ventilation works in tunnels. These systems offer cost-effectiveness and simplicity by eliminating ductwork while providing powerful smoke management capabilities when properly designed and understood.• Jet Fans create momentum transfer through air entrainment rather than directly moving smoke• Two distinct operational modes exist: smoke clearance (reducing thermal stress) and smoke control (maintaining clear firefighter access)• Systems require careful balancing of extraction capacity with Jet Fan thrust force• Optimal design typically requires CFD modeling followed by hot smoke testing for verification• Jet Fan activation timing presents challenges for evacuation - usually delayed until occupants exit• Systems excel in tunnel-like geometries but struggle with complex layouts (the "Tetris rule")• Particularly effective against heavier-than-air gases like LPG or EV battery fire emissions• European standards now available through EN 12101 family for design guidanceIf you need design assistance with Jet Fan systems for your projects, email me directly at w.wegrzynski@itb.pl. Further reading:- Jet-Fan Systems in Car Parks Design Methods: an Overview and Assessment of Performance- Our in-depth multiparametric study on car park ventilation- A. Król and M. Król, Study on numerical modeling of jet fans- Thunderhead's guide to modelling jet-fans in FDSFire Science Show has been named the top podcast in Fire Protection and Safety by Feedspot. Check the list below, and you will also discover a lot more podcasts in our space!https://podcast.feedspot.com/fire_protection_and_safety_podcasts/Thank you for your continuous support, and to the OFR for making it possible to create this content!----The Fire Science Show is produced by the Fire Science Media in collaboration with OFR Consultants. Thank you to the podcast sponsor for their continuous support towards our mission.
KIRIM CERITA BISA KESINI https://bit.ly/Isengcurhat atau bisa kirim ke email isengpodcast.project@gmail.comCeritanya bebas, mau itu asmara, pertemanan, uneg-uneg, horor, pertanyaan, atau mau sapa-sapa penonton dan pendengar Iseng Podcast lainnyaMengawali tahun 2025, gebrakan pemerintah baru mulai membuat gaduh masyarakat. 100 hari pemerintahan Presiden baru masih dinilai kurang implementatif dan menimbulkan banyak polemik. Mulai dari kebijakan MBG belum tepat sasaran, LPG yang sempat dilarang penjualan via agen eceran, hingga efisiensi yang mengorbankan kebutuhan pegawai pemerintah.
Our first feature on "This Week in Pharmacy" is the announcement about IPC and LPG: The Independent Pharmacy Cooperative (IPC) and Legacy Pharmacy Group (LPG) are partnering to improve patient care and strengthen community pharmacies. How will the partnership help pharmacies and patients? Streamlined supply chain The partnership will improve the supply chain for essential medications and healthcare products. Competitive pricing The partnership will help pharmacies get better pricing and discounts. Digital health services IPC's iCare+ platform will give LPG members access to digital health services like telehealth, patient transport, and discount prescriptions. Legislative advocacy IPC and LPG will work together to advocate for PBM reform, pharmacist provider status, and patient access to cost-effective medications. What are IPC and LPG? IPC - A member-owned Group Purchasing Organization (GPO) that supports independent pharmacies across the United States. LPG - A pharmacy group that offers programs and systems to help members promote and expand their business. What does this partnership mean? The partnership will create new opportunities for growth and improve patient care. Press Release: https://www.prnewswire.com/news-releases/independent-pharmacy-cooperative-ipc-and-legacy-pharmacy-group-lpg-announce-strategic-cooperation-agreement-302377435.html Our second part features a fun conversation with Dr. Joey Mattingly, Associate Professor & Vice Chair of Research at the University of Utah College of Pharmacy and Darshan Kulkarni PharmD Esq. Linkedin Top Voice| Life Science Lawyer | Emily Whitehead Foundation Board Member talking about the state of GLP-1 Advertising. A venture-funded startup is partnering with compounding pharmacies to market and distribute compounded GLP-1s across state lines. (Whoa!) https://www.linkedin.com/posts/joeymattingly_congrats-to-fella-health-for-getting-its-activity-7301247943108440067-UCWB?utm_source=share&utm_medium=member_desktop&rcm=ACoAAABrTvQB0dlEVm5vGSXYR3MCaqeEzqaBQ8M New boost
1부 [JB TIMES] 명태균-김건희 통화 녹취 첫 공개 창원지검 검사 8인, 수사보고서 연서명…이유는 김영선, ‘김건희 공천 개입' 폭로 위협했다? 친한계, ‘광주 사죄' 김상욱에 “단톡방서 나가라” 요구? 헌재에 LPG 가스 배달한 자영업자 '테러범' 좌표 찍혀 尹 극렬 지지층 사이에 퍼진 ‘플랜D 尹암살' 음모론 - 더 막내작가
Nordnets analytiker, Roger Berntsen, har hatt en samtale med Øystein Kalleklev, CEO i Avance Gas og Flex LNG.Avance Gas er et norsk rederikonsern. Mesteparten av selskapets transportmaterial består av flytende petroleumsgass (LPG) via selskapets gasstankskip i segmentet VLGC (Very Large Gas Carrier). Konsernet driver virksomhet på globalt nivå, og transporterer petroleumsgass fra Midtøsten og USA til Europa, Sør-Amerika og Asia. Selskapet ble etablert i 2007 som et datterselskap av Stolt-Nielsen. Hovedkontoret ligger i Oslo.Flex LNG er et norsk selskap som driver innenfor olje- og gassindustrien. Selskapet transporterer LNG (flytende naturgass) og tilbyr regassifisering av FSRU-enheter (Floating Storage Regasification Unit). Selskapet eier og forvalter flere LNG-fartøy i ulike størrelser. Selskapet er registrert i Bermuda.Finansielle verdipapirer kan både øke og minke i verdi. Det er en risiko for at du ikke får tilbake pengene du har investert. Før du investerer i et fond bør du lese prospektet som er tilgjengelig hos fondsforvalter og nøkkelinformasjonen du finner på ordreleggingssiden og på fondets produktside på nordnet.no.
Partai Amanat Nasional (PAN) mengusulkan kepada pemerintah akan mengalihkan pola subsidi yang selama ini diberikan berupa barang yang khusunya LPG 3kg agar diberikan dengan cash.
Federico, Isabel y Teresa de la Cierva hablan con Lionel Galipienzo, Director General de LPG, y el fisioterapeuta Antonio Arjona.
Do you believe these myths? It's OK if you do-but here's why I don't. We'll also look at a really comfortable sleeping pad, visit a geologic wonder, explain LPG vs. Propane vs. Butane vs. Natural Gas, and spend some time with Wheelie Yellow If you're looking for my personal articles, you can find them at https://peregrinus.ghost.io I wish I had the Elegear pad when I owned this setup. TECH TALK Seymour 16-45 Rust Converter, Black https://amzn.to/40KmF7R PRODUCT REVIEW Elegear Pad https://amzn.to/4hzjRBT A PLACE TO VISIT Kelleys Island Glacial Grooves https://www.kelleysislandchamber.com/directory/places/glacial-grooves/ RESOURCE RECOMMENDATION Wheelie Yellow https://www.youtube.com/@WheelieYellow Some links are affiliate links. If you purchase anything from these links, the show will receive a small fee. This will not impact your price in any way.
In this episode, we dive into Liquified Petroleum Gas trading. What is LPG used for, where is it produced and how has the market developed since the advent of shale? How is trading LPG different from other commodities and what does it herald for other fuels? What is its role in the energy transition and what is its future? Our guest is Jack Nugent. Jack brings a unique perspective. From his early days in LPG broking, to living and working in both Europe and Asia as a LPG trader, he later co-founded his own successful LPG trading company. Jack is the CEO and Founder of Tradavex, a consultancy that helps organizations bridge the interface between technology and business.Relevant Linkswww.encoinsights.comwww.hcgroup.globalwww.tradavex.com
BKPK Kemenkes: Cek Kesehatan Gratis Setara dengen Rp2 juta Per Orang | Retret Kepala Daerah, Wamendagri: Dilakukan 21-28 Fabruari | Pemkot Solo Pantau Ribuan pangkalan LPG di Wilayahnya
Indikator Politik's polling corroborates earlier Kompas polling on President's popularity but the majority is against his discourse on changing electoral system. Also: A snaking queue for 3 kg LPG canister after a new policy, Elon Musk's policy of downsizing the US Government starts to take shape after halting funding for USAID, and DHE policy is enacted for March after prabowo's meeting with Ministers. For a free trial of Reformasi newsletter, go to reformasi.infoRead Erin's newsletter Dari Mulut Ke Mulut here: https://darimulut.beehiiv.com/It takes a lot of money to run a podcast. You need subscription fees for hosting, audio recording services, editor's salary and music licensing. Luckily, you, estemeed listeners of Reformasi Dispatch podcast can help us.You can donate to us on buymeacoffee.com/reformasi and help us grow!
Stok gas LPG 3 kg masih sulit didapatkan oleh sebagian pengecer di beberapa wilayah Jakarta. Beberapa warung pun belum mendaftar untuk menjadi sub pangkalan agar dapat menjual gas LPG 3 kg. Kendala ini menyebabkan kelangkaan di pasaran, meski permintaan tetap tinggi.
In this episode of the BIC Magazine Weekly Industry Report, we break down Energy Secretary Chris Wright's latest order prioritizing energy production, ONEOK and MPLX's joint venture for a new LPG export terminal in Texas City, falling natural gas prices across major U.S. hubs, potential U.S. crude export declines amid a trade war with China, and America's reliance on imported uranium. For more news on the renewable energy industry, manufacturing industry, oil and gas industry and more, visit bicmagazine.com.
