Design Team:José Manuel Sanz Sanz, Jaime Sanz Haro, Giulia Cosentino, Nadia VasilevaEngineering:Jesús Verdugo Sanz (Estructuras) Metrión (Instalaciones)Collaborators:Juan Antonio Santuy (Dirección de EjecuciónClients:Antonio and RaquelCity:ColmenarejoCountry:SpainMore SpecsLess SpecsSave this picture!© Imagen SubliminalRecommended ProductsBlinds / Mosquito Nets / CurtainsBANDALUXConcealed Blind System – One-BoxPatio FurnitureCaneplex DesignUmbrellas – CocopalmWindowsKalwall®Facades – Window ReplacementsDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemText description provided by the architects. Traditional houses, with their constructive simplicity achievable by local artisans, have thick walls and small openings. The simple prismatic geometry contributes to the preservation of heat generated by fireplaces and braziers in winter, and to the coolness of spaces in semi-shadow in summer. As a consequence, there is a somehow excessive introversion and a certain lack of light in these interiors. Save this picture!© Imagen SubliminalSave this picture!PlanSave this picture!© Imagen SubliminalTherefore, taking advantage of contemporary technology, the project focused on opening the house to the outside, generating visual relationships with the surrounding patios and gardens, and enhancing the entry of more natural light and cross ventilation. The original openings of the house have been extended to ground level, favouring both the entry of light and the visual communication between inside and outside through the continuity –which is very important– of ground plane level. Save this picture!© Imagen SubliminalThe project thus emerges from the pre-existence; from a collective memory expressed through the material and through the construction. Located in the town of Colmenarejo, in the foothills of the Sierra de Guadarrama near Madrid, the refurbished house designed for a friend couple had to adapt to a very different reality, preserving the heart of a home, based in the dialogue between the old and the new. Transformed into a space with a single bedroom, an attic recovered from the former garret, and a new annexed pavilion to be used as an office and a guest area, the house was conceived through a process of a selective erasure: a process in which the subtraction was more important than the addition. Save this picture!© Imagen SubliminalSave this picture!© Imagen SubliminalSave this picture!© Imagen SubliminalThe materialization of this idea had to take place through a rigorous differentiation between the old and the new. The traditional granite from the Sierra de Madrid was set off in contrast with the white cast-in-place concrete; the latter standing for an eloquent sign of what in the house belongs to our time. In contrast to this robustness, the more fragile filter and privacy elements were made of natural bamboo slats.Save this picture!© Imagen SubliminalSave this picture!© Imagen SubliminalUpon completion, the once isolated construction of the house is now a building reconciled with is surrounding; a house with a fresh look on its garden, but also on the on the nearby landscape: a patio house. Save this picture!© Imagen SubliminalSave this picture!© Imagen SubliminalProject gallerySee allShow lessSan House / amaia arana arkitekturaSelected ProjectsTreetop Hotel Løvtag Denmark / Sigurd LarsenSelected Projects Share Architects: Sanz Arquitectos Year Completion year of this architecture project Houses Spain CopyAbout this officeSanz ArquitectosOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentExtensionOn FacebookSpainPublished on December 24, 2020Cite: “OMA House / Sanz Arquitectos” [Casa OMA / Sanz Arquitectos] 24 Dec 2020. ArchDaily. Accessed 10 Jun 2021.
