Esso Petroleum secures planning approval from the UK New Forest District Council for the new plant Image: The Fawley Oil Refinery from the Solent Way south of Newtown. Photo: courtesy of Peter Facey/Wikipedia. Fluor is set to proceed with the construction planning of a new diesel hydrotreater and steam methane reforming hydrogen plant, as part of the Esso Fawley Strategy (FAST) Project in the UK for ExxonMobil.The move comes as Esso Petroleum, a UK affiliate of ExxonMobil, has received planning approval from the UK New Forest District Council for the new plant that is planned to be built at the Fawley refinery and petrochemical site near Southampton, England.Fluor, which has provided front-end engineering design, will now be responsible for providing engineering, procurement, fabrication and construction on a reimbursable basis for the FAST project.Fluor to build new diesel hydrotreater and steam methane reforming hydrogen plantUnder the contract, the firm will design and construct the new hydrotreater supported by hydrogen plant as well as provide modifications to existing facilities at the Fawley site.Fluor is undertaking engineering and procurement for the project from its Farnborough office in the UK. Construction on the project is scheduled to commence later this year.Fluor’s Energy & Chemicals business group president Mark Fields said: “Fluor’s global project team has in-depth experience delivering projects for ExxonMobil, particularly at operational sites, and is using this expertise to optimize design and deliver this critical project in a safe, timely and capital efficient manner.“Fluor will use its jointly owned fabrication yard for module construction to provide quality and schedule benefits and minimize disruption to existing operations.”Earlier this year, ExxonMobil made a final investment decision to expand the Fawley refinery to increase the production of ultra-low sulfur diesel.The Fawley refinery is located on Southampton Water, UK, and the $1bn expansion plan aims to increase the production by approximately 45% or 38,000 barrels per day, along with logistics improvements.The refinery expansion is expected to help reduce the need to import diesel into the UK, as the country imported approximately half of its supply in 2017.Additionally, the Fawley refinery site has strategic access to distribution logistics across southern England and export access to other markets in Europe and the Atlantic basin.
“Why is it increasing? Because there was the Chinese New Year [holiday] and tourist arrivals usually increase [during this period],” she added.Read also: Indonesian tourism suffers estimated US$500 million in losses due to COVID-19: Minister LuhutThe statistics agency data showed that the number of Malaysian tourists fell 10.6 percent year-on-year (yoy) to 206,532 arrivals in January, around 16 percent of the total visits, the highest among other countries of origin.Chinese tourists trailed behind Malaysians at 181,281 arrivals, a slight rise of 1.46 percent yoy, a far cry compared with the 73 percent annual growth recorded in January 2019. The novel coronavirus spread, first reported in China, has started to hit Indonesia’s tourism sector as the country has recorded slower growth in tourist arrivals following bans applied to visitors from China.Statistics Indonesia (BPS) revealed on Monday that tourist arrivals amounted to 1.27 million in January, around 5.85 percent higher than the 1.20 million recorded in the same month in 2019. However, the growth is much lower than the around 9.5 percent increase in arrivals during January 2019 compared with the same period in 2018.“The coronavirus impact can only be significantly seen in the last week of [January]. Some countries saw a decline [in tourist arrivals], like China, Malaysia and Singapore, but in total, they still record an increase,” said BPS deputy for statistics distribution and service Yunita Rusanti in Jakarta. Indonesia has closed its borders for those traveling to and from China in a bid to contain the spread of the pneumonia-like illness. President Joko “Jokowi” Widodo announced on Monday morning the first two COVID-19 positive cases on Indonesia’s soil after a Japanese tourist allegedly spread the virus during a visit to Jakarta. The government has announced a stimulus package worth Rp 10.3 trillion (US$742 million) to support the country’s economic growth. The package will include aid for staple goods programs and housing loans and payment subsidies for the bottom 30 percent of people in the income bracket to maintain consumer spending.Consumer spending contributes more than a half of Indonesia’s gross domestic product (GDP).The government will also grant Rp 3.3 trillion to 33 regional authorities to compensate for tax revenue losses from the tax exemptions given to hotels and restaurants for the next six months, give Rp 298.5 billion in incentives to airlines and travel agents to attract foreign tourists to Indonesia and another Rp 443.39 billion in discounts for domestic tourists visiting 10 tourist destinations. Topics : COVID-19 has infected more than 88,000 people in some 60 countries and killed around 3,000 people.Indonesia has set a target of welcoming 17 million tourists this