Gasum acquires Linde’s LNG and biogas business in Sweden and Norway

first_img Gasum acquires Linde’s non-core assets in Northern Europe. (Credit: Gasum) Finnish state-owned gas company Gasum has completed the acquisition of selected non-core assets in Northern Europe from Linde.The financial details of the transaction have not been disclosed by the companies.Under the deal, the company has purchased Linde’s Liquefied Natural Gas (LNG) and biogas business in Sweden and Norway as well as Nauticor’s Marine Bunkering business in Germany.The acquisition includes LNG terminals in Sweden and in Norway; bunkering vessels Seagas and Kairos; and 48 gas filling stations in Sweden and Norway.According to Gasum, the transaction is an integral part of its strategy execution to boost growth for cleaner transport solutions across the Nordics.The acquisition to accelerate strategy of Gasum for cleaner transport solutionsGasum CEO Johanna Lamminen said: “We are very pleased about this transaction which is an important step for Gasum when building the Nordic gas ecosystem and responding to  increasing customer demand for low-emission energy solutions.“The acquisition is part of our strategy execution and further strengthens the company’s capacity to offer gas solutions for various customer segments in multiple locations.“The acquisition enables Gasum to supply and to ensure the availability of a competitive, low-emission form of energy to meet the demands of industrial, maritime and road transport customers in the Nordic countries.”The firm said that the acquisition of the assets is expected to strengthen its strategy by developing the Nordic gas market.The deal is also anticipated to speed up Gasum’s growth strategy for cleaner transport solutions in the Nordic heavy-duty vehicle market.Linde Region Europe North business president Jan Ellringmann said: “We are certain that Gasum will be a strong owner that will successfully develop the cleaner energy and maritime bunkering businesses further.”In May last year, Gasum has completed the acquisition of Mäkikylä, a biogas plant in Kouvola, Finland, from water company Kouvolan Vesi. The acquisition includes LNG terminals and 48 gas filling stations in Sweden and Norwaylast_img read more

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ConocoPhillips secures start-up consent for Tor II field offshore Norway

first_imgThe recoverable reserves estimate for the Tor II project is about 10 million standard cubic metres of oil equivalent Illustration of the Tor II oil and gas project in the North Sea. (Credit: Norwegian Petroleum Directorate) ConocoPhillips and its partners have secured approval from Norwegian Petroleum Directorate (NPD) for the startup of Tor II project in the North Sea.Located in the Greater Ekofisk area in the Norwegian North Sea, the Tor II project is a redevelopment of the Tor field.Proven in 1970, the Tor field was commissioned in 1978 and was shut down in 2015 as the installation reached the end of its lifetime.Last year, the licensees secured approval for the Tor II plan for development and operation (PDO) from Norway’s Ministry of Petroleum and Energy.NPD North Sea development and operations assistant director Arvid Østhus said: “Tor is the first field on the Norwegian shelf with a complete redevelopment, receiving consent to start up after having been shut down.“We are satisfied that the licensees have found solutions for even better utilisation of the resources in the Tor field.”The Tor II project comprises two new subsea templates that are planned to be installed on the Tor field and tied into Ekofisk. It involves drilling of eight new production wells.As per the estimates in the PDO, the recoverable reserves of the Tor II project are about 10 million standard cubic metres of oil equivalent (Sm3).Tor II field to start production in fourth quarter of 2020ConocoPhillips is planning to commence production from the Tor II field in the fourth quarter of 2020.Østhus added: “Tor II shows that shut down fields can create significant values if they are redeveloped. We have produced oil and gas on the NCS for nearly 50 years, and the industry has undergone enormous development through this period.“That’s why it’s so great that fields once shut down because they were not profitable can become profitable again today.”ConocoPhillips is the operator of the Tor unit with a stake of 30.66%. Other partners include Total, Vår Energi, Equinor Energy and Petoro.last_img read more

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Corporate battle: Connells claims to lead market for new instructions