Public Safety Pasadena Police Release Community Brief Summarizing Law Enforcement Activity in February Published on Monday, March 8, 2021 | 5:25 pm 23 recommended0 commentsShareShareTweetSharePin it Your email address will not be published. Required fields are marked * Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena More Cool Stuff Community News Name (required) Mail (required) (not be published) Website Community News This information provides a greater awareness to the Pasadena community. The critical events detailed below are merely a snapshot of the calls received to the Police Communications Center every day. As we begin the New Year, your police department strives to better serve the Pasadena community. Under Police Chief John Perez, the principles of the “Pasadena Way” will forever have a lasting impact on all employees who serve in the organization, as we continue to police with compassion and best intentions.Total Calls for Service for February 2021: 8,246 (YTD: 16,638)9-1-1 Calls for February 2021: 4,441 (YTD: 9,228)Total calls received by Police Dispatch Center: 17,491 (YTD: 36,464)De-Escalation Techniques Used During Calls: 168 times (YTD: 282)******************************************February 2021 Collected / Seized Firearms: 22 (YTD: 51)Pistols – 21 (YTD: 44)Rifles /Assault Rifles – 1 (YTD: 6)Shotguns – 0 (YTD: 1)February 1, 2021 at 7:05pm: Pasadena officers responded to the report of a disturbance call at an apartment complex in the 500 block of N. Raymond Ave. The Police Department’s helicopter was first to arrive on scene and observed a group of individuals to the rear of the complex. One of the individuals in the group was observed concealing an item in some nearby shrubbery. Ground units subsequently detained individuals from the group and a search of the bushes where the aircrew saw the suspect conceal the item, resulted in the recovery of a firearm. Another individual from the group was stopped a short time later and he was also found to be in possession of a handgun.February 2, 2021 at 5:53pm: Officers stopped a vehicle for a traffic violation in the area of Fair Oaks Ave. and Howard St. During the stop, officers discovered the driver did not have a driver’s license in his possession and they noticed a strong odor of marijuana emanating from the vehicle. The driver admitted to having marijuana, resulting in the search of the vehicle. A firearm with a high capacity magazine was located and recovered from inside the passenger compartment. The passenger was arrested for possession of a loaded firearm.February 3, 2021 at 5:40pm: Officers responded to a business in the 800 block of N. Lake Ave. regarding an armed robbery. Employees confronted a patron for not wearing a face covering while inside the business, resulting in an argument. During the confrontation, the suspect removed and pointed a firearm at the business employees. Fearing they would be shot, the employees backed away from the suspect who eventually fled after stealing items.February 3, 2021 at 7:53pm: Officers were dispatched to a strong-armed robbery that had occurred in the 1200 block of N. Lake Ave. The victim was sitting at a bus stop when the suspect sat next to her. The suspect followed the victim onto the bus and when the victim exited, the suspect confronted her and robbed her of her cash.February 5, 2021 at 1:56pm: Officers responded to the report of a suspicious male seen loitering in the area of Arden St. and Oak Knoll Ave. Officers arrived, immediately recognized the subject from previous contacts and arrests, and were aware the subject acts violently towards police officers. While attempting to detain the subject, he tried punching an officer. A struggle ensued and eventually, officers were able to detain him. The suspect is known to suffer from mental illness.February 6, 2021 at 11:41am: Officers responded to the area of Fair Oaks Ave. and Washington Blvd. regarding an accident involving a horse drawn carriage during a funeral procession. The driver was injured and the carriage had turned onto its side. Officers, paramedics and members of the public assisted in righting the carriage and injured driver, who had sustained multiple injuries to his legs. He was transported to a local hospital and the horse’s owner responded to take possession of the uninjured equine.February 6, 2021 at 9:52pm: Officers conducted a stop of a vehicle for traffic violations on Fair Oaks Ave. and Claremont St. During their contact with the driver, officers detected an odor of marijuana coming from the vehicle. Furthermore, marijuana was clearly visible to the officers. The occupant was asked to exit the vehicle and a search was conducted. Inside the car, officers located and seized a loaded handgun and narcotics.February 8, 2021 at 2:30am: Officers responded to the 100 block of E. Orange Grove Blvd. regarding a male who had been shot. Officers located the male and determined he had sustained a graze wound to the right side of his head and ear. The victim was transported to the hospital with non-life threatening injuries. The victim stated a vehicle pulled up in front of him and shot at him. The victim was uncooperative in providing further details regarding the incident.February 11, 2021 at 6:39pm: Officers responded to reports of a pedestrian who had been struck by a vehicle while crossing Washington Blvd. at Hudson Ave. Despite