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Last Updated: November 29, 2019
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Market Watch  

Headline crude prices for the week beginning 25 November 2019 – Brent: US$63/b; WTI: US$58/b

  • Oil prices have been edging upwards recently, but largely staying rangebound as data failed to overcome sentiment and the spectre of the US-China trade war
  • Trade negotiations between the USA and China got a bit more complicated with the US Congress passing a bill supported rights and autonomy in Hong Kong; signed into law by President Donald Trump, the move could jeopardise the probability of a comprehensive trade deal emerging anytime soon
  • Ahead of OPEC’s bi-annual meeting in Vienna next week, the stage has been set for a contentious round; the current OPEC+ supply pact will expire in March 2020, and a decision to either end, extend or expand the deal must be made at the meeting that begins on December 5
  • Eyes will be on Russia, which has failed to adhere to its share of the output cuts as Energy Minister Alexander Novak said that the country was ‘trying to reach the planned level’ but faced challenges in weather and geography
  • Against the backdrop, the US EIA reports that output from the seven major onshore shale formations is expected to rise by 49,000 b/d to a record 9.1 mmb/d, with the Permian hitting 4.73 mmb/d, even as the active rig count drops
  • But in California, the state has halted permits for high-pressure steam flooding following leaks at Chevron’s Cymric field, hampering the industry
  • In the UK, politicking for the upcoming general elections – aimed at providing clarity on Brexit – has led the Labour party to propose a windfall tax on all oil companies and a ‘permanent ban’ on fracking, which could hasten the decline in the UK oil and gas industry
  • The chronic declines in the US active rig count continue, with the total falling again as 3 oil rigs stopped work, bringing the active count down to 803 – or 276 fewer sites year-on-year
  • Nothing but rangebound trading is expected for crude prices, given the number of factors that still up in the air – the outcome of the OPEC December meeting and the continued ping-pong situation in the US-China trade war; Brent and WTI will, therefore, stay trading at US$60-63/b and US$56-59/b respectively


Headlines of the week

Upstream

  • Senegal’s national oil company – PETROSEN – will be launching the country’s first offshore licensing round in January 2020, with 10 exploration blocks in the prolific MSGBC basin on offer to be awarded in July 2020
  • ConocoPhillips has announced a plan to pull back from an over-dependence on US shale, focusing on morphing into a low-growth, high-cash generating company instead of an aggressive shale exploiter to preserve shareholder value
  • Shell will begin drilling its first well in Mexico – the Chibu-1EXP deepwater well within the offshore Campeche basin - by end-2020, as supermajor interest in Mexican upstream begins to translate into concrete E&P activity
  • Strikes at Canadian National Railways has halted shipments of crude-by-rail from Alberta, as the rail company prioritised movement of food goods
  • The heady optimism of Guyanese oil finds has been tempered recently, with ExxonMobil and Hess announcing that oil at the Hammerhead well is heavier than expected, a week after Tullow said the same of its crudes

Midstream/Downstream

  • US refiner HollyFrontier will be building a new biodiesel plant in New Mexico as it attempts to reduce costs by adapting to new US mandates on biofuel that require refiners to blend increasing volumes of bio-feedstocks into gasoil
  • Sinopec is aiming to launch its new 200,000 b/d refinery in Zhanjiang – fed by Kuwaiti crude – in 2Q2020, the third greenfield refinery that will enter operation in China in space of 2 years
  • India has officially launched its largest privatisation drive in a decade, offering the government’s entire stake in BPCL – among other big-ticket items – to private investors, with interest coming from Saudi Aramco and ADNOC
  • As Indonesia makes a push to introduce a new B30 biodiesel mandate nationwide over 2020, the move could display up to 165,000 b/d in volumes away from gasoil towards palm oil feedstock

