CUNA to take, share video of NCUA’s new RBC discussions

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The Credit Union National Association requested and the National Credit Union Administration has agreed that CUNA and a limited number of others can set up video cameras to record the agency’s open meeting Thursday.That’s the much-anticipated session at which a revised risk-based capital (RBC) proposal will be unveiled. The video cameras are a significant change from the agency’s standard operating procedures for board meeting.Thursday, CUNA requested that the meeting be streamed live over the Internet, or if not possible, that the NCUA allow the ability to videotape the proceedings. The agency was not able to accommodate live-streaming for the January meeting, but said it would plan to do that for future meetings.CUNA President/CEO Jim Nussle thanked the NCUA for agreeing to CUNA’s request to video record the important RBC discussions.  He noted that CUNA will post the video to the cuna.org website and announce through News Now when the recording is available. continue reading »last_img read more


Total produces first gas from Culzean field in North Sea

first_imgFrench oil major Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK.Installation of Culzean topsides. Source: TotalThe Culzean field lies in Block 22/25 in the central North Sea’s East Central Graben.Announcing the field start-up on Tuesday, Total said that, with a plateau production of 100,000 barrels of oil equivalent per day (boe/d), Culzean will account for around 5% of the UK’s gas consumption, bringing to 18% the proportion of the country’s gas demand supplied by Total.“The Culzean project is delivered ahead of schedule and more than 10% below the initial budget, which represents Capex savings of more than 500 million dollars. This has been achieved thanks to the excellent performance of the project teams in charge of the construction and drilling operations,” stated Arnaud Breuillac, President Exploration & Production at Total.“Culzean is a good example of our efforts to upgrade our portfolio in the North Sea over the last years, notably by bringing Total and Maersk Oil together. The Culzean field is located in the Central Graben area, close to the Elgin-Franklin fields, also operated by Total, thus generating synergies.”Discovered in 2008 by Maersk Oil, the Culzean field contains resources estimated between 250 and 300 million barrels of oil equivalent. The project includes the drilling of six wells, the construction of three bridge-linked platforms and of a Floating Storage and Offloading (FSO) unit. Gas from Culzean is exported via the CATS pipeline and the UK National Grid whilst condensate is stored in the FSO for offloading by shuttle tanker.Total operates Culzean with a 49.99% participating interest, alongside BP (32%) and JX Nippon (18.01%). Commenting on the start-up of Culzean, Glenn Morrall, a research associate with Wood Mackenzie’s North Sea upstream team, said: “Once the field hits peak in the early 2020s, Culzean could account for more than 10% of the UK’s gas production.“The project was brought on stream ahead of schedule and under budget, with Total shaving $500 million off the development costs since it was sanctioned in 2015. Development costs now sit at around $4.5 billion.”Morrall added: “Culzean is the third UK project to start production this year, but the biggest by a long way. It shows that there is still appetite for big developments in UK waters.“There is some risk, though. Culzean gas is HP/HT, which makes it more challenging to operate successfully. However, Total brings a wealth of experience in operating HP/HT fields, for example at the nearby Elgin-Franklin fields.“For the French major, production from Culzean will play a big part in it being the biggest UK gas producer for the foreseeable future.“The UK continues to deliver for Total, with the Culzean news following on from recent exploration success as an operator at Glendronach and partner at Glengorm.” Culzean shows there is still appetite for big developments in UKcenter_img Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.last_img read more


Messi asks Barcelona to terminate contract

first_img Loading… It is believed Messi sent a burofax to the club confirming his intentions to leave, but they maintain that the clause in his contract allowing him to leave at the end of the season expired on June 10. Messi has cut a forlorn figure at times in the last year or so, and it is believed his relationship with a number of figures in power at the Nou Camp has broken down. read also:Man City plotting to sign Messi without breaking FFP rules He had a very public spat with former director Eric Abidal earlier this year, while he has also struggled to form a relationship on and off the pitch with big-money signing Antoine Griezmann. If Messi does indeed leave all eyes will turn to his next possible destination. Manchester City may well be at the front of the queue, with the intriguing possibility of a reunion with his former manager Pep Guardiola potentially on the cards. FacebookTwitterWhatsAppEmail分享 Fox Sports journalist Cholo Sottile tweeted on Tuesday afternoon: “Confirmed: Messi has communicated to Barcelona that he will leave.” Respected journalist Guillem Balague, meanwhile, claimed he may need to take legal action to break his contract, tweeting: “Messi thinks the season finished in August, so he can use the clause that frees him from the club before the end of the month. FCB would mention that the contract talks about the end of June for Messi to use the clause, so it has expired.” Promoted Content20 Completely Unexpected Facts About ‘The Big Bang Theory’9 Iconic Roles That Could Have Been Played By Different Actors10 Phones That Can Easily Fit In The Smallest PocketEverything You Need To Know About Asteroid Armageddon7 Black Hole Facts That Will Change Your View Of The Universe5 Of The World’s Most Unique Theme ParksA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtWhich Country Is The Most Romantic In The World?7 Mind-Boggling Facts About Black Holes5 Of The World’s Most Unique Theme ParksWhat Is A Black Hole In Simple Terms?90s Stunners Who Still Look Gorgeous Lionel Messi has reportedly told Barcelona he wants to leave the club. According to Marca,  the Argentine does not want to continue under new boss Ronald Koeman following Barcelona’s embarrassing 8-2 defeat to Bayern Munich in the Champions League. And now reports from Spain and Argentina claim that he has communicated to the club his desire for a fresh start following a turbulent season.last_img read more