life saving measures, the victim succumbed to his injuries at the scene. Members of Pasadena Police Major Accident Investigations Team (M.A.I.T) responded for the investigation. The driver remained on scene and was fully cooperative with investigators.February 12, 2021 at 9:02pm: Patrons from a business located in the 700 block of E. Colorado Blvd. returned to their locked bikes after completing their shopping. The victims noticed two suspects using a hammer in an attempt to break the locks. When confronted by the victim, one suspect began swinging the hammer in a threatening manner. The suspects fled with the bikes. A short time later, officers located one suspect with one of the stolen bicycles. He was taken into custody and the bike was recovered. The other suspect and bike were not immediately located.February 13, 2021 at 8:57am: Pasadena Police Department received a call of an assault that occurred in the 1000 block of N. Fair Oaks Ave. During an altercation between the suspect and victim, the victim was struck with a baseball-sized rock, which had been thrown by the suspect. When officers arrived, the suspect was arrested for assault with a deadly weapon.February 13, 2021 at 11:02am: Officers responded to the 100 block of N. Lake Ave. for a report of a transient trespassing on the property. When officers arrived, they located the described individual who was in possession of narcotic paraphernalia and was likely suffering from a narcotic induced, psychotic episode. As officers attempted to restrain the suspect, she became violent causing minor injuries to officers. Ultimately, officers were able to take her into custody and she was arrested.February 13, 2021 at 6:00pm: Officers responded to the 1900 block of N. Fair Oaks Ave. regarding a shooting. The victims had recently left a nearby business and as they drove away, their vehicle was followed and their driving path was blocked by another vehicle. Once stopped, multiple occupants exited the suspect vehicle and as the victims attempted to escape, the suspects fired multiple rounds at the victims. The victims were not injured.February 14, 2021 at 3:00pm: Officers responded to the area of Parke St. and Garfield Ave. after reports of gunshots were heard in the area. Officers arrived on scene and found a 10-year-old victim with gunshot wounds. The child was transported to a local hospital in critical condition. Detectives responded to the scene to assume the investigative lead into this incident. The 10-year-old child required multiple surgeries as a result of the shooting, but is expected to survive.February 16, 2021 at 8:26pm: Officers responded to a shots fired call in the area of Esther St. and Raymond Ave. The victim was inside his vehicle when he heard gunfire and saw an unknown suspect shooting towards him. The victim immediately made a U-turn and drove away from the area. His vehicle was struck but he was not injured. Evidence of the shooting was located and the investigation is ongoing.February 19, 2021 at 10:14am: Officers observed a subject exit his vehicle and urinate in public. Officers detained the suspect and determined he was on active parole. A parole search of the vehicle revealed the suspect to be in possession of a loaded handgun. Because he had previously been convicted of felony and he was on parole, possessing a firearm is both a violation of his parole conditions and a violation of the law. The suspect was arrested and transported to the Pasadena jail.February 19, 2021 at 6:46pm: Pasadena officers attempted to stop a vehicle in the 400 block Of N. Lake Ave. for a vehicle code violation. The driver of the vehicle failed to stop and a vehicle pursuit ensued. The pursuit concluded in the City of North Hollywood where the suspect complied with officers and he was eventually taken into custody. The suspect, who was on active parole, was determined to be under the influence of narcotics and evidence of narcotics were located in the vehicle. The suspect was arrested and transported to the Pasadena City jail.February 19, 2021 at 8:14pm: Pasadena Police Department received reports of gunshots in the area of Fair Oaks Ave. and Howard St. Officers responded to find evidence of a shooting in the 1400 block of N. Raymond Ave. Officers canvassed the neighborhood but found no victims or additional suspect information. Detectives are conducting further follow-up.February 20, 2021 at 6:30pm: Pasadena Officers responded to reports of shots heard in the area of Altadena Blvd. and Mountain St. Officers found evidence of a shooting and witnesses provided a description of two vehicles seen leaving the area at a high rate of speed. No victims or suspects were located. Detectives are conducting further follow-up into this incident.February 21, 2021 at 2:26am: Officers were dispatched to a business in the 500 block of N. Lake Ave. for a subject who was reported to have rammed his vehicle through the property’s perimeter fence. Officers arrived, found the subject hiding in a rear parking lot, and discovered he had donned body armor and a helmet. Additionally, the subject was in possession of a bow and arrows and a large axe when contacted by officers. Fortunately, officers were able to safely take the obviously altered suspect into custody. In addition to the damage he caused to the business property, he was found to be possession of narcotics. Neither the