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super ace unli scatter Nigeria’s oil and gas industry witnessed a flurry of business deals such as partnerships, acquisitions, and divestments in 2024. In the upstream sector, the year saw international oil giants like Shell and TotalEnergies relinquish their assets to local players like Seplat Energy and Oando PLC. We also saw ambitious acquisitions and partnership deals involving IOCs and indigenous oil companies. Related Stories TotalEnergies extends Deepsea Mira contract in West Africa for 3 months NNPCL slashes petrol price to N899 in Lagos, N970 in other states – PETROAN While divestments and exits were witnessed mostly in onshore operations, more investments by IOCs were observed in the offshore segment. Experts suggest that the IOCs do not want to deal with local issues such as pipeline vandalism and environmental pollution, while local companies have been hailed for their investment in this area despite the risks. The year also featured significant financial investment decisions and partnerships that would shape the future of Nigeria’s energy industry. Here are some of the major deals in Nigeria’s oil and gas industry in 2024. The Norwegian energy firm, Equinor ASA finalised the sale of its Nigerian assets, a 53.85% ownership in oil and gas lease OML 128, including a 20.21% stake in the Agbami field, to Chappal Energies for up to $1.2 billion. The sale signifies the exit of Equinor Nigeria Energy Company (ENEC) from Nigeria as the parent company said it planned to “deepen further in countries where Equinor can add the most value and build a more focused and robust international portfolio.” The deal, executed through Project Odinmim a special-purpose vehicle owned by Chappal Energies—was finalized this month, after several months of delay by Nigerian regulators. Seplat Energy Plc, listed on both the Nigerian Exchange Limited and the London Stock Exchange, also completed the acquisition of Mobil Producing Nigeria Unlimited MPNU from ExxonMobil Corporation. The acquisition of the onshore asset is expected to double Seplat’s production capacity to approximately 120,000 barrels of oil equivalent per day. The deal valued at $1.2 billion was initiated in February 2022 but delayed by regulatory review until December 2024. In a deal expected to be finalised in the next couple of weeks, TotalEnergies has decided to divest from Nigeria’s onshore operations in favour of a more secure offshore environment by selling its 10% stake in the Shell Petroleum Development Company to an Indigenous company, Chappal Energies. SPDC JV is an onshore subsidiary of oil giant, Shell which has been sold to a consortium of local companies. TotalEnergies Nigeria planned to transfer its 10% interest and all associated rights and obligations in 15 SPDC JV licenses to Chappal Energies. In 2023, production from these licenses accounted for roughly 14,000 barrels of oil equivalent per day for TotalEnergies. Additionally, TotalEnergies EP Nigeria will sell its 10% interest in three other SPDC JV licenses (OML 23, OML 28, and OML 77), which focus on gas production, to Chappal Energies. However, TotalEnergies will retain full economic rights in these gas-producing licenses, which currently provide 40% of the gas supply to Nigeria LNG. This year, Oando Plc completed the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni in a deal worth $783 million. The acquisition was part of another divestment in the oil and gas industry as Eni quits onshore operations in Nigeria for offshore operations. Speaking on NAOC’s acquisition, the Group Chief Executive of Oando PLC, Wale Tinubu, said : “Today’s announcement is the culmination of ten years of hard work, resilience, and an unwavering belief that we would realise our ambition. It is a win, not just for Oando, but for every indigenous energy player as we take our destiny in our hands. “This is a new dawn for the Nigerian energy sector, and we are confident that indigenous companies will play a pivotal role in this next phase of the nation’s upstream evolution. With our assumption of the role of operator, our immediate focus is on optimizing the assets’ immense potential in contributing to our strategic objectives, whilst complementing the nation’s plan to boost production outputs.” Nairametrics recently reported the final investment decision (FID) of Shell Nigeria Exploration and Production Company Limited (SNEPCo) on the Bonga North deep-water project, located off Nigeria’s coast. The $5 billion offshore investment, in which Shell has a 55% stake, is expected to yield approximately 350 million barrels of crude oil. The Bonga North project includes the drilling and completion of 16 wells, modifications to the existing FPSO, and the installation of new subsea infrastructure. This development is expected to maintain oil and gas production at the Bonga facility. Speaking on the investment decision, Shell’s Integrated Gas and Upstream Director, Zoë Yujnovich, said: “This is another significant investment, which will help us to maintain stable liquids production from our advantaged Upstream portfolio.” Two Nigerian companies partner with Saipem to secure a contract on the Bongo North project Weeks after Shell’s FID on the Bongo North project, an Italian multinational oilfield services company in partnership with two Nigerian companies, KOA Oil & Gas and AVEON Offshore, secured a contract valued at approximately $1 billion from SNEPco to work on the oilfield. According to Saipem, the contract covers the Engineering, Procurement, Construction, and Installation (EPCI) of risers, flowlines, subsea umbilicals, and associated subsea structures. The Nigerian National Petroleum Company Limited (NNPCL) and Total Energies also announced a Final Investment Decision (FID) on the Ubeta oilfield (OML 58), in a partnership deal valued at $550 million. Nairametrics reported that this FID involves a commitment of $550 million to extract 900 billion cubic feet of non-associated natural gas from the oil field, situated approximately 85 kilometres from Port Harcourt in Nigeria’s Niger Delta Region. These partnerships, divestments, and investments shaped the oil and gas landscape in the year 2024 and it is expected that the gains and developments therefrom will impact the industry in the coming year President Bola Tinubu has pledged to boost Nigeria’s energy security by improving production and ensuring a conducive climate for private players to thrive.

