Back in the saddle

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Repsol boosts production, adjusted net income in 1Q

first_imgSpanish oil company Repsol reported a net income of 610 million euros in the first quarter of 2018. This was a drop compared to 689 million euros earned in the first quarter of 2017.In 1Q 2017, Repsol booked an extraordinary effect on the value of oil product inventories held as part of Spain’s strategic reserve due to the appreciation in the price of oil.Adjusted net income in the first quarter of 2018, which specifically measures the performance of the company’s business units excluding inventory effects, reached 616 million euros, compared with the 570 million euros earned between January and March 2017, which represents an increase of an 8%.Adjusted net income in its Upstream unit 320 million euros, a 43% increase than that obtained between January and March of last year. Repsol said the performance of the upstream business was boosted by the measures taken as part of the synergies and efficiencies program, the greater production volume, and the increase in realization prices of crude oil and gas led to improved performance.During this period, Repsol’s hydrocarbon production reached 727 thousand barrels of oil equivalent per day, a record since 2012 thanks to increased activity in Libya, the startup of Juniper (Trinidad and Tobago), Shaw and Cayley (United Kingdom), Reggane (Algeria) and Kinabalu (Malaysia), and the acquisition of the Visund field (Norway).During the period, the company announced a new hydrocarbon discovery in Colombia in the CPO-9 block, which is part of the major development project of Akacias, whose first phase was approved in 2018.In Norway, the company signed an agreement in early February to acquire 7.7% of the Visund field, located in the North Sea. With this deal, Repsol increases its production in the country by 50% to 30,000 barrels of oil equivalent per day.In the month of March, the company was awarded two new exploration blocks in Mexico to reach a total of six licenses obtained since the liberalization of the sector last year. In Brazil, Repsol won three awards in the BR-15 round.last_img read more

Fatal Crash In Decatur County Monday Night

first_imgAuthorities in Decatur County are investigating the events that led to a deadly crash that claimed the life of a Jennings County woman Monday evening.The Decatur County Sheriffs Office received a report from a homeowner on West County Road 480 S. at 9:00 p.m.“The homeowner stated that he was chasing a vehicle from his property due to the occupants of the vehicle trespassing,” reported Decatur County Sheriff Gregory Allen. “The suspect vehicle was traveling at a high rate of speed and disregarding traffic signs according to the homeowner.”The homeowner also told police that a rifle had been pointed at him from the passenger window of the fleeing car, according to Sheriff Allen.Westport Marshal Joe Talkington attempted to stop the vehicle by blocking the roadway at the intersection of C.R. 700W and C.R 1100S.“The vehicle failed to stop, driving into the ditch to avoid the marshal and proceeded southbound on County Road 700 West at a high rate of speed,” Sheriff Allen indicated.Once the vehicle reached SR 3, it disregarded the stoplight and continued on C.R. 700W.“At that point, the Westport officer lost sight of the vehicle, but continued southbound to attempt to locate it,” said Sheriff Allen.Decatur County dispatchers received a call approximately one minute later from a resident south of SR 3 reporting a crashed vehicle in front of his home.“The vehicle involved, a 2009 Honda passenger car, ran off the right hand side of the roadway after cresting a hill, struck a utility pole and rock ditch, then rolled over several times into a field,” Sheriff Allen explained. “Both occupants of the vehicle were ejected as a result of the crash.”Brooklynn Murray, 22, of Jennings County, was pronounced dead at the scene as a result of the crash.31-year-old Steven Fletcher, of Jennings County, was flown to Methodist Hospital in Indianapolis due to possible head and internal injuries.Sheriff Allen was the second law enforcement officer on the scene and reported a quick response time by emergency personnel.“With everything that went down, and the response time by the volunteer fire departments, it is unbelievable how fast they showed up and went to work trying to save a life,” he said.As the investigation continues, police are working to determine which occupant was the driver of the vehicle.Evidence located at the scene could potentially lead to charges in the near future, Sheriff Allen hinted.What about the rifle the homeowner reported to police?Decatur County deputies located a 12-gauge shotgun that was fully loaded at the intersection of CR 700W and CR 1100S, according to Sheriff Allen.“I sent them out searching for it and within the hour it was located.”last_img read more

