Shell sells LPG business in Hong Kong and Macau

first_imgImage: ShellThe Hague-based LNG giant Shell has entered into a deal to sell its liquefied petroleum gas (LPG) business in Hong Kong and Macau to DCC Energy.The conditional sale is worth about of $150.3 million.“This sale supports Shell’s strategic commitment to focus downstream activities on areas where we can be most competitive,” John Abbott, Shell Downstream Director, said in a statement.“This is one of the last of our wholly owned LPG businesses and this sale is another step in Shell’s ongoing portfolio optimisation strategy to deliver $30 billion of divestments between 2016 and 2018,” Abbott added.As part of the sale, Shell will be entering into a long-term brand license agreement with DCC Energy that will ensure the Shell brand remains visible across the LPG business in Hong Kong and Macau.All local Shell LPG employees affected will be given an option to transition to DCC Energy, according to the company.The sale is expected to conclude in the first quarter of the next year, subject to the receipt of regulatory approvals.last_img read more

St. Ignatius Defeats Jackson 35-0 to Advance to Round 2 of OHSAA Playoffs

first_imgPARMA, OHIO – The St. Ignatius Wildcats welcomed in the visiting Massillon Jackson Polar Bears for opening round playoff competition tonight from Byers Field in Parma. The Wildcats came in winners of six straight, including a week ten 34-7 drubbing of arch rival St. Edwards at Cleveland Browns Stadium. The Jackson Polar Bears came in on a slide, losing 3 of their last 4 to close out the regular season. The Wildcats continued that slide for the Bears with a 35-0 victory.There were two main stars on the offensive side of the ball tonight for the Wildcats. Running back Mark Bobinski who came into the game with 740 rushing yards after replacing injured starter James Andrews, continued his big season with 91 yards on 17 carries. Bobinski also scored 3 times in the victory. Bobinski had touchdown runs of 12, 2 and 23 yards.Coach Chuck Kyle has this to say about Bobinski, “He has great vision, speed and he plays well in the zone schemes. He see’s things that others may not see. And that has been big for us.”Quarterback Patrick Ryan also had a big night in the air and on the ground. Ryan threw for 162 yards. He also used his feet and mobility well, rushing for 58 yards and scoring once. Kyle is also impressed with the play of his quarterback and had this to say, “Pat is an intelligent kid who has been a quarterback in the program for four years. He really knows the offense and sometimes he feels like an assistant coach on the field and it really helps.”Jackson had an impressive opening drive, but it would be snuffed out after a Justin Sands interception of quarterback Jaret Pallotta. The Wildcats didn’t waste anytime, scoring on the next possession on a 12 yard Bobinski touchdown run. He actually stumbled out of the backfield, but managed to stay upright long enough to gain speed and score.A few possessions later, Ignatius would use great field possession to take the ball in again and score. This time on a 7 yard Patrick Ryan scramble for the score. The Wildcats would punch it in twice more before the end of the half on another touchdown run by Bobinski and one by Dean Stowers to make it 28-0 at the half. Bobinski would punch it in one more time in the second half to finish the scoring 35-0.The Wildcats now advance to round two to take on the winner of top seeded Solon and eight seeded Glen Oak.BoxscoreJackson 0-0-0-0-00St. Ignatius 7-21-7-0-35 Related TopicsMassillon JacksonNEO SportsOHSAASt. Ignatius Vince McKeelast_img read more