UNITED NATIONS: UN Secretary-General Antonio Guterres on Thursday described Gaza as “hell on earth” for children, appealing to Israel for rapid and unhindered aid access and telling the 193-member General Assembly he would launch an appeal for humanitarian funding.
Diplomatic efforts toward a cease-fire in the Gaza war gathered pace on Thursday amid a worsening humanitarian crisis in the Palestinian territory, but fighting between Israel and Palestinian militant group Hamas continued.
The 193-member UN General Assembly met on Thursday to discuss the renewed violence, but no action was expected.
“If there is a hell on earth, it is the lives of children in Gaza today,” said Guterres, adding that he would launch a full humanitarian appeal for funding as soon as possible.
HPCL profit zooms to ₹3,018 crore in Q4
May 20, 2021
MK Surana, CMD, HPCL - The Hindu×
Gross sales were at ₹84,904.75 crore Hindustan Petroleum Corporation Ltd (HPCL) reported a net profit of ₹3,017.96 crore during the January to March quarter, an increase of over 400 per cent from ₹26.80 crore a year ago.
The company’s gross sales for the fourth quarter were at ₹84,904.75 crore (₹71,268.14 crore).
For the full year, HPCL reported a net profit of ₹10,663.88 crore (₹2,637.26 crore).
Gross sales for FY21 were at ₹2,69,242.86 crore (₹2,86,250.27 crore)
HPCL has proposed a final dividend of ₹22.75 per share for FY21.
“Enhanced profitability was a result of robust operational performance, improvement in refinery margins helped by inventory gains and favourable exchange rate variations,” HPCL Chairman and Managing Director, MK Surana, said at a media conference on Thursday.
KBR backing Nigeria’s first ever FLNG facility
May 20, 2021 3:27:pm
Summary
by: Daniel Graeber
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KBR backing Nigeria’s first ever FLNG facility
US-based engineering firm KBR said May 20 it would support the development of the first-ever floating liquified natural gas (FLNG) facility in Nigeria.
KBR said it had received a contract from Nigeria’s UTM Offshore to review the pre-front end engineering design work now underway at Japanese engineering company JGC. KBR did not release the value of the contract.
UTM, in coordination with the Nigerian National Petroleum Corporation, is leading the development of the planned facility. It will be capable of exporting up to 176mn ft³/day (1.8bn m³/yr) of gas.
ROME: In solidarity with the Palestinian people, dockworkers in the Italian port of Livorno refused to load weapons on a cargo ship after discovering that they were headed for Israel.
“We’ve decided to say enough,” Giovanni Ceraolo, coordinator of the Unione Sindacale di Base (USB), an independent trade union organization representing workers in the main commercial port of Tuscany in northern Italy, told Arab News.
“Whenever we know about loading, unloading or passage of armaments in our port, we’ll intervene. We’ll ask the competent authorities to stop the passage of those weapons, especially if they’re bound for places where they’ll certainly be used against civilians, as is happening now in Palestine,” he added. “If those weapons still come, we’ll do whatever we can to refuse loading or unloading them.”
Nigeria's governors have called for a full deregulation of the country's downstream oil sector so that pump price floats with global oil prices, as the West African nation cannot sustain a subsidy regime to keep fuel price stable, they said.