Redknapp looks to transfer window

first_img Redknapp believes chairman Tony Fernandes will back him in the transfer market provided the Hoops are not way off the pace in the relegation scrap. “We are trying, we felt we have to make sure we are still in there,” Redknapp said on talkSPORT. “If you are cut adrift at Christmas, you don’t want to be going and getting yourself into trouble, but if we are still in there with a chance, which I think we will be, then the chairman will go out and let us get one or two players who could make the difference for us. “We have got one or two targets, and are just waiting to see if we can get them over the line.” QPR, who drew 2-2 at home with champions Manchester City before the international break, host Newcastle on Saturday, with the Magpies now very much on the up having at one time looked set for a survival battle themselves. Redknapp added “I look at the table and think there are going to be seven or eight teams involved in that scrap. “Burnley had a win last week, there is no-one cut adrift yet, it is too early, and if anyone could get back-to-back wins like Newcastle have done, it could all turn quickly. “We brought a few new players in and it took them time to settle, but they are finding their feet at the club now. “I think we we have deserved more points with the form we are in, but I would rather play poorly and pick up a few wins.” Queens Park Rangers manager Harry Redknapp is hoping to bring in some new additions when the January transfer window opens who “could make the difference” in terms of Barclays Premier League survival. The west London club, promoted back to the top flight after winning the Sky Bet Championship play-off at Wembley, are second from bottom of the table, but only a point behind 17th-placed Crystal Palace. QPR have been linked with a move for former England striker Jermain Defoe, who is with Toronto in the Major Soccer League. center_img Press Associationlast_img read more

15-year-old killed while attending a Halloween party

first_imgAuthorities in Southwest Miami-Dade are currently searching for answers after a 15-year-old boy was shot and killed while attending a Halloween party Saturday night.The incident was reported at a home on Southwest 132nd Avenue.Witnesses say the teen identified as Angel Cueli and several others were standing on the side of the house when the shooter approached them in a black sedan and fired several rounds.The shooter then fled the area in the vehicle.Cueli was flown to Kendall Regional Medical Center where he was later pronounced dead.Authorities are still searching for information that will lead them to the shooter.If you have any information about this incident, you are asked to contact your local police department.last_img read more

20 Teams Jostle for Access Bank, UNICEF Charity Polo Honours

first_imgThe 2016 edition of the Access Bank-UNICEF Charity Shield Polo tournament is scheduled to hold in Kangimi Resort, Kaduna, from May 25 to June 5, 2016.The biggest charity polo event in Africa in collaboration with Fifth Chukker will this year, feature 15 teams vying for honours in three categories, organisers of the event said in a press conference in Lagos yesterday.The event, which is in its 10th year of Access Bank sponsorship, is a reaffirmation of the importance of the lives of the orphaned and vulnerable children in northern Nigeria. Executive Director, Personal Banking, Access Bank, Victor Etuokwu, said the bank had maintained its yearly support to UNICEF towards its projects for orphans and vulnerable children.He stated that in addition to the donation, the Bank is continually seeking new avenues through which more resources can be pooled towards supporting the children and touching the lives of the Internally Displaced Persons (IDPs) scattered across the country.“We have been working in Kaduna, in collaboration with UNICEF to elevate quality of lives. We need to do a lot more in support of these orphans and vulnerable children to especially in the IDP camps to enable them live a better life and have access to education,” he added.The UNICEF Representative in Nigeria, Jean Gough thanked Access Bank for the partnership which has over the past decade positively touched the lives of children needing support particularly in Kaduna and its environs.Ms Gough who was represented by UNICEF Communication Officer, Blessing Ejiofor stated that the partnership has increased the space for lots of children orphaned by HIV/AIDs in the target communities to enjoy their rights to education.“We know that sustainable development begins with safe, healthy and well-educated children irrespective of status. We have no doubt through this partnership, made positive impacts in the lives of disadvantaged children in education and healthcare and we are hoping to do more.”Fifth Chukker Polo Captain, Babangida Hassan, said the club is proud to continue in the development of this established partnership with Access Bank and UNICEF.He disclosed that over 20 teams across Africa have signified interest to participate in the Access Bank UNICEF Charity Shield polo tournament for this year.Campaigns for the most prestigious prize, the Access Bank Cup and the low-goal UNICEF Cup promises to make the tournament exciting especially with 15 teams set to display their skills in potentially explosive games.The event is the first stage in the series that will climax in Europe with the Access Bank Charity Shield Polo Day at the prestigious Guards Polo Club in London next month.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Memorable moments from 2010 tournament

