Chariot negotiates key terms for Rissana offshore licence in Morocco

first_img The formal award of the licence is expected to occur next year.(Credit: C Morrison from Pixabay.) Africa focused energy company Chariot Oil & Gas announced that it has negotiated the key terms of a new licence, Rissana offshore in Morocco, Africa.Subject to the normal Moroccan regulatory procedures and approvals, the formal award of the licence is expected to occur next year.Chariot’s wholly owned subsidiary will be awarded a 75% stake and operatorship of the Rissana licence  and the remaining 25% interest will be owned by Office National des Hydrocarbures et des Mines (ONHYM).Rissana offshore surrounds Lixus offshore licence’s boundariesCovering an area of 8,476km2, Rissana offshore will completely surround the offshore boundaries of Chariot’s existing Lixus offshore licence that covers approximate an area of 2,390km2.The Lixus licence includes the Anchois gas discovery, the most prospective northern areas of the previously held Mohammedia Offshore Licence and Kenitra Offshore Licence.Additionally, both the Mohammedia and Kenitra licences have been relinquished by Chariot and ONHYM to allow incorporation of prospective areas which are already covered by 3D seismic data into the Rissana licence.Chariot Oil & Gas acting CEO Adonis Pouroulis said: “With the anticipated formal award of the Rissana licence expected in 2021, we have shown Chariot’s strong commitment to both the Anchois gas project as well as to Morocco.“I would like to personally thank ONHYM for their significant support over the year and we look forward to a highly active 2021 that will see us drive the Anchois development towards near term cashflows.“We also anticipate completing Chariot’s full transformation to an energy transition group with the introduction of exciting new ventures in the New Year, which we look forward to updating our investors on in due course.”The company said that the minimum initial licence commitment will be a 2D seismic survey over a portion of the acreage to evaluate the extension and potential of the gas plays across Rissana. Chariot’s wholly owned subsidiary will be awarded a 75% stake and operatorship of the Rissana licencelast_img read more


Ex-Oxford Professor appointed Chairman of the Advisory Council on the Misuse of Drugs

first_imgEx-Oxford Professor Les Iversen has been appointed Chairman of the Advisory Council on the Misuse of Drugs to the government.The post has been empty since David Nutts, the previous Senior Drugs Advisor, was controversially sacked by Home Secretary Alan Johnson over his criticism of tougher cannabis laws.However, as Cherwell reported in January 2008, Iversen was also a critic of the government’s plans to upgrade cannabis to a Class B drug.Cannabis was upgraded from a Class C to a Class B drug later in 2008, after the government rejected the recommendations of the Advisory Council on the Misuse of Drugs.Iversen had stated in Cherwell that if the government was to reject the Council’s findings and proceed with the reclassification, it would “call into question the whole function and future of this group.”His position towards the role of the council appears to have changed in the intervening two years. In an interview on BBC Radio 5, Iversen stated, “The way I look at this is that the Government should have respect for the experts on the advisory group and the advisers should have respect for the Government’s prerogative to govern.”Further controversy has also arisen over the content of a 2003 lecture Iversen gave where he called for the legalisation of cannabis. However, he has commented in the past few days that due to the newer and more potent forms of cannabis that are now available, he has changed his position.Iversen worked at the University from 1995 as Professor of Pharmacology, and has served as the director of the board of ACADIA Pharmaceuticals since 2000.His publications include The Science of Marijuana, Drugs: A Very Short Introduction and Speed, Ecstasy, Ritalin: The Science of Amphetamines.last_img read more


Doughnut Week plans special birthday push

first_imgCraft bakers are being urged to lend their support to the 20th National Doughnut Week from 7-14 May.The week-long doughnut-fest gives bakers and coffee shops the chance to raise their local profile by taking part in a national campaign to raise money for charity The Children’s Trust from doughnut sales.Last year’s success stories included ’decorate a doughnut’ stalls at local farmer’s markets, ’a doughnut a day keeps the blues away’ doughnut menu, The Doughnut Dash, a workers’ coffee time treat idea and Football World Cup doughnuts to forecast the result of the tournament.Lisa Boswell, of sponsor CSM United Kingdom, said: “Because this is the 20th anniversary of National Doughnut Week, we are planning lots of great new ways to help promote local bakers and their doughnut events. These range from Facebook and YouTube to local radio hook-ups, celebrity sponsors and free posters and point-of-sale material.”last_img read more


