| TEXT-Fitch release on Eni Spa
Fitch notes that the project is likely to benefit from a strengthening of relationships and the sharing of greater responsibilities with its host country. State intervention in the oil and gas sector has become more frequent in the current high oil price environment, especially in countries where economies rely heavily on royalties and /or taxes and dividends from oil and gas companies. Although the agreement may have a financial impact on the Kashagan project economics, it is difficult to assess the magnitude of it at this stage as the compensation payment structure is linked to oil prices at the start of commercial operations. Additionally, the project was originally conceived in a much lower oil price environment, so any adjustments to the project economics may well be compensated for by a higher price environment.
Gadgets Scientists Devise Brighter LEDs via Nano-imprint Lithography
The LED, or Light Emitting Diode, has been around since the late 60's but only over the last few years have LEDs made headway into commercial mainstream use. Some new vehicles now use LED's in headlights and taillights. The benefits of this are brighter light and much improved life span for the bulbs. Some stop lights also use LEDs to combat against the hazard of a stop light burning out. Of more interest to technophiles is the advent of LEDs for use as backlighting in our notebook computers, such as the recently announced Dell Latitude XT tablet PC, and other personal electronic devices. LEDs promise less power consumption in out notebooks thereby increasing battery life. LEDs are also slowly making their way into our flat panel TVs such as the Samsung 31-inch OLED panel DailyTech reported on last week.
New Tech fan blog: 'Shake and Bake' cooking up great future with ...
JASON JONES: It was about this time last year that Derek Dooley arrived on campus and had to basically start from scratch to put together a recruiting class. To top things off, he had about six weeks to get the job done. This year, thanks to hours and hours of work, Dooley and his staff are sitting in a much better position. Coach Dooley has commitments from 12 high school athletes. In addition, junior college standout Kwame Jordan, a 6-5 defensive end, signed in December. Jordan had offers from Marshall and Troy, but it's his former high school teammate that might be his biggest contribution. John Ehret end Eric Harper switched his commitment from Nebraska to Tech when he visited in December along with Jordan, his former teammate. Other big names pledged to the Dawgs are Bastrop athlete Bud Patterson and Mississippi prep quarterback Bret Jefcoat.
TEXT-Fitch release on Eni Spa
Fitch notes that the project is likely to benefit from a strengthening of relationships and the sharing of greater responsibilities with its host country. State intervention in the oil and gas sector has become more frequent in the current high oil price environment, especially in countries where economies rely heavily on royalties and /or taxes and dividends from oil and gas companies. Although the agreement may have a financial impact on the Kashagan project economics, it is difficult to assess the magnitude of it at this stage as the compensation payment structure is linked to oil prices at the start of commercial operations. Additionally, the project was originally conceived in a much lower oil price environment, so any adjustments to the project economics may well be compensated for by a higher price environment.
Granholm backs Cobo expansion
She said the proposed 120,000 square-foot expansion shows the region is fighting other states to retain the North American International Auto Show, an economic juggernaut held at Cobo that generates almost $600 million a year for the local economy. "We must have it stay in the city from here on out," Granholm said. "We will fight to keep it." The plan faces legislative hurdles, tax extensions and approval of several financial transactions in order to work. Barring roadblocks, construction could be finished and Cobo ready for the 2011 auto show, Assistant Wayne County Executive Matthew Schenk said. The one key player missing from Thursday's unveiling was long-time skeptic L. Brooks Patterson, the Oakland County executive who has offered rival expansion plans and questioned expenses and tax spending.
Filed under: AuburnFootball
It's about 30 minutes before kick off of the Chick Fil A Bowl where Auburn will be taking on the talented Clemson Tigers. I wanted to give my quick thoughts on why I believe Auburn will win this game. 1. While Clemson has a very strong running game, Auburn has faced the tandem of McFadden & Felix Jones when they played Arkansas earlier in the season & they virtually shut down the Hogs excellent rushing attack. I don't believe the Clemson RB's to be superior to those two so I think that will be a big factor in Auburn's favor. 2. The "mystery" spread option attack. While AU certainly has not had time to install the full package due to the limited amount of practice time allowed since they hired new OC Tony Franklin, I think this unknown element will cause some defensive problems for Clemson.
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