The pros and cons of B.C.’s LNG aspiration

first_imgFollow this link for the entire 250 News report.Follow this link for the entire Financial Post report. “The script that we thought it would go by might turn out to be different but that’s ok because we are still seeing progress and I am really pleased about that,” Premier Clark told 250 News.That noted, a new report released by investment firm Sanford C. Bernstein & Co. is predicting only two LNG projects slated for B.C. will move forward as the industry suffers an “anxiety attack” stemming from the sharp drop in commodity prices, according to the Financial Post.The Post cites Bernstein’s report as predicting Shell Canada’s $40 million LNG project will be operating by 2021 if a final investment decision is reached by 2016. Bernstein is also forecasting Kitimat LNG, supported by Chevron and Woodside Petroleum, will likely see first shipment by 2023.- Advertisement -While Pacific NorthWest LNG was not included as a forecasted success, a project that was deferred in December 2014 amid concerns of declining oil prices and challenging costs, many industry observers predict a positive final investment decision before the first quarter end, according to the Post.In fact, the Post says most of the global LNG industry has recently increased their focus on cost-cutting as Asian LNG prices have fallen below US $10.00 per BTU – a 50 per cent decrease from this point last year.This is also said to be a direct result of a decreased price in oil, weak LNG demand and an abundant of supply, according to Citibank.Advertisement Another hurdle facing B.C.’s LNG industry is the eight new LNG project in Australia – furthering the global capacity over the next two years by 60 mtpa.The Post is also reporting that Energy and Mines Minister Rich Coleman says he’s not fazed by the banks predictions, citing his own prediction of the province meeting its target of three projects by 2020.Some elements that may be playing a role in Minister Coleman’s optimism include the possibility that stubbornly lower commodity prices may actually stimulate global demand, according to the Post.Other positive outcomes may result from energy importers’ desire to secure cleaner fuels, as well as working with jurisdictions that are not prone to problematic behaviour, such as Russia and the Middle East.Advertisementlast_img read more

Senate Readiness Panel Denies Pentagons BRAC Request

first_img Dan Cohen AUTHOR The Defense Department would be prohibited from holding a round of base closures, under the portion of the fiscal 2016 defense authorization bill marked up Tuesday by the Senate Armed Services’ Readiness Subcommittee. “At a time when the department cannot afford to fully fund … readiness requirements, I do not support giving the department the authority to pursue a BRAC round,” said Subcommittee Chair Kelly Ayotte (R-N.H.), reported CQ Roll Call.The panel’s rejection of the Obama administration’s request to hold a BRAC round in 2017 was not a surprise as Ayotte has made her opposition clear in recent years. She pointed to the potential for a new round to incur significant upfront costs, as the last one did, in explaining her stance at a hearing of the subcommittee in March.The text of the legislation is not expected to be available until the full committee completes its markup. Its deliberations begin this morning and are expected to run until Thursday night or beyond.The measure also contains language to reform DOD’s weapons acquisition process. Ayotte said the proposals are similar to those in the House bill but did not discuss its specific provisions, according to the story.“In this era of growing threats and shrinking defense budgets, the old methods of acquisition and … acquisition overruns are no longer sufficient,” Ayotte said.last_img read more

Microsofts HoloLens 2 may go on sale in September

first_imgMicrosoft’s second generation HoloLens is coming in September. James Martin/CNET Microsoft revealed its HoloLens 2 at Mobile World Congress earlier this year, and now we know when we’ll be able to get our hands on it. During a speech at the World Artificial Intelligence Conference in Shanghai, executive vice president Harry Shum revealed that its next-generation augmented reality headsets goes on sale in September, Reuters reported.The updated HoloLens is available to preorder for $3,500 (about £2,700 or AU$4,900), and comes four years after the original version. The new one is more comfortable, and has a greater field of view and better eye and hand tracking, according to CNET’s Ian Sherr and Scott Stein. In an emailed statement, Microsoft confirmed that HoloLens 2 will begin shipping later this year, but didn’t confirm that it’ll arrive in September.”We have started collecting expressions of interest for HoloLens 2 preorders and, as part of our standard practice for gathering feedback, have shared near-final prototypes with some customers, but have not announced a date for general availability,” a spokesperson wrote.First published at Aug. 29 at 2:06 a.m. PT.Updated at Aug. 30 at 3:50 a.m. PT: Adds Microsoft statement. 4:54 Comments 4 Share your voice Tags Augmented reality (AR) Microsoft Wearable Tech Microsoft HoloLens 2: A first dive into the future of… Now playing: Watch this:last_img read more

Fathers Day 2019 Here are some messages wishes and quotes for your

first_img“One father is more than a hundred schoolmasters.” – George Herbert “To a father growing old nothing is dearer than a daughter.” – Euripides “My father didn’t tell me how to live. He lived, and let me watch him do it.” – Clarence Budington Kelland “My dad’s my best mate, and he always will be.” – Cher Lloyd “My father gave me the greatest gift anyone could give another person, he believed in me.” – Jim Valvanocenter_img “It doesn’t matter who my father was; it matters who I remember he was.” –  Anne Sexton ReutersFather’s Day is just two days away and you can take this day to show your own personal superhero how much you love him. A father provides strength and protection for a child and it is no surprise that the child turns towards the father for guidance at every point in their life.The Third Sunday of June every year is celebrated as Father’s Day in many countries across the world and people take this day to show how much they appreciate their father. In some countries, Father’s Day is celebrated in either March or April.Father’s Day first came around in 1909 in the USA when one Sonora Dodd suggested the day to celebrate father. The first Father’s Day was celebrated on June 19, 1910.Here are messages you can give your father on this special day Thank you for the example you set and for your leadership in our family. We love you, Dad!We deeply admire the good man and wonderful father you are.As a dad, as a father-in-law, as a grandpa—you’re the best, and we feel so lucky to have you!Happy Father’s Day! You’re not just my father, but one of my closest friends.You’re my one and only dad, and I’ll always have a special place in my heart for you. Happy Father’s Day!Some Inspiring quotes about your personal heroes without capeslast_img read more

Full Show New Sandra Bland Video And Barbara Bush The Matriarch May

first_imgListen To embed this piece of audio in your site, please use this code: 00:00 /50:51center_img X On Tuesday’s Houston Matters: Sandra Bland was found dead in her Waller County jail cell in 2015. Now, a newly uncovered video of her arrest is raising questions about how the case was handled. We examine Bland’s arrest and suicide further with Brian Collister, who is a reporter for Investigative Network.Also this hour: On May 8th, 1980 the World Health Organization announced smallpox was eradicated. But, in 2019, more than 700 cases of the measles have been reported in 22 states with ten of them confirmed here in Texas as of March. We examine what lessons can be learned from efforts to eradicate smallpox, polio, and other diseases that we couldn’t accomplish with measles.Then, journalist Susan Page discusses The Matriarch, her biography of former First Lady Barbara Bush.And Houston’s very first poet laureate Gwendolyn Zepeda tells us about the stories and authors featured in her new anthology Houston Noir and how our city lends itself to the noir genre.We offer a daily podcast here, on iTunes, Stitcher and other podcasting apps. This article is part of the Houston Matters podcast Sharelast_img read more