year. Last year, a total of 16.1 million tourists visited the country, a far cry from the 2019 target of 18 million.Read also: Govt to pay Rp 72 billion to influencers to boost tourism amid coronavirus outbreakThe BPS also revealed that passengers on international flights increased by 12.13 percent yoy in January to 1.68 million, higher than the 11.27 percent annual growth recorded in the first month of 2019.Meanwhile, the occupancy rate of star-rated hotels stood at 49.17 percent in January, a decline of 2.3 percentage points compared with the occupancy rate in the same month last year of 51.47 percent.The average length of stay at star-rated hotels was 1.88 days in January, 0.17 days shorter compared with the same month in 2019. Indonesia Tourism Intellectuals Association (ICPI) chairman Azril Azahari cast doubts on the fiscal incentives, adding that he would much rather see the government use the funds to improve the current weaknesses in the tourism sector to prepare for 2021’s arrivals and promote quality rather than quantity in tourism.Read also: Let’s not kid ourselves. Indonesia is unlikely to be COVID-19-free. And that’s not our biggest problem.Indonesia still ranks 80th for security and safety, 98th for tourist service infrastructure, 102nd in health and hygiene and 135th for environmental sustainability, ranking lower than Singapore and Malaysia both in the competitiveness index and the four sub-indexes in the 2019 Travel and Tourism Competitiveness Report published by the World Economic Forum (WEF).”Under such conditions, no matter what [the government] does to promote tourism through low prices, when the public says no, it’s still a no,” Azril said.He also urged the government to remain transparent on the COVID-19 outbreak developments, citing Saudi Arabia’s decision to include Indonesia among 23 countries in a temporary ban on all umrah pilgrims as an example of how foreign countries are increasingly wary of the virus spread in Indonesia.
Chilean port, towage and logistics services provider SAAM unveiled its plans to invest some USD 85 million to reinforce its tug fleet and maintain port equipment and infrastructure.The company added that the investment could also cover inorganic growth opportunities that SAAM is constantly evaluating, according to Óscar Hasbún, SAAM’s chairman.The investment comes on the back of the company’s new operating model, launched last year with an aim to make the organization more flexible, modern and efficient. “These efforts will help us streamline operations and continue expanding to strengthen our leadership in the region,” Hasbún added.SAAM revealed the investment as part of its 2017 financial results. For the year 2017, SAAM reported net income of USD 60.4 million, up 11% from USD 54.5 million in 2016.This figure includes USD 26 million in extraordinary items, mainly from the sale of its minority interest in Tramarsa (Peru).Highlights during the year include increased activity at Terminal Terminals Guayaquil (TPG) and the incorporation of the main port on the Pacific coast of Costa Rica (Puerto Caldera), which helped offset reduced results from the Logistics Division and Chilean port terminals.“In 2017 we concluded a high investment cycle with over USD 500 million in capital expenditures over the last four years, giving us state-of-the-art infrastructure and equipment to continue growing,” Hasbún said.Additionally, SAAM elected a new board which will hold office for the next three years. The board will now consist of Oscar Hasbún, Jean Paul Luksic, Francisco Pérez Mackenna, Francisco Gutiérrez and Diego Bacigalupo. Jorge Gutiérrez and Armando Valdivieso Montes were also elected as independent directors.
Associated Press TEAM LEADERSHIP: Indiana’s Trayce Jackson-Davis has averaged 14.1 points and eight rebounds while Justin Smith has put up 10.8 points and 5.3 rebounds. For the Nittany Lions, Lamar Stevens has averaged 17.5 points and 6.8 rebounds while Mike Watkins has put up 9.9 points, 7.9 rebounds and 2.5 blocks.LIKEABLE LAMAR: Stevens has connected on 27.6 percent of the 76 3-pointers he’s attempted and has made 6 of 17 over his last five games. He’s also made 73.9 percent of his foul shots this season.STREAK STATS: Penn State has won its last four road games, scoring 77.8 points, while allowing 68.3 per game.ASSIST DISTRIBUTION: The Nittany Lions have recently created baskets via assists more often than the Hoosiers. Indiana has 38 assists on 80 field goals (47.5 percent) across its previous three contests while Penn State has assists on 50 of 77 field goals (64.9 percent) during its past three games.DID YOU KNOW: Indiana attempts more free throws per game than any other Big Ten team. The Hoosiers have averaged 23.3 free throws per game this season.___ Indiana looks for home win vs No. 9 Penn State For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.com Share This StoryFacebookTwitteremailPrintLinkedinRedditNo. 9 Penn State (20-6, 10-5) vs. Indiana (17-9, 7-8)Assembly Hall, Bloomington, Indiana; Sunday, 12 p.m. ESTBOTTOM LINE: Indiana looks for its fourth straight win over No. 9 Penn State at Assembly Hall. The last victory for the Nittany Lions at Indiana was a 66-65 win on Feb. 12, 2014. February 21, 2020