Will Eli Manning Make the Hall Of Fame? Bobby and Justin make his case and talk about if they think he will make it . License Plate Guy joins the show to talk about Eli's Hall Of Fame Chances and who he thinks the Giants should DraftYou can follow LPG here:https://x.com/LicensePlateGuyhttps://www.instagram.com/licenseplateguy/?hl=en00:00 Will Eli get in the HoF 03:30 LPG Joins the Show + Eli Should Make the HoF 12:30 Biggest advocate for Eli? 19:00 Tough Standing By the Giants? 24:00 See anything on the Giants Sideline? 27:30 Should Giants Draft a QB? 35:40 Will a QB Reignite the Giants? 38:50 Are you happy to see Saquon in the super bowlUse code GIANTS2025 for 10% off your next SeatGeek order*: https://seatgeek.onelink.me/RrnK/GIANTS2025. Sponsored by SeatGeek. *Restrictions apply. Max $20 discountHead to https://www.factormeals.com/giants50off to save 50% off your first box!Download the DraftKings Sportsbook app and use promo code WORLDJoin our Patreon: https://Patreon.com/TalkinGiantsTickets to our tailgates: https://shop.jomboymedia.com/products/talkin-giants-l16-tailgate-series-1Check out our Merch: https://shop.jomboymedia.com/collections/talkin-giantsSubscribe to JM Football for our NFL coverage: https://www.youtube.com/@JMFootballSubscribe to the JM Newsletter: http://jomboymedia.com/email#giants #nygiantsGAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in NH/OR/ONT. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new customer. $5+ first-time bet req. Max. $200 issued as 8 $25 Bonus Bets that expire in 7 days (168 hours), are single-use and non-withdrawable. Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 2/9/25 at 11:59 PM ET. Sponsored By DK.
Menteri Energi dan Sumber Daya Mineral (ESDM) Bahlil Lahadalia melakukan inspeksi mendadak (sidak) di pangkalan gas elpiji tiga kilogram di kawasan Jakarta Barat. Setelah sidak, Bahlil mengumumkan bahwa pengecer yang sebelumnya mendistribusikan LPG langsung ke masyarakat akan difungsikan sebagai sub-pangkalan untuk mengontrol penjualan gas subsidi. Kebijakan ini diambil setelah evaluasi terkait larangan penjualan LPG 3 kilogram di tingkat pengecer, yang bertujuan untuk menata proses distribusi gas subsidi yang selama ini berpotensi tidak tepat sasaran.
W Polsce zużywamy ok. 2,5 mln ton LPG rocznie – głównie jako autogaz. Import z Rosji do niedawna pokrywał około połowę tego zapotrzebowania, ale od 20 grudnia jest (prawie) niemożliwy, bo weszło w życie embargo powiązane z 12. pakietem sankcji przeciwko Rosji. O tym jak poradziliśmy sobie z tą sytuacją pytamy Bartosza Kwiatkowskiego, dyrektora generalnego Polskiej Organizacji Gazu Płynnego. Prowadzi Julia Cydejko.
EAH co-hosts Alicia Eastman and Patrick Molloy sat down with Amy Hebert, the CEO of Arcadia eFuels and learned more about Arcadia goals to produce future fuels that protect our environment and power the world. Learn more about Arcadia projects in Denmark, the United Kingdom and the United States as well as Project SkyPower, which Amy co-Chairs, paving the way for the first large-scale eSAF plants in Europe to reach Final Investment Decision by the end of 2025.About Amy Hebert:Amy Hebert has more than 25 years of global industry experience and 12 years in executive leadership focused on the refining, chemical and polymer markets. She has expertise in all aspects of business management including developing and executing long term business strategy while managing overall financial wellbeing; managing joint ventures, new plant construction, and plant expansions from idea, through design and startup. Most recently, she was Deputy CEO and Chief Commercial Officer for Haldor Topsoe, and prior to that Vice President Europe with Celanese and Global Vice President Catalysts at Albemarle. Amy holds a B.Sc. in Chemical Engineering from Georgia Institute of Technology. Amy is also a supervisory board member, nomination and audit committee member of specialty chemicals player IMCD (formerly International-Müller Chemical Distribution).About Arcadia eFuels:Arcadia eFuels is creating net zero carbon fuels that use existing infrastructure and work in existing engines. Arcadia leverages proven technology in a novel way to meet the significantly outpaced market demand.Arcadia intends to build multiple plants that will each produce 80,000 tons (100 million liters or 28 million gallons) of eFuels per year. Specifically, Arcadia will produce eDiesel and electro sustainable aviation fuel (eSAF) to power the hard to abate long haul transportation sectors such as aviation and shipping. Beginning with renewable electricity, Arcadia will make green hydrogen, then combine carbon dioxide from direct air capture and/or other biogenic carbon sources to produce syngas. Further processing produces carbon neutral eFuels such as eSaf, eDiesel, eNaptha, and LPG.The carbon neutral eFuels can be used by existing cars, trucks, ships, and airplanes as a complete replacement for fossil fuels.--Links:www.arcadiaefuels.comwww.project-skypower.org
Enerji Günlüğü Haber Bülteni:Türkiye'nin ve Dünyanın Enerji Gündemienerjigunlugu.net
Die Pad na die Recces Wanneer jy die naam "Recce" hoor, dink jy dadelik aan Suid-Afrika se elite-soldate. Maar min mense weet werklik wat dit gevat het om een te word. Sersant-Majoor SW Forie en Sersant-Majoor James lig vandag die sluier. Die keuringsproses was berug - slegs 4 tot 6 uit elke 100 man het dit gemaak. Aanvanklik was dit 'n drie-week marteling waar kandidate 800 kilometer moes stap of hardloop - omtrent 42 kilometer per dag. Later het dit verander na 'n korter, maar dalk nog meer uitmergelende toets van vier-en-'n-half dae. "Die sielkundige aspek was die belangrikste," vertel Forie. "Kandidate het 'n 24-uur rantsoen-pak gedra, maar as jy daaraan geraak het, was jy dadelik gediskwalifiseer. Net water was toegelaat. Geen slaap nie. Dit was 'n toets van wilskrag, nie spiere nie." Die "Meellopers" - senior operateurs en sielkundiges - het elke kandidaat fyn dopgehou. Hulle het 14 verskillende eienskappe gesoek: spanwerk, leierskap, deursettingsvermoë, en die regte soort aggressie. Interessant genoeg was dit dikwels die kleiner, maer manne wat die beste gevaar het. 'n Ander Soort Leierskap Die Recces se benadering tot leierskap was revolusionêr vir daardie tyd. "Ons het nie geglo in die gewone weermag se rigiede hiërargie nie," verduidelik James. "By ons kon enige lid van die span 'n leier wees - offisier of nie." Voor operasies het spanne vir maande geoefen. Elke man het presies geweet wat sy rol was. As dinge skeef loop, het die spanleier almal se insette gevra. "Dit was 'n broederskap van vertroue," sê Forie. "Jou span was jou familie." Operasie Amazon: Die Nag wat Lobito Geskud Het Een van die mees dramatiese stories wat hulle deel, is van Operasie Amazon - 'n aanval op Lobito se hawekompleks in Angola. Die beplanning was perfek, die uitvoering foutloos. Die span het maande in Durban geoefen - strand-landings, stedelike oorlogvoering, spesiale wapenhantering. Hulle is met C-130 vliegtuie na die teiken gebied, toe oorgeskakel na Israeli Strike Crafts. Om radar te flous, het hulle stadig beweeg, die skepe ver uitmekaar om soos vissersbote te lyk. In die donker nag het hulle met Zodiac-bote die hawe binnegesluip. Drie-en-twintig massiewe brandstoftenks, 'n sementfabriek, en LPG-fasiliteite was die teikens. Wagte is stilgemaak. Motors en motorfietse het verbygery, 'n partytjie was aan die gang op 'n nabye woonstelblok se balkon. Maar niemand het die Recces gewaar nie. Toe die span veilig weg was, het die myne ontplof. Die naghemel het opgelig soos daglig. 'n Russiese skip in die hawe het gesink. Die brandstofvoorraad na Suid-Angola was lamgelê. Die Menslike Kant Maar selfs die gehardste soldate het 'n sagte kant. James vertel van sy besluit om te bedank - die lang tye weg van sy familie het swaar geword. Kommandant Andre Besbuier het sy bedankingsbrief voor hom opgeskeur en die volgende dag 'n alternatief aangebied: 'n pos by Doppies-basis waar hy nader aan sy gesin kon wees. "Dit wys jou die Recces was meer as net 'n eenheid," sê James. "Ons het omgegee vir mekaar. Ons het verstaan dat elke operateur 'n mens was met 'n familie, met 'n hart." Nalatenskap Die Recces se verhaal is een van buitengewone dapperheid, slim beplanning, en onbreekbare broederskap. Hulle het bewys dat ware krag nie net in spiere lê nie, maar in die verstand en die gees. En miskien belangriker - hulle het gewys dat selfs die gehardste vegters ook mans met harte kan wees.
LPG VP David Appleton is joined by the Head of LPG Asia, Esther Phua, and editor Frances Goh to discuss the latest from Asia-Pacific markets. Our team covers: - How is demand in China and India? - Is supply looking long or short? - What next for the Chinese petrochemicals sector? - Is another trade war on the horizon? and other LPG market topics.
"I'm winning this year's election, and it will shock many. I have laid down many strategies." - Kofi Akpaloo (Presidential Candidate of LPG)
W dzisiejszym odcinku gościem audycji jest Tomek Szultka – przedsiębiorca, który wraz ze swoją rodziną zbudował prawdziwe imperium gazowe. ROMGAZ, firma prowadzona przez Tomka, zatrudnia obecnie ponad 100 osób, posiada 12 stacji paliw i wielomilionowe obroty, a wszystko zaczęło się... od sprzedaży dwóch byków i zakupu Żuka!
David Appleton seats with LPG editor, Amy Strahan, to discuss recent multi-year highs in the spot cargo market out of the US Gulf coast and what it means for the winter outlook.
