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first_imgAlaska’s Energy Desk | Energy & Mining | Environment | Federal Government | Southcentral | State GovernmentHilcorp ordered to replace gas pipeline with history of leaksApril 9, 2021 by Sabine Poux, Alaska’s Energy Desk – Kenai Share:Cook Inlet oil platforms are visible from shore near Kenai, Alaska. (Photo by Rashah McChesney/Alaska’s Energy Desk)Energy company Hilcorp has been ordered to replace an undersea pipeline in Cook Inlet after it leaked gas last week, for the fifth time in the last several years.In a corrective order dated April 6, the Pipeline and Hazardous Materials Safety Administration told Hilcorp it must temporarily repair the 55-year-old pipeline by April 17, permanently repair it by May 1 and submit a plan for the pipeline’s replacement within 45 days.The last time the pipe leaked, in 2017, Hilcorp didn’t complete repairs for three months, citing danger from ice in the inlet.Sea ice is again a problem.Crystal Smith, an environmental program manager with the Alaska Department of Environmental Conservation, said Hilcorp is waiting for the weather to improve before sending divers down to inspect the pipeline.She said Hilcorp has both temporary and permanent clamps and will determine which will work best. The line is seven miles long, eight inches wide and carries fuel gas, mostly containing methane, to two Hilcorp platforms in Cook Inlet.The leak site, near Nikiski in Cook Inlet. (Graphic courtesy of the Alaska Department of Environmental Conservation)A pipeline administrator said in the order he thinks it’s dangerous to continue to operate the pipeline due to its history of leaks and the its age, plus the fact that the pipeline is under a critical habitat for endangered species, including the Cook Inlet beluga.Smith said DEC has deployed state and federal agencies to provide input on resources that might be at risk.“Hilcorp has actually had folks out there doing wildlife observations,” she said. “They have not seen any impacts to the wildlife at this time.”The leak occurred a mile from one of Hilcorp’s platforms and six miles offshore from Nikiski. It was first reported last Thursday by a helicopter pilot who spotted bubbles on the water’s surface.Hilcorp reported the leak to state and federal authorities an hour later and immediately reduced pressure on the pipeline. When it could not sustain that amount of pressure, it changed course and shut in the line, the order said.Hilcorp estimates the leak initially let out between 75,000 and 150,000 cubic feet of natural gas per day.Authorities still don’t know what caused the leak. But the order gives Hilcorp four months to find out. Before restarting operations there, Hilcorp has to submit a plan to federal regulators.The pipe was built in 1965 and had two reported leaks in 2014, a year before Hilcorp bought it. Leaks occurred again in 2017 and 2019, and all were repaired with clamps, the order said.Hilcorp is known for buying and reinvigorating old infrastructure and is currently Cook Inlet’s biggest oil and gas producer.Share this story:last_img read more

first_imgLufthansa said it was continuing to monitor the situation but it could go ahead with its next scheduled freighter service on Saturday.Ben Guiron Airport is considered to be one of the most secure airports in the world. It is home to CAL Cargo Air Lines and receives freighters from UPS, Lufthansa, FedEx and DHL. ASN The FAA has lifted its ban on flights to Ben Gurion Airport, but there is significant cargo congestion in Tel Aviv. While US airlines looked set to restart operations, the two-to-three day hiatus in flights has caused “chaos” at the airport.“There is a huge backlog of cargo both in Israel and abroad,” reported Elinoar Priden, managing director of forwarder Ordan Cargo, a WCA member. “The FAA ban has caused a lot of problems.The European agency followed its lead, and apart from British Airways and Aeroflot, all the major European carriers stopped flying.“Hopefully all the airlines will now reactivate their original schedule.”She said the situation in Israel was frightening. “At Ordan Cargo we are trying to continue as usual. But the situation here is very tense.”center_img By Alex Lennane 24/07/2014last_img read more

