Developer Equitrans raises cost of contested Mountain Valley Pipeline to $5.8 billion

first_img FacebookTwitterLinkedInEmailPrint分享The Roanoke Times:The Mountain Valley Pipeline has once again pushed its completion date back and the project cost up.Equitrans Midstream Corp., the lead partner in a joint venture of five energy companies that has faced widespread environmental problems while building the natural gas pipeline, made the announcement Tuesday.Rather than completing construction early next year as planned, the company is now targeting a full in-service date “during the second half of 2021,” a news release stated. The cost, which was estimated to be $3.7 billion when construction started in 2018, now stands at between $5.8 billion and $6 billion. The latest increase was attributed largely to the more costly task of continuing construction through the winter, which Mountain Valley plans to do in order to make up time lost to legal challenges.Despite the latest setback, Equitrans chairman and CEO Thomas Karam remained bullish on the project during a conference call to discuss third quarter results with financial analysts. “Our confidence has not changed because of these expected challenges, at all,” he said.Pipeline opponents, however, were encouraged by the latest news. They hope a sustained legal attack will eventually force Mountain Valley to cancel the project — as the Atlantic Coast Pipeline did in July — and help turn the tide to renewable energy.Although the project is two years behind schedule, it has far more pipe in the ground than Atlantic Coast did when it decided to fold.[Laurence Hammack]More: Another delay, cost increase for the Mountain Valley Pipeline Developer Equitrans raises cost of contested Mountain Valley Pipeline to $5.8 billionlast_img read more

Police Release Sketch of Man Found Dead in Massapequa

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Nassau County police said a man found dead in Massapequa last week is a homicide victim and released a sketch of the victim in the hopes that someone can help identify him.Investigators determined the victim suffered blunt force trauma and stab wounds, police said. The unidentified man was described as Hispanic, in his late teens to early 20s. He was wearing a dark-colored, three-buttoned American Eagle brand shirt, police said.The body is believed to have been in the woods of Massapequa Preserve for several weeks before the discovery was made near Seaview Avenue and Ocean Avenue at 2:07 p.m. Thursday, authorities added.Homicide Squad detectives are continuing the investigation and ask anyone with information on the discovery to call Crime Stoppers at 1-800-244-TIPS. All callers will remain anonymous.last_img read more

A big voice for a small credit union: Using employees and social media to amplify your brand

first_imgWhat has the highest value at your credit union? I’m guessing it’s not something that’s kept in your vault. Look around. It’s who you see all around you–your co-workers, your employees, your member/owners stopping into your branches every day. These are your best assets. Are you using them to help promote your brand? If you’re not enabling and empowering your employees and happy customers to be your biggest brand advocates, you’re certainly leaving a ton of low-cost opportunity on the table. And your competition (banks, non-traditional financial services, disruptive services) are scooping up what you leave behind and laughing all the way to the…bank!Grabbing the opportunitiesTo give you a better sense of just exactly what opportunities are being missed by small businesses today, take a look at the data from this report:Half of small companies do not even have a website.Ninety percent of small businesses have not optimized their site for mobile.While 78% of consumers’ purchases are influenced by online reviews, 87% of small business owners do not ask their customers for reviews, according to other research we commissioned.The report goes on to supply the following 5 ‘marketing musts’ for small businesses to compete in today’s competitive landscape:Build a website that works well on both desktops and mobile devices.Claim directory listings on sites like Google Maps and Yelp.Secure positive online reviews from customers.Establish a social media presence.Stay engaged with existing customers.While I doubt that any of the above items will come as a surprise to you, it’s time to think about if you’ve made all of these items a priority yet. I would assume you all have a website for your credit union, but is it mobile-friendly? Google changed the game about what happens when your site is not mobile-ready back in April.It’s the last three items on the list above I want to expand on here. It’s no longer just enough to have a social media presence and speak highly about your brand through your brand. People are seeking something much more genuine, and it doesn’t get much more genuine than your members and employees saying how much they value working and doing business with you.Empowering your advocatesAccording to this article about getting employees excited about their work, we are twice as likely to trust someone “just like us” as we are a CEO. Encouraging employees to speak about what they love about their jobs on their personal social media channels will boost your recruitment and retention strategies, create a positive culture of pride about your organization, and show potential members that this is a good place to do business.You can’t force this behavior however, or it will never be genuine, and members and potential customers will see it for the contrived attempt at “being real” and it can work against you. Here are some simple guidelines to follow to set you off in the right direction with employee advocacy on social media:Recognize and engage your “early adopters:” Ask a handful of employees active on social media if they would want to share content about their work in their personal social media feeds. If so, why and if not, why not?Customize your plan: Based on employees’ interest, provide them with easily sharable content about the good you do, the community involvement, helping people, giving back, making a difference. This is what employees are proud of about where they work and will have incentive to share with friends and family on their social media channels.Empower employees and make it fun: give them clear rules of engagement so everyone feels comfortable and safe that they are following protocol and meeting brand/company standards. But be sure to make it fun, too, by showing off all the good things people are saying. Consider adding a monitor in the branches that shows a feed of all your social mentions using tools such as TwitterFall.By making it fun, convenient and safe, you can easily empower your employees, and even your members , to amplify your brand voice and truly use the cooperative advantage—your connection to your community—to the benefit of your organization, and stand out as a better choice against your bigger competition. 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Holly Fearing Holly lives and breathes social media; if you can’t find her IRL, try reaching out on Twitter, LinkedIn, Facebook or Instagram, and you’ll likely get her right away. … Web: Detailslast_img read more