suspect nor officers were injured during this incident.February 21, 2021 at 8:06am: Officers were dispatched to a hotel in the 100 block of N. Fair Oaks Ave. regarding an assault to the business’ security officer. During their investigation, officers learned the security personnel had been called to investigate a transient in the hotel’s parking structure who was acting strangely. When the security officer contacted the suspicious individual, the suspect became combative towards the hotel employee and began throwing a large rock and other items at the victim. The security officer was not struck and did not sustain any injuries as a result of the assault. The suspect fled the location prior to officers’ arrival.February 21, 2021 at 5:50pm: Officers responded to the area of Craig Ave. and Colorado Blvd. on the report of shots heard in the area. Upon arrival, officers found evidence of a shooting in the 100 block of S. Craig Ave. There were no victims or suspects located.February 23, 2021 at 10:44pm: Pasadena Police Department received a call of an armed robbery that had occurred in the 2100 block of E. Del Mar Blvd. The victims had been walking in the area when two suspect approached them. Only one suspect was armed with a handgun however, both suspects demanded the victim’s property. After providing the suspects with several personal items, the suspects fled on foot. The victims were not injured.February 24, 2021 at 6:38am: Officers responded to a hotel in the 100 block of S. Los Robles Ave. regarding a female who was believed to be overdosing in her guest room. When officers arrived, they found an unresponsive female lying on the bed as well as narcotics and narcotic paraphernalia strewn throughout the hotel room. Officers immediately recognized the female was likely suffering from an apparent overdose and began lifesaving measures. Paramedics arrived and assumed these efforts. The female recovered and was transported to a local hospital for additional medical treatment.February 25, 2021 at 3:41pm: Officers located a reported stolen vehicle and stopped the driver in the 800 block of N. Oakland Ave. Three subjects occupied the vehicle and all three were taken into custody without incident. A search of the recovered vehicle resulted in the discovery of a replica handgun and narcotics. All three suspects were arrested for multiple violations and the vehicle was returned to the registered owner.February 26, 2021 at 11:09am: Officers conducted a traffic stop in the area of Fair Oaks Ave. and Tremont St. The driver of the vehicle (and solo occupant) was discovered to be on active parole. Because of the driver’s parole conditions, officers conducted a search of the vehicle. A loaded “ghost” gun was located in the vehicle, which is both a violation of the law and his parole. The suspect was arrested without incident and transported to the Pasadena City jail.February 27, 2021 at 2:41pm: Pasadena Officers observed the driver of a vehicle commit numerous vehicle code violations and intended to stop the vehicle. Before they were able to conduct the traffic stop for the violations, the vehicle came to a sudden stop in the 400 block of E. Orange Grove Blvd. The occupants quickly exited the vehicle and walked away. Officers observed narcotics inside the abandoned vehicle and a short time later, the occupants returned to the car at which time it was learned the driver did not have a valid driver’s license. A search of the vehicle led to not only the recovery of the narcotics by officers, but they also discovered a “ghost” gun and a loaded magazine.February 27, 2021 at 7:16pm: Pasadena Officers stopped a vehicle in the area of Foothill Blvd. and Sierra Madre Villa Ave. for a vehicle code violation. Upon contact, the driver became uncooperative with the officers. Ultimately, the suspect admitted to possessing a weapon in the vehicle. The driver agreed to exit the vehicle and a loaded handgun was found on the driver’s seat, directly under the suspect. The suspect was arrested without incident and narcotics were also located inside the vehicle. 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Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save in Daily Dose, Featured, Market Studies, News December 7, 2018 3,387 Views Tagged with: consumers Fannie Mae Home Home Prices Home Sales Homebuyers Homeowners HOUSING Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Fannie Weighs in on Housing Sentiment Related Articles Homebuyers were more optimistic about purchasing real estate in November, according to the latest data from Fannie Mae’s Home Purchase Sentiment Index (HPSI) released on Friday.The index, which reflects consumers’ current views and forward-looking expectations of housing market conditions, inched up slightly to 86.2 in November driven primarily by an increase in the net share of Americans who reported significantly higher income, Fannie Mae said in its report.The net share of Americans who said that now was a good time to buy a home rose 2 percentage points while those who said that it was a good time to sell remained unchanged. One of the big HPSI movers during the month was consumer sentiment on home prices. The net share of consumers surveyed who expected home prices to go up fell 4 percentage points during the month.”The HPSI has moved within a tight range over the past five months, as positive sentiment