first_img Peak season has hit the transpacific air freight sector, with forwarders reporting increased rates and tight capacity.“The US market is booming, air freight rates have increased and space is tight,” said one Asian forwarder.He said one of the reasons behind the rise in volumes was the threat of a new round of tariffs on Chinese goods, compelling exporters to send goods to the US in advance.The public comment period for the new round of tariffs ended last week and the US government said it was finalising plans to add up to 25% tariffs on $200bn of Chinese goods. Lufthansa Cargo By Alex Lennane 10/09/2018center_img President Trump added that he was also ready to impose levies on a further $267bn of Chinese goods.“Asia to the US is now congested and rates have gone up quite significantly,” said one European forwarder. “Tariffs may be one of the drivers behind it.”He added that the Europe peak season would likely start two weeks later, with one Asian forwarder saying it would hit Asia this week, or week 38.“Once the transpacific market kicks in, Europe follows a couple of weeks later,” said the European forwarder.“If transpacific rates go up to about $4 per kg, carriers will start sucking in US cargo, which then puts pressure on Europe capacity, which is lower yield.“So not only does Europe’s peak tend to come in two or three weeks later than the transpacific, but it is exacerbated by carriers tightening capacity in Europe to carry US traffic, which pushes rates up.”Others said Europe’s air freight peak would not be noticeable until the week before China’s Golden Week holiday, the first week in October.Another European forwarder added: “It’s starting to warm up, but there is no congestion yet. Rates are firming slowly but there is no swing on rates yet, and no delays.”Although several forwarders said they didn’t believe 2018 would see a repeat of 2017’s strong peak season, there remains a nervousness about rates.“Blocked space agreements [BSAs] are roughly 15% more than a year ago,” said one European forwarder. “But we can only pass rates on to our customers if the market is strong. If it isn’t, customers will go elsewhere, or other forwarders will steal our customers.“So far, the market hasn’t quite done what was expected. I don’t think the peak will be as strong.”E-commerce also remains an uncertainty. Last year it appeared to lengthen the peak, with orders coming in as late as December 23, as well as taking up capacity.“E-commerce made a massive contribution to congestion,” said one forwarder. “Up to 30% or 40% of volumes were e-commerce last year. With retail, you need to bring your air freight in by November, so it can go to the distribution centre, be processed, and then go to the store by December. But with e-commerce people are still buying right up until Christmas.“It’s a different model, but e-commerce complements air cargo, and it is also multi-directional.”Another forwarder believed e-commerce was something of an “unknown”, and the success of the peak season would likely be down to consumer confidence.last_img read more

first_imgBiotech FDA approves first-ever RNAi-based therapy Kristoffer Tripplaar/Sipa USA/AP The Food and Drug Administration on Friday approved a landmark rare disease treatment — the first to rely on a Nobel-prize-winning technique known as RNA interference, which silences disease-causing genes.The approval is a major accomplishment for Cambridge, Mass.-based Alnylam, which will be marketing the drug, patisiran, as Onpattro and which has been working to bring an RNAi-based therapy to market for more than a decade.   By Kate Sheridan Aug. 10, 2018 Reprints What is it? Kate Sheridan [email protected] STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. About the Author Reprintscenter_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. General Assignment Reporter Kate covers biotech startups and the venture capital firms that back them. Tags biotechnologydrug developmentpharmaceuticals GET STARTED @sheridan_kate What’s included? Log In | Learn More Unlock this article — plus daily coverage and analysis of the biotech sector — by subscribing to STAT+. First 30 days free. GET STARTEDlast_img read more