Paul McCartney Pens Tribute To The “Sweet Soul Music” Of George Michael

first_imgTragedy struck on Christmas day, when beloved singer George Michael died in his home at the age of 53. His untimely death sent shockwaves through the music community, who has already seen their fair share of loss in 2016.In honor of George Michael, his former collaborator and Beatles legend Paul McCartney shared some moving thoughts about the late singer. “George Michael’s sweet soul music will live on even after his sudden death. Having worked with him on a number of occasions his great talent always shone through and his self deprecating sense of humour made the experience even more pleasurable.”George Michael and Paul McCartney formally collaborated on the song “Heal The Pain” in 2006, reworking the original 1991 version of the single with new contributions from McCartney. You can listen to their collaboration, below.The two also performed together as recently as 2005, when McCartney invited George Michael on stage for a rendition of “Drive My Car.” Check it out below.RIP George Michael.last_img read more


Bon Iver’s Longtime Manager Is Running For Congress

first_imgWe’re a long way from the 2018 midterm elections, but at least one race has already taken an interesting turn. That’s because Bon Iver’s longtime manager Kyle Frenette just announced his plans to run for Congress in Wisconsin’s 7th Congressional District.Frenette, who co-founded Middle West Management, will campaign for Democratic Party’s nomination in the hopes of taking on incumbent Sean Duffy (R-WI). Duffy, a former sports commentator and cast member on the 1997 season of MTV’s The Real World: Boston, has held the seat since 2011.According to the Wausau Daily Herald, Frenette submitted his statement of candidacy to the Federal Election Commission in late January. The publication also notes that Frenette plans to formally launch his campaign within the next two weeks.The primary for Wisconsin’s 7th district, which covers parts of the central and northwestern portions of the state, will take place on August 14th. Frenette is a native of the district, though his famous client Justin Vernon (the leader of Bon Iver) hails from nearby Eau Claire, where he hosts the annual Eau Claires Music & Arts Festival.[H/T: Wausau Daily Herald via Consequence of Sound]last_img read more


