PREMIUM‘We have many tanks to fill’: Indonesia to make the most out of globally low oil prices
Forgot Password ? oil-price pertamina fuel-import energy-and-mineral-resources-ministry SKKMigas fuel-price state-budget trade-deficit Sri-Mulyani-Indrawati Indonesia aims to make the most out of falling global crude oil prices by fulfilling domestic oil demand without swelling the country’s gaping and growing trade deficit.The Energy and Mineral Resources (ESDM) Ministry acting oil and gas director general Ego Syahrial said on Monday that the government expected Indonesia’s top oil company, state-owned Pertamina, to “buy as much oil as it can,” preferably under long-term purchasing contracts, while global prices are flat out at a four year low.“Oil prices have plunged, we should enjoy it,” he told reporters in Jakarta, “We have many tanks to fill.”Read also: Indonesia aims to double gas production by 2030 with major projects in pipelineOil imports, which reached US$1.18 billion in January, up 19.9 percent from the same month last year, are a main contributor to Indonesia’… Facebook LOG INDon’t have an account? Register here Topics : Linkedin Google Log in with your social account
At least 43 bodies have been recovered after a massive landslide triggered by monsoon rains swept away dozens of tea estate workers in southwestern India, police said Sunday.The landslide in Idukki district, around 250 kilometers from Kerala state’s capital Thiruvananthapuram, occurred Friday but the ongoing search and rescue efforts have been hampered by torrential downpours.The toll rose to 43 on Sunday afternoon, Idukki district’s police chief, R. Karuppasamy, told AFP. Twenty-six of the bodies were recovered on Friday night, a police official said earlier Sunday. Local media reported that some 78 people were believed to live in the area, with many still missing.Kerala has been hit by deadly floods during the annual monsoon.At least 18 people died in a passenger jet crash in Kerala on Friday when an Air India Express jet overshot the runway while trying to land in a storm and plunged down a bank.The monsoon across South Asia is critical to replenishing rivers and groundwater, but also causes widespread death and destruction.More than 300 people have died in floods and landslides in eastern and northeastern India, Bangladesh and Nepal in recent weeks. Topics :
Jokowi will inspect a food estate in Central Kalimantan, examining rice cultivation, fish cages and duck farms located in Pandih Batu district. In the afternoon, the President will head to Pulang Pisau regency to distribute initial working capital aid to small and medium enterprises (SMEs).“The President is indeed concerned about national food security because as the FAO [UN Food and Agriculture Organization] has warned, there is a risk of food scarcity because of the pandemic. The President wants to directly observe the progress of the food estate,” Bey said.Read also: Students, workers take to streets to protest jobs lawIn Kalimantan, Jokowi addressed only issues of food security. He made no statement about the nationwide protests.Netizens responded to Jokowi’s working visit with the Twitter hashtag #JokowiKabur (Jokowi Runs Away), which trended on the platform.In Greater Jakarta, demonstrations against the controversial Job Creation Law have been ongoing since Tuesday, following the passage of the law on Monday –earlier than originally planned.Students and workers plan to stage protests in front of the House of Representatives compound and in Pandang Istana Park, located across from Merdeka Palace. (syk)Topics : The Presidential Secretariat has denied claims that President Joko “Jokowi” Widodo’s working visit to Central Kalimantan on Thursday was an effort to avoid mass protests against the newly passed and highly controversial Job Creation Law set to take place in front of the Presidential Palace.Bey Machmudin, the secretariat’s deputy for protocol, press and the media, said Jokowi’s trip to Kalimantan had been planned for a long time.“The presidential agenda for the food estate has been scheduled in advance. So it has absolutely nothing to do with the demonstrations,” Bey told reporters on Wednesday, as quoted by tempo.co.
The Pension Protection Fund (PPF) has produced a shortlist of potential providers of various specialist investment advisory services, according to a mandate award notice on the EU tender website. The board of the UK lifeboat scheme said it was looking to set up a panel of specialist investment advisers who could be “engaged on short notice” to advise on one or more areas. The PPF’s shortlist includes the following asset managers and consultants: Allianz Global Investors Europe, Altius Associates, Aon Hewitt, Bfinance UK, Cambridge Associates, Cardano Risk Management, CBRE Indirect Investment Services, Goldman Sachs Asset Management, Inalytics, KPMG, Mercer, Redington, Russell Investments, State Street Bank and Trust, StephStone Group Europe and Towers Watson.According to the framework agreement, the areas of advice would include asset overlays, asset rebalancing, collateral management, derivatives, hedging, illiquid assets, responsible investment, stock lending, structured products, transition management and the “development and management” of the PPF’s investment approach. They also include liability-driven investment management, strategic asset allocation and tactical asset allocation, as well as other areas such as fund-manager due diligence, analysis of co-investment/direct opportunities, manager monitoring, research and selection in new/existing asset classes and operational reviews.