first_imgConnells has made the bold claim that its 180-branch network has won the largest share of new instructions within the sales market during the first six months of 2019.The company has published an intriguing graph that appears to compare itself to Countrywide and Purplebricks, placing Connells in No.1 position with over 5% of all new instructions behind Countrywide with 4.5% and Purplebricks with 4%.The claims are made by Connells following its initial results for the year using data provided by Rightmove which, it claims, proves the business is ahead of the group’s “key competitors”. It also claims to be the most profitable national estate agency, generating profits of £26.2 million so far this year. putting Connells on track to equal its full-year profits of £56.9 million for 2018.The company also says it sold 66,000 properties during 2018, more than any other estate agent.“By combining traditional high street estate agency with the best people in the industry and the latest digital technologies, we are delivering both a great service to our customers and an environment for our branch teams to stand out from their competitors,” says Connells Group CEO David Plumtree (left).“Our clear and sustained market leadership shows that this is what the customer values.”The claims made by Connells follow Countrywide’s assertion earlier this week that the PLC has regained its position as No.1 estate agent in the UK by sales market share, rather than instruction.  August 2, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » Corporate battle: Connells claims to lead market for new instructions previous nextAgencies & PeopleCorporate battle: Connells claims to lead market for new instructionsThe agency chain publishes an unusual update to its half-year results, highlighting its claim of dominance of the UK property sales market.Nigel Lewis2nd August 201901,374 Viewslast_img read more

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Prison Doctor, Nurse Must Face Inmate’s Lawsuit

first_imgPrison Doctor, Nurse Must Face Inmate’s LawsuitTwo medical care providers at the Miami Correctional Facility have lost their bid to end an inmate’s Eighth Amendment lawsuit after a district court judge found evidence to reasonably support the inference that the providers were deliberately indifferent to his excruciating foot pain.Judge Jon E. DeGuilio of the U.S. District Court for the Northern District of Indiana on Wednesday denied summary judgment to Dr. Noe Marandet and nurse LeeAnn Ivers in Jeffrey D. Perez v. Noe Marandet, et al., 3:15-cv-496. Perez, who has been incarcerated since 2006, sued the nurse and doctor after alleging they failed to reasonably accommodate his requests for relief from foot pain related to his clubfeet.Perez was provided with canes, crutches, a wheelchair and orthopedic shoes in the years leading to his June 2014 transfer to Miami Correctional Facility, and in April 2013, he underwent surgery that left him in more pain than before. He became wheelchair-bound after the surgery and also lost his orthopedic shoes in the transfer.Within weeks of his arrival at MCF, Perez began complaining to the nursing staff and to Marandet about his foot pain. He requested another meeting with the podiatrist who had performed his surgery, but Marandet initially failed to request the meeting or to prescribe pain medications.The consultation request was eventually submitted after a follow-up meeting in August 2014, but when the request was not fulfilled, Perez filed a formal grievance. While waiting for a response to his grievance, Perez wrote to Ivers, the head of the nursing staff at the correctional facility, asking for an update.Ivers responded by indicating his consultation request was awaiting approval, and the grievance was closed. The nurse then responded to an email from Perez’s ex-wife, telling the woman Perez would be able to see the podiatrist after paperwork was processed “downstate.”Meanwhile, Perez continued to meet with Marandet and members of the nursing staff, claiming that he complained about his foot pain at every visit. Marandet, however, said two of Perez’s visits were exclusively about unrelated medical conditions.A member of the nursing staff eventually secured a new pair of orthopedic shoes for Perez in December 2014, six months after his arrival at MCF. During those months, he reached out to Ivers about his request to meet with a podiatrist at least five times, and she responded at least three times. One of the last times was in January 2015, when Ivers told the inmate his request was no longer being considered because his receipt of the orthopedic shoes was considered the fulfillment of the request. Perez then filed a second grievance, which was denied as untimely.When Perez continued to complain of foot pain, even with the orthopedic shoes, Marandet once again requested a podiatry consultation. The regional medical director, however, proposed an alternative treatment plan consisting of prescription medication to control his pain and possible referral to a long-term pain management plan. As a result, Perez received the prescription meds, but he complained to Ivers that medicine alone would not solve his problems.Ivers once again referred Perez to Marandet, who agreed to put in another consultation request. Perez was then transferred in March 2015 to the Wabash Valley Correctional Facility, where he was approved to meet with a podiatrist and underwent two unsuccessful surgeries and received several new pain medications.In his complaint against the Miami Correctional Facility personnel, Perez argued Ivers and Marandet were deliberately indifferent to his pain, a violation of his Eighth Amendment rights. The medical professionals both moved for summary judgment, but taking the facts in the light most favorable to Perez, DeGuilio said a reasonable jury could agree with the inmate’s argument.“If Perez’s testimony is credited, a reasonable jury could infer that Dr. Marandet’s failure to respond in any meaningful way to Perez’s continued complaints of pain in late 2014 — complaints that he had consistently voiced since he first saw Dr. Marandet in June — constitutes deliberate indifference,” DeGuilio wrote.The judge reached a similar ruling with regard to Ivers, noting that despite evidence in the record to the contrary, she claimed to have no recollection of communicating with Perez after her initial response to his grievance in August 2014.“Again, a reasonable jury could find Nurse Ivers’ alleged inability to recall any of these communications disingenuous,” DeGuilio wrote. “When Nurse Ivers’ failure to take any action despite being aware of Perez’s suffering is considered along with her assertion … that there was no longer a need for the consultation with the podiatrist and her inability to remember any of the numerous communications she had with Perez, a reasonable jury could find that Nurse Ivers was deliberately indifferent to Perez’s pain.”FacebookTwitterCopy LinkEmailSharelast_img read more

