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France’s Engie pulls out of $7 billion deal to import U.S. LNG

first_img FacebookTwitterLinkedInEmailPrint分享E&E News:A French utility won’t move forward with a $7 billion deal to import liquefied natural gas from Houston-based NextDecade Corp., roughly two weeks after contract negotiations paused over reported concerns about the methane emissions footprint of U.S. natural gas.“ENGIE decided not to pursue commercial discussions with NextDecade on this gas supply project,” the company confirmed to E&E News in an email yesterday. French newspaper Le Monde first reported that Engie SA would not finalize the contract.The canceled deal marks a blow for NextDecade, which is working to secure a final investment decision in 2021 on the planned Rio Grande LNG export project, located in Brownsville, Texas, which seeks to use an “abundant gas supply” from the Permian Basin and Eagle Ford Shale.NextDecade did not respond to a request for comment, but told E&E News earlier this week that the company “is proud of its leadership in environmental and social performance.”Kevin Book, managing director at research firm ClearView Energy Partners LLC, said multiple factors are overlapping, but cited the French government’s “heightened trade-based climate concerns” and European efforts to meter methane — a potent greenhouse gas — as two dominant trends surrounding the deal between Engie and NextDecade.“Today, the bigger effect appears to be the lack of clear signal from the U.S. federal government that U.S. gas is regulated to the standard that Europe can accept, and that France can accept,” Book said yesterday.[Carlos Anchondo and Miranda Willson]More: Backlash over U.S. methane emissions kills LNG export deal France’s Engie pulls out of $7 billion deal to import U.S. LNGlast_img read more

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Pep Guardiola contacts former Arsenal flop as Man City prepare €50m bid

first_imgIsmael Bennacer made just one senior appearance during his time at Arsenal (Picture: Getty)According to RMC, Guardiola has already spoken to the 22-year-old and outlined his vision for the player, who could team up with his compatriot Riyad Mahrez at the Etihad Stadium.Despite failing to make an impact at Arsenal, Bennacer harbours no ill feeling towards his former club and earlier this week credited the likes of Mesut Ozil and Santi Cazorla with having a major impact on his career.‘I arrived in England in July 2015, then stayed in a hotel for the first two months because I didn’t want to live with a family I didn’t know,’ he told La Gazzetta dello Sport magazine Sportweek.‘I was 17 years old and couldn’t live on my own, so my sister came to live with me, then the girl I’d been dating since school who in England would go on to become my wife.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal‘Finally, in September, I got some time on the pitch, but I was thrown on after two other injuries against Sheffield, played wide left in a trident attack, which I had never done before. I felt incredible pressure and wasn’t sure what was going on.‘I never played again after that, but I have no regrets, as I still got to train with important players like Mesut Ozil and Santi Cazorla. I had four years left on the Arsenal contract, but I had to be at a club where they really wanted me.‘I didn’t know Empoli, but I accepted a move down from the Premier League to Serie B because they were the club who wanted me the most. I did the same when deciding on Milan – I chose them for their history too, but also because it was the best project for me.’MORE: Chelsea’s chances of signing Pierre-Emerick Aubameyang from Arsenal rated by Craig BurleyMORE: Ian Wright was late for training ‘every single day’ at Arsenal, claims Tony AdamsAdvertisementAdvertisementFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Pep Guardiola contacts former Arsenal flop as Man City prepare €50m bid Advertisement Man City boss Pep Guardiola is already making plans ahead of this summer’s transfer window (Picture: Getty)Pep Guardiola has contacted Milan midfielder Ismael Bennacer with Manchester City primed to launch a €50million bid. The Algeria international has resurrected his career in Serie after he failed to make the grade during the course of a two-year spell in north London with Arsenal.Indeed, Bennacer made just a solitary senior appearance during a League Cup defeat at Sheffield Wednesday before he was loaned out to Tours by Arsene Wenger. The gifted playmaker subsequently moved to and excelled at Empoli last season and earned himself a move to San Siro where he has enjoyed another reputation enhancing campaign, despite Milan’s struggles.AdvertisementAdvertisementADVERTISEMENTCity are on the brink of surrendering their Premier League title to Liverpool and although their spending power might be limited this summer, Guardiola is already making plans to rebuild a squad capable of challenging Jurgen Klopp’s relentless winning machine. Comment Metro Sport ReporterWednesday 3 Jun 2020 11:30 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.8kShares Advertisementlast_img read more

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USC alumnus gives $10 million donation to Price school

first_imgThe donation renames the USC Department of Real Estate Development, which opened last year, the USC Price Wilbur H. Smith III Department of Real Estate Development. This is the school’s first naming gift of a department.  The money will primarily be used to recruit top faculty members to the department, provide financial aid for students studying real estate and summer funding for faculty research while also expanding professional development opportunities. .  “He has done some pretty visionary projects,” Department of Real Estate Development chair Richard Green said. “He does a wide variety of things in the real estate business. He’s always been generous about sharing what he knows with our students, because he comes back and talks to our students on a regular basis.”  Smith graduated fromPrice  with a master’s degree in real estate development in 1999, and in 2003 founded Greenlaw Partners, a real estate firm based in Southern California. Since then, Smith has remained involved within the USC and Price community by delivering guest lectures at the school and acting as a mentor to graduate students. He is also a member of the executive committee of the USC Lusk Center for Real Estate, the Price Board of Councilors and the Price School Real Estate Advisory Board.  “[We want to] particularly help those [students], for whom USC would be a very expensive place … to help students come here, because one thing that’s very important for us is for people who traditionally have not gotten into the real estate business to get into that business,” Green said.  Wil Smith earned his master’s degree in real estate development at the USC Price School of Public Policy. His gift will go towards scholarships and faculty research, and establishes the USC Price Wilbur H. Smith III Department of Real Estate Development. (Daily Trojan file photo) Wil Smith, a USC alumnus and real estate executive, has donated $10 million to the Sol Price School of Public Policy to fund scholarships, research opportunities and other resources, the University announced Wednesday.  According to Green, the department serves approximately 650 undergraduate and graduate students with majors or minors in real estate development. It also supports a group of researchers studying topics relating to real estate development.  The donation money will be put to use beginning next academic year.last_img read more

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