NoneRFK Jr.'s surprising defense of leaked audio calling the president-elect Hitler and MAGA supporters 'idiots' READ MORE: Sign up for DailyMail.com's daily political email Follow DailyMail.com's politics live blog for all the latest news and updates By GEOFF EARLE, DEPUTY U.S. POLITICAL EDITOR Published: 23:53, 21 November 2024 | Updated: 23:54, 21 November 2024 e-mail 8 View comments Robert F. Kennedy, Jr. is blaming the media for warping his view of Donald Trump , who he is compared unfavorably to Hitler in one respect in shocking newly unearthed audio recordings. The comments came in 2016, when RFK, Jr. described Trump as a grave threat, and around the time when Vice President-elect J.D. Vance called Trump 'America's Hitler,' in a comment he has since retracted. 'Like many Americans, I allowed myself to believe the mainstream media’s distorted, dystopian portrait of President Trump. I no longer hold this belief and now regret having made those statements,' RFK, Jr. said in response to the release of the recordings. The comments that drew the combative statement of regret came in audio recordings from RFK's radio show that were unearthed by CNN . The Hitler comparison came when RFK, Jr. called Trump 'non compus mentis' and said one difference was that 'Hitler was interested in policy.' In one comment, he said that 'every statement that Donald Trump makes is fear-based.' He said Trump, who has been hosting him at Mar-a-Lago since the election and who says he'll nominate him to be secretary of Health and Human Services, encouraged fear of Muslims as well as ' Black people, and particularly the big Black guy Obama, who’s destroying this country, who’s making everybody miserable.' Trump's succesful run for the White House began with falsely questioning Barack Obama's citizenship. Vaccine skeptic RFK, Jr. read a long passage by journalist Matt Taibbi that eviscerated Trump approvingly. Under the influence: ''Like many Americans, I allowed myself to believe the mainstream media’s distorted, dystopian portrait of President Trump,' RFK, Jr. said when confronted with 2016 statements comparing Donald Trump to Hitler 'One of the things that you write so beautifully – and your stuff is so fun to read – but you write about Trump, quote, "The way that you build a truly vicious nationalist movement is to wed a relatively small core of belligerent idiots to a much larger group of opportunists and spineless fellow travelers whose primary function is to turn a blind eye to things,"' Kennedy said. Continuing to quote the author, he said: 'We may not have that many outright Nazis in America, but we have plenty of cowards and bootlickers, and once those fleshy dominoes start tumbling into the Trump camp, the game is up.' Trump embraced RFK., Jr., who first ran as a Democrat and then as an independent and then endorsed Trump. The vaccine skeptic is Trump's choice to run HHS RFK, Jr. blamed the mainstream media in a statement to CNN Then Kennedy added his own Hitler comparison – years before Trump's allies reacted with fury when former White House Chief of Staff James Mattis called Trump 'fascist to the core' and Vice President Kamala Harris and her campaign picked up the comments. 'And, you know, he’s not like Hitler,' Kennedy, Jr. added. 'Hitler had like a plan, you know? Hitler was interested in policy. I don’t think Trump has any of that. He’s like non compos mentis. He’ll get in there and who knows what will happen.' If the Hitler comparison wasn't enough, RFK, Jr. also compared him to 'historical demagogues who rose during times of crisis' like Benito Mussolini. JD Vance Donald Trump Politics Share or comment on this article: RFK Jr.'s surprising defense of leaked audio calling the president-elect Hitler and MAGA supporters 'idiots' e-mail Add comment

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NEW YORK, Dec. 29, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Match Group, Inc. (NASDAQ: MTCH) between May 2, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 24, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Match Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Match Group class action, go to https://rosenlegal.com/submit-form/?case_id=12766 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 24, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder’s monthly active user count would not recover by the time Match Group reported its financial results for the third quarter of 2024; and (2) as a result, defendants’ statements about Match Group’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Match Group class action, go to https://rosenlegal.com/submit-form/?case_id=12766 call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com