Split-Dalmatia County Tender Named “Maritime Heritage”

first_imgThe Split-Dalmatia County has announced a tender “Maritime Heritage” for financing projects in the field of protection and valorization of maritime heritage in the County in 2019. The subject of the competition is the promotion, protection and revitalization of maritime heritage and the promotion of the project “Maritime is good”. The objectives of the competition are to create an offer of products and experiences based on the tradition of maritime and fisheries, promotion of the project “Maritime is good”, preservation, protection, development and promotion of maritime heritage through tourism valorization on the principles of sustainable tourism and maritime, promotion of scientific achievements and scientific research. maritime affairs and the promotion of the historical and natural value and maritime heritage of the Split-Dalmatia County. It will also strive to promote safe and environmentally sustainable maritime transport and maritime infrastructure, encourage the application of appropriate environmental standards in the protection and valorization of the marine environment, reduce the harmful effects of pollution from maritime facilities, internationally promote centuries of experience in traditional construction of wooden boats and ships. to bring together attractions and stories related to the fishing tradition and thus create a critical mass of attractions to make the theme of fishing attractive to visitors, preserve and revitalize the fishing tradition and educate the local population. The competition lasts until April 26, 2019 and is published on the official website of the County. Associations, local self-government units, local tourist boards, public institutions, companies and crafts registered in the Split-Dalmatia County have the right to apply. Photo: You can download the competition and all selection criteria HERE.last_img read more

CNTB issued a public call for the selection of media and PR agencies for foreign markets

first_imgIn 2020, the CNTB intends to conduct up to 5 advertising campaigns According to the public invitation, the three goals of the marketing plan 2014-2020. : Strengthening the Croatian brand as a tourist destination, attracting an additional number of tourists in the pre-season and post-season and increasing the average daily consumption of realized tourists. The total budget for advertising on the foreign market (includes agency commission and all other costs of the agency related to media leasing) for activities related to the implementation of online and offline marketing activities in 2020, the CNTB provides funds in the total amount of 40.000.000,00, XNUMX kn without VAT. The Croatian National Tourist Board has published public calls for the selection of media and PR agencies, which relate to foreign markets in 2020. Delivery deadline for each category: 26.08.2019. Find out more details in the attachment. Side dish: center_img The public call for media agencies refers to the development of an advertising strategy, the development of media plans and the implementation of activities confirmed in the media plan for 2020. The second public call for the selection of a PR agency relates to the development of an international PR strategy and the adaptation of strategies to the required markets, as well as the design and implementation of a PR strategy for the CNTB in 2020. Source: CNTB / Public call for media agency Selection of a media agency for the development of an advertising strategy and media plan and the implementation of CNTB marketing activities in foreign emitting markets in 2020 with the possibility of extending cooperation in 2021 Selection of a PR agency for the development and implementation of a PR strategy and implementation of international PR activities in the field of media relations, social media and online communication, as well as events and PR projects for the CNTB in 2020 with the possibility of extending cooperation in 2021.last_img read more

The railway pioneers

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Affordability of DB schemes on the up at FTSE 350 companies

first_imgHymans’ figures showed two companies needed more than two years of earnings to cover IAS 19 deficits, including Balfour Beatty – the engineering and construction firm – needing 1,166 days.Some 83% of the FTSE 350 firms could cover deficits with six months of earnings.The security of pension funds, as defined by the size of the IAS 19 deficit in relation to the firm’s market capitalisation, remained stable at 1%, down from 6% in 2009.Hymans said the market capitalisation of the firms with DB outfits stayed around £2.1trn, while earnings increased significantly.“Actual spending on DB pensions has decreased from £16bn (at April 2013) to £15bn (at April 2014),” Hymans Robertson said.In 2014, pension contributions were 25% lower than the firms’ interest payments to service debt and is near 80% lower than dividend payments, Hymans said.Despite the increased affordability of schemes, Hymans Robertson partner Jon Hatchett said companies and schemes should avoid the temptation to storm towards full funding.“It may seem counterintuitive, but racing towards full funding increases risk significantly,” he said.“Slow and steady funding, with limited exposure to investment risk, significantly reduces the possibility of deficits worsening over the next 20 years.“The Pensions Regulator has given the green light to this approach and companies should be strongly considering it,” he added. The affordability of defined benefit (DB) schemes has increased dramatically among the UK’s largest listed companies, with the payoff period for IAS 19 deficits now below 30 days.New research from UK consultancy Hymans Robertson showed the typical FTSE 350 company could now pay off its scheme’s IAS 19 deficit with only 29 days of earnings.This is due to rising earnings with the UK corporate sector, and improved funding levels despite declining bond yields.However, while the average figure for FTSE 350 companies has fallen, the spread among the corporates still raised concern.last_img read more