In this interview with Andrew Thomson, a Scottish seasoned professional in the energy sector, we delve into the multifaceted landscape of oil, renewable energy, and their global implications through a personal lens. Andrew shares his journey from working in the oil industry over 20 years to recently transitioning into nuclear and wind energy sectors. Through his experiences, he provides insights into the socioeconomic impact of oil, the challenges of transitioning to renewable energy, and the complexities of global politics that intertwine with the energy sector.Exploring Andrew's experiences working offshore in locations like Nigeria and Azerbaijan, the discussion uncovers the substantial influence of hydrocarbons and the cultural, socio-economic, and safety developments within the oil sector. The discussion delves into the critical role of energy across modern life, impacting everything from education to communication, while critiquing governmental actions on energy policies and advocating for a balanced energy strategy, similar to Japan's where currently works in setting up Wind Turbine Platforms (using much of the same technology as oil rigs). Furthermore, the dialogue highlights the philosophical and challenging practical shifts toward renewables, exploring political and economic challenges in this transition. Through Andrew's perspective, one can try to better attempt to begin to understand the global energy politics, the necessity of interdisciplinary approaches in energy careers, and the shifting dynamics in the energy sector.Time Stamps * 00:00 The Importance of Energy in Modern Life* 01:00 Introducing Andrew: From Oil to Climate-Friendly Energy* 01:46 Andrew's Background and Career Journey* 02:38 Life and Work in the Oil Industry* 07:34 Challenges and Dangers of Offshore Drilling* 10:54 The Culture and Lifestyle of Oil Workers* 20:58 Global Perspectives: Working in Africa and Beyond* 23:58 Corruption and Local Interactions in the Oil Industry* 38:09 A Costly Mistake and Cultural Reflections* 38:54 Corruption and Anti-Corruption Measures* 40:09 Cultural Differences and Acceptance* 41:13 Colonial Legacy and Historical Perspectives* 43:41 Nationalized vs. Private Oil Companies* 45:46 Transition to Renewable Energy in Japan* 46:12 Challenges in the Oil Industry* 48:22 Geopolitics and Energy Policies* 56:43 Experiences with Government Agencies* 01:03:56 Future Prospects and Peak Oil Debate* 01:08:06 Final Thoughts on Energy and PolicyHighlights and Quotes of Interest On Energy Source MixesJapan has a long term vision.It has a vision of a percentage mix of nuclear fossil fuels, renewables, whereas I feel like I'm fairly against it in my home country, in the UK, because we don't have a long term plan. We've had four prime ministers in the last two years. One of them wanted to build eight nuclear power stations, the next one to start fracking. I believe in an energy mix. I think there's a lot of irresponsibility talked about these days in terms of the energy transition. I do think there should be an energy mix.And then the one now wants to quadruple our offshore wind capacity in eight years, which is impossible. It's quite nonsensical. It's quite short term thinking. I'm not anti wind, I'm not pro oil, I'm not anti or pro any, anything. What I'm pro is a science based, long term, non subsidy, non corruption based market solution.On Incentives in Oil Vs “Renewables”So right now, it seems like oil is completely negative and then offshore wind is completely positive. You look at the motivations behind companies putting in offshore wind turbines or the service companies exactly the same as motivations behind all companies.Neither one is doing them. For anything other than to make money. And I think it's simplistic and a little bit silly to think that the boss of an oil company is some sort of J. R. Ewing, person that likes to run over puppies on the way home and the boss of an electricity company or a turbine installation company or whatever is some sort of, sandal wearing saint that doesn't care about money. Everyone in pretty much, I would say any corporation, that statistic about men are CEOs, they're psychopaths. All they care about is money. And I think there are a lot of like there's a lot of talk about subsidies in [renewables] On Oil's Beastly NatureIt only takes, one ignition source and then you're on top of a fireball…potential that the entire thing can blow up underneath your feet. On Life without Oil It's the world we have is impossible to have without oil. Sure. You can reduce it. It's going to run out eventually one day anyway.So reducing it is not a bad thing, but to pretend that you can just press stop and then you can put in a wind turbine is nonsensical. And the politicians know it's nonsensical as well. The sheer scale of, Hydrocarbon involvement in our modern industrial life is so incredibly difficult to untangle. There's literally nothing more important than our energy because it ties into the availability of education and medicine and travel and communication. Right, without. some form of mass energy production. We're right back to the medieval ages.On The British State I speak from a very UK point of view because it's my country, it's my home. I feel As ever, the British state works against the British people, not for the British people, which is a contrast to some of the countries that we may look down our noses on a little bit more as not developed, where, and Japan is a great example of this, where Japan seems to do things for the benefit of Japanese people, which seems to be a controversial idea back home. Learning from Travel This is part of, traveling. You see so many countries where people are so proud of their country. Nigerians were some of the most proud people I think I've ever met, and it's the same in Japan. And I worry the direction our country's going, both the UK and the US, when we were raising a generation of children who are being taught to be embarrassed by where they come from. Though I really feel like in the West we've made a mistake over the years in trying to impose our way of looking at the world on other cultures.Post Interview Notes / Links from AndrewHere are some relevant links that might be of interest:"Empire of Dust", a fascinating documentary widely referenced online, but with no major release I don't think, that shows interaction between a Chinese contractor and locals in the DRC. It's a perfect example of culture clash, the strength in the documentary being there is no western-style narrative, it's simply two very different cultures interacting honestly with each other. The film-maker is Belgian which is particularly interesting given their colonial history in the DRC.Watch @ https://www.dailymotion.com/video/x5gdfm4I can particularly recommend Joseph Conrad's Heart of Darkness if you're interested in the dark side of colonialism, or any history of DRC or Zaire as it was. One of my favourite films is Apocalypse Now, which along with the book perfectly makes the point I was trying to, which is how these cultures are manifestly different from ours, and any attempt to convert or run these societies in a western way will ultimately end up in failure, unless it's done by complete dominance, which of course, is wrong. It's a subject I find really interesting, and my experiences in Africa really changed how I view the world.On Energy Prices “Strike Prices” and Renewables Some links explaining the Strike Price for electricity set through the CfD (Contract for Difference) mechanism that guarantees a specific rate for electricity to renewables companies.https://www.iea.org/policies/5731-contract-for-difference-cfdhttps://www.eurelectric.org/in-detail/cfds_explainer/ It's quite hard to find a non-biased article explaining this, but the basic mechanism is:What isn't always mentioned is the "top-up" when the price falls is paid to the generators by the consumer, in the UK at least, in the form of a levy on the electricity price. Which is fine in theory to have a set electricity price, but currently the UK has the 3rd highest electricity costs in the world:https://worldpopulationreview.com/country-rankings/cost-of-electricity-by-countryOn British Embassy Support (Weapons:Yes / Hydrocarbons: No)UK government ending support for oil and gas sector abroad:https://www.gov.uk/government/news/pm-announces-the-uk-will-end-support-for-fossil-fuel-sector-overseasBut no issue promoting UK weapons manufacturers:https://www.aljazeera.com/news/2018/3/15/uk-spent-1-3m-on-security-for-worlds-biggest-weapons-fairSubsidies provided to the oil and gas industry in the US: (this can be complicated to assess because the IMF considers environmental and health costs after production as an effective subsidy, whereas the OECD and the IEA do not)https://www.eesi.org/papers/view/fact-sheet-fossil-fuel-subsidies-a-closer-look-at-tax-breaks-and-societal-costsCorrection on Refinery Capacity in NigeriaI was slightly mistaken, there is some refinery capacity in Nigeria, in fact it's the highest in all of Africa, however it is still around half of what Houston alone produces per day.https://link.springer.com/article/10.1007/s13203-018-0211-zOn Oil Piracy / Theft (Discussed During Interview as Another Source for Danger / Volatility / Environmental Damage) Oil pipeline theft still seems to be a problem in Nigeria sadly:https://www.pipeline-journal.net/news/explosion-nigeria-oil-pipeline-kills-12-shell-blames-crude-oil-theft-tragedyOn Working in the Pubic SectorI was thinking about one of your last questions afterwards, whether I'd ever work for the government. You know, I would actually love it, to be able to make some type of positive impact, I'd really enjoy that much more than my current job, it's just that what I would advocate is so far in the opposite direction of the UK foreign office and civil service's ethos (non-judgmental promotion of UK interest and people without imposing change on other countries) that I wouldn't get the opportunity. The British sitcom "Yes Minister" captures perfectly how the UK establishment works, it's from the 80s but still very relevant. It works to ensure the continued existence of the establishment, not the general population.AI Machine Transcription - Enjoy the Glitches!Andrew: The sheer scale of, Hydrocarbon involvement in our modern industrial life is so incredibly difficult to untangle.There's literally nothing more important than our energy because it ties into the availability of education and medicine and travel and communication. Right, without. some form of mass energy production. We're right back to the medieval ages.Leafbox: Andrew, thanks so much for making time for me. I know you're a busy guy. Yeah, I really appreciate it. Actually, when I first met you, I was actually fascinated with your work because you're one of the few people I know who has jumped from the oil sector to a climate friendly energy sector, I call it, so I was very curious about your perspectives on both. Having, your wife told me that you lived in Baku and that alone, it is probably a book's worth of questions. Andrew, why don't we just start tell us who you are, where you are, what's the weather like in Fukuoka? And where are you from?Andrew: Well, the most important thing the seasons in Japan seem to follow rules like the rest of Japan. So it's got the memo recently that it's not summer anymore, which is great because summers here are pretty brutal. And it's cloudy and rainy, which from someone from Scotland is nice and familiar.Yeah, I guess be brief biography. I'm Scottish from the North of Scotland. This is usually the point where someone says, well, you don't sound Scottish, but that's because I was born down in England. But moved up Scott, two parents from very remote rural part of Scotland. And we moved up when I was about six.So I went to the local university Aberdeen which at the time was the oil capital of Europe. So with a passion for engineering and a desire to Just have adventure really as a young guy wanting to see the world. Also oil is always historically been very well paid. Probably along the lines of, I don't know, market wise, your career options, lawyer, doctor, that sort of thing, which was never really my interest in an oil worker.So anyway financial motivations, adventure motivations, just an interest in big, heavy engineering pushed me in that direction. I joined, graduated, I took a master's in offshore engineering graduated and joined Halliburton about six weeks before 9 11. So this was in the year of of Dick Cheney, of course then I eventually ended up working offshore.For a company that worked