Assessment of the macrobenthos in an Antarctic environment following recent pollution abatement

first_imgQuantative population data for shallow Antarctic soft-bottom communities in King Edward Cove, South Georgia indicate that although once grossly polluted by organic effluent and fuel oil from a whaling station, the fauna recovered within some eight years after contamination ceased. The results are discussed in relation to comparable studies in other polar and temperate areas.last_img

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Scoreboard roundup — 7/28/19

first_img FacebookTwitterLinkedInEmailiStock(NEW YORK) — Here are the scores from Sunday’s sports events: MAJOR LEAGUE BASEBALLINTERLEAGUEHouston 6, St. Louis 2AMERICAN LEAGUETampa Bay 10, Toronto 9Minnesota 11, Chi White Sox 1Kansas City 9, Cleveland 6Oakland 6, Texas 5LA Angels 5, Baltimore 4Seattle 3, Detroit 2, 10 inningsNY Yankees 9, Boston 6NATIONAL LEAGUEPhiladelphia 9, Atlanta 4Cincinnati 3, Colorado 2NY Mets 8, Pittsburgh 7Miami 5, Arizona 1Washington 11, LA Dodgers 4Chi Cubs 11, Milwaukee 4San Francisco 7, San Diego 6Copyright © 2019, ABC Radio. All rights reserved. July 29, 2019 /Sports News – National Scoreboard roundup — 7/28/19 Beau Lundcenter_img Written bylast_img read more

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Cue Energy and partners begin commercial production from PB field in Indonesia

first_imgThe onshore field in the Central Sumatra basin is producing at nearly 600 barrels of oil per day Production at the onshore field is being carried out through the PB-1 well. (Credit: Dani Simmonds from FreeImages) Cue Energy Resources and its joint venture partners have achieved commercial production from the onshore PB field in the Mahato production sharing contract (PSC) in Indonesia.Production at the onshore Indonesian field is being carried out through the PB-1 well at around 600 barrels of oil per day.Existing third-party facilities are being used by the joint venture partners for processing and exporting the oil from the PB field.According to Cue Energy Resources, the PB-2 exploration well will go through a workover to commence production. The company expects the drilling of three more development wells to begin this quarter.The PB-1 and PB-2 wells were drilled by the partners as exploration wells in late 2019, and early 2020, respectively.Additionally, Cue Energy Resources and the Mahato PSC joint venture partners have reached a settlement to the dispute pertaining to the two wells.Cue Energy CEO Matthew Boyall said: “Cue is excited to see oil production from the PB field after exploration success in late 2019. This is a rapid progression from exploration to production.“The PB field will be a third revenue stream for Cue and will further strengthen our business.“The differences between the joint venture partners and Cue have now been resolved and we look forward to a fruitful partnership as production from the PB field increases and further exploration is undertaken in the Mahato PSC.”Cue Energy owns 12.5% stake in Mahato PSCCue Energy Resources, through its fully-owned subsidiary Cue Mahato, has a stake of 12.5% in the Mahato PSC. Listed on the Australian Stock Exchange, Cue Energy Resources is 50.04% owned by New Zealand Oil & Gas.The other partners in the Mahato PSC are Texcal Mahato EP, the operator with a stake of 41%, Bukit Energy Central Sumatra (Mahato), which holds 25% stake, and Central Sumatra Energy Mahato with a 11.5% stake.Spread over 5,600km2, the Mahato PSC is contained in the Central Sumatra basin, and is in proximity to various producing oil fields.In December 2018, Cue Energy Resources announced the discovery of gas at the Paus Biru-1 exploration well located offshore East Java in the Madura Strait, Indonesia.last_img read more

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Show to go biennial

first_imgFrench bakery exhibition Europain is set to become a more frequent event, switching from every three years to every two, show organisers said at the launch of the 2008 exhibition.Around 600 exhibitors are expected at the now biennial five-day event, to be held at Parc des Expositions de Paris, from 29 March to 2 April.Exhibitors will cover equipment, ingredients, products and services for the craft sector, industrial baking, pastry making, chocolate and confectionery and shop equipment markets. More than half of the visitors are expected to come from craft bakeries.Europain 2008 will also feature the Bakery World Cup, pitting 12 international regional winners against each other, with UK representative, Manchester’s Tameside College, hoping to make the finals. Three students – Steven Salt, Gabrielle Baxter and Michael Wilde – will compete in the semi-finals in Lille, northern France, tomorrow (1 December) against teams from Italy, Spain, the Netherlands, Belgium and Israel. The winners will be announced in next week’s BB.last_img read more