Natural Gas/LNG

  • Qatar is planning to boost its LNG production capacity to 126 million tpa by 2027 – up by 64% from a current 77 million tons – as it focuses on expanding development in the massive North Field, with work on two new LNG trains with a combined capacity of 16 million tpa having recently started
  • BP has struck new gas in Trinidad & Tobago, with the Ginger exploration well yielding gas flows, extending BP’s success streak in the island nation that includes the recent Savannah and Macademia discoveries
  • The US FERC has approved four new LNG export projects – Exelon Corp’s Annova LNG, NextDecade Corp’s Rio Grande LNG and Texas LNG projects, as well Cheniere’s expansion at Corpus Christi – which would roughly double current US LNG export capacity just as the global market is hitting a glut
  • Novatek is pushing the Russian government to support and finance an LNG transhipment terminal at the Kamchatka Peninsula with capacity for 20 million million tpa to support Novatek’s expanded production in the area
  • After suffering from a severe shortage, Australia’s east coast is now facing the opposite problem, with the current oversupply in global LNG creating a low gas price environment, but supply deficits could kick in again after 2023
  • SKK Migas, Indonesia’s upstream regulator, has set a target to the upstream industry to increase natural gas production by a third to 1 mmboe/d in 2030 from a current 750,000 boe/d, targeting potential from the Masela Block

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Making use of commercial timber pellet mill

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Around us, waste wood, branches, waste wood scraps, bark, branches, waste boards, veneers,  furnishings factory scraps,  assorted wood, etc can be  grated into sawdust,  and also biomass pellet fuel is  generated through the industrial  timber pellet mill The finished product has high  burning efficiency and little harm to the  atmosphere, which can be  claimed to kill two birds with one  rock.

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August, 03 2022
Seven Tips for Online Learning During COVID-19

It is no secret that the COVID-19 epidemic has forced us all to make significant changes in our lives. Remote work has been an option for businesses; K-12 schools have adopted distance learning as a necessity; many college students, who were previously enrolled in on-campus courses, now have to learn online.

While online learning carries many positive benefits that make it the preferred choice for millions of students, it doesn't come without its challenges--especially for students who are more familiar with in-person courses.

Here are seven tips from Jonathan Small (associate vice president for online learning at Regis College), that will help you to adapt your study habits to fully online learning.

Tips for Online Classes1. Take the time to plan ahead and understand when your assignment is due.

Online students interact with the subject matter and complete assignments via learning management software (LMS). Regis offers online classes through Moodle. Other popular tools include Canvas and Blackboard.

It doesn't matter what LMS you use, it is important that you take the time to familiarize yourself with the interface as well as your assignments. Take a look at the due dates for your assignments so you can create a realistic plan to complete them.

Small says that online classes are often structured in modular formats, which is different from face-to-face classes. You don't always have the physical reminder that your work is due in class. Online classes can be very busy, so students must organize their time.

2. Make sure you have enough time to study.

Many students at Regis and other universities pursue their education while also fulfilling other obligations. You have to balance work, childcare, family obligations, and internships.

Small says, "Chunking tasks is a great way for students to feel accomplished." You feel like you are making progress. You can also schedule a time to study, which will help you establish and maintain a routine.

3. Regular communication is essential for group projects.

Many college courses include group projects and assignments that you must compete with others in the class. This is true for both online and in-person courses. Small says that while in-person courses allow for group projects and bring people together face to face, online students must be careful about communicating effectively.

Groups must prioritize communication, regardless of whether it's via Zoom, email or phone call, instant messaging, shared documents, or any other form altogether.

Small says, "Find a system which works for everyone in your group and then follow up often."

4. Split up work groups early.

It is important that groups are able to properly divide tasks so that everyone has a fair share and everyone knows exactly what they have to do.

Small advises that group projects should be planned far in advance so that everyone can share the work and coordinate their efforts. This way, even if something isn’t due for a few more weeks, everyone has the opportunity to use their time and work on their tasks as they can.

5. Keep in touch with your professor frequently.

As important as it is to communicate with your classmates and group members, it's equally important that you communicate with your instructor or professor. Whether you need help with an assignment, or simply want to share your struggles with them, make the effort to contact your professor.

Small says that talking to your instructor is key to success. Small says that you don't have to struggle with your questions and concerns alone. The professor can help. Talking to your instructor for five minutes can help you save days of stress. You will feel better, get more clarity, and be more successful.

You don't have to communicate only when things are going wrong. You can build a rapport with your instructor by letting them know when things are going well.

6. Participate as often as you can

Participation is key to your success, no matter if you are taking classes online or in person. Active participation not only shows your professor you are engaged but also shows you are learning and willing to do the work required to succeed. Participation transforms education from a passive process to one that is active.