on drilling rigs, doing directional surveys, so you would run drilling tools down the well and that was quite life changing, really very exciting. A lot of. Pressure. This is all gonna make me sound very old, but pre smartphone days. So you were a lot more on your own in those days.I did that for four years. Then I ended up running operations in Lagos, Nigeria. Did that for three years, joined a Norwegian company, worked for them in Aberdeen, and then again, oil service. And ended up running their operations in Baku and Azerbaijan. Then COVID came along and like for a lot of people turned the world upside down.So with the low oil price ended up being made redundant and Really struggled for about a year or so to find work and then it wasn't ideological either one way or another in terms of the energy transition, it's quite heavily marketed these days but I'm not overly convinced that it's as easy as politicians seem to say it is but I took a job for a company drilling offshore foundations.And I was working on a nuclear power station, the cooling shafts for a nuclear power station. And then I simply got a job offer one day an online recruiter to come to Japan to work on offshore wind which has some, Close. It's basically the same things I was doing, except it was in nuclear.So yeah, none of it's been a straight line or a plan, but just the opportunity came up. We really wanted to have another period abroad. So we took the move and then I find myself on a beach speaking to yourself after about a year or so. Leafbox: So Andrew, going back to university time, exactly what did you study? Was this petroleum engineering? Or Andrew: It was no, it was mechanical engineering. But being in it was Robert Gordon university in Aberdeen, but being in Aberdeen, it was very heavily oil influenced at the time. I was actually. obsessed with cars and motorbikes, anything with an engine. So I really wanted to do automotive, but I didn't have the grades to go to a lot of the bigger universities down South.And I was 16 when I went to university and didn't really want to go too far. So I did mechanical. And then that led on to a degree in offshore engineering at the same university, which was completely oil focused. Leafbox: And then Andrew, can you tell me a little bit about the makeup of, the demographics of when you entered the oil industry and especially in Scotland and what were these offshore platforms like, you have engineers with high degrees and then what about the workers themselves?Andrew: Yeah. Yeah. So, your average rig is made up of a lot of different job functions. At the top or guess with the most responsibility. So you've got your company that own the rig. They're the drilling contractor and they have their personnel the guy that manages the rig, and then they have all different personnel, including all the deck crew and all the roughnecks raised about, but then you have the oil company that contracts them.And they have someone offshore running it, but they have a lot of engineers. And then you have all these like service companies, which is what I've worked for that come in and do things. So you typically have on the oil company sides. You'd have someone with, degrees, you'd have like their graduate programs, you'd have young people coming offshore, their first time offshore, but they'd be quite high up relatively.And then you would have your deck crew, mechanics, electricians, which typically weren't university educated. And the guys right at the very top who'd be like, Oh, I am like the rig manager generally, especially in the old days, wouldn't be university educated, but they would just have worked offshore for a very long time.So that they'd be very knowledgeable and skilled in what we're doing. A lot of them took degrees as, technology increased. And it became, more important to have a degree, but especially in the old days, although I think at that level in that job, people wouldn't have had degrees, but you do have, it is a big mix between like I said, your deck crew and the people that are more like the, engineers, geologists, et cetera.And I can't speak for every region, but you do find that you've got, so say the comparative salary or career prospects of a welder, or a mechanic or somewhere you've suddenly got someone who could earn, I don't know, in the U S but in the UK, maybe Twenty five twenty twenty five thousand pounds a year.Maybe, like three years ago in their offshore making like 60, and it's I think it's the same thing in the U. S. you have people from very poor areas that can go offshore and just, quadruple more there their salaries and it's a, But there's a reason why they're, there's a reason why they're getting paid that is because it's a lot more difficult and dangerous when you're away from home and stuff. It's a strange old mix in a lot of ways. Leafbox: And then can you describe for people just what the actual dangers are? Give people an image of what these platforms are like to be on them and how to build them and the complexity of these devices.Andrew: There's so you have there's a lot of different forms, but basically you have a drilling rig. which can be like a semi submersible which floats or a jack up which legs are like sitting on the ground or you could even have a ship that comes like, it all depends on the the depth of the water depth usually.So you'll have this vessel that drills a well and then eventually, so they'll drill a number of wells and then you'll have a platform which is fixed to the seabed usually and then that can that has like a. A wellhead that connects all the wells and then takes the hydrocarbons on board and then it might pump it to another bigger platform or it pumps it to some like somewhere where it's processed and then it's pumped on shore.There's different. There's common dangers. Everything from there've been a number of helicopter incidents over the years. Generally, a lot of these rigs are so far away that you'll take a, you'll take a chopper backwards and forwards. And it's been well documented of things like gearbox failures and stuff.You're probably one of the biggest, I don't have the HSC statistics in front of me, but one of the biggest injuries are probably slips, trips and falls. Because, your average drilling rig has maybe four or five levels to it, and you're up and down stairs all day with big boots on and a hard hat and glasses and stuff, and people tripping on themselves.Obviously drilling, you've got well you've got a lot of overhead lifts, a lot of people get injured with the fingers getting caught between loads roughnecks, raced abouts on the drill floor when they're handling drilling pipe. I've met a lot of people over the years that have got one or more fingers missing, because it's very easy to get your finger nipped between two things are being lifted, especially when people put their hands on to try and direct them.And then obviously the pressure of the hydrocarbons look at deep water horizon, for example the oil and the gas, It's funny listening to your podcast with Jed about oil being sentient that the pressure that the oil is under.So when you tap into, obviously it wants to go, it wants to go up and out. And then that could literally rip a rig apart if it's not if it's not controlled. And then obviously you've got the ignition risk, which, you've got Piper Alpha in the UK and you've got, like I say, Deepwater Horizon, there's been a number of rig explosions and then going back to what I said about platforms.So Piper Alpha was a platform and that was processing gas. So you have 100 and 170, 200 odd people working and living. on a structure offshore where there are like an enormous amount of gas that's being pumped. extracted and pumped like underneath their feet and it only takes, one ignition source and then you're on top of a fireball.And I remember being offshore when they're flaring, which is a process whereby they burn off excess gas and just being stunned by the ferocity of the noise, nevermind the heat of the, that it's just like a primal hour, you, you can stand a couple of hundred. Yards away from it and you can feel it on your face, it's just, it's very different.I've been offshore on a wind turbine installation vessel, which has the same offshore industrial risks in terms of lifted injuries, slips, trips, and falls and suspended loads. But you don't have that. You don't have that like potential that the entire thing can blow up underneath your feet.Leafbox: So with this danger and this kind of. wild beast underneath you. How did the men and women respond? You had in your email, a little bit of this kind of cowboy culture. I'm curious what the culture of these workers are like, and maybe in Scotland and what you've seen around the world. If these people aren't usually they're more working class or what's the relationship with them and the engineers and yeah, tell me about that.Andrew: It's it's a very, it's a very masculine environment. That's not to say that there aren't women offshore in the industry. There, there absolutely are. And there, there are more and more these days especially in certain countries, like in Scandinavia, for instance But it's a very, especially when you get down to the deck crew, it's a very, the recruits are very masculine, very like macho environment.It's quite a tough environment. It's a very hard working environment. The it's not that people I wouldn't say a matter of fact to say the opposite in terms of people having a cavalier attitude to safety. There have been a number of incidents over the years in the industry and each incident spurred along quite a lot of improvements in health and safety.So I'd say probably in terms of. Industry, it's probably one of the safest industries, well, it's probably one of the industries with the best safety attitude. I'm sure maybe nuclear is probably up there as well, but people are aware offshore of the risks. There's a huge QHSE industry.There's a, most companies have some form of a HSE system, which allows anyone from someone who works for the camp boss, like someone who changes the sheets, the cleaners, the cooks to like the driller can stop operations if they think that something is dangerous and there can't be any comeback, and stopping operations offshore is a big deal.Because the average. Rigorate is, it fluctuates, but the average is, I don't know, a few hundred thousand, I don't know what it is at the moment, but let's say up to maybe a half a million more for the biggest rates, biggest rigs per day. That's what, 20, 000 an hour. So if you see something that's dangerous and you stop it for a couple of hours that's a lot of money.So it takes a lot of nerve to do that, but the industry has been pretty good. They have these systems called stop cards. Like I say, Different companies have different names for it, but it gives the ability to It gives you authority for someone not to be forced into doing something that they think is dangerous.So overall, I actually think the health and safety culture is quite good. But if you look at Deepwater Horizon, that was a classic example of even at the corporate level, people being frightened to say no and frightened to halt operations. So that does still persist due to the sheer amount of money involved.Leafbox: And then tell me about in your email, you had a quote line about, these workers spending their money, maybe not as wisely. I'm curious to describe and understand the cowboy. I have this image, my father worked for Exxon for a long time. And his biggest problem was piracy. They had so much issues with piracy, but this was in the Caribbean. So it's just constantly people stealing oil from them. So maybe yeah, tell me how it is now after I guess 2000s, how it's changed. You're describing this very safe sounding MBA driven culture, but I have trouble.Yeah. Tell me what it's like around the world. Andrew: So that's the sort of the day to day attitude offshore, which is pushed very heavily by the oil companies. It's a lot of recording. They record lost time statistics which also not to get sidetracked, but that has a slightly negative effect as well in terms of if a rig has, say.That they'll, quite often rigs will have a big display when you arrive and it says this amount of days from the last accident and if they go like a year without any LTIs, everyone on the rig could get like an iPad or some sort of bonus or something and it's a big deal not to have incidents that cause a loss of time and that, by that if someone has to go to hospital, someone has to leave the rig, but that also does encourage it can encourage hiding of things, someone maybe, they've