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Peter Hunt business to close

first_imgBolton-based manufacturer Peter Hunt is to close, with the loss of 200 jobs. Hunt’s was part of the Lyndale Group, which went into administration last month. While part of Lyndale’s business was saved in a management buy-out, Hunt’s, which makes pies and pasties, was left without an owner.Dermot Power, business restructuring partner at administators BDO Stoy Hayward, said: “We have worked hard to find a buyer for the Peter Hunt business in the face of challenging market conditions and it is regrettable that we have been unable to do so. “The only remaining option for Peter Hunt is to close the business, making staff redundant.”He added: “I’d like to thank all the staff who have continued to work with us during what has been a very difficult time.”last_img read more

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Marks & Spencer lists Village Bakery Welsh Batch loaf

first_imgWales-based Village Bakery has secured a deal to supply Marks and Spencer (M&S) with its branded batch loaf.Although Village Bakery supplies around 30 own-label products to M&S, the new deal enables the firm to sell the bread under its own name for the first time.The bakery won the Free-from Bakery Product of the Year in the 2018 Baking Industry Awards for its M&S Made Without Wheat Belgian Chocolate Twists.The listing in 30 M&S shops across Wales and the Marches is part of a drive by M&S to stock more Welsh products in local stores, said the firm.Available now, the Village Bakery Welsh Batch is a premium loaf with thick slices, made from dough fermented for 16 hours.“We’ve worked with M&S for over 12 years now, and to get our branded Village Bakery Welsh Batch in there is a great accolade and a historic moment for us. We’re baking that loaf for 50 minutes, compared to some of our competitors who are baking for 19 minutes,” said Robin Jones, managing director of Village Bakery.“We have high hopes that it’s going to do well and prove popular with M&S customers. Their ethos has always been well-matched with the Village Bakery, thanks to their commitment to local sourcing, animal welfare and protecting the environment.”The supply deal was a ‘great reward’ for the team after they doubled bread production when demand increased due to panic-buying amid Covid-19, added Jones.“Hopefully, this can be a stepping stone to going UK-wide with the Welsh Batch. After its long fermentation, it’s batched into fives, which helps with the flavour and moisture of the loaf,” said Tom Breeze, manager of the firm’s Minera site, where the Welsh Batch is baked.Following a devastating fire last year, Village Bakery began construction of a new factory this year.last_img read more

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Avian flu spreads westward in Russia

first_imgAug 15, 2005 (CIDRAP News) – Avian influenza has cropped up in chickens near Russia’s Ural Mountains, possibly signaling a continued westward march of the deadly H5N1 virus, news services in Russia reported today.The Chelyabinsk region along the southern end of the Urals is the sixth area in Russia to have been hit by avian flu outbreaks recently, according to Agence France-Presse (AFP) and Reuters. The Urals separate Siberia from European Russia.A regional official said 60 chickens in the village of Oktyabrskoye died over the weekend, according to an online report by Mosnews.com. The report said testing had detected an H5N1 virus in the dead birds. However, the AFP and Reuters reports said it was not yet known if the virus was H5N1.Other parts of southwestern Siberia that have reported recent outbreaks of avian flu include Novosibirsk, Altai, Omsk, Tyumen, and Kurgan, all to the east of Chelyabinsk, according to AFP. But the H5N1 strain has been identified only in the Novosibirsk, Altai, and Omsk outbreaks, the report said.The Siberian outbreaks have killed 10,896 wild and domestic birds, according to an RIA Novosti news agency report quoted by AFP. Hundreds of thousands of birds have been culled since the first in the series of Russian outbreaks was reported in Novosibirsk on Jul 21, according to Mosnews.com. No human cases have been reported.Russia’s top government epidemiologist, Gennady Onischenko, warned that migrating birds could spread avian flu to Russia’s major agricultural region and on to the Middle East and Mediterranean Sea this fall.”An analysis of bird migration routes has shown that the contagious A (H5N1) virus may spread from western Siberia to the Caspian and Black Sea areas this fall,” said Onischenko, as quoted by an RIA Novosti report today. “Some birds nesting in the affected regions (the Novosibirsk and Altai territory) migrate to the above-mentioned areas for winter or stop there on their way to Africa or Europe.”He added that bird migration routes run through Azerbaijan, Iran, Iraq, Georgia, Ukraine, and Mediterranean countries, raising a risk of outbreaks there as well, according to the story. Onischenko made the statements in a letter to regional directors of the Federal Service for the Oversight of Consumer Protection and Welfare.Russia’s Agriculture Ministry said all sick and infected birds in Chelyabinsk were being destroyed, and Russian media reported that roads leading to the affected village were cordoned off in an effort to contain the outbreak, according to Reuters.A Russian agricultural official said the Chelyabinsk outbreak is near a lake that borders the Kurgan region and Kazakhstan, where other avian flu outbreaks have been reported recently, according to the Mosnews.com report.Meanwhile, a Russian journalist named Maria Pashkova, who was hospitalized after visiting an area affected by avian flu, has been tested for the illness, according to an RIA Novosti report today. Results of the test are expected later this week.Mosnews.com reported that Pashkova had already recovered from her illness. Four other Russians were hospitalized with suspected avian flu recently, but all four tested negative, the RIA Novosti story said.last_img read more