first_img Twitter Twitter Council By Siun Lennon – 9th January 2019 RELATED ARTICLESMORE FROM AUTHOR Pinterest Deaths in Laois – Wednesday, January 9, 2019 Community TAGSDeaths in Laois WhatsApp Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Facebook Pinterest Below are the recent deaths in Laois.Ar Dheis De go raibh a anam.Dylan DalyBroomville, Portlaoise, LaoisDylan Daly, 63 Broomville, Portlaoise, Co. Laois. January 7th 2019, peacefully at Portlaoise Regional Hospital. Sadly missed by his Mam and Dad, Joe and Andrea, his sister Macy and his brothers Alex and Ryan, his grandparents Jack and Kathleen, Denis and Geraldine, his cousins, aunts and uncles and all his friends.Reposing at his home 63 Broomville, Portlaoise on Tuesday evening from 4pm until 9pm. Funeral Mass on Wednesday at 12 noon in St. Peter and Paul’s Church, Portlaoise followed by burial in Bealady Cemetery, Rathdowney. Family flowers only by request. Donations can be made to the Kolbe Special School, Portlaoise.Ellen Shortall (née Kiely)Aughamaddock, Stradbally, Laois / Templemore, TipperaryEllen passed away peacefully in the presence of her loving family at Portlaoise General Hospital. In her 91st year, beloved wife of the late Martin. Dearly loved mother to Mary, Sheila, Helen, Bernie, Ann, Andy, Brigid, Tom and Thérèse. Sadly missed by her sons-in-law, daughters-in-law, her 39 grandchildren and her 16 great grandchildren. Deeply missed by her loving brothers, sisters, brothers-in-law, sisters-in-law, nieces, nephews, relatives neighbours and friends. Ellen will repose at her son Andy’s residence in Aughamaddock, Stradbally from 2 pm this Tuesday 8th January, with recital of the Rosary at 8 pm Tuesday evening. Removal from Aughamaddock at 11.20 am on Wednesday morning to arrive at The Sacred Heart Church, Stradbally for 12 noon Requiem Mass, followed by Interment in Oakvale Cemetery. Family flowers only. Donations in lieu to the Irish Heart Foundation.Anthony (Tony) DunneGlendowns, Portlaoise, Laois / Mountmellick, LaoisDunne. Tony, Glendowns, Portlaoise and formerly Lord Edward St., Mountmellick and Camira, Rosenallis. Retired Prison Officer. Peacefully surrounded by his loving family, at the Midlands Regional Hospital, Portlaoise. Deeply regretted by his loving wife Mary, daughters Regina and Tracy, sons Tony, Greg and Damien, sister Josie, nephews, nieces, relatives and friends. Reposing at Keegan’s Funeral Home, Portlaoise on Tuesday evening from 6.30pm with rosary at 8pm. Removal on Wednesday morning to SS Peter and Paul’s Church for 10am Requiem Mass. Interment will follow afterwards in St. Joseph’s Cemetery, Mountmellick.Joseph (Joe) AbbottMannin, Pike of Rushall, LaoisJoseph (Joe) Abbott, Mannin, Pike of Rushall, Mountrath, Co.Laois. Died 5th January 2019 (Peacefully) in the tender loving care of matron and staff of Brookhaven Nursing Home, Ballyragget. Deeply regretted by his brother John, nephews, niece, sister-in-law Enid extended family, relatives and friends. Removal on Monday morning to Annatrim Church, Coolrain, for Funeral Service at 11.0’clock, followed by burial in the adjoining Churchyard. Family flowers only please.Laurence (Larry) CumminsCastlemarket, Attanagh, Laois/Attanagh, KilkennyAt St Luke’s Hospital, Kilkenny. Beloved husband of Kathleen.Deeply regretted by his loving wife, children Noel and Eilish, brothers, sisters, daughter-in-law Siobhan, son-in-law Neddy, brothers-in-law, sisters-in-law, grandchildren, nieces, nephews, relatives, neighbours and his many friends. Reposing at his son Noel’s residence (Castlemarket)(R32C9E8) from 6.00pm on Saturday with Rosary at 8.00pm. Funeral prayers on Sunday evening at 7.00pm folllowed by removal to the Church of the Assumption, Ballyouskill. Requiem Mass on Monday morning at 11.00am followed by burial in the adjoining cemetery.Pauline Horan (née Dunne)The Square, Clonaslee, LaoisPauline Horan, (née Dunne) The Square, Clonaslee, Co. Laois Eircode R32R6F2, died peacefully January 4th at The Regional Hospital, Tullamore surrounded by her loving family. Beloved wife of Tom. Predeceased by her daughter Lorraine (Hogan) and son – in – law Gerry McCarrick. Deeply regretted by her husband and family, Brenda (McCarrick) Dublin, Aideen (Maher) Ballacolla, Claire (Dolan) Tullamore, Gemma (Duggan), Pauline (Fitzgerald), TJ and Cormac, grandchildren, sons-in-law, daughter-in-law, brothers-in-law, sisters-in-law, nieces, nephews, relatives and friends.Reposing at her home from 5pm on Sunday. Recital of The Rosary at 9pm. Funeral arriving for 12 noon Requiem Mass on Monday in St. Manman’s Church, Clonaslee. Burial after in St. Manman’s Cemetery. House Private Monday Morning Please.SEE ALSO – Deaths in Laois – Tuesday, January 8, 2019 Previous articleThree well-known snooker players coming to Laois for exhibitionNext articleLaois soccer player named in Republic of Ireland U-16 squad for upcoming friendlies Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Home Deaths Deaths in Laois – Wednesday, January 9, 2019 Deaths New Arles road opens but disquiet over who was invited to official opening WhatsApp Facebook Community Laois secondary school announces scholarship winners for new academic yearlast_img read more

