Latest news with #Cremers
Reuters
23-05-2025
- Business
- Reuters
WGC Shell expects more LNG exporters to turn into net importers, drive demand
BEIJING, May 23 (Reuters) - Energy major Shell (SHEL.L), opens new tab expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects. Cederic Cremers, Shell's executive vice president for LNG, told Reuters that Indonesia, Malaysia, and Algeria are likely to become net import markets in the future as their domestic gas demand is rising while production is declining. "Our prediction is that between now and 2040 that's pretty much close to 50 million tons of additional draw on the LNG market," he said on the sidelines of the World Gas Conference. These LNG exporters are likely to join Egypt, which became a net LNG importer last year. Egypt is in talks with energy firms and trading houses to buy 40-60 LNG cargoes amid a worsening energy crunch ahead of peak summer demand. Earlier, the country had signed deals worth about $3 billion with Shell and TotalEnergies to secure LNG. Meanwhile, LNG projects are facing challenges stemming from project delays during the COVID pandemic that limited new supply in 2023 and 2024, bottlenecks in global supply chains and labour shortages on the U.S. Gulf Coast. "The net increase in supply capacity in 2024 was only about 2 mtpa (million metric tons per annum) ... because a number of projects that were supposed to come online have been delayed," Cremers said. "The new capacity coming from all these projects may be a bit more phased than all coming at the same time as some of the industry analysts may have been reporting," he said. "So we may see a little bit of a softer landing in terms of the supply coming onto the market." Other producers including Diamond Gas International and TotalEnergies have said they expect a LNG supply glut around 2027 or 2028. Major projects include QatarEnergy's North Field East natural gas expansion project which will begin production in mid-2026. Companies in the U.S., the world's largest exporter, are planning to approve over 90 million metric tons per year of new LNG production capacity this year. Cremers said latent demand and increased infrastructure investment in Asia will help to soak up the new supply. Shell has forecast that global demand for LNG will rise by around 60% by 2040, driven largely by economic growth in Asia, power-thirsty AI and efforts to cut emissions in heavy industries and transportation. However, Asian demand is sensitive to prices, Cremers said. "We saw that spot prices towards Q2 dropped below $10 (per MMBtu), and at that point in time you saw a real strong demand response from a number of customers in Asia."
Yahoo
19-05-2025
- Sport
- Yahoo
Wales assistant Cremers linked with Club Brugge role
Wales assistant coach Piet Cremers is a strong contender to fill a key vacancy at Club Brugge ahead of next season. He is currently working under head coach Craig Bellamy with the Welsh national team, but he has been linked to take up a position with the Belgian top-flight club's reserve side Club NXT - who play in the second tier. Cremers is currently preparing for Wales' World Cup qualification double header at home to Liechtenstein on 6 June and away to Belgium three days later. It remains to be seen whether he would leave his current role midway through a campaign. Nevertheless, Club Brugge have identified the Dutchman for a possible role within their set-up. It is understood the role would eventually open the prospect of Cremers becoming the club's senior head coach. Bellamy heads for Spain without Wales' Premier stars The Wales coach who means 'everything' to Bellamy World Cup player? Boss? Ramsey's uncertain future At just 30, Cremers is developing a reputation as one of the most exciting young coaches in British football. Having already worked under Pep Guardiola at Manchester City and Vincent Kompany at Burnley, Cremers already has extensive experience of working alongside top coaches. He was one of Guardiola's top analysts at the Etihad Stadium, playing a role in four Premier League title wins. Upon leaving his role as head of analysis and insights at City, Cremers took up the position as assistant coach under Kompany at Turf Moor - where he was integral in the club's 2023 promotion into the Premier League as champions with a points total of 101. At the time, Bellamy was also at Burnley and the pair formed a close relationship. Indeed, Bellamy's appointment as Wales head coach in the summer of 2024 saw Cremers join up with the former Liverpool and Newcastle United striker in the national team set-up. In November, when asked what Cremers added to his team, Bellamy replied: "Everything. The year we had at Burnley was down to him. "We murdered the league and it was that. It hadn't been done before. "Piet really pushed us towards this way. Vinny was always very intelligent about sounding out the best people. "He brought Piet into our world then and it was just like 'wow', he moved so many different areas for us." The success Cremers has already enjoyed during the early days of his club career has followed him into international football. Wales are unbeaten since Bellamy and Cremers arrived; the team have won four and drawn four of their eight matches in charge so far.