first_imgThrilling.There is no better way to describe the national championship game, no better way to describe the entire tournament.The 2010 NCAA Tournament had it all — buzzer beaters, a seemingly never-ending supply of early-round upsets, exceptional individual performances and, of course, a dramatic title game to cap it all off.As Jim Nantz said, “It almost went in!” But Gordon Hayward’s last second heave rimmed out and the Blue Devils grabbed their championship t-shirts.But talk of tournament expansion will continue to pick up and many of the great moments we witnessed over the past few weeks will soon be swept aside into the ESPN Classic vault as everyone’s focus turns to next season.Before we look forward, however, let’s look back at the past few weeks of college basketball. Duke is back on top and Butler made a historic run, giving mid-majors everywhere hope; but there is a long list of moments aside from Duke’s triumph that made March and early April special.Here is what I’ll remember from yet another captivating tourney.Northern Iowa and St. Mary’s (Yeah, I’m trying to forget about Cornell.)Playmaking senior point guards are supposed to be the trademark of a Final Four team. There weren’t many better than Kansas’ Sherron Collins and Villanova’s Scottie Reynolds, so it was a no-brainer that they’d be playing deep into the tournament — seemingly everyone had KU winning it all.But Northern Iowa and St. Mary’s had something to say about that. Those two Cinderellas could have cared less who was suiting up for the Jayhawks or Wildcats.Panther guard Ali Farokhmanesh’s epic three-pointer in the late stages of the upset over No. 1-overall seed Kansas and St. Mary’s center Omar Samhan’s relentless work in the paint put their respective programs on the map, if only for a couple weeks.It’s those kind of performances that busted brackets and gave us some of the best early-round action to date.Izzo does it againMichigan State advanced to another Final Four. Man, that is getting old.Sparty’s best player and floor general, Kalin Lucas, goes down in the second round and they don’t miss a beat. Talk about a daunting task for a head coach in a single-elimination tournament.I don’t know how he does it, I don’t even think Izzo knows for sure, but the MSU head coach gets the most out of his players come tournament time and it is truly remarkable.The Spartans are just a tough out — they find a way to win close games and they rebound the basketball. With yet another Final Four run to his name, Izzo continued to prove why he’s the best coach come March (as hard as that may be for Badger fans to accept).The end of Da’Sean Butler’s college careerMost of the time we never remember who finishes second, let alone third or fourth.But while the NCAA tournament is known for the jubilation it creates, there are always the teams on the losing end, the players who see their dream die.West Virginia senior Da’Sean Butler and the Mountaineers suffered that pain in the semifinals, but Butler couldn’t even finish the game. In the second half, WVU’s best player collided with Duke center Brian Zoubek and tore his ACL.Butler collapsed to the floor screaming, hysterically crying. His head coach, Bob Huggins, fighting back tears himself, knelt down to comfort his star player in what was probably the most physically painful 10 minutes of his life, their two faces mere inches apart with millions of people watching in silence.It was one of the most moving moments I’ve ever witnessed on a basketball court.Butler’s collegiate career was over. Without him his team’s chances of advancing dissipated. His NBA stock was now thrown into question. But unfortunately in sports, we see these injuries happen all the time.What was so unique was Huggins’ incredibly emotional response when his player went down. Now, Huggins is not a colorful guy. His pre-game interview was monotone, bland and short. But we saw a different side of him last Saturday, a side brought about by an unfortunate injury.We often hear about the supposed beauty of college sports. How teenagers grow into men on and off the court. How coaches teach their players more than just X’s and O’s. How the game is about more than winning and losing.At the end of the day we all want our teams to win and that’s really all we care about. But every once in a while a moment like Butler’s injury happens and you see the game from a different perspective.It reminded us that for some coaches and their players this game is about more than winning. There is genuine loyalty, genuine pride. It’s an aspect of the college game you hardly see surface in professional sports.During the Final Four telecast CBS kept running those corny promos of players saying “this is what is college basketball is all about.”Sure, the Final Four and the national championship is what they play for. But Butler’s injury and his coach’s reaction — well, that’s a moment that defines college basketball.Max is a junior majoring in journalism. What will you remember about the 2010 NCAA tournament? Let him know at read more

Tipp fired up for League opener

first_imgSpeaking at the launch of the 2015 Allianz National Hurling Leagues at Croke Park the Borrisoleigh native says both sides will be eager to battle it out for a valuable two points.He said: Tipperary hurling captain Brendan Maher says both teams will be looking for revenge in their League opener next Sunday.Tipp begin their campaign in Division 1A with an away game to Ger Cunningham’s Dublin in Parnell Park.The sides last met in Parnell Park in 2010 when Dublin emerged victorious, while Tipp came out on top when they clashed in Semple Stadium last year.last_img read more

John Mensah rejoins Rennes

first_imgFormer Ghana captain, John Mensah has joined his former club, Stade Rennes.The 30-year-old who has been a free agent since June 2012 has signed a six-month deal with the French top flight side.Mensah was with the Red and Black for three seasons and was handed the captain’s armband in his final year before joining Lyon in the 2008-2009 season.He is expected to provide cover for his compatriot, John Boye who will be with the Black Stars of Ghana at the 2013 Africa Cup of Nations in South Africa.Mensah who will wear the number 20 jersey will be presented to the press on Thursday.last_img read more

EYOWF 2017: Project that unites BiH

first_imgOn 8th December 2012, 41st General Assembly of European Olympic Committee in Rome decided that cities of Sarajevo and East Sarajevo will host the European Youth Olympic Winter Festival in 2017 which will host more than 1500 athletes from more than 40 countries.This event will greatly benefit BiH winter tourism, and sports infrastructure of the Olympic mountains (Bjelašnica, Igman,Jahorina) will be rehabilitated, which will put Sarajevo to a map of future big sports events.EYOWF 2017 is the strategic project not just for Sarajevo, but also for East Sarajevo, Sarajevo Canton and the entire BiH, because everyone in BiH needs to cooperate so that the event passes in the best possible manner.last_img read more