Eleven councils across South Australia have been granted a total of $2.2 million this year to help protect and conserve the state’s coastline, including from the impacts of climate change, Ian Hunter, Minister for Sustainability, Environment and Conservation said in its latest release.South Australia already has a number of policies and systems in place for coastal management, as climate change impacts such sea level rise and coastal erosion will continue to be a challenge to the state.To help mitigate these changes, the Coast Protection Board’s annual grants program has funded $328,000 to regional and metropolitan councils.This includes:$60,000 to the City of Port Augusta for construction of a section of levee bank to deliver Port Augusta’s sea flood protection strategy;$60,000 to the City of Port Adelaide for construction of a section of levee bank at Birkenhead to provide sea flood protection at Port Adelaide;$58,000 to the District Council of Mount Remarkable for upgrading of a levee at Port Germein that was damaged by storms in 2016;$50,000 to the City of Onkaparinga for a cliff stabilization study at Aldinga Beach;$30,000 to the City of Victor Harbor for erosion control works at Encounter Bay;$20,000 to the City of Whyalla for beach replenishment to maintain storm erosion buffers and beach amenity;$20,000 to the Robe District Council for replenishment of Town Beach to maintain erosion protection for the town;$15,000 to the Wattle Range District Council for a coastal erosion study at Post Office Rock, Beachport;$15,000 to the Yorke Peninsula Council for detailed design of flood protection works at Port Clinton.Earlier this year the State Budget announced extra Coast Protection Board funding of $1.85 million to assist two council’s with seawall projects. This includes:$1.25 million to the City of Charles Sturt to support the reconstruction of the West Beach seawall;$600,000 to the Kingston District Council to construct a new seawall at Wyomi Beach.BackgroundThe Coast Protection Board was established by the Coast Protection Act 1972 and is the prescribed body in South Australia managing coast protection issues and providing advice on coastal development.The board provides grant funding to councils to help address – via development or research – erosion and flooding hazards along South Australia’s coasts.The State Government has also invested $23 million to establish the Adelaide’s Living Beaches sand pumping system, and spends approximately $6 million a year to manage Adelaide’s beaches between Kingston Park and Semaphore.
The UK’s Port of Blyth has completed the installation of the Vestas V47 turbine at its Bates terminal which will be used for offshore energy training.At the end of October, the Port of Blyth announced that it will install the bespoke wind turbine training facility as part of a GBP 1 million investment in training provision aimed at the offshore energy sector.The investment enabled the UK East coast port to purchase, modify and install the Vestas V47 turbine, develop a dedicated training facility alongside the turbine and purchase specialist equipment.The turbine features a duplicate nacelle unit for safer use with trainees while the original nacelle is located at ground level for technical training.The facility will offer the opportunity for realistic training in relation to working at height, rope access, blade repair and inspection techniques, advanced rescue and emergency response simulation.
Gary Q. Campbell loving husband to the late Joyce Campbell, father to Andrew and Matthew Campbell, cherished step-father to Steve, Larry, Dan, and Shari, dear brother to Joanne Mummert, Janet Thomas, and Denise Long, loved by five grandchildren and nine great-grandchildren. Gary passed away February 9, 2016 at the age of 71. Graveside service will be Saturday, February 20th at 11:30 am at Oak Hill Cemetery (11200 Princeton Pike Cincinnati, Ohio 45246). Arrangements have been entrusted to Gwen Mooney Funeral Home. www.springgrove.org.Gary Campbell was a member of Sunman American Legion Post 337. A willing helper in the kitchen at bingo and for various other events held at the American Legion. He will be missed, and it was his request to have a memorial service at the post. He will be cremated and the memorial service will start at the Sunman American Legion Post 337 at 9:00 AM on Saturday, February 20, 2016. The service is open to the public.The Legion service will be at 10:00. Burial will be at 11:30 in Cincinnati.
ELLSWORTH — With half of their regular season campaigns behind them, the Ellsworth baseball and softball teams are sitting pretty.The Eagles improved to 7-0 in baseball and 6-1 in softball with victories over George Stevens Academy and Foxcroft last week and three wins in two days Monday and Tuesday. Few games were close during that span, in which the two Ellsworth teams combined to outscore opponents 122-11.The baseball team posted a pair of 11-1 wins over GSA and Foxcroft last week before earning three days of rest Friday, Saturday and Sunday. The Eagles then beat Washington Academy 15-0 on Monday before beating Presque Isle (1-5) 10-0 and 6-0 in a doubleheader Tuesday.Conner Wagstaff improved to 3-0 on the season with wins against GSA (10 strikeouts, three walks one earned run and one hit allowed) and in Game 1 against Presque Isle (14 strikeouts, one walk and one hit allowed). Jackson Curtis earned wins against Foxcroft and in Game 2 against Presque Isle, and Matt Burnett earned the win against Washington Academy.This is placeholder textThis is placeholder textIn softball, Ellsworth followed a 16-0 win over GSA last Wednesday with a 7-3 win over previously unbeaten Foxcroft a day later. The Eagles then thumped Washington Academy 21-0 on Monday before sweeping Presque Isle 13-1 and 12-5.After winning her first two varsity starts aganst GSA and Foxcroft, freshman Tyler Hellum tossed a no-hitter Monday against Washington Academy. Hellum made it four wins in as many games in Game 1 against Presque Isle before sophomore Sara Shea homered to highlight the Game 2 victory over the Wildcats (2-4).Both Ellsworth teams are scheduled to face Belfast at 4 p.m. Thursday, May 9, in Waldo County. The Eagles will then host Mount Desert Island at 4:30 p.m. Monday, May 13.