Yahoo
15-05-2025
- Business
- Yahoo
PotlatchDeltic Releases 2024 Corporate Responsibility Report
SPOKANE, Wash., May 15, 2025--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today released its 2024 Corporate Responsibility Report. The Report highlights PotlatchDeltic's 2024 corporate responsibility impacts and accomplishments. "Corporate responsibility is integral to our strategy and embedded within PotlatchDeltic's business," said Eric Cremers, president and chief executive officer. "Our 2024 Corporate Responsibility Report illustrates just some of the accomplishments we have made in our four pillars - Forests, Planet, People, and Performance. I'm proud of our impact, and I look forward to what we will accomplish in 2025 as we responsibly manage our forests, strive for excellence within our business, work together with our people, and make a difference in our communities," stated Mr. Cremers. PotlatchDeltic's 2024 corporate responsibility accomplishments include: Forests: Planted nearly 29 million seedlings and protected 7,880 miles of rivers and streams. Utilized best management practices and certified 100% of our forest management. Completed two rural real estate sales with a conservation nexus. Planet: Reduced energy consumption in wood products by 1% on a unit basis. Stored approximately 3.3 million metric tons CO2e in the products manufactured from the logs and wood residuals we sold externally and in the products we manufactured. Worked with developers on solar projects and evaluated other opportunities for natural climate solutions. People: Achieved outstanding safety performance with low incident and severity rates. Undertook safety initiatives including the development of an emergency response team and the automation of a plywood press feeder. Supported the communities where we live, work, and play through nearly $600,000 in charitable contributions. Performance: Integrated consideration of human rights risks in our supply chain into our enterprise risk management. 100% of fiber consumption at our wood products facilities certified for responsible sourcing. Continued to work on climate-related policy initiatives surrounding forests and wood products. PotlatchDeltic's corporate responsibility reporting is informed by or referencing frameworks such as the Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and Global Reporting Initiative (GRI). The Report can be found in the investor relations and the corporate responsibility sections of the Company's website at and is supported by additional information and data on our website or in our other published reports. About PotlatchDeltic PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) with ownership of 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business, and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to corporate responsibility. More information can be found at Cautionary Statement Regarding Forward-Looking Information This press release contains certain forward-looking statements within the meaning of the federal securities laws. Words such as "initiative," "look forward," "opportunities," "strive," "will," and similar expressions are intended to identify such forward-looking statements. Statements and assumptions with respect to initiatives and opportunities and anticipated actions related thereto are also examples of forward-looking statements and are not guarantees of future conduct or policy. The actual conduct of our activities, including the development, implementation or continuation of any program, project, policy or initiative may differ materially in the future. Actual results could differ materially from our historical results or those expressed or implied by forward-looking statements contained in this press release due to factors such as: changes in our priorities as well as changes in the priorities of our customers and suppliers; the accuracy of our estimates and assumptions; acquisitions and divestitures; the future effect of legislation, rulemaking, changes in governmental interpretation of existing law, and changes in policy or best management practices; natural or human causes beyond the Company's control; our ability to meet our corporate responsibility goals and commitments and succeed with our initiatives and projects, including our solar real estate option contracts and natural climate solutions projects; the availability of funding for our initiatives and projects; and global economic, business, political, and climate conditions. These are only some of the factors that may affect the forward-looking statements contained in this press release. For further information regarding risks and uncertainties associated with our business, please refer to our U.S. Securities and Exchange Commission (SEC) filings, including our Annual Report on Form 10-K for the year ended December 31, 2024, our 2025 Proxy Statement, and our 2025 Quarterly Reports on Form 10-Q, which can be obtained at the Company's website, The forward-looking statements in this press release are intended to be subject to the safe harbor protection provided by federal securities laws. Except as required under applicable law, we do not intend to issue updates concerning any future revisions of our views to reflect events or circumstances occurring after the date of this press release. View source version on Contacts (Investors)Wayne Wasechek509-835-1521 (Media)Anna Torma509-835-1558