Optimism on solar energy

first_imgU.S. Energy Secretary Steven Chu struck an optimistic note about the future of solar energy Thursday but said the economic benefits of the emerging clean-energy industry will be reaped elsewhere if the business is not encouraged at home.“Invented in America but made in China is not good enough,” Chu said. “Invented in America, made in America has to be the way to go.”Chu said the global recession has hit the solar energy industry hard, decreasing demand that in turn has lowered prices for solar products. While the bankruptcy of California-based solar panel maker Solyndra has dominated headlines, the global difficulties of the industry have not gotten as much attention. Chinese solar panel makers have also been hard hit, Chu said, but they have been protected by the Chinese government to keep the industry there afloat.Chu said analysts are certain the costs of solar panels will continue to drop over the coming decade, though they disagree whether they’ll fall by a factor of two or four. If they decline by a factor of four, Chu said, the panels will become competitive with energy produced by all other fuels.China, Chu said, has “Henry Ford-ed” the U.S. with respect to solar panels. With the automobile and internal combustion engine, Ford took others’ inventions and perfected a way to make the automobile plentiful and affordable through his assembly lines.China today is taking advances made elsewhere in solar cell technology and becoming a world leader in solar panel production. In the United States, investment into clean energy as a percentage of overall sales is far below that in other industries, 0.3 percent compared with 18 percent for the pharmaceutical industry, for example.Chu said the United States maintains a technological lead, with some promising technologies being developed in its labs. Whether those advances are commercialized in the U.S. or elsewhere remains to be seen.Chu delivered the 2011 Bloch Lecture, “The Role of Science, Technology and Innovation in Solving the Energy Challenge,” in Harvard’s Northwest Laboratory Building. Sponsored by the Department of Molecular and Cellular Biology, the lecture is named for pioneering biochemist Konrad Bloch, who served as Harvard’s Higgins Professor of Biochemistry from 1954 to 1982 and was one of the founders of the Committee on Higher Degrees in Biochemistry.Chu said that science and technology are poised to deliver the world from its environmental problems, as they have done several times before. In the late 1800s and early 1900s, for example, there were widespread concerns about agricultural land becoming exhausted and crop yields declining. In response, saltpeter and guano mining began, providing nitrogen to replenish the soil. That also began a race to develop artificial fertilizers. The result of that race boosted crop yields and secured the world’s food supply for decades until, in the 1960s, new crop strains were developed that again boosted food supplies and avoided the mass starvation that some had predicted.The rapid adoption of the automobile occurred in the face of another environmental problem: from horse manure, Chu said. With transportation largely provided by horses through the late 1800s and early 1900s, major cities had enormous manure disposal problems. That situation helped to drive the rapid adoption of the automobile over just 25 or 30 years, Chu said.Government support was important to the development of the airplane industry, Chu said. The government’s first effort to subsidize aircraft development failed and was eclipsed by the privately funded Wright brothers. Though the Wrights were American, early aircraft development was dominated by overseas countries.By the beginning of World War I, the United States was 14th in government expenditures on airplanes, behind Greece and Brazil, Chu said. In 1925, however, Congress allowed private airlines to carry the mail, providing an economic boost to the domestic industry, and by the middle of World War II, the U.S. aircraft industry was globally competitive.Like Ford, Chu said, some American entrepreneurs are innovators in clean energy, not through new technology but through their business models. One such company is Arizona-based Simply Solar. Realizing that solar-panel financing and purchase is dizzyingly complex, with not only different types of panels that can be installed, but also with an array of government tax credits, Simply Solar offers to rent homeowners panels at a guaranteed cost below their current electricity rates, leaving all the installation and financing headaches to the company. After adopting that model, Chu said, the company saw monthly sales rise to what they previously were in a year.Chu also addressed other technological advances, such as the computer chip, the cellphone, batteries, and biofuels. In some cases, other nations are capitalizing on American inventions, and he called the loss of U.S. manufacturing jobs overseas “very alarming.”The answer, Chu said, may be for U.S. companies to take a longer view in making strategic decisions. While some firms do that today, he said, not enough do so. An increase in energy produced from domestic sources — through clean energy and growth in local sources of fuels like natural gas — will not only generate American jobs, but will keep the wealth generated by those companies in this country instead of exporting U.S. dollars.last_img read more


Josh Gad Sings Late-Night Version of Frozen with James Corden

first_imgTony nominee and Frozen star Josh Gad and Tony winner James Corden reunited on Corden’s The Late Late Show on April 8, and it was an absolute Broadway extravaganza. First, Gad crashes Corden’s opening monologue with a medley of familiar Frozen tunes. The two first met when they were both on Broadway in The Book of Mormon and One Man, Two Guvnors, and three years later, they have fond memories of the Great White Way. “What has been the standard now,” Gad said, “is so many of us getting our shot from theater. I never in my wildest dreams that I would be doing this show eight times a week…and catapult from that of all things.” Now he’s a huge TV and film star—with Frozen 2 on the way. But don’t expect any spoilers from Gad; he knows just as much as you do. Something tells us they would make a great duo as Tony emcees. Take a look at the clips below, in which the two, joined by James Van Der Beek, also discuss their beginnings in musical theater and their respective first kisses. View Commentslast_img read more