regarding the overall economy continued to offset cooling housing sentiment,” observed Doug Duncan, SVP and Chief Economist at Fannie Mae. “Meanwhile the net share of consumers expecting home prices to increase over the next 12 months continues to moderate, dropping by 13 percentage points since this time last year.”Despite the current rising rate environment, the survey found that the net share of consumers who said mortgage rates would drop over the next 12 months rose 1 percentage point to -56 percent.Looking at the larger economic indicators, the report indicated that the net share of Americans who said that their household income was significantly higher than it was 12 months ago rose 5 percentage points to 24 percent. “Consumers’ perception of growth in their household income reached a survey high this month, helping to absorb some of the impacts of increasing mortgage rates on housing market activity,” Duncan said.However, job optimism fell slightly, with the net share of Americans who said they were not concerned about jobs falling 1 percentage point to 77 percent.Click here to read the full report. Previous: Fabrizio & Brook Adds New Attorney Next: Strong Seller’s Market Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily About Author: Radhika Ojha consumers Fannie Mae Home Home Prices Home Sales Homebuyers Homeowners HOUSING 2018-12-07 Radhika Ojha Demand Propels Home Prices Upward 2 days ago Print This Post Fannie Weighs in on Housing Sentiment Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago
News UpdatesSC Expresses Anguish On Inaction By BMC Against Unauthorized Construction Made In 1990-93 [Read Order] LIVELAW NEWS NETWORK19 Oct 2020 9:48 PMShare This – xThe Supreme Court expressed its ‘anguish’ against the inaction by Municipal Corporation of Mumbai in acting against unauthorized construction carried out in 1990-1993.Justice Sanjay Kishan Kaul led bench was considering a bail application filed by Ali Akbar Shroff, a Trustee of Bai Kesarbai Dharamshey Khaku Charitable and Religious Trust, against whom FIR was lodged after…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court expressed its ‘anguish’ against the inaction by Municipal Corporation of Mumbai in acting against unauthorized construction carried out in 1990-1993.Justice Sanjay Kishan Kaul led bench was considering a bail application filed by Ali Akbar Shroff, a Trustee of Bai Kesarbai Dharamshey Khaku Charitable and Religious Trust, against whom FIR was lodged after unauthorized portion of the construction of the building owned by the Trust collapsed in July 2019 causing death of about 13 people. Earlier, the Bombay High Court had rejected the bail application of Shroff.”It appears that unauthorized construction was made qua this building, the building already being quite old and that unauthorized construction was also let out. The Municipal Corporation of Mumbai appears to have slept over the matter as no action was taken against the unauthorized construction for years together as this unauthorized construction is of vintage 1990-1993. So much for the functioning of the Corporation.”, the bench, also comprising Justices Dinesh Maheshwari and Hrishikesh Roy remarked in the order.”We may, with anguish, note that different bodies have failed to perform their functions in ensuring action against unauthorized construction resulting in the tragedy. We don’t even know whether any one from these authorities will be made answerable for what has happened and whether the police have booked any of the officers who were responsible for taking action at the relevant stage of time but failed in their duty.”, the court added.Granting him bail, the bench noted that the accused had throughout cooperated with the investigation and was never arrested. He remained in custody for seven months and we really do not understand what prompted the police to arrest him on the date the charge sheet was filed, the bench said.Case: Ali Akbar Shroff vs. State of MaharashtraCoram: Justices Sanjay Kishan Kaul,Dinesh Maheshwari and Hrishikesh RoyCounsel: Sr. Adv Mukul Rohatgi, Sr. Adv Devadatt Kamat, AOR Sachin Patil Click here to Read/Download OrderRead OrderNext Story
TOMPKINS COUNTY, N.Y. — This year, the Tompkins County Veterans Day Parade is celebrating its 100th year.Mark your calendars: the parade will begin at 2 p.m. Sunday, Nov. 3.The route will begin at the corner of North Titus Avenue and Cayuga Street and proceed north along Cayuga Street before it turns west onto West State Street. The parade will stop at the VFW Post 961. Kelsey O’Connor is the managing editor for the Ithaca Voice. Questions? Story tips? Contact her at [email protected] and follow her on Twitter @bykelseyoconnor. More by Kelsey O’Connor Your Arts & Culture news is made possible with support from: Tagged: ithaca, veterans day 2019, veterans day parade Kelsey O’Connor • Related: 40 Photos from Tompkins County’s Annual Veterans Day ParadeThe parade will include various veterans groups, boy scouts and girl scouts, pipe bands, law enforcement and fire companies.After the parade, spectators and participants can enjoy refreshments at the VFW Post 961. For anyone that requires seating, there will be some available outside the Post on West State Street across from the State Diner.Learn more and RSVP at the Facebook event page.Featured image: File photo from 2018 Veterans Day Parade.