PPF to implement EU ruling on compensation increase

first_imgLast month the PPF said the ruling was likely to increase its liabilities by 1% at most. At the end of March it had a surplus of more than £6bn.In a statement yesterday the compensation fund said it had begun writing to members to confirm its data, but had also put in place an “interim process” in an attempt to address shortfalls in compensation as soon as possible.“Where we find the PPF compensation is less than 50%, we will increase the headline level of our compensation payments until the total value is at least equal to 50% of their expected pension,” the fund said.“Existing PPF indexation and revaluation rules will apply to this increased headline amount. We anticipate that this will be a one-off change needing no further adjustment.” The UK’s Pension Protection Fund (PPF) has begun work on implementing an EU court judgement that will increase benefits for people affected by its annual benefit cap.Last month the Court of Justice of the European Union ruled that the PPF – which compensates members of defined benefit schemes when their company goes bankrupt – must pay its members at least half of their original benefits.The PPF’s rules impose an annual cap on payments – currently £39,000 (€44,500) for a 65-year-old – which in a small number of cases meant members received less than 50% compensation.The lifeboat scheme said it had begun writing to members expected to be affected by the ruling, but admitted it did not know what the overall cost impact would be.last_img read more

Kanimbla tops socio-economic index among Cairns suburbs

first_img135 McFarlane Drive, Kanimbla.LEAFY, hilly and accessible – Kanimbla has all the attributes of the popular and friendly Far North Queensland suburb it has proven to be for almost three decades. The area was made its own suburb in 1989, excised from neighbouring Manoora and Mooroobool.Named after MV Kanimbla, a passenger liner which had serviced Cairns before going into military service during World War II, the mostly residential area is close to the CBD, being less than 6km to the west, as well as amenities such as parks, shops, medical centres, in the neighbouring suburbs.The population of more than 2600 residents consists mainly of families and the housing stock is dominated by detached dwellings, many of which are part of new estates in the area.Over the next 10 months, Cairns Regional Council is set to invest more in the suburb with a dog park to be built on Robson St in Drainage Reserve.Earlier this year, the Australian Bureau of Statistics socio-economic index, ranked Kanimbla number one among Cairns suburbs, before Redlynch, Brinsmead, Goldsborough, Wrights Creek and Stratford.More from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days agoThe mountainside suburb provides quick and  convenient access to the brilliant views, and brutal cycling or running workouts from Lake Morris Rd.The relatively new suburb is one of only a few in Cairns to have a median house price in excess of $500,000.The Kanimbla Heights residential estate, started in the early 2000s, has to a large extent underpinned the suburb’s growth.Slightly older homes exist for first-home buyers to get their foot in the market but there is also options all the way up to million-dollar homes that command prestigious locations in the hills, with views and bigger blocks of land.Future development is constrained by hill slopes in the northeast and southwest.The green space in the area is mostly allocated to small neighbourhood parks.The population of Kanimbla is mainly second and third-home buyers.last_img read more

InterMoor Executes Well Abandonment Project for Spirit Energy

first_imgInterMoor, an Acteon company, has recently completed a well abandonment campaign in the North Sea and East Irish Sea for Spirit Energy. Following consolidation of the former OIS Ltd decommissioning personnel into InterMoor, the decommissioning team have added four further wells to the 128 they have abandoned for operators in the North Sea since 1996.The campaign for Spirit Energy comprised three suspended subsea wells and one mudline well all requiring environmental cement barrier placement along with well severance & recovery.Planning and engineering works for the project were fast tracked in late summer 2017 with the vessel mobilised late in October to start the offshore phase of the project. All offshore operations were successfully completed as planned and the vessel was demobilised on the 5th of December. InterMoor utilised the Suspended Well Abandonment Tool (SWAT) and the Low Pressure Packer (LPP) from Claxton Engineering Services, a fellow Acteon sister company to abandon the wells.Mike Kearney, Decommissioning Lead, said: “InterMoor were delighted to be able to assist Spirit Energy in completing the final abandonment of these suspended wells having successfully completed a near identical project for Centrica in 2015 as OIS. We continue to push our capabilities further with each project and despite the wells possessing some challenging technical requirements, we were able to set environmental barriers as deep as 2,800 feet below the mudline using our SWAT wiper plug technology. InterMoor is also celebrating the fact that another project has been completed for a client without a Lost Time Incident (LTI), 2017 being the tenth consecutive year without such an incident.”last_img read more