first_img Pinterest Pinterest Bridget Jones Diary, Sex and the City and Bridesmaids – check out the Girls Night In at The Heritage  GAA WhatsApp Facebook GAA Here are all of Wednesday’s Laois GAA results TAGSHeritage Hotel GAA Twitter Home Sponsored Bridget Jones Diary, Sex and the City and Bridesmaids – check out… Sponsored Previous articleJoe Mallon Motors Car of the Week: 171 Renault Megane from €56 per weekNext articleGlynn thrilled to be back in the thick of it as he puts injury setbacks behind him LaoisToday Reporter WhatsApp By LaoisToday Reporter – 15th October 2019 Is there anything more therapeutic and enjoyable than watching an hilarious movie with pals while enjoying delicious snacks and drinks?Spend some quality time your friends in the luxury of The Heritage in Laois with their special Girls Night In offer, available on selected Fridays in October and November.The Heritage have their own private cinema, where they will be showing favourites including Bridget Jones Diary, Sex and the City and Bridesmaids, while you sit with your friends and enjoy a cocktail, popcorn and lots of good belly laughs!Also included in this package is overnight accommodation, and breakfast the following morning and it costs from just €138 for two people sharing.While you’re there take a dip in the leisure pool at the Health Club or a walk on the 5K Walking Track.Have a chat over a drink in the bar or a delicious dinner in the newly refurbished restaurant.The stunning 7,000 square foot Heritage Spa Experience and world class spa is ideal for anyone looking to unwind, just what you need for a memorable girls getaway.Check out our website for availability and rates or contact us on 057 8645500.SEE ALSO – Check out the Autumn Spa offers in The Heritage Facebook RELATED ARTICLESMORE FROM AUTHOR Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Twitter 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

first_img Electric Picnic apply to Laois County Council for new date for this year’s festival TAGSGraiguecullenGraiguecullen GAASinéad Ní Nualláin Online fundraiser launched in honour of late Laois teacher following sad passing WhatsApp Twitter Pinterest As well as being a much loved teacher, Sinead was also heavily involved in her local GAA club in Graiguecullen.According to Sinead’s brother James, who has set up this fundraiser, Ms Nolan was in the process of setting up another fundraising drive for Graiguecullen.But as her plans were cut sadly short, James is asking people to donate so that the money she would have raised will still make its way to Graiguecullen.He said: “Sinéad Ní Nualláin was a beautiful and fantastic daughter, the most amazing sister, a wonderful Godmother and aunt, a caring and generous niece and cousin, and a gifted teacher.“Our Sinéad lived her life with passion, vigour and enthusiasm.“Her passing leaves an emptiness that will never be filled, but she did leave behind her a fighting spirit like no other, and the example of how to truly devote yourself to an idea and make it become a reality.“Sinéad loved teaching, the Irish language, and all things Graiguecullen GAA.“Her latest plans to fundraise for our club were cut short, lets live by her spirit and example.” By Alan Hartnett – 3rd February 2021 Electric Picnic RELATED ARTICLESMORE FROM AUTHOR Electric Picnic Pinterest Home News Community Online fundraiser launched in honour of late Laois teacher following sad passing NewsCommunity Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Electric Picnic Facebook Twitter WhatsApp An online fundraiser in memory of a Laois woman who passed away suddenly has amassed more than €15,000 in 24 hours.Sinéad Ní Nualláin, of The Vale in Graiguecullen, passed away suddenly on Sunday January 31.Sinead had been a founding member of the Gaelscoil in Athy, where she also served as principal, and had been working in Gaelscoil Phortlaoise up to her sad passing. SEE ALSO – ‘We will miss her friendship, her kindness and unlimited generosity’ – warm tributes following sad passing of Laois teacher Electric Picnic organisers release statement following confirmation of new festival date Previous articleRemember the Game: Knockbeg take scalp of All Ireland champions in 2005Next articleThe Midweek Podcast: Paralympic preparations, financial planning and the Crooked Jacks Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Facebooklast_img read more