Developer plans major PV plus battery storage project in Nevada

first_imgDeveloper plans major PV plus battery storage project in Nevada FacebookTwitterLinkedInEmailPrint分享Bloomberg:A $1 billion solar project near Las Vegas may help light up the Strip and other parts of Nevada, California and Arizona as early as 2020.The proposed Gemini solar project would be one of the largest in the western U.S., located on almost 44,000 acres of federal land about 25 miles (40 kilometers) northeast of downtown Las Vegas, according to a statement Monday from developer Quinbrook Infrastructure Partners. The company is planning to install 690 megawatts of solar and as much as 200 megawatts of batteries.A key element of the project is the batteries. Solar-storage projects are capable of delivering power when the sun has set. That’s become especially important across the western U.S. With battery costs falling, electricity buyers in California are increasingly seeking solar coupled with batteries as well.“In California, I’d sincerely doubt you’d build a solar project without a battery,” Jeff Hunter, senior managing director of Quinbrook, said in an interview.Quinbrook, with U.S. headquarters in Houston, said an environmental review is expected to be completed next year, with construction slated to begin in the third quarter of 2019. Arevia Power will oversee final development and construction, and the final cost will be dictated by the size of the project’s battery component, Hunter said.Gemini is among a spate of large U.S. solar projects proposed recently, in part to capture governmental incentives before they’re scheduled to wane, said Hugh Bromley, a New York-based analyst at Bloomberg NEF.More: A billion-dollar solar project may help power Las Vegaslast_img read more


Fluence announces largest Canadian battery storage project

first_img FacebookTwitterLinkedInEmailPrint分享Energy Storage News:A vast new energy storage system – thought to be the largest of its kind in Canada to date with 48 MW/144 MWh capacity, will be built in the city of Sault Ste Marie, Ontario.Fluence, the venture jointly owned by developer AES Corporation and Siemens, will provide energy storage technology and provide engineering, procurement and construction (EPC) services. The company has signed an agreement for the project with PUC Services, an affiliate of the city’s designated Local Distribution Company (LDC) for electricity, PUC Distribution.The Fluence-PUC partnership will be used to offer energy management solutions to PUC’s biggest customers. Through use of the battery, businesses with a large energy profile should be able to save money on their monthly energy costs.As often reported by this site, Ontario pays for grid upgrades and decarbonisation partly through the Global Adjustment Charge, a peak demand pricing mechanism which levies higher rates on commercial customers than residential. This has led to numerous C&I projects that have been used to ‘peak shave’ businesses’ energy demand from the grid in the province, but nothing on the scale of this latest project announcement to date.Local news outlet The Sault Star carried a report about the project late last week. A Fluence spokesman said today that broadly, the report was correct but did mistakenly state that the capacity was expected to be 45 MW/165 MWh, which the Fluence representative corrected. The report also put some numbers on potential savings businesses could make. Some 357 business customers could save a total of CA$3 million (US$2.29 million) to CA$5 million savings annually between them, amounting to around CA$100 million over the course of the project’s lifetime.   More: Fluence’s latest Ontario project will be 48MW/144MWh for C&I customers Fluence announces largest Canadian battery storage projectlast_img read more


Massachusetts starts process for second 800MW offshore wind purchase

first_imgMassachusetts starts process for second 800MW offshore wind purchase FacebookTwitterLinkedInEmailPrint分享The Herald News:The Baker administration and the state’s utilities are ready to go back to market and put another offshore wind contract out to bid.The state Department of Energy Resources (DOER) and electric distribution companies Eversource, National Grid and Unitil have filed documents with state regulators to initiate a procurement of up to 800 megawatts of offshore wind power, with the goal of executing a final contract by the end of 2019.A 2016 law authorized up to 1,600 megawatts of offshore wind power. Vineyard Wind secured the first contract and is advancing its 800-megawatt project.The timeframe for the next procurement, which is subject to Department of Public Utilities approval, calls for bids to be submitted in August, project selection in November and execution of a long-term contract by the end of the year, enabling the venture that secures the contract to secure federal investment tax credits.The 2016 renewable energy law requires bidders to come in with lower prices in the second procurement, compared to the first, but officials said they are trying to build some “flexibility” into that process because they view Vineyard Wind’s winning bid as reflective of a very competitive price.The offshore wind industry along the Massachusetts coast has the potential to be a more significant sector than “anybody ever imagined or appreciated,” Gov. Charlie Baker said this month, once energy-storage technology is further developed and deployed in tandem with clean energy from wind turbines.More: Mass. sets specifics for second offshore wind procurementlast_img read more