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DFID move provokes Whitehall property row

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

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Long-term residents have listed their fifth Paradise Waters house adorned with marble floors

first_img102 Commodore Drive Paradise Waters“There was never a need to rebuild or change much because of the timeless design.” High ceilings with elegant finishes and granite kitchen benchtops add a touch of luxury to each room while private courtyards and create an indoor-outdoor feel. 102 Commodore Drive Paradise WatersTHERE must be something in the water at Paradise Waters because homeowners Cynthia and Peter Ray just keep buying back. The long-term residents who moved to Paradise Waters in 1992, have lived in five different houses in the area and are now putting their elegant mansion on the market after buying it more than a decade ago. 102 Commodore Drive Paradise WatersThe five-bedroom home at 102 Commodore Drive comes complete with a grand porte-cochere entrance surrounded by manicured gardens. Mrs Ray said the couple were drawn to the property for its size and space and said it was unlike anything she had lived in previously. 102 Commodore Drive Paradise Waters“Our previous homes in the street didn’t have space for gardens but this house offers a lot of garden space in the front yard.” The couple said the home was a perfect fit and didn’t need many changes when they first moved in.“We did put in a sheltered outdoor entertaining area because there was no undercover area at all,” Mrs Ray said.center_img 102 Commodore Drive Paradise Waters“There are always lovely breezes that flow through the house,” Mrs Ray said.“Everyone really gravitates to the kitchen because there are water views either side of the room of the pool and the canal.” The 915sq m block includes a boatshed and jetty which overlooks a sandy 25 metre water frontage. 102 Commodore Drive Paradise WatersMore from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North8 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago“It feels like there are acres of marble in this home,” she said.“It has a very elegant feel about it and it’s not ultra-modern. “The library room is carpeted and is really cosy even though it’s a very spacious room.“We do get a lot of guests and friends commenting on the space.last_img read more

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IBM Germany pension fund makes first foray into private equity

first_imgIBM Germany is preparing to diversify its pension portfolios by making its first foray into in senior secured loans and private equity.Speaking at the recent Handelsblatt conference in Berlin, Hans Dieter Ohlrogge, chairman at the company’s Pensionskasse and Pensionsfonds, said the former could not have considered private equity sooner due to the regulatory uncertainty for insurance-based vehicles surrounding the implementation of the Alternative Investment Fund Managers (AIFM) Directive.“But now we know we do not need complicated structures to invest in this asset class, we can start choosing managers and decide on which segment to invest in,” he said.Amendments to the new investment rules – applicable to insurers, Pensionskassen and Versorgungswerke – clarify which funds qualify for investments in private equity, direct lending or real estate. Any closed AIF or similar vehicle domiciled within the EEA or OECD with a sufficient license can be used to invest in private equity up to a limit of 15% of the total portfolio.Ohlrogge said it was important for the Pensionskasse to “really understand the products and their mechanics” offered in any asset class.“This has so far not been really the case for private equity, and we do not like managers that play their cards close to their chests,” he said.Ohlrogge said the pension fund would “like to do buyouts” but that this market was “more or less emptied out”.He said the scheme was therefore looking into venture capital, adding that, “in any case, if possible, we would also like to include secondaries”.For the initial planning process, IBM Germany enlisted the support of its US-based parent company, which has  invested in private equity for last 25 years.Ohlrogge also noted that the pension funds of IBM’s Dutch and UK subsidiaries invested in private equity in recent years and “have generally had good experiences”.But he acknowledged that, for the IBM Germany scheme, co-investments with the parent company or other subsidiaries would be “impossible”, as UK and US asset managers found it “difficult to guarantee tax transparency in those vehicles”.Additionally, IBM Germany used a consultant to come up with a long-list of possible managers, but Ohlrogge said he and his team wanted to do the final beauty contest themselves, “as we do in other alternative asset classes with face-to-face meetings”.Overall, Ohlrogge said he liked real assets because “yields are lastingly higher than from securitised debt”.However, the Pensionskasse is not invested in real estate because “too many others are looking into top locations, especially large insurers”.As a next step, he wants to look for further bond surrogates in the alternatives space and diversify more of the portfolio out of Germany.In the equity portfolio, Ohlrogge said he was “very content” with the overlay the Pensionskasse has had in place for more than four years now.He said this overlay was necessary, as “you cannot have a sufficient real-asset allocation without a risk overlay” in an equity portfolio.He confirmed that the overlay had cost the Pensionskasse 100 basis points of return in 2012 when markets were volatile, but he added that it gained the scheme the same amount a year later when markets were more stable.“Overlays cost money and cut off performance at the top, but, if you know that and calculate that in, it can protect you from massive losses and outperform in stable markets,” Ohlrogge said.For more on the changes in the new investment directive, particularly for real estate and infrastructure, click herelast_img read more

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