Copyright © 2019, ABC Radio. All rights reserved. fdastudillo/iStock(WEST POINT, N.Y.) — A West Point cadet was killed and 21 others were injured when their vehicle overturned in a training accident at the U.S. Military Academy on Thursday morning, according to a West Point spokesman.Among the 22 in the vehicle, there were 19 cadets and two soldiers who were injured, said Lt. Col. Chris Ophardt, a spokesman for the U.S. Military Academy.“They were involved in an LMTV accident that occurred at approximately 6:45 a.m. in the training area off of Route 293,” he said. LMTV stands for Light Medium Tactical Vehicle — a truck used for personnel or equipment transport.Army and local first responders at the scene treated the injured near the Camp Natural Bridge training site which is on U.S. Military Academy property, officials said. The injuries ranged from face abrasions to a broken arm.“The injured have been transported to local hospitals,” said Ophardt. “Details of the incident are under investigation.”The accident occurred as the cadets — who are rising seniors and part of the class of 2020 — were traveling to a land navigation training site during annual summer training at the academy, West Point Superintendent Lt. Gen. Darryl A. Williams said at an afternoon news conference. He called it a “tragic day” for the West Point community and the U.S. Army.During the summer months, West Point cadets train in field exercises common throughout the active duty Army. One of the two Army soldiers on the truck was driving — not a cadet — when the accident occurred, Williams said.The Army will not identify the cadet who was killed until 24 hours after next of kin notification.There are 2,400 cadets currently training at the U.S. Military Academy.President Donald Trump tweeted about the “terrible accident” on Thursday, saying, “We mourn the loss of life and pray for the injured. God Bless them ALL!”“My heart breaks for all those involved in the tragic training accident at West Point this morning,” Gov. Andrew Cuomo, D-N.Y., said in a statement. “These courageous cadets and soldiers represent the best of New York State and our country, and we owe them a debt of gratitude for their bravery in choosing to serve our country and protect our freedoms. This incident is made all the more heart wrenching as we commemorate the 75th anniversary of D-Day today, a day where we remember those who gave their lives for our country.”
Coronavirus has sent oil prices plummetingThe world’s biggest oil producers had already been implementing sweeping supply cuts — agreed in December under the Declaration of Cooperation — in a bid to shore up prices impacted by a global oversupply resulting from rising US shale gas production.As part of the pact, Saudi Arabia had agreed to an additional output decrease of 400,000 bpd — taking the overall adjustment by Opec+ members to 2.1 million bpd.These temporary measures were due to be revisited at the March ministerial meeting of member countries, but the coronavirus outbreak across China — the world’s biggest crude importer — has battered oil markets since January and prompted calls for industry intervention.Falling demand for petroleum in the country, driven by quarantine measures and a general economic slowdown resulting from the spread of the infection, has forced down commodity prices at a significant rate, causing alarm among traders.Brent crude is currently priced as low as $54 per barrel — compared with the near-$70 per barrel mark at the start of the year.Earlier this week, UK oil major BP warned the health crisis could slash global oil demand by between 300,000 bpd and 500,000 bpd — a 40% drop in projected global demand growth. The spread of coronavirus has hit oil markets hard since the start of the year, prompting an Opec+ advisory committee to suggest extending existing supply cuts as well as introducing new ones in the short term Opec+ members will decide on possible measures to stabilise the market at their next meeting in March Opec members and their allies have been advised to extend their oil supply cuts until the end of the year in response to the coronavirus epidemic causing chaos throughout global markets.Existing “voluntary adjustments” — totalling 1.7 million barrels of oil per day (bpd) — agreed by members of both Opec and the wider Opec+ alliance in December had been due to expire in March.The recommendation follows a series of crunch talks in Vienna last week by the group’s Joint Technical Committee (JTC), which advises energy policymakers of the world’s most prolific oil-producing countries. Opec+ advisory panel also recommends additional supply cuts until mid-2020The panel also proposed the introduction of “additional adjustments” to output until the end of the second quarter — although no exact figures for this were given.Last week, it was reported that extra cuts of 600,000 bpd had been discussed behind closed doors, but Russia had been resistant to the idea.The JTC advises the group known as Opec+, the inter-governmental organisation of key oil-producing nations comprising Opec and non-Opec members and ostensibly led by Saudi Arabia and Russia.Algerian energy minister and president of the 2020 Opec conference Mohamed Arkab said: “The coronavirus epidemic is having a negative impact on economic activities, particularly on the transportation, tourism and industry sectors, particularly in China, and also increasingly in the Asian region and gradually in the world.“The situation is clear — it requires corrective action in the interest of all.”A meeting of Opec members and their allies is due to take place in early March, at which final policy decisions are expected to be made.