New Delhi: The 15-man Indian cricket team squad for the ICC Cricket World Cup 2019 was selected at the BCCI headquarters in Mumbai. It was anticipated that there would not be too many surprises in the team. When the dust settled, there were a few surprises but 90 percent of the squad selected was on expected lines. Ambati Rayudu, who was touted as India’s solution to the No.4 issue in the middle order, suffered a dip in form at the wrong time and was replaced by KL Rahul. However, the biggest talking point to emerge from the selection meeting was the omission of Rishabh Pant, who was playing regularly for India in the last six months from the World Cup squad as the back-up keeper to MS Dhoni with Dinesh Karthik getting the nod.The move to omit Pant has raised some questions. Former India skipper Sunil Gavaskar was surprised at his omission, stating, “A bit surprised, looking at his (Pant’s) form. He was batting exceptionally well, not only in the IPL but before that also. He was showing great improvement in his wicket-keeping as well. He brings that left-handed option in the top-six which is very handy against the bowlers.” Michael Vaughan, former England captain, termed the move to omit Pant as ‘bonkers’. However, the comment from the chief of selectors MSK Prasad is interesting. “We felt either DK or Pant will only come into the playing eleven if Mahi is injured. So that at juncture if it is a crucial match, a quarterfinal or a semifinal, keeping also matters. The situation that was discussed by the selection committees, one of them will play in the XI provided MS in injured. So under such situations, in crunch matches who is the best guy to handle the pressure, so that is the reason, it went in favour of Karthik,” Prasad said. highlights Keeping woesPrasad’s statement, if looked at hindsight, effectively sealed Pant’s fate during the fourth ODI against Australia in Mohali. With Australia in pursuit of 359, Pant missed a couple of stumping chances and also tried a run-out chance MS Dhoni style which was badly botched. When the pressure increased, Pant fumbled and conceded plenty of runs behind the wicket. There were a total of 12 extras from byes and leg byes alone. To compound his woes, Pant badly misjudged a review which went against India and they lost the review. Australia rode on the momentum and secured the highest successful chase by a visiting team in India.The criticism leveled at Pant following the Mohali ODI was immense. During the match, there were chants of ‘Dhoni, Dhoni, Dhoni’ which further demoralised him. Although support for Pant was immense, the crucial blunders made by Pant during the pressure situation in Mohali probably played a major part in his omission.Confusing prioritiesKarthik played in the ODIs in Australia and New Zealand. Pant played in three ODIs in New Zealand. Karthik was not even selected for the Australia ODIs at home while Pant played in two ODIs and had moderate success with the bat but struggled behind the wickets. In that period, Pant was elevated to Grade A in the BCCI Central Contracts while Karthik remained in Grade C. Pant was the first-choice keeper in Tests and he responded in grand style by hammering centuries in England and Australia. He also took a record 11 catches as keeper in a single match in Adelaide and ended with 20 dismissals in the entire series, the most by an Indian keeper. Karthik made a comeback after eight years to the Test side but failed in England.With the selectors playing musical chairs on Pant and Karthik, one figures what was the thinking in leaving out Karthik for the home games against Australia. It also raises the question on whether Pant was given too little opportunities and whether Karthik has been given a raw deal considering he too was rotated in and out of the ODI squad.Handling pressure, ICC experiencePrasad pointed out that in a crucial match, keeping and ability to handle pressure was crucial. The ability to finish games in case MS Dhoni is rested or is injured also comes to play. Pant potentially botched his chance during the first Twenty20 International in Brisbane where he played a rash shot and India lost by four runs at the start of the series. Karthik also did himself no favours when he was heavily criticised for not giving Krunal Pandya the strike during the series-deciding Twenty20 in Hamilton against New Zealand.What might have tilted the scales towards Karthik was his finishing and big-tournament experience. Karthik has been part of the 2007 World T20 and also played a part in the 2013 ICC Champions Trophy held in England. However, the way how Karthik finished the game during the final of the Nidahas Trophy, in which he blasted 29 runs and gave India a win over Bangladesh by hitting a last-ball six, probably sealed his place due to the knock in Colombo in March 2018.Karthik’s experience in ICC events and his keeping, considered more efficient than Pant, swung it in his favour. Pant’s omission will hurt the youngster badly, but he will get a chance in an Indian cricket team scenario post-Dhoni and after the 2019 World Cup. The dashing left-hander will be determined to set his sights on the 2020 World T20 which will be held in Australia.DISCLAIMER: The opinions expressed by the author in this article are personal. News Nation does not purport to reflect the opinions or views of the organisation or its members. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. India will begin their World Cup campaign against South Africa on June 5.Dinesh Karthik has been part of the 2007 World T20 and 2013 Champions Trophy.Dinesh Karthik is currently leading Kolkata Knight Riders in IPL 2019.