Small says that the more you take part as a student the better your experience will be.

7. Flexibility is key.

Flexibility is key to online learning, both for you and your fellow students--and even your professors.

Small says, "Remember that your instructors had only to switch to remote teaching within a weekend. That's the same time it took to transition to online learning."

"This happened by accident. It's possible to restore the campus community by simply being compassionate, active in your course material, and talking to your instructors. This will make the transition smoother.

Put in the Work

Online learning might not be your first choice. However, the tips and advice above will help you make the most of your online courses. Clear and open communication with your classmates and instructors, as well as staying focused on the course material, will be key to your success in this difficult time.

Related article from studentjob.co.uk : http://www.studentjob.co.uk/blog/5757-best-online-exam-help-top-five-websites-you-can-trust 

Related Resources:

Are Online Classes Worth It? 12 Pros & Cons Of Online Learning

Tips to Be Successful in Your Online Classes In 2022

5 Reasons Why Online Learning is the Future of Education

The Impact of Online Classes on Students


August, 02 2022
What is a Satire Essay and How Does It Work?

One of the most popular literary devices or genres is Satire. This genre is especially designed to criticize someone or group of people for their vices, wrongdoings, or shortcomings.


Usually, humor is used to highlight important political and cultural issues in a society. A satire article is a type essay that uses humor, sarcasm, and irony to ridicule a person, situation, or ideology. It pokes fun in an elite and sarcastic fashion at certain people or situations.


How to Write Satire Essays: Writing Tips

How do you write a satire article? It doesn't have to be difficult, even though it seems daunting. However, once you use the following tips, it can be an easy task to write a satire article.


Choose a relevant and original topic

This is why you will need to create a satire essay. Your first step is to pick a satirical essay topic. You may be assigned a topic by your professor or teacher in some instances, but you would need to create your topic.


Decide the topic of your essay. Depending on what you are interested in, you can choose to concentrate on either a political or societal situation.


However, it's a good idea to choose a topic you are already familiar with. This will make it easier to locate facts and evidence to support the views you hold.


Consider your audience

Your essay is the center of attention. You must consider your audience at every stage of the writing process. Your essay should be addressed to college professors or high school students.


Are professionals reading it or are you just a student? It is important to consider your audience and determine the right tone for your essay.


A casual tone is acceptable if your target audience is mostly friends and students. It's best to use a formal tone if your target audience is professionals.


Add humor!

What makes a humorous essay so engaging? It is the topic, or the writer's writing style that makes satire essays so interesting. Humor is the key ingredient to any satire essay. You want your audience to laugh at the absurdity or inanity of a person or situation. Irony, sarcasm or hyperbole are all great ways to accomplish this end.


These devices can be very effective if used in a thoughtful manner.


Be clear about the facts

Because satirical essays often use exaggeration and humor, it is crucial to write an essay that is straightforward. An essay that contains false or misleading information will not be accepted by the court of public opinion.


Therefore, facts should only be stated that are supported by strong evidence. If you want to give credibility, be sure to cite the source of your information after citing figures, theories, opinions, etc.


This would ensure your audience that your essay was credible. Avoid including arguments that you are unable to prove or find evidence.


Use the ELP Format

ELP format is a great tool to ensure that your satire essay will be professional and high-quality. ELP is an acronym that stands for ethos, logos, and pathos.


These three elements make up a large part of an essay and can either help or hinder your work. These elements are important and can be used in your essay.


Ethos informs readers about the topic at hand and their preexisting beliefs. To provide a foundation for readers, Ethos should be used as a tool in the introduction.


Logos give credibility to your work by providing facts and figures for the audience.


As the name implies, pathos will elicit the appropriate emotions and feelings from your audience. You can use this tool to invoke sadness, sympathy, anger or any other emotion.


Be tolerant

It is important to avoid making offensive statements in satire essays, even though they are often filled with irony or sarcasm.


Your audience will likely include people from all walks of life. Therefore, it is important not to make comments that could be considered discriminatory or offensive for a particular section.


The art of discerning the right line between humor and offensiveness is delicate and requires practice. You can ask teachers or colleagues to give you second opinions so that your essay doesn't offend.

Learn more at: https://proessays.net/blog/40-witty-topics-for-a-satirical-essay


July, 25 2022