Latest news with #Graff
IOL News
15 hours ago
- IOL News
Cape winelands' luxury villa voted as one of the best wellness suites in the world
The Owners Villa at Delaire Graff Estate has been recognised by Elite Traveler as one of the Top Wellness Suites in the World . Delaire Graff Estate's exclusive Owner's Villa has been recognised by 'Elite Traveler' as one of the world's top wellness suites in the luxury travel space. Located in the heart of the Stellenbosch Valley, the four-bedroom Owner's Villa boasts panoramic views of the Cape Winelands. The 660-square metre private residence has been purposefully designed for serenity and exclusivity. Spanning two levels, it includes a gym, heated pool, jacuzzi terrace, and a team of dedicated staff including a private chef, butler, and concierge. Every detail of the Owners Villa reflects owner Laurence Graff's personal vision. The interiors feature curated artworks from Graff's private collection, including pieces by African and international artists.
Yahoo
3 days ago
- Business
- Yahoo
Eco (Atlantic) Oil and Gas Ltd. Announces Exploration Right & 75% Interest in Block 1
Eco Atlantic Secures Exploration Right and Transfer of 75% Interest in Block 1 - South Africa's Orange Basin TORONTO, ON / / June 4, 2025 / Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSXV:EOG), a leading independent oil and gas exploration company focused on the Atlantic Margin, is pleased to announce that, further to the Farm-In Agreement announced on 5 June 2024, formal approval has been received from the South Africa Department of Mineral and Petroleum Resources for both the Exploration Right and Section 11 transfer. Accordingly, Eco has now secured a 75% Working Interest and full Operatorship of Block 1 offshore South Africa - one of the most strategically positioned assets in the highly prospective Orange Basin. The Section 11 approval was the final condition precedent to establishing full legal transfer of Eco's working interest in Block 1 from Tosaco Energy (Proprietary) Limited ("Tosaco"), and the associated milestone payment has been made by Eco. This acquisition, completed through Eco's wholly owned subsidiary Azinam South Africa Limited ("Azinam"), significantly expands the Company's Southern African Orange Basin footprint and positions it as a key Operator at the forefront of one of the world's most active and hydrocarbon-rich basins. The remaining 25% interest is held by Tosaco. Block 1, which spans a vast 19,929km², straddles the border between South Africa and Namibia - directly adjacent to recent world-class discoveries by Galp Energia (Mopane), Shell (Graff, La Rona), TotalEnergies (Venus), Rhino Resources (Capricornus-1X), and the legacy Kudu Gas Field. The block offers full margin transect coverage from the shoreline to deepwater (shore to 263km offshore, in water depths up to 1,000m), encompassing both shallow and deepwater exploration potential. As previously announced, Eco has already acquired and is analyzing an extensive and high-quality dataset, including both 2D and 3D seismic surveys and regional well logs. The block includes the historic Soekor AF-1 gas discovery, which tested at 32.4 MMscfd, and Soekor AE-1, which encountered oil and gas shows which provides clear evidence of an active petroleum system. The Company anticipates launching a formal farm-out process in respect of its interest in Block 1 in August 2025, with respect to which further updates will be provided in due course. Block Summary: Area: 19,929km² offshore South Africa Location: Strategically positioned on the South Africa-Namibia maritime border Extent: From shoreline to ~263km offshore, covering the full margin transect Geological Scope: Broad spectrum of shallow and deepwater oil and gas prospects Water Depths: Shallow shelf to deepwater environments up to 1,000 meters Proven Petroleum System: Adjacent and geologically analogous to multiple recent discoveries: Galp Energia - Mopane, Shell - Graff and La Rona, TotalEnergies - Venus, Rhino Resources - Capricornus-1X (light oil), Historic Soekor Discoveries - AF-1 (32.4 MMscfd gas test) and AE-1 (oil and gas shows), Kudu Gas Field Eco Atlantic remains committed to disciplined, value-driven exploration. With a strong technical foundation, entrepreneurial execution, and an unwavering focus on high-impact opportunities, it continues to position itself as a trusted partner in unlocking frontier basins and