smashed their finger, but can they just maybe report it, but maybe just go on like light duties or something rather than go to the hospital before, before their shift change sort of thing which does happen and it's not healthy.But anyway, to get back to your point I think it comes from, as I say it's, a way for someone who would have no other avenue to earn the amount of money that they would get offshore by taking on the additional risk and being away from home. So say an electrician, your average construction electrician wages are probably pretty good these days, but if you take someone working in, some rural place in, in the States who is like a car mechanic or something, and then they go offshore And they're multiplying their salary, but they're multiplying their salary, perhaps coming from an environment where no one's ever had that type of money.They're coming home with maybe try to think of some people I've known, hundreds of thousands of dollars a year when their salary may have been I don't know, sub six figures, but they don't come from an environment where that sort of money is common. So you then have a situation whereby they are the one person in their family or town or their local bar.who has loads of money, who's been away from home for four weeks, but he doesn't have the most stable relationship precisely because they're not at home, but yet they've got loads of money and loads of time. You can see how that can encourage perhaps resentment. Or just a feeling of alienation from that community.That sort of person, say they have a lot more money than their friends, maybe they want to buy them drinks, but then do they want to have to do that all the time? I've known people that have been divorced multiple times, that have bought boats and all sorts of things that they never use and they end up with, paying for There are families that they never see, the families that get remarried, the kids that they never see.I've worked with directional drillers that I've got a wife in one country, an ex wife in another country, kids that don't like them, and they just pay for all these families. They get onshore and then they spend the next couple of weeks with some, teenage prostitute blowing all the money on that drink for the rest of the month and then they're back offshore.the shakes and then they decompress over the month and then the cycle repeats itself. So in the one sense, it's a fantastic opportunity for social mobility, but it also can leave a lot of chaos behind it. And I'm certainly not at all. And having come from a work class background myself, I'm not certainly saying that.It shouldn't be there. I think it's a positive thing and it's up to these people what they want to do with their money. I'm just saying it's an interest in social observance that it's, you don't get that many working class people that can leave school and have a manual trade and can go and be a lawyer or a doctor or a CEO but you are all of a sudden getting these people in situations who are making the same amount of money, but without the family structure.Or the societal structure that can prepare them for that.Leafbox: Jumping to the next topic, I'm curious, you first mentioned Dick Cheney, what was your relationship, you're in Scotland, and how does that fiddle in with the Middle East? oil wars and just the general kind of, I feel like when my father worked in oil, there wasn't that much of a hostility in the general environment.It was just people drove cars and you worked in the oil industry and it wasn't that. So in post 2000, I would say things change both from the climate perspective and then from the kind of American imperialist association with oil. Andrew: It's changed massively in terms of hostility. Just, it's just like night and day. So when I graduated, I remember being at school in the early nineties and there was, I don't think it was climate, no, no global warming. It was called then. So there was discussion of it.But the greenhouse the ozone layer was the big deal. And there was environmentalism, Greenpeace was quite big at that time. But. The, there was no stigma like whatsoever into going into the oil industry. And you could see that in terms of the courses at the time they were called there was like drilling engineering courses, offshore engineering courses petroleum engineering.You go back to the same universities now and it's like energy transition. I think you'll struggle to find that many courses that have got the words petroleum or drilling in it. And also it was very easy to get a job in those days in the industry. The, yeah the Gulf War, so the second Gulf War at the time working for Halliburton, I was very conscious of, it was very interesting to me how the company was structured.So you had Halliburton Energy Services and you had KBR, Kellogg, Brennan, Root, and they were the company that won the uncontested contract to rebuild in Iraq. But the way the company was structured. Was that they were that they were split up basically. So if one of them had gone down the toilet for any of these issues, they were separated.I was very happy to join Haliburton. It was a big career wise. I thought it was very good. I look back now, it's funny how I look back, like inside, I look back on that whole Iraq war with absolute horror now, but I had grown up with Free internet with, what at the time were considered authoritative news sources with the BBC and British newspapers.It might sound naive, but you believe that people are doing the right thing. And I just thought at the time that, that, we were going into Iraq because it was a very bad person there. And I look back now, with I look at Dick Cheney and Donald Rumsfeld and all the things that have happened with absolute horror.But at the time it just seemed quite straightforward. My, my view on the oil industry hasn't changed in terms of, I, I believe in an energy mix. I think there's a lot of irresponsibility talked about these days in terms of the energy transition. I do think there should be an energy mix.I don't think it should be any one source of energy. But I feel like we're in the same position that we're in before except instead of it being everyone's desperate to make money out of oil. I think everyone's desperate to make money out of renewables these days. Leafbox: Well, before we jump to that point, I want to I think that's a big topic we'll go to, but tell me about your jump to Nigeria.You're still naive then, or eager help, Nigerian oil industry or what you get assigned to Nigeria. What's that like? Andrew: Well, so I so that four years of us, so the three years I worked for that company originally was on it was on an ad hoc basis. So basically I would be at home. I'd get a phone call.And I could, I had to live within 45 minutes of the airport but I usually got at least a day. Sometimes it wasn't, it will, it was literally a day. Sometimes it was like a week, but I would get a call and then I could go anywhere in a region was Europe, Africa, Caspian. So I could go anywhere.Most of it was in West Africa. So I would go and work offshore in the Congo. Not the DRC, but the Republic of Congo Gabon, Nigeria, but all over Europe and occasionally like the Far East. So I had a lot of experience of Africa at that point. My very first, one thing I did want to, I was thinking the other day, one thing I did want to mention was when I first went, in terms of naivety, when I first time I ever went to Africa was in the Congo.And I'd grown up in the eighties where we had Live Aid was basically anyone's kind of opinion of Africa. And I remember at school we used to be forced to sing Do They Know It's Christmas, like every Christmas. So that was everyone's opinion of Africa was like just basically starving children. And I arrived in the Congo.They've got quite a decent airport now in Point Noir, but when I arrived it was literally a concrete shed with arrivals on one side and departures on the other and just like sand on the ground. And I can't remember coming out of that totally by myself just with my Nokia phone with the local contacts phone number and all these little kids appeared like Tugging it, tugging at my trousers asking for money and I was absolutely horrified I'd never seen like poverty like that and I felt horrible that I couldn't help them.But it's funny how You not that I don't care about children, but you harden yourself to what the reality of life is like in places like that. And I did that for three years. I was in Angola rotating for a year. In Cabinda, which is a chevron camp. And then I I got the job in Nigeria.And actually my father passed away just before I got that job. So I was a bit rudderless at that point. I really enjoyed it got to me in the end, I was there for three years and I started to get very frustrated when I was at home, that's when I thought I need to make a change.But there's a sort of happy level of chaos, I found. It's. in Nigeria, where things are, they don't work in the sense that they would do in, in, in what you'd call, developed countries. You can't rely on things to work. You can't really rely on people in a certain sense, but there's a sort of happy, it's difficult to explain.Like it's just, It's a very chaotic place, a very noisy, chaotic place. But once you accept that it's quite a good laugh actually. I have some quite happy memories from working there. Leafbox: So Andrew, when you enter in these places you first described your kind of exposure to Congo, but how do you conceptualize the interaction between the Western oil companies and I guess the local developing country?Do you think about that? Or are all the workers local? Or is everyone imported from all over the world? And Andrew: There's a big move towards localization in pretty much any location I've been which is, which has changed over the years. So when I first started working say in Africa, as an example.Pretty much all of the deck crew, all of the roughnecks were all Africans or locals from whichever ever country you're in. But once you got to the upper levels, like the Western oil companies, you would have, so you'd have like drill engineers, which weren't. You might describe them as like project managers of the drilling operations.So there you would have kind of a mix of locals and expats, but you pretty much always find once you went above that to like drilling managers. You'd find all what they call company men, which are the company's representative offshore, pretty much always expats. That has changed over the years, which I think is a very positive thing.A lot of countries, Azerbaijan's like this, a lot of countries in Africa, Nigeria is like this. They put within the contracts, like a local content. So for a company to win the license and which is then cascaded down to the subcontractors, you have to have a percentage of local employees and you have to have a system for replacing your senior people, training up locals and replacing them over time, which I think is very positive because after all, it's there.Oil is their resources. There are in certain locations with certain companies, a pretty bad history. Shell Nigeria, for example. You can your listeners can look all this up, but there have been, various controversies over the years on the whole, I think on the whole, I think.that it's a positive for these countries because I look at it in terms of a capitalist sort of capitalist approach that, you know and it's almost like the thing that I was saying where you have like someone who comes from a family or a class where they are not exposed to money and all of a sudden they have a huge amount of money where you could say the same thing with some tiny country where by a that they've had a level of civilization and a level of like income over the years and all of a sudden someone discovers oil and there's no way you can reasonably expect a society to just, you can't take somewhere that goes from like tribal pre industrial revolution conditions and make it New York City overnight.It's just, it's not going to happen. And just expanding that slightly, I was in Papua New Guinea in the eastern part And up in the highlands on a well site a while ago. And that was fascinating because Papua New Guinea is still, it's a country, but it's still very tribal. So once you leave Port Moresby you're really, it's not like you're going to call the police if someone tries to assault you or call an ambulance or something.It's very much like I say, pre industrial revolution, tribal. societies, but they're sitting on billions of dollars of gas. So you get these little pockets of on the shore drilling