Share this article and your comments with peers on social media It says that investors have responded by reducing allocations to commodities and emerging markets and upping allocations to bonds. As a result, a net 29% of global asset allocators are underweight commodities, it reports, up from 11% in March. And, a net 17% of asset allocators remain underweight energy stocks, it adds. Additionally, the proportion of global investors that are overweight emerging market equities has plummeted to a net 3% from 34% in March, it says. And, a net 38% is underweight bonds, down from 50% in April. “May’s fund manager survey demonstrates a clear exit from China and assets connected to China – in the shape of commodities and emerging market equities. But it’s worth noting that investors are keeping faith in global growth,” said Michael Hartnett, chief investment strategist at BofA Merrill Lynch Global Research. Conversely, the firm says that the survey shows fledgling signs of optimism towards Europe. “Global investors are starting to see the eurozone as less of a problem and more of an opportunity,” it notes, adding that the percentage of the panel naming EU sovereigns and banks as number one ‘tail risk’ has dropped to 29% from 42%. And, a net 38% now takes the view that eurozone equities are undervalued, up from 23% in April. Belief in the bull run in Japanese equities also remains strong, it says, noting that allocations to Japanese equities are at their highest since May 2006, with a net 31% of global asset allocators overweight Japanese equities, up from 20% in April. The survey also found that investors want to see companies pay out more cash. A net 27% says that payout ratios (including share buybacks and dividends) are too low, it says; and, 38% say that their preferred use of cash flow would be to return cash to shareholders via buybacks, dividends or acquisitions, 47% would like companies to increase capital spending, only 9% are prioritizing debt repayment. An overall total of 231 panelists, with US$661 billion of assets under management, participated in the survey from May 3 to 9. Keywords Investment strategies,  Institutional investorsCompanies Banc of America Securities-Merrill Lynch Research Related news James Langton Will exuberant market sentiment last? How to talk to clients about GameStop Commodities allocations have dropped to a four-year low, as investors anticipate slower growth in China and prolonged low inflation, according to the latest BofA Merrill Lynch Fund Manager Survey. The survey found that a quarter of respondents say that a hard landing in China and a commodity collapse is their number one ‘tail risk’, up from 18% in April. At the same time, investors see little threat of inflation, it notes, with a net 30% expecting global core inflation to rise over the coming year, down from 45% last month. And, the proportion of investors expecting short-term interest rates to rise is down to a net 14% from 32% in April. Geographical diversification is harder to come by, report says Facebook LinkedIn Twitter read more

first_img Stagflation is U.S. economists’ biggest fear, SIFMA says Craig Wong Related news Facebook LinkedIn Twitter 10380127 - building silhouettes of a city and flag 123RF Keywords Economic forecastsCompanies Bank of Canada “It is because of this strength amid the turmoil that we say Canada is resilient, although not immune,” Lane said, according to a prepared text of his speech.Lane made the comments a day after the Bank of Canada announced it would keep its key interest rate target on hold at 1.75%, where it has been set since October last year.The Bank of Canada has stood out from many of its international peers who have moved to cut rates and loosen monetary policy in response to weakness in the global economy. The U.S. Federal Reserve has cut its rate three times this year.However, Lane said there is no reason for the Bank of Canada to move in step with the U.S. Federal Reserve.“On the contrary, the experience of the past decade shows that Canada and the United States have followed different roads, reflecting differences in our economic conditions,” he said.Lane said the resilience in the economy here at home has allowed the central bank to chart its own course.In making its rate decision Wednesday, the central bank said global recession concerns are waning; however, ongoing trade conflicts and related uncertainty are still weighing on the global economy and remain the biggest source of risk to its outlook.Meanwhile, economic growth in Canada slowed in the third quarter to an annual pace of 1.3%, matching the forecast by the Bank of Canada in its monetary policy report in October, while inflation has remained close to the central bank’s target of 2%.