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FSA proposes saturated fat targets for savouries

first_imgSavoury snacks, including meat pies and pastries, are the focus of a new consultation by the Food Standards Agency (FSA). Launched this week, it is the second of two consultations on the reduction of saturated fat and calories in foods.The first, which launched in July and closed in November, covered biscuits, cakes, sweet pastries and buns.Among the new recommendations is the reduction of the saturated fat content of pastry, used in pies and pastries by at least 10% by the end of 2012, compared to the highest level in the product during 2008. There is also a recommendation for businesses to develop their own internal targets to reduce the saturated fat content of the fillings of pies and pastries on a case-by-case basis.Both reductions should be accompanied by a calorie reduction unless a technical case can be made that it is not achievable, said the FSA.It is also consulting on recommendations to increase the promotion of reduced/low-fat options. “However, EU regulations will make it harder for companies to make nutrition claims from January 2010 and may prevent them from rising to the FSA’s challenge on marketing,” commented Julian Hunt, director of communications, Food and Drink Federation. The FSA’s consultation closes on 9 March 2010. To download the document go to: tinyurl.com/yas35uflast_img read more

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Lees Foods announces record sales

first_imgLees Foods has achieved record sales in both its Lees of Scotland and The Waverley Bakery businesses, for the six months to June 2010.In its latest trading update the firm revealed group sales were up 9%, to £9.62m, and said demand for its Lees range of products continued to be strong.Lees said it expected pre-tax profits for the first half of 2010 to be significantly ahead of last year’s figure of £394,000.A statement by the firm said: “The company remains cautiously optimistic in respect of the second half of the year and expects that both sales and pre-tax profits will be ahead of market forecasts for the full year.”* Following the disposal of its Patisserie UK business – which went into administration in March 2009 – Lees has more than doubled its pre-tax profits, from £379,000 in 2008 to £843,000 in 2009.>>Lees plans for growth as profits rise>>Lees and Patisserie UK resolve disputelast_img read more

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CSM adds Classic Cakes to its business portfolio

first_imgCSM has acquired Classic Cakes, which produces a range of premium sweet bakery products, servicing the foodservice and retail markets.Based in Daventry, its products include flapjacks, shortbread, traybakes and portioned multi-layer cakes. It has an annual turnover of £9.8m and employs 90 people.“This acquisition strengthens CSM’s leadership position in the market segments that it has targeted for growth, particularly the retail and foodservice channels,” said a CSM company statement. It added that it would also broaden CSM’s manufacturing capabilities, enabling the company to offer customers a wider range of innovative products, while providing capacity for future growth in and outside the UK.It said the purchase showed CSM’s commitment to strengthen its leading position, driving synergies in the supply chain and leveraging global capabilities.Classic Cakes was set up in 1987 and has recently worked on developing gluten-free, Fairtrade and organic products.last_img read more

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Sales up 4% at SSP

first_imgSSP, the global giant behind travel brands such as Upper Crust and Caffè Ritazza, has seen revenue increase by 4% – helped by a strong performance in the UK.The company, in its first annual results since re-listing on the London Stock Exchange, said that, on a constant currency basis, its sales reached £1.8bn for the year ended 30 September.Operating profit increased by 20.8% in the same period at a constant currency, while like-for-like sales improved by 3.3%.Sales performanceSSP said there had also been a strong sales performance in North America and Asia-Pacific.Kate Swann, chief executive of SSP, said: “We made good progress on the implementation of our strategy and are particularly encouraged by the strong growth… we also began to deliver early results from our broad programme of initiatives to drive benefits from our international scale and are encouraged by the opportunities going forward.”SSP said it had a strategy to drive like-for-like sales growth; optimise gross margins; growing profitable new space; running an efficient and effective organisation and optimising investment, utilising best practice.last_img read more