Business Wire
15-05-2025
- Business
- Business Wire
PotlatchDeltic Releases 2024 Corporate Responsibility Report
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today released its 2024 Corporate Responsibility Report. The Report highlights PotlatchDeltic's 2024 corporate responsibility impacts and accomplishments. 'Corporate responsibility is integral to our strategy and embedded within PotlatchDeltic's business,' said Eric Cremers, president and chief executive officer. 'Our 2024 Corporate Responsibility Report illustrates just some of the accomplishments we have made in our four pillars - Forests, Planet, People, and Performance. I'm proud of our impact, and I look forward to what we will accomplish in 2025 as we responsibly manage our forests, strive for excellence within our business, work together with our people, and make a difference in our communities,' stated Mr. Cremers. PotlatchDeltic's 2024 corporate responsibility accomplishments include: Forests: Planted nearly 29 million seedlings and protected 7,880 miles of rivers and streams. Utilized best management practices and certified 100% of our forest management. Completed two rural real estate sales with a conservation nexus. Planet: Reduced energy consumption in wood products by 1% on a unit basis. Stored approximately 3.3 million metric tons CO 2 e in the products manufactured from the logs and wood residuals we sold externally and in the products we manufactured. Worked with developers on solar projects and evaluated other opportunities for natural climate solutions. People: Achieved outstanding safety performance with low incident and severity rates. Undertook safety initiatives including the development of an emergency response team and the automation of a plywood press feeder. Supported the communities where we live, work, and play through nearly $600,000 in charitable contributions. Performance: Integrated consideration of human rights risks in our supply chain into our enterprise risk management. 100% of fiber consumption at our wood products facilities certified for responsible sourcing. Continued to work on climate-related policy initiatives surrounding forests and wood products. PotlatchDeltic's corporate responsibility reporting is informed by or referencing frameworks such as the Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and Global Reporting Initiative (GRI). The Report can be found in the investor relations and the corporate responsibility sections of the Company's website at and is supported by additional information and data on our website or in our other published reports. About PotlatchDeltic PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) with ownership of 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business, and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to corporate responsibility. More information can be found at Cautionary Statement Regarding Forward-Looking Information This press release contains certain forward-looking statements within the meaning of the federal securities laws. Words such as 'initiative,' 'look forward,' 'opportunities,' 'strive,' 'will,' and similar expressions are intended to identify such forward-looking statements. Statements and assumptions with respect to initiatives and opportunities and anticipated actions related thereto are also examples of forward-looking statements and are not guarantees of future conduct or policy. The actual conduct of our activities, including the development, implementation or continuation of any program, project, policy or initiative may differ materially in the future. Actual results could differ materially from our historical results or those expressed or implied by forward-looking statements contained in this press release due to factors such as: changes in our priorities as well as changes in the priorities of our customers and suppliers; the accuracy of our estimates and assumptions; acquisitions and divestitures; the future effect of legislation, rulemaking, changes in governmental interpretation of existing law, and changes in policy or best management practices; natural or human causes beyond the Company's control; our ability to meet our corporate responsibility goals and commitments and succeed with our initiatives and projects, including our solar real estate option contracts and natural climate solutions projects; the availability of funding for our initiatives and projects; and global economic, business, political, and climate conditions. These are only some of the factors that may affect the forward-looking statements contained in this press release. For further information regarding risks and uncertainties associated with our business, please refer to our U.S. Securities and Exchange Commission (SEC) filings, including our Annual Report on Form 10-K for the year ended December 31, 2024, our 2025 Proxy Statement, and our 2025 Quarterly Reports on Form 10-Q, which can be obtained at the Company's website, The forward-looking statements in this press release are intended to be subject to the safe harbor protection provided by federal securities laws. Except as required under applicable law, we do not intend to issue updates concerning any future revisions of our views to reflect events or circumstances occurring after the date of this press release.