rigs. And they're just pumping millions and billions of dollars worth of gas out from under your feet, but they pay the locals.And the site that I was on right at the top of the hill overlooking it was a big mansion owned by the who, as soon as he started drilling, he would get 10 million. And then, as I was informed, would probably disappear down to Australia and, enrich the local casinos and stuff. But, who is to say that is, would it be great if he built a hospital and built a school and improved the lives of everyone around him?Oh, of course it would. But who's to say morally that we Chevron should be, I understand the point that maybe Chevron should be building these things, but who is to say that the condition should be attached to what that chief spends his money on. I guess what I'm trying to say is that I I think I place a lot of responsibility on hydrocarbons are located.I do think there have been a lot of very negative practices by By all companies over the years, and they absolutely have a duty to maintain the environment. But I think it's a bit hypocritical. I see a lot of rich Western countries, especially now saying to a lot of poorer, undeveloped countries that they shouldn't be drilling or they shouldn't be, should be using the money differently.And I think, well, it's their resource. I look at it more from a capitalist point of view, rather than, like I said in my email, I'm quite anti interventionist in that sense. So historically I'm going to, this continues now, but there have been issues with literally, so they put these big pipelines through people's villages and the way that a lot of these things are organized is like I said, about Papua New Guinea they'll contact, the tribal chief and we'll pay a rent or some sort of fee to, to put these big pipelines through, through these small places.But there are some times when, I haven't, I, the right tribal chief or they've not paid enough or there's some sort of dispute and you will get villagers literally drilling into these oil pipelines with drills and buckets to steal the oil. And of course someone's doing it and they're smoking or there's some sort of ignition source and the whole thing erupts and, the village is burnt and it's a horrible, tragedy but it's just it's a funny, again, it goes back to the theory of what I was saying, the juxtaposition of that very valuable resource with a very, with a civilization, with a community, probably better way of putting it, who has never had access to that amount of money.So you're literally pumping these, this thing through their village that is worth more money than they'll ever see in their lifetime. And obviously the temptation to try to take some of that. is there, almost like understandably, but then again it quite often results in a lot of death and destruction.So that's yeah, it's just it's part of the whole industry in a lot of ways. And other industries, when you look at things like lithium mining and diamonds and stuff, you have a very high value resource That has been, by pure chance, located in a very poor part of the world and it results in these tragedies sometimes.Leafbox: I was going to ask you about the processing of oil. So when export the raw crude. Mostly the oils and process somewhere else. You were, you're taking the oil from Nigeria. Like Venezuela, they have to ship it all to Houston or whatnot to get turned into different solvents and gasoline. And, Andrew: This is probably when I'll need some fact checking, but my recollection of the time in Nigeria was that they weren't processing the oil on shore.I stand corrected if that's wrong, but my understanding was that they weren't, or at least there wasn't very many refineries, so it was basically all, like you said, extracted and then sent abroad. To be refined. That's certainly the situation in in Papua New Guinea. A lot of it is turned an LPG there and then shipped abroad.I guess I would guess, I would assume that would be the situation in a lot of West African countries for a lot of reasons, you have an established. Supply chain, you have established skill set in other places, then it comes down to cost and then you have the security of, you can imagine the enormous amount of investment you would need in a refinery.And would you rather do that in a place that's had a history of civil war, or would you take the cost to ship it abroad and do it somewhere else, Leafbox: no, it's understandable. I think that's important for listeners to understand that. The refinery in Louisiana or whatnot, or, it's so massive, it's billions of dollars and it's such a dangerous place to work also. Right. Those are just like literally atomic bomb sized potential energy. Andrew: The one thing that, there's always been, say in Scotland, there's been a little bit of resentment towards, Aberdeen and they're all like rich up there from other places in Scotland, but I think that there is, people are aware of Deepwater Horizon and Piper Alpha, et cetera, but I do think that there has been an underappreciation of the, just the Crazy risks that are involved when you're working offshore and handling hydrocarbons.Like I said, you take a helicopter to work with all the risks that I had in, in tails, and then you spend a month or so working on top of something that is effectively, a bomb if if things aren't handled properly. And you're, how far away are you from like emergency services?There are supply vessels and stuff, but. It's very much an environment where you have to just be very careful and very aware of dangers, which I think the industry now has got very good at. But yeah, the wages are high, but they're high for a reason. It's not it's not an easy, it's not an easy job in terms of that.And like I alluded to before, in terms of family stability, working away and coming back is not really conducive quite often to, to a healthy home life.Leafbox: Going back to Angola for a second I read an account of the Chinese are very heavily in Luanda and Angola, and they had the terrible civil war.But one of the things that really stood out to me is that all the Chinese use Chinese labor. So their oil boats are all Chinese workers and they often use ex felons, which I thought was interesting. But there's, I guess they, all these ex felons in Angola, I don't know if you saw this, I wanted to confirm it, but there's a lot of half Chinese, half Angolan children now because all the Chinese roughnecks.They're all men. So there's a booming Angolan prostitution and it just was so wild. Angola think Luanda is the most expensive city in the world. But then the most violent too, so yeah, just what's your general impressionAndrew: I I've been in Luanda in total, probably just a couple of days.Most of my time was spent in a, so Chevron Texco have this place called Cabinda. Which is actually, technically speaking, if you look at the map, it's not actually connected to Angola, you've got Angola, then you've got a little gap, and then you've got Cabinda, which is the little gap is part of the DRC, I think but Cabinda is where all the onshore processing of the oil is.It's part of Angola and it's like a prisoner of war camp and you go up there and you can't leave pretty much until you've finished your work. But my impression of Lulanda wasn't great at all. I remember driving into it and there's these massive shanty towns on the edge of the city with just like literal rubbish tipped down the side of these hills.And then you get into the city and it's just a. massive continual traffic jam with Porsche Cayennes and Range Rovers and G Wagons. And it just felt in the way that I was describing Lagos and even Port Harcourt, which has a pretty bad reputation as a sort of, chaotic, but fun sort of chaos.I felt and this is just my personal impression, I felt Lwanda was chaos, but dangerous chaos. Not you wouldn't stay in a staff house there and you wouldn't go out for a drink anyway. You wouldn't even really go out for lunch much. You just stayed in. It looked to me like as if you'd taken a European city, which I guess it, that's how it was built.And then you just start maintaining it from like 1960s onwards, but then you'd add it in a civil war and I appreciate the civil war was like a proxy civil war and then just didn't repair any infrastructure and just peppered the whole place with like bullet holes.It wasn't, it was not particularly, it's not a place that I would recommend to be quite honest with you. In terms of the Middle East, the comparison with the Middle East I've not really worked that much in the Middle East, to be quite honest with you. I guess my closest is the Caspian, which is more Central Asia, but that was way more structured.Yes, there's massive amounts of corruption, massive amounts of poverty. But yeah, absolutely more structured and less chaotic in that sense. Leafbox: Andrew, what's the relationship in Nigeria, there's famous activists who, like the Shell, they polluted so heavily, but then I guess the military tribunals would erase or disappear people.Maybe this is before you worked there, but what, as, what was the relationship of the company men with the government? Was there open kind of corruption or? What was your general vibe of is the manager's job and kind of getting these contracts. Talk to me about that. Like Deanna, how did the, you know, Exxon versus Armco or whatever it is, whoever's ever getting these contracts, there's obviously backdoor dealings.Andrew: Yeah, in terms of, actual drilling licenses I was never near or even remotely near the people that will be making those sort of decisions. And I'm certainly not going to allege corruption at that level. And I don't have any evidence, but what I would say, and again, all of this is just my personal opinion.It's, I'm not disparaging any one particular place in general, but the level of corruption. that I would see was so endemic that I just came to feel it was cultural which again, it's not really don't want to make that sound like it's a slight, to me it was an understanding of I really feel, and just briefly going back to the whole Bob Geldof Live Aid thing, I really feel like in the West we've made a mistake over the years in trying to impose our way of looking at the world on other cultures.And what I would see in most West African countries was it was just an accepted way Of living, accepted way of dealing. So you would go to the airport. We used to have these boxes that would have electronic equipment in them. And we had to hand carry them cause they were quite fragile.And then you would go to the check in desk and they would be like okay, well we have to get some stairs to lift this into the plane. So that's an extra 50. I'm not sure you actually own this equipment. It's got another company written on it. You give me a hundred dollars.Sometimes it's not quite said, you'll just get so much hassle and you'd see other, you'd see some people there that would freak out in case thinking that they were gonna, arrested or something. They just open their wallet and hand over loads of money. The, but it's not it's not like some under the table nefarious plot it's just like the checking guy is getting paid next to nothing He sees someone who's obviously got all my money and he has How can I get that money off him and it's at every single level my I mean I suppose I would say I was wise to it, but even I would make naive mistakes.I remember on a leaving day when I left Nigeria I had this driver who I'd still consider a friend. I messaged him on Facebook sometimes, and he was a really nice young guy who would go out of his, literally out of his way to help me. And I made the silly mistake of handing in my bank card on my like, leaving due.I'd had a little bit to drink and I just thought, surely it'll be fine. And of course I get back to the UK, I check my statement and there's a couple of hundred dollars missing or a hundred pounds missing. At the time I was like, that must be a bank error, surely not. But I look back in it now and I just think, again, this isn't, this honestly isn't even a criticism, it's just the culture is to try and hustle.And if you, if it doesn't work, well, I tried. It's just, it's endemic in that sense. I don't doubt that there most likely have been over the years some very shady practices on the behalf of Western oil companies and Western governments. You only have to look at the history of, BP and the UK government and Americans in Iran and coups to get oil and all these sorts of things.But I'm just talking about like the corruption that I've seen, it seemed, Cultural in that sense. It's just everywhere. The one thing that I