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Premium Content Could Iraq Really Become OPEC’s Largest Oil Producer? By Simon Watkins - Apr 21, 2021, 7:00 PM CDT Iraq’s Oil Minister, Ihsan Abdul-Jabbar, announced last week that the country plans to increase its oil production capacity to 8 million barrels per day (bpd) by 2029, compared to current production of around 3.8 million bpd that factors in OPEC-mandated cuts. Based on its vast oil resources there is no insurmountable reason why this output level should not be attained by that time or indeed even the 9 million bpd or 11 million bpd that were posited by the Interna...

Published April 15, 2021, 5:30 AM DITO Telecommunity Corporation (DITO) just broke ground for its first Data Center, “expected to generate thousands of jobs”, at Udenna Land, Inc. (ULI)’s Clark Global City (CGC). Designed after Google’s campus-style headquarters, the master-planned development in CGC is “a critical component to sustain DITO’s commercial operations center”, according to DITO PMO Lead Benedicto Lacsamana. Photo shows (from left) Mr. Luo Bo, Vice GM GEDI Philippines, Mr. Jian Zhimin, President, NEPC Power Construction Corp., Retired PBGen. Manuel R. Gaerlan, Pres...

To embed, copy and paste the code into your website or blog: In a previous post, we addressed blanket additional insured endorsements and the role they play in passing insurance obligations downstream. In short, the purpose of a “blanket” endorsement is to grant additional insured status to any company as required in a written contract with the named insured. This obligation often begins in the prime contract where the owner requires additional insured status on the general contractor’s insurance. However, the general contractor typically attempts to pass this obligation downstream to i...

Send Clockwise from top left: Fort Smith Northside's new entrance and competition gym, Fort Smith Southside's freshman center and its competition gym. (Glen Gilley) Since December, construction totaling more than $225 million has been completed on some of the largest K-12 projects in Arkansas. Work on elementary, middle and high school campuses totaling millions of dollars more is ongoing across the state. “That’s been a big part of our work portfolio as of late,” said Doug ...

By ROMAN USCHAK Credits: Roman Uschak April 1, 2021 at 9:00 AM BRIDGEWATER, NJ - Bridgewater Township is forging ahead on funding local road and sewer projects this spring, plus two sets of building demolitions, while also keeping an eye out for winter weather should it somehow rear its head again. The town council unanimously approved several resolutions at its March 18 meeting. The first was to increase road salt invoices, to a maximum of $145,000. Township administrator Michael Pappas said the measure is fully funded, and that the cold weather had caused the municipality to utilize more ...