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BOULDER, Colo. (AP) — Nyla Harris had 14 points and Jayda Curry scored 10 of her 14 points in the fourth quarter to help No. 24 Louisville get past Colorado 79-71 on Saturday. The Cardinals led 56-55 after three quarters before pulling away in the fourth by scoring 16 unanswered points, capped by a fast-break layup by Curry, before Colorado made its first field goal of the frame with 2:48 left. Colorado scored the next six points to get within single digits at 72-63, but freshman Tajianna Roberts banked in a jumper in the lane at the other end. Izela Arenas sealed it on two free throws with 24.9 seconds left for a nine-point lead. Roberts finished with 13 and Arenas had 11 for Louisville (5-2). Frida Formann scored 25 points for Colorado (6-2). Jade Masogayo added 12 points, Nyamer Diew scored 10 and Kindyll Wetta matched her career-high with 10 assists. Formann went on a personal 8-0 run to give Colorado a 43-37 lead with 7:38 left in the third. She reached 20 points during the run, while no other player had scored in double figures. Louisville plays No. 8 Oklahoma on Wednesday in the SEC/ACC Challenge. Colorado continues a five-game homestand against Tennesse Tech on Tuesday. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP women’s college basketball: https://apnews.com/hub/ap-top-25-womens-college-basketball-poll and https://apnews.com/hub/womens-college-basketball

Inside Coleen Rooney's £20m home with husband Wayne and 4 kids - sprawling bar to 'Disney staircase'EDMONTON — Leaders of the Prairie provinces are urging Canada to act on American concerns over illegal cross-border traffic of people and drugs to stave off the looming threat of 25 per cent tariffs. Alberta Premier Danielle Smith, Saskatchewan Premier Scott Moe, and Manitoba Premier Wab Kinew said Tuesday that Canada must do better to address the concerns of its largest trading partner. Incoming U.S. president Donald Trump promised Monday to impose the tariffs on his first day in office in January. He said he would keep the tariffs in place until Canada and Mexico stop illegal border crossings and prevent drugs such as fentanyl from entering the U.S. Kinew said 25 per cent tariffs would mean a recession for his province and that Canada needs to show the new U.S. administration it's serious about security and tackling the drug crisis. He said it begins with Canada’s pledge to NATO allies to spend two per cent of its gross domestic product on defence by 2032. "First and foremost, (it’s about) hitting that target of two per cent spending on defence,” said Kinew. “That gets us in the game just to be taken seriously as a security partner with the U.S. If we don't do it, it's going to become a trade problem." In a video posted to social media, Alberta's premier said Canada needs to reach its pledged commitment on defence. "If their trade partners are looking to be free riders on American security interests, that's also going to harm the relationship," Smith said, adding, "You also have to take seriously the asylum seekers." Smith added in another post that the incoming Trump administration has "valid concerns related to illegal activities" at the border. The U.S. is Alberta’s largest trading partner, with $188 billion in bilateral trade in 2023. Last year, energy products accounted for more than 80 per cent of that trade, or about $134 billion. Smith said the vast majority of Alberta's energy exports to the U.S. are "delivered through secure and safe pipelines," which "do not in any way contribute to these illegal activities." In Saskatchewan, Moe said he understands Trump’s position on border security. “As Canadians, we can all benefit from additional border security stopping the flow of illegal drugs and migrants across our borders,” he said in a social media post. He said his province plans to use all levers at its disposal to stop the tariffs and will approach the U.S. directly. Moe added the proposed tariffs would hurt Saskatchewan’s export-based economy and drive up prices on both sides of the border. Speaking to CTV early Tuesday, Moe said his government would represent Saskatchewan interests alongside the federal government, fellow premiers "and on our own when necessary." "We have a strong relationship with a number of the administration that President Trump has appointed," Moe said. In 2023, Saskatchewan’s exports to the U.S. amounted to almost $27 billion after hitting a record high of $29 billion in 2022. Its top exports include crude oil, potash and canola. Prime Minister Justin Trudeau has convened an emergency meeting for Wednesday with the country's premiers to discuss the tariffs. This report by The Canadian Press was first published Nov. 26, 2024. — With files from Jeremy Simes in Regina and Brittany Hobson in Winnipeg Lisa Johnson, The Canadian Press

World first: Scientists convert heat into electricity using tungsten disilicideHR Ratings changes Mexico’s rating from stable to negative

GDP, durable goods orders, and jobless claims top Wednesday's economic calendar

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