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Greencore to focus on UK after completing US sale

first_imgGreencore Group has this weekend completed the sale of its entire US operation to an affiliate of Hearthside Food Solutions.The US operation, which was bolstered two years ago with the £600m acquisition of Peacock Foods, had proved challenging for Greencore and has impacted profits across the group.Announcing the $1bn (£817m) sale to contract food manufacturer Hearthside last month, Greencore CEO Patrick Coveney said he was confident Greencore could deliver further growth and returns in the UK market.“The proposed transaction would enhance our strategic and financial flexibility, which would allow us to build on our industry-leading position in our core UK market whilst also taking advantage of emerging organic and inorganic growth opportunities,” he stated at the time.Greencore said the deal will enable it to:Extend its position in the growing convenience food marketDeepen its long-term partnerships with customersExecute value-creating initiativesFocus the organisation on UK opportunities with a strong team of leadersDrive sustained growth, returns and cash flow for shareholders.Greencore recently exited the UK desserts sector with the sale of its cakes and desserts business in Hull to Bright Blue Foods and closure of its desserts facility in Evercreech, Somerset.last_img read more

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Blink-182 Releases New Single “Blame It On My Youth” [Listen]

first_imgBlink-182 has shared a new single, “Blame It On My Youth”, marking the band’s first new music since 2016’s California, their first LP with guitarist Matt Skiba. The new track is a reflection of the band’s longstanding career and the youthfulness that remains.The new single is accompanied by a lyric video featuring graffiti artist Risk spraypainting the song’s lyrics on an urban canvas. Watch Blink-182’s new “Blame In On My Youth” lyric video below:Blink-182 – “Blame It On My Youth”[Video: blink-182]The new single comes just days after the surprising announcement that Blink-182 and Lil Wayne will hit the road for their first-ever tour together this summer. The veteran pop-punk band and New Orleans-native rapper announced the dates for their 2019 summer tour, which will include support from Neck Deep when it kicks off on June 27th in Columbus, OH.Tickets for Blink 182 and Lil Wayne’s co-headlining summer tour go on sale this Friday, May 10th, at 12 p.m. local time here.Blink-182 + Lil Wayne 2019 Summer Tour Dates:June 27 – Columbus, OH – Nationwide ArenaJune 29 – Hartford, CT – XFINITY TheatreJuly 1 – Saratoga Springs, NY – Saratoga Performing Arts CenterJuly 3 – Indianapolis, IN – Ruoff Home Mortgage Music CenterJuly 5 – Hershey, PA – Hersheypark StadiumJuly 6 – Burgettstown, PA – KeyBank PavilionJuly 7 – Toronto, ON – Budweiser Stage*July 9 – Holmdel, NJ – P.N.C. Bank Arts Center*July 10 – Mansfield, MA – Xfinity CenterJuly 11 – Bristow, VA – Jiffy Lube LiveJuly 13 – Bangor, ME – Darling’s Waterfront PavilionJuly 16 – Cuyahoga Falls, OH – Blossom Music CenterJuly 17 – Darien Center, NY – Darien Lake AmphitheatreJuly 20 – Virginia Beach, VA – Veterans United Home Loans AmphitheaterJuly 21 – Columbia, MD – Merriweather Post PavilionJuly 23 – Charlotte, NC – PNC Music PavilionJuly 25 – West Palm Beach, FL – Coral Sky AmphitheatreJuly 26 – Tampa, FL – MIDFLORIDA Credit Union AmphitheatreJuly 27 – Atlanta, GA – Cellairis Amphitheatre at LakewoodJuly 29 – Jacksonville, FL – Daily’s PlaceJuly 31 – Houston, TX – Cynthia Woods Mitchell PavilionAugust 1 – Austin, TX – Austin360 AmphitheaterAugust 2 – Dallas, TX – The Dos Equis PavilionAugust 4 – El Paso, TX – Don Haskins Center*August 5 – Phoenix, AZ – Ak-Chin PavilionAugust 7 – San Diego, CA – North Island Credit Union AmphitheatreAugust 8 – Los Angeles, CA – The ForumAugust 27 – Irvine, CA – FivePoint AmphitheatreAugust 30 – Portland, OR – Sunlight Supply AmphitheaterAugust 31 – Seattle, WA – White River AmphitheatreSeptember 2 – Salt Lake City, UT – USANA AmphitheatreSeptember 4 – Denver, CO – Pepsi CenterSeptember 6 – Wichita, KS – Hartman Arena*September 7 – Council Bluffs, IA – Stir Cove*September 8 – Kansas City, MO – Providence Medical Center AmphitheaterSeptember 10 – Detroit, MI DTE – Energy Music TheatreSeptember 14 – St. Louis, MO – Hollywood Casino AmphitheatreSeptember 16 – Cincinnati, OH – Riverbend Music Center* Blink-182 onlyView Tour Dateslast_img read more

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