would say is that companies I've worked for within the contracts is very heavy anti corruption. So the FCPA, if I'm remembering that right, in the US. The anti corruption laws are very strong to the point where if a company official from a country, say like Scotland, is a manager and he signs off on a bribery expense, he can actually, if I'm right in recalling this, he can end up going to jail himself for that.So a hundred percent, I'm sure it's happening by at the same time legally, there are some very strict laws against it. Leafbox: When they just outsource to local sub providers, that's what I would imagine they do to get around that. Andrew: I think it's a case of well, just don't tell me sort of thing.Leafbox: Yeah. Andrew: I'm pretty sure that, that's why. Well, Leafbox: I think people don't understand if you haven't been to these countries, it's just it's just not Norway. It's not. Yeah. It's a very different. Yeah. Andrew: And. I, sorry to interrupt you, but I've done quite a bit of work in Norway and I have found that some countries and some cultures seem to have a difficulty accepting that the world isn't the way that they are.And I think that that, not to, not to boast or to my trumpet here, but I think that one thing that I've learned over the years is that some places they just are the way they are. And it's, of course you don't want to encourage. Corruption, you don't want to encourage mistreatment, but I don't believe it's your right.Like I'm like, I live in Japan now and some things, a lot of things about Japan I absolutely love, but there are also some things about Japan that just don't seem right to me. But it's not my place to come in and say, right, you're doing this wrong. You should be doing this the other way. It just isn't, it's not my country.And I felt the same way in Africa. There's loads of things about Nigeria that I was like, this is absolute madness. But it's their madness, it's not my madness, and I'm a guest in their country. Leafbox: What do you think the difference, in your email to me, you wrote about the colonial being British, how's that relationship been for you?You've, non interventionist now, but you wrote about, your forefathers or previous generations having quote, good intentions. Maybe tell me about that. Andrew: I think that I know that there's a lot in the UK as with America now that's quite, there's a lot of attempt to be revisionist within history and question history, which I'm a big fan of people questioning history.I just think once again, that we are tending to look at things from a very Western point of view without taking into account like global history. I know believe, through my experience of traveling, I now think, well, exactly like what I just said, I don't think it's our place to change countries to mold them in our ways, but I do have a more charitable view of a lot of our maybe not every one of them, certainly not every country's colonial adventures, but I do think that some of them were more motivated by, as I said, a Christian desire to end certain barbaric practices.If you look at, the I forget what the practice is called, but the practice of people burning their their wives on the husband's funeral pyre in India and the whole slavery, which, yes, Britain was a part of but it's quite clear that, the British Navy was very important, effective in, in, in ending the global slave trade.So I'm very proud of where I come from and I'm proud of my ancestors. I don't deny that They were put that they, there weren't some, as I said, some negative aspects and atrocities, but I just think that again, when it comes to, and I think about this more because I have kids now.So I think about how I want them to feel about the country going forward. This is part of, traveling. You see so many countries where people are so proud of their country. Nigerians were some of the most proud people I think I've ever met, and it's the same in Japan. And I worry the direction our country's going, both the UK and the US, when we were raising a generation of children who are being taught to be embarrassed by where they come from.Leafbox: Going back to oil for a second, Andrew, the colonial legacy is impossible to digest in a short interview, but do you have, what's the general like Pemex or the Venezuelan oil companies or the Russian oil companies? What's your general impression of nationalized oil companies versus the private?Andrew: Yeah. I so I guess my biggest experience is in Azerbaijan, there's a company called Soka which is the national oil company. And of course all these national oil companies, a lot of them have shares in international like private oil companies.So it's not always a clear divide of either one or the other, but I guess I, as someone who really. believes in capitalism. I think that in terms of efficiency and certainly in terms of safety, in terms of environmental compliance, I think that the private oil companies are much more answerable to activism, to just a sense of corporate responsibility than private oil companies.And if you're in somewhere like Russia, like you say, Venezuela and the national oil companies is polluting the water. Well, What are you going to do about compared to a private oil company who has, a much more, it has shareholders and I guess more of a global footprint. But I also come back to the point, as I was saying about localization that these resources are the country's resources and I think it's quite right that companies pay.I wouldn't say prohibitive amounts of tax, but I think it's quite right that companies pay a lot of money in tax when they extract the hydrocarbons, and they have local content. I guess the ideal for me is private, but with a level of public ownership. But not actually running the operations because I think as soon as you take away, as soon as you take away that meritocracy, you end up with health and safety risks, you end up with just waste, and when it comes to something like with the large amounts of money involved That just ends up taking money away from the actual people.I don't think it's, I don't think it's generally a great idea, but I think a sort of public, a bit like you see a lot here in Japan actually, a public private mix, if done properly, is probably the way to go for a lot of utilities. Leafbox: Great. So Andrew, maybe it's time to jump to the oil and energy diverse mix.Tell me about what brings you to Japan. First, you work on nuclear and now wind. Andrew: Yeah. For me, I can't claim any sort of high minded high minded drive to change from one industry to the other. It was purely, I had a mortgage and a new baby and I desperately needed a job. So that was how I made that jump.The one thing I have experienced over the years, it's certainly the place I've worked. It's very, Unless you're in a region that has like a national oil company, it's even then I guess depends who you are. It's very meritocratic, but it's quite cutthroat. So oil companies, service companies, as soon as oil price drops, it's very cyclical.People just get made redundant. People, I saw people at Halliburton had been there for literally 40, 50 years being made redundant just because the share price dropped a few points. I've been made redundant twice myself. And yeah, it's just horrible. And there's nothing you can do about it because it's an economic decision.It's nothing to do with your performance. And that happens to, it's probably very few people on the street that hasn't happened to It's the downside of the high salary really. So coming into wind it was really an opportunity to, as I say, we wanted to live abroad again for a little while.And opportunities to live in Japan don't come by very often. And it's interesting. It's interesting. It's very different. It's interesting from an engineering point of view. It's a lot of heavy lifts. And Japan, I think Japan has a good attitude towards offshore wind, because everything else, Japan has a long term vision.It has a vision of a percentage mix of nuclear fossil fuels, renewables, whereas I feel like I'm fairly against it in my home country, in the UK, because we don't have a long term plan. We've had four prime ministers in the last two years. One of them wanted to build eight nuclear power stations, the next one to start fracking.And then the one now wants to quadruple our offshore wind capacity in eight years, which is impossible. It's quite nonsensical. It's quite short term thinking. I'm not anti wind, I'm not pro oil, I'm not anti or pro any, anything. What I'm pro is a science based, long term, non subsidy, non corruption based market solution.Obviously you've got environmental aspect of climate change, et cetera, which needs to be taken into account. But I found, I find a lot of the attitude towards renewables and towards the energy mix quite histrionic and not really based on facts. Leafbox: Do you ever think about, geopolitics as an engineer in terms of, where these pressures are coming from.Europe particularly seems so against oil and hydrocarbons, but if you do any scientific research, you just, there's the capacity of hydrocarbons to produce energy is just unparalleled in terms of the input to output. And wind is just not a realistic option. Andrew: I think that, I think there's a general I would say it's a mistake, but I think it's done on purpose, but there's a general attitude that seems to be portrayed in the media that you can have one company or one industry is virtuous and everything they do is virtuous and there are no negative connotations or motivations behind what they're doing.And then the other is just all negative. So right now, it seems like oil is completely negative and then offshore wind is completely positive. You look at the motivations behind companies putting in offshore wind turbines or the service companies exactly the same as motivations behind all companies.Neither one is doing them. For anything other than to make money. And I think it's simplistic and a little bit silly to think that the boss of an oil company is some sort of J. R. Ewing, person that likes to run over puppies on the way home and the boss of an electricity company or a turbine installation company or whatever.is some sort of, sandal wearing saint that doesn't care about money. Everyone in pretty much, I would say any corporation, that statistic about men are CEOs, they're psychopaths. All they care about is money. And I think there are a lot of like there's a lot of talk about subsidies.You just touched on it, I think. And people talk about subsidies and oil when they're talking about subsidies and oil, what they're talking about is the The fact that when you drill an oil well, which can be anything between, I don't know, 30 and like upwards of 100 million, you basically get to claim that back off the tax.Now the tax in the UK is, it was about 75 percent on the oil that they extract and profit from the oil they extract. But if you have that say 100 million cost, how many companies can drill three or four wells at 100 That you're going to get anything out of that. Very few companies can afford to take that risk.I don't think it's a bit rich to call that a subsidy when you've got the whole CFD process for offshore wind, which effectively guarantees the strike price of electricity. So you imagine if you had that for oil, you would have, You would have countries buying oil off the oil companies when the price dropped, and they don't have that, they don't have that, that, that mechanism, but you simply wouldn't get offshore winds without a decent strike price, which you've seen recently in the auctions when no one bid on the licenses in the UK, and I think it was the US as well.Leafbox: So in essence you prefer just like a free market, totally. Not a totally free market, but in the sense that a clear transparent market. So if that really incentivized the right incentives, like you're saying in Japan, they have that mix of nuclear and hydrocarbon and wind and solar. And in Japan, I always feel like they're just burning trash.That's their real power generation. Andrew: It's funny that it's such a funny place in so many ways, but you've got this island, which has, a lot of geothermal resources. But in terms of mineral resources, it's not in a great position yet. It manages to be so incredibly self sufficient in terms of industry, in terms of fuel price.Like they, they said to me when I arrived here, Oh God, it's so expensive electricity. It's like about 60 to, to a month for the electricity in your house. And it's a four bed house with five air cons on 24 seven. I'm like, geez, you just see the price UK. You'd be