“Overall, the tone of developments in recent weeks gives us more confidence in the outlook for growth and inflation that we set out back in October,” Lane said.The central bank noted business investment spending in Canada, which rose 2.6% in the third quarter, was stronger than expected.“We were expecting investment to decline in the second half of this year, but instead we have seen solid growth. Moreover, data have been revised upward, revealing that investment earlier this year was higher than previously reported,” Lane said. The Canadian economy remains resilient despite the global uncertainty caused by the trade war between the United States and China, a senior Bank of Canada official said Thursday.In a speech to the Ottawa Board of Trade, deputy governor Timothy Lane said inflation in Canada remains on target and a strong job market points to sources of growth. Economy lost 68,000 jobs in May Share this article and your comments with peers on social media OECD raises outlook for Canadian economic growth this yearlast_img read more

first_imgGas investment set to inject millions of dollars into regional Queensland JOINT STATEMENTQueensland’s regional economy is being boosted with a $30 million investment in Yebna North by Australian gas producer Santos and its GLNG partners (Petronas, Total and KOGAS).Premier Annastacia Palaszczuk said the investment would enable production from an undeveloped area in the north east of the existing Fairview coal seam gas field, generating an estimated $22 million in royalties for Queensland.“The $30 million investment will support jobs and business opportunities in the Roma region with Santos already spending $650 million a year with regional Queensland businesses,” the Premier said at the official opening of the Santos community shopfront in Roma.“My Government continues to work closely with the resources industry because we are committed to creating jobs for Queenslanders.”Santos and its GLNG partners are investing around $800 million in Queensland this year, supporting employment for nearly 1200 Queenslanders and providing more opportunities for small and family businesses in the regions.The Premier said since 2015, the State Government has facilitated $21 billion in resources investment, supporting more than 8000 jobs.“Partnering with the private sector to rebuild our economy and create jobs is an important part of our economic recovery plan,” the Premier said.“Regional Queensland is at the heart of my Government’s strategy to rebuild and recover from the COVID-19 pandemic and the resources industry is key to this, supporting thousands of local businesses and around 71,000 Queensland jobs.”Resources Minister Scott Stewart said Queensland continue to lead the way for supplying gas to the east coast market.“Since 2017 the Palaszczuk Government has released 80,000 square kilometres of land for gas exploration and development, with 20,000 for the domestic market only,” Mr Stewart said.“The gas industry continues to be a vital part of the state’s economy and is creating and supporting jobs throughout regional Queensland.”The Yebna North project will connect 13 appraisal wells to the existing Fairview pipeline and power distribution network.Santos Chief Executive Officer and Managing Director Kevin Gallagher said the Palaszczuk Government had been a great supporter of the gas industry and the jobs and investment we create here in Queensland.“We’re very pleased to work with the Queensland Government to continue to explore and develop new gas supplies for both domestic and LNG markets,” Mr Gallagher said.“Queensland continues to lead the way and do the heavy lifting for the east coast gas market in Australia and in doing so, Queensland communities like Roma are benefiting with stronger local economies.”In the 12-months to February 2020, the resources sector earned $47 billion in export revenue, contributing significantly to Queensland’s gross State product.“My Government is committed to securing a robust energy future for Queensland and for Australia,” the Premier said.“We’re supporting jobs for Queenslanders, delivering billions of dollars for our economy.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, community, director, employment, exploration, Government, industry, Investment, Minister, Palaszczuk, pipeline, production, QLD, Queensland, resources, Romalast_img read more