India-Australia series on a par with Ashes: Nathan Lyon

first_imgSydney: Australia off-spinner Nathan Lyon feels the series against India is one of the most high-profile encounters in world cricket presently and he went on to the extent of putting it at same level, in terms of intensity, as that of the Ashes. India are currently scheduled to travel Down Under for the Border-Gavaskar Trophy later this year. The four Tests will played at Gabba, Adelaide Oval (Day-night Test), MCG and the SCG respectively, starting December 3. The last time India toured the country, they ended up winning their first-ever Test series, recording a thrilling 2-1 victory. Lyon stated the hosts are eager for India to return this summer. “You definitely don’t like losing games or series while playing for Australia. Obviously, India, a couple of years ago, they outplayed us so we are looking to have those guys come out here,” Lyon told reporters in a video uploaded on cricket.com.au Facebook page. “It’s getting up there to the pinnacle series alongside Ashes. Obviously, they have got a side full of superstars and it’s going to be an amazing challenge this summer when they get out here.” Lyon also stated that he will be keeping a close eye on proceedings when England lock horns against West Indies at home next month. The thee-Test series will mark the resumption of cricket which was suspended in March due to coronavirus pandemic “I’ll try and watch different players and see how they go about their business. I’m looking forward to seeing some cricket being played, I’m starting to get the itch back now, it’s pretty exciting,” Lyon said. “Well you’re not allowed to put saliva on the ball so I think spinners might open the bowling,” he joked. “That’d be a little bit interesting.” (IANS)ALSO WATCH: Murder in Betjan Tea Estate; Chowkidaar found murderedlast_img read more


RED HOT: Cooney rescues Syracuse, burns Cornell with career-best 7 3s

first_imgEach time Trevor Cooney hit a 3, he acted like nothing happened. Each time he hit a 3, he casually jogged down the floor and went into a defense stance. Each time he hit a 3, his teammates stood and cheered.He drilled seven 3s in total. Only once did he crack a smile. And it was faint.Cooney shot 7-of-8 from downtown and 10-of-12 overall. He finished with a career-high 27 points and guided No. 8 Syracuse (1-0) to an 82-60 comeback win over a pesky Cornell (0-1) team on Friday night in front of 24,788 at the Carrier Dome.“He is such a great shooter,” Syracuse guard Michael Gbinije said, dragging out each word for emphasis. “In my opinion one of the greatest shooters in the country.”Cooney shot 26.7 percent from 3 last year, and looked out of his element for most of the season. Syracuse head coach Jim Boeheim said the reason Cooney didn’t see much time last year was because of his offense, not his defense. He couldn’t get into a rhythm and many fans wrote him off before the end of his first season of play.AdvertisementThis is placeholder textBut this year, after one game, he’s shooting 87.5 percent from downtown. Each trey silkier than the last.Syracuse trailed 36-24 with two minutes to go in the half. Cornell’s Nolan Cressler had 20 points, and SU was in danger of losing just its fifth season-opener in Boeheim’s 38-year career.Cooney had other ideas.He whizzed through the Cornell defense, brushing off Rakeem Christmas’ left shoulder after a double screen. Cooney planted his left foot and then his right, catching a pass from Gbinije and released the ball milliseconds after it entered his hands.Splash.On the very next play, Gbinije found Cooney again, and again Cooney drilled it. The Orange trailed by only six entering the break after falling into a 12-point hole earlier in the half.“Those were two monster shots,” Boeheim said.Boeheim said Cooney has always been a good shooter. Playing sporadic minutes off the bench didn’t bode well for someone who needs reps. But this year, with Brandon Triche and James Southerland gone, Syracuse needs a shooter.Cooney said he started feeling it once he hit his first few shots. He attributed much of his success to Gbinije and starting point guard Tyler Ennis. Gbinije finished with five assists in his Syracuse debut and Ennis added seven in his first collegiate game.“Once I got the first couple going, teammates started finding me and setting screens and I was able to get open and knock those down,” Cooney said.The guard scored 14 points in the first half, but his production didn’t slow down in the second stanza. Ennis dribbled into the left side of the paint early in the second half. He swiveled his torso and hit Cooney in stride.The rest was just a formality. Cooney started running to the other end before the ball even fell through the net.The basket gave Syracuse a 42-40 lead — its first since the score was 16-15 — and forced Cornell to call a timeout. Cooney glided off the court, getting love from his teammates and the fans.But he wasn’t quite done. Cooney hit two treys in the next two minutes. On the second one, he finally cracked a smile, high-fiving Baye Moussa Keita as he backpedaled downcourt. He found openings where none were supposed to exist, nailing 3s from improbable angles.“He shoots like that every day,” Ennis said.But never before in games. Cooney has never shot like that at Syracuse. With 12 minutes left in the half, Cooney flaunted another improved element of his game. He deflected an errant pass from Darryl Smith and sent it the other way. Cooney scampered after and corralled the loose ball, took three dribbles and threw it down with authority.Two possessions later, he hit a contested fadeaway jumper that was simply ludicrous. Cooney popped out from the corner, dribbled and unleashed a high-arcing shot.He sprawled onto his back, falling into the scorers’ table. Part of his arm disappeared underneath the blue curtain.And then came Cooney’s curtain call. Fans cheered for close to 30 seconds as he trotted off the court in the same casual manner in which he carried himself all game.The fadeaway capped a 20-4 run that turned a Syracuse deficit into a 64-48 lead. SU’s first half struggles were long gone.On a day where Syracuse needed a spark, Cooney provided one. He was the sharpshooter the Orange needed to carry it out of its rut.“He was a game-saver for us,” forward C.J. Fair said. “Without his 3s, I don’t think we pull this game out. He came up big when we needed him.” Comments Published on November 8, 2013 at 8:55 pm Contact Trevor: [email protected] | @TrevorHass Facebook Twitter Google+last_img read more