The Gjøa P1 has been developed as a subsea tie-back to the Gjøa platform. (Credit: Neptune Energy) Neptune Energy and its partners have started gas production from the Gjøa P1 project in the northern part of the Gjøa field in the Norwegian North Sea.Gjøa P1 has been developed as a new subsea template to the Gjøa floating production platform. It is tied back to the Gjøa platform through a 5km long oil pipeline and a 2km gas pipeline.The field is contained in a water depth of 340m.The new producing asset has two well development wells, of which one is oil, while the other is a gas producer.Neptune Energy said that the oil well is slated to begin production later this week.The Gjøa P1 project was taken up for the further development and extension of the Gjøa field in PL153. The recoverable resources from the project are estimated to be 32 million barrels of oil equivalent.The offshore oil and gas project was approved by Norwegian authorities in June 2019.Neptune Energy Norway managing director Odin Estensen said: “This is an important milestone for Neptune and our Gjøa partners and demonstrates our commitment to invest in Norway.“Despite the challenges of the pandemic, we delivered the project on time and on budget. The start-up of Gjøa P1 underlines the Gjøa platform’s position as an important hub, increasing total remaining developed reserves at Gjøa by 30%.”Neptune Energy has an operating stake of 30% in the Gjøa field, which has been in production since 2010. The company’s partners in the offshore Norwegian field include Petoro (30%), Wintershall Norge (20%), OKEA (12%), and DEA Norge (8%).According to Neptune Energy, the Gjøa field can now yield more than 100 million barrel of oil equivalent (boe) more than what was estimated when it was brought on stream.The Gjøa P1 project will further help in maximising the use of hydrocarbon resources in the Gjøa field, said Neptune Energy.The semi-submersible Gjøa production platform is powered through a 100km submarine cable, which carries hydroelectricity from Mongstad.Neptune Energy Norway projects and engineering director Erik Oppedal said: “The P1 development enables us to recover significant quantities of oil and gas from deeper lying reservoirs, as well as to utilise spare production capacity.“This will help lower production costs per barrel, adding significant value to the Gjøa Licence Partners and to Norwegian society.” The oil well of the offshore Norwegian project is slated to begin production later this week
Whitbread said its Costa business saw substantial sales increase driven by new store openings and a strong like-for-like performance, in a trading update this week.The company, which also owns the budget Premier Inn hotel chain, said it had opened 76 UK Costa stores (or a net of 63 if closures were taken into account) this year to date, of which 27 were franchised.This month it opened its 600th UK Costa outlet in Wimbledon, London. Costa’s overseas expansion also continued with 52 new stores opening (42 if closures were taken into account), bringing the total overseas estate to 217 outlets.Alan Parker, chief executive of Whitbread said total sales on continuing operations grew 11.3% over last year, while like-for-like sales rose by 6.6%.Whitbread also owns the Beefeater restaurant chain. It sold its David Lloyd leisure centre business for £925 million in June.The company will announce its interim results on 16 October.