Searchers fail to find any confirmed clues about missing plane

April 13, 2014

Missing_planePerth, Apr 13: Searchers hunting for the missing Malaysian plane in the Indian Ocean today failed to find any confirmed clues about the black boxes of the aircraft, as no new signals have been detected over the past 48 hours.

"Up to 11 military aircraft, one civil aircraft and 14 ships will assist in today's search," the Joint Agency Coordination Centre (JACC) said in a statement, adding the centre of the search areas was set approximately 2,200 km north west of Perth.

It said the Australian Maritime Safety Authority had planned a visual search area, totalling 57,506 sq km compared to 41,393 sq km yesterday.

No new signals have been detected over the past 48 hours, as the search for the missing jet entered into 37th day. The last of the four other signals was detected on Tuesday night.

In an effort to narrow the underwater search area in which the autonomous underwater vehicle is deployed, JACC said the Australian defence vessel, Ocean Shield, continued more focused sweeps with the towed pinger locator to try and locate further signals related to the black box.

Last Wednesday, JACC chief coordinator Angus Houston said the autonomous underwater vehicle would be deployed once signals could no longer be detected.

Finding black the black box is crucial to know what happened on March 8 before the Beijing-bound Malaysia Airlines jet with 239 people, including five Indians, an Indo-Canadian and 154 Chinese nationals, mysteriously vanished after taking off from Kuala Lumpur.

The batteries powering the black box are certified to be working for 30 days, but can still provide weak signals for some more days. Stored in a plane's tail, they are designed to begin sending off distinct, high-pitched signals as soon as they come in contact with water.

China's vessels have been searching in an area of about 25,000 square kilometers, which is in the western part of the search region designated by the Australian authorities, said Zhuo Li, an official with the China Maritime Search and Rescue Center.

In the eastern region of about 15,000 square kilometers, vessels from other countries, including Australia, the UK, the US and Malaysia, have been in search, Zhuo added.

By midday today, the center had mobilized 63 merchant ships for assistance in the search, covering about 167,135 square kilometers in total, he said.

The mystery of the missing plane continued to baffle aviation and security authorities who have so far not succeeded in tracking the aircraft despite deploying hi-tech radar and other gadgets even after searching for 37 days.

Australian Prime Minister Tony Abbott yesterday said signals possibly from the black box of the ill-fated Malaysian jet were "rapidly fading" and the ongoing massive search for the plane was likely to continue "for a long time".

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Agencies
August 3,2020

New York, Aug 3: The number of coronavirus cases confirmed all over the world has surpassed 18 million, while the global COVID-19 death toll stands at over 687,000 according to data from the Johns Hopkins University's Coronavirus Resource Center.

As of 06:00 Moscow time on Monday (03:00 GMT), there are 18,017,556 confirmed coronavirus cases in the world. The global death toll from COVID-19 stands at 687,930. The number of recovered individuals stands at 10,649,108.

The United States remains the country with the largest number of cases (4,665,932) and the highest COVID-19 death toll (154,841), according to the latest data from the Johns Hopkins University.

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News Network
May 11,2020

Kabul, May 11: Four back-to-back roadside bombs exploded in a northern district of Afghanistan's capital Kabul on Monday, wounding four civilians including a child, police said. Kabul police spokesman Ferdaws Faramarz said a clearance team was at the site of the attacks.

Militants have carried out several roadside bombings and rocket attacks in Kabul and other parts of the country in recent weeks, but Monday's four consecutive explosions appeared to be the first coordinated effort for some months.

The Taliban has not carried out any large attacks in the city since they signed a landmark withdrawal deal with the US in February, meant to pave the way for peace in the country. No group has claimed the attacks. The explosions come as authorities are trying to impose a lockdown in the capital to curb the spread of coronavirus in the country.

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Agencies
June 7,2020

Moscow, Jun 7: OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September.

OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up prices that collapsed due to the coronavirus crisis. Those cuts were due to taper to 7.7 million bpd from July to December.

“Demand is returning as big oil-consuming economies emerge from pandemic lockdown. But we are not out of the woods yet and challenges ahead remain,” Saudi Energy Minister Prince Abdulaziz bin Salman told the video conference of OPEC+ ministers.

Benchmark Brent crude climbed to a three-month high on Friday above $42 a barrel, after diving below $20 in April. Prices still remain a third lower than at the end of 2019.

“Prices can be expected to be strong from Monday, keeping their $40 plus levels,” said Bjornar Tonhaugen from Rystad Energy.

Saudi Arabia, OPEC’s de facto leader, and Russia have to perform a balancing act of pushing up oil prices to meet their budget needs while not driving them much above $50 a barrel to avoid encouraging a resurgence of rival U.S. shale production.

It was not immediately clear whether Saudi Arabia, the United Arab Emirates and Kuwait would extend beyond June their additional, voluntary cuts of 1.18 million bpd, which are not part of the deal.

BULGING INVENTORIES

The April deal was agreed under pressure from U.S. President Donald Trump, who wants to avoid U.S. oil industry bankruptcies.

Trump, who previously threatened to pull U.S. troops out of Saudi Arabia if Riyadh did not act, spoke to the Russian and Saudi leaders before Saturday’s talks, saying he was happy with the price recovery.

While oil prices have partially recovered, they are still well below the costs of most U.S. shale producers. Shutdowns, layoffs and cost cutting continue across the United States.

“I applaud OPEC-plus for reaching an important agreement today which comes at a pivotal time as oil demand continues to recover and economies reopen around the world,” U.S. Energy Secretary Dan Brouillette wrote on Twitter after the extension.

As global lockdowns ease, oil demand is expected to exceed supply sometime in July but OPEC has yet to clear 1 billion barrels of excess oil inventories accumulated since March.

Rystad’s Tonhaugen said Saturday’s decisions would help OPEC reduce inventories at a rate of 3 million to 4 million bpd in July-August. “The quicker stocks fall, the higher prices will get,” he said.

Nigeria’s petroleum ministry said Abuja backed the idea of compensating for its excessive output in May and June.

Iraq, with one of the worst compliance rates in May, agreed to extra cuts although it was not clear how Baghdad would reach agreement with oil majors on curbing Iraqi output.

Iraq produced 520,000 bpd above its quota in May, while overproduction by Nigeria was 120,000 bpd, Angola’s was 130,000 bpd, Kazakhstan’s was 180,000 bpd and Russia’s was 100,000 bpd, OPEC+ data showed.

OPEC+’s joint ministerial monitoring committee, known as the JMMC, will meet monthly until December to review the market, compliance and recommend levels of cuts. JMMC’s next meeting is scheduled for June 18.

OPEC and OPEC+ will hold their next scheduled meetings on Nov. 30-Dec. 1.

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