like, 10 times almost. So they managed to make it work, but like everything else here, like I said, it's a long term, long thought process.And Obviously, I guess we haven't really talked about it, and I'm not, I don't feel qualified even to talk about it at all, to be honest with you, but in terms of climate change, I am very much meritocratic and capitalist in that sense that I think the market will identify the most efficient.way of providing energy, but I completely accept that there needs to be a level of environmental regulation because going back to what I said, CEOs, I think of any company would do anything if it made them money. And I've seen, I saw this in Azerbaijan. You go out, you're back, he's an absolutely beautiful city, but if you look back through its history of being part of the Soviet Union, the level of just pollution was unreal and it still suffers from a lot of that, especially out with the main city. So I 100 percent agree with environmental regulations. I think that, I think there's a lot of politics behind climate change. I'm quite skeptical of international NGO organizations, especially with the last few years that we've had.But I think that the yeah, I think that Japan's got it right. I think we need a mix and we need to not. Pretend like we are doing in the UK at the moment that for instance, the electricity price in the UK is doubled since 2019. And it hasn't here in Japan, and there, there tends to be a thought of, well, we just need to do all this because climate change is going to happen.It doesn't matter that, that people are suffering now, I don't think, I think people tend to. tend to maybe forget the, it's like the, the just stop oil extinction rebellion types. It's the world we have is impossible to have without oil. Sure. You can reduce it. It's going to run out eventually one day anyway.So reducing it is not a bad thing, but to pretend that you can just press stop and then you can put in a wind
Listen to Argus' Freight reporter Leonard Fisher-Matthews, Ammonia editor Ruth Sharpe and LPG & Ammonia Freight reporter Yohanna Pinheiro discuss the new ammonia flows in the gas carrier market as Argus launches 12 new ammonia freight assessments, including routes for midsize carriers (MGCs) and large gas carriers (LGCs). Key topics covered in the podcast: Details of Argus new ammonia freight assessments Main disruptions in seaborne ammonia flows Gas carrier fleet development outlook Impact of clean ammonia production
Ammonia freight is stepping up from traditional smaller gas carriers with a rush of high-tech, very large ammonia carriers (VLACs). Listen to Lisa Assmann, Senior Shipbroker at the Sales & Purchase/Project department at Norwegian shipbroking company Steem1960, which focuses on ammonia projects, Mathias Kyllingstad, Gas Analyst at Steem1960, and Yohanna Pinheiro, Argus Gas Freight Reporter, discuss how the gas carrier markets will evolve in the wake of clean ammonia momentum. Key topics covered in the podcast: Overview of the current seaborne ammonia market trade Details of the LPG/ammonia fleet and order book Current geopolitical effects on ammonia routes and tonne-mile demand Potential freight demand supported by blue and green ammonia projects Intersections of the LPG and ammonia freight markets Infrastructure challenges for Very Large Ammonia Carriers Challenges and opportunities in investing in ammonia freight
What the hell was that!? Another season where the Giants not only fail to win but where they fail to score a touchdown but is this worse than last year? In the final part of the episode Craig talks special teams before we reveal the winner of the LPG competition and when our London Meetup will be taking place
What the hell was that!? Another season where the Giants not only fail to win but where they fail to score a touchdown but is this worse than last year? Join us as we try and pick the bones out of the abysmal showing that the New York Giants put up for the legends at the game plus we reveal the winner of the LPG competition and when our London Meetup will be taking place
The rapid evolution of the TMX market is starting to impact the supply profile along the US west coast, with Latin American producers beginning to feel the pressure from increased competition. Asia-Pacific producers may soon also feel the pinch with an active delivered market in Shandong opening the door for Canadian volumes to enter the region. As the reach of the TMX barrels continues to expand, prices in Vancouver and Shandong appear to be increasing, reflecting global market fundamentals. Join Argus' crude and LPG editorial manager Gus Vasquez and Pacific coast reporter Rachel McGuire in discussing recent developments and price behaviour. Key topics covered in the podcast: LatAm crudes being displaced from the US west coast Recent price movements at Vancouver How logistics continue to play a prominent role in where the volumes go
The change of the UK government comes at a time when the future of LPG is being decided. The recent Biomass Strategy, for the first time, carved out a role for the fuel in decarbonising off-grid heating. However, officials raised serious questions about the availability of bioLPG and volumes of sustainable feedstocks. In this episode of Global LPG Conversations Argus' David Appleton, VP LPG, and Senior LPG Reporter Waldemar Jaszczyk zoom in on the UK to discuss what the new Labour administration means for the industry.
Recorded 27th of August 2024 Our new preseason interview series continues with Giants Super Fan, the one and License Plate Guy Join us as we chat about how he became License Plate Guy, Hard Knocks, the upcoming season and his hate for Preseason games. Then we do the quick fire before LPG offers one of our UK Giants fans a HUGE prize. Details to follow soon regarding this prize. Follow LPG on X here - https://x.com/LicensePlateGuy
Listen about LPG demand from the Chinese petrochemical sector this summer and the near term price outlook, with Toong Shien Lee, Associate Editor, Chemicals and Frances Goh, Editor, LPG.
In this month's energy podcast, Senior Portfolio Manager, James Mick, discusses:July market performance: drops in crude oil and natural gas, while the S&P Energy Select Sector Index and utilities performed wellMarket focus shifting from inflation to unemployment, affecting interest rate expectationsMidstream earnings slightly beating estimates, with strong free cash flowEnergy topics of interest: new natural gas pipeline announced, expansion of LPG export facility, and record capacity auction prices in the northeast PJM regionDownload Transcript
//The Wire//2030Z June 28, 2024////ROUTINE////BLUF: INDICATIONS OF ISRAELI INVASION OF LEBANON CONTINUE TO MOUNT. HOUTHI ATTACKS CONTINUE. TRAIN DERAILMENT IN ILLINOIS CAUSES EVACUATIONS.// -----BEGIN TEARLINE------International Events-Middle East: Tensions remain high regarding a potentially impending Israeli invasion of Lebanon. Various world powers continue to express growing concerns, to include the United States. AC: Additionally, maritime watchers have noted the maneuver of various US Navy assets to the region. However, it's not clear as to if these specific movements are routine or more of a diplomatic power projection. However, it is overwhelmingly likely that the preliminary staging of forces throughout the region is occurring to some degree, should a rapid evacuation operation be necessary.Red Sea/HOA: Houthi attacks on commercial shipping continue. Over the past few days, several vessels have reported being targeted by missiles, including one vessel reporting 5x missile strike attempts. So far, all of these targeting attempts appear to be unsuccessful or near-misses.-HomeFront-Illinois: A train derailed in Matteson, causing limited local evacuations due to the leak of at least one car containing LPG. The leak has since been contained, and recovery efforts are ongoing. No other HAZMAT concerns have been identified as a result of this derailment.Kentucky: Yesterday, Rep. Thomas Massie's wife passed away suddenly and unexpectedly. No further details have been released at this time.Washington D.C. – The SCOTUS has overruled a controversial 1984 decision that previously allowed federal agencies to interpret ambiguous laws. AC: This case, Chevron vs. Natural Resources Defense Council (colloquially known as the Chevron doctrine) has been cited as the bedrock of federal agencies being able to “interpret” the technical details of laws, and in many cases (in effect) add to or detract from the legal text as passed by an elected body. Overruling this case (in theory) removes a substantial portion of the bureaucratic authorities granted to federal agencies, meaning that a substantial shift in administrative law is likely to occur as a result of this ruling, to include the more than 18,000 laws that cite the precedent of this case.-----END TEARLINE-----Analyst Comments: Last night, Israeli media reported that the White House has lifted the “soft” hold on the export of Mk 82 bombs to Israel. As a reminder, the White House had hesitated to export these unguided munitions for fear of the potential for civilian casualties in Gaza. As such, this shipment (and other shipments of even larger munitions) had been placed under review until the decision was made to complete the arms transfer. Overnight, various Israeli media outlets (citing confidential sources) claimed that the arms transfer had been approved, and the shipment will be completed after the Israeli operation in Rafah has reached a conclusion. Of course, unverifiable information from historically questionable sources must be taken with a grain of salt, however this may signal a few impending milestones: A potential shifting of logistics to support an operation in the North (which would need the larger munitions), a removal of the last American political hesitance to continue arming Israel with larger (and potentially unguided) munitions, and a potential widening of the conflict throughout the Middle East. Analyst: S2A1//END REPORT//
Meet Maryam Aliyu Dikko. A software engineer, co-founder Signature by LPG and CEO Lapetitgateau, and Mother. Speaking with her was incredibly inspiring. It's beautiful to see how one person can embody so many qualities and excel at them all. In today's episode, she shares how she manages to juggle everything and discusses why more Arewa women need to be in tech. They say everything that has its highs also has its lows; she also talks about her struggles and how she overcomes them. Do you think tech is something you'd like to venture into? If so, this episode is for you! Find Maryam on: https://www.instagram.com/arewatechlady?igsh=MTNhZXkzaGR2dDY0Yw== https://www.instagram.com/signaturebylpg?igsh=Njdvc250OXBzdmZh https://www.instagram.com/lapetitegateau?igsh=MXVjNnIyYXl5OThiMA== Follow us on instagram: https://www.instagram.com/neverfullyunderstood_?igsh=MWs3dmJ2aHlpZHJwZQ==
00:00 Intro + Softball Game Announcement 5:10 License Plate Guy Interview 49:35 Andru Phillips at nickel corner 51:50 Elijah Chatman signed to the roster Email bobby@jomboymedia.com if you are interested in sitting with us at the LPG & Dexter Lawrence softball game! Get your tickets to LPG's softball game: https://sexydexygame.com/ This episode was brought to you by SeatGeek Use code GIANTS10 for 10% off tickets on SeatGeek. https://seatgeek.onelink.me/RrnK/GIANTS10 *Up to $25 off Get in on the action with DraftKings Sportsbook and use promo code WORLD when signing up so they know we sent you! Control Body Odor ANYWHERE with @shop.mando and get $5 off off your Starter Pack (that's over 40% off) with promo code GIANTS at https://shopmando.com! #mandopod #ad Join our Patreon: https://Patreon.com/TalkinGiants Check out our Merch: https://shop.jomboymedia.com/collections/talkin-giants Subscribe to JM Football for our NFL coverage: https://www.youtube.com/@JMFootball Subscribe to the JM Newsletter: http://jomboymedia.com/email Gambling problem? Call one eight hundred gambler or in West Virigina visit W W W dot one eight hundred gambler dot net. In New York, call eight seven seven eight HOPENY or text HOPENY (four six seven three six nine). In Connecticut, Help is available for problem gambling call eight eight eight seven eight nine seven seven seven seven, or visit ccpg dot org. Please play responsibly. On behalf of Boot Hill Casino & Resort (in Kansas). Twenty one plus age varies by jurisdiction. Void in Ontario. Bonus bets expire one hundred sixty eight hours after issuance. See D K N G dot com slash B BALL for eligibility and deposit restrictions, terms, and responsible gaming resources.