delivering long-term shareholder value. The Company has established itself well in Namibia with four Blocks currently being reviewed by international players to farm-in and has a near term drilling opportunity in Guyana that it is currently negotiating with partners to participate in the block. Gil Holzman, Co-Founder and CEO of Eco Atlantic, commented: "As the Orange Basin continues to demonstrate its world-class hydrocarbon proof and potential, Eco's executive team has worked relentlessly over the past 18 months to secure a premier asset on the South African side of the basin. With the successful approval and execution of the Exploration Right and 75% Working Interest award, we are proud to have secured one of the largest and prospective blocks in the entire basin with a known hydrocarbon footprint - Block 1 - located directly on the South Africa-Namibia maritime border. Block 1 adds to our portfolio in the Orange basin which also includes Block 3B/4B operated by TotalEnergies. "We are grateful for the productive collaboration with the Government of South Africa and its key agencies, particularly our valued partners at the Petroleum Agency South Africa ("PASA"). I was honoured to attend the signing ceremony yesterday at PASA's offices in Cape Town. This milestone reflects the dedication and strategic focus of our leadership team in securing an asset with existing hydrocarbon evidence and significant upside potential and aligning with our strategy to partner directly with governments to secure agreements in high potential secure jurisdictions and to lay groundwork for future partnerships. "Our technical team has already begun analysing the extensive, high-quality 2D and 3D seismic, and well logs data, which materially accelerates our path to drilling while reducing early-stage exploration costs and timelines. The block's prior discoveries, including tested gas flows and oil shows, confirm the presence of an active petroleum system. "Initial interpretation is underway, and we are in the process of delineating early leads to develop the exploration strategy. We are already seeing significant inbound interests from international oil companies and mid-tier partners. As a result, we anticipate launching a formal farm-out process in August with further updates to follow in due course." ENDS For more information, please visit or contact the following. Eco Atlantic Oil and Gas c/o Celicourt +44 (0) 20 8434 2754 Gil Holzman, Chief Executive OfficerColin Kinley, Chief Operating OfficerAlice Carroll, Head of Corporate Sustainability Strand Hanson (Financial & Nominated Adviser) +44 (0) 20 7409 3494 James HarrisJames Bellman Berenberg (Broker) +44 (0) 20 3207 7800 Matthew ArmittCiaran WalshDetlir Elezi Celicourt (PR) +44 (0) 20 7770 6424 Mark AntelmeJimmy LeaCharles Denley-Myerson About Eco Atlantic: Eco Atlantic is a TSX-V and AIM-quoted Atlantic Margin-focused oil and gas exploration company with offshore license interests in Guyana, Namibia, and South Africa. Eco aims to deliver material value for its stakeholders through its role in the energy transition to explore for low carbon intensity oil and gas in stable emerging markets close to infrastructure. Offshore Guyana, in the proven Guyana-Suriname Basin, the Company operates a 100% Working Interest in the 1,354 km2 Orinduik Block. In Namibia, the Company holds Operatorship and an 85% Working Interest in four offshore Petroleum Licences: PELs: 97, 98, 99, and 100, representing a combined area of 28,593 km2 in the Walvis Basin. Offshore South Africa, Eco holds a 5.25% Working Interest in Block 3B/4B and a 75% Operated Interest in Block 1, in the Orange Basin, totalling approximately 37,510km2. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Certain information set forth in this document contains forward-looking information and statements including, without limitation, management's business strategy, and management's assessment of future plans and operations. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future, including successful negotiation of farm-in agreement, results of exploration as proposed or at all. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project", "potential" or similar words suggesting future outcomes or statements regarding future performance and outlook. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include risks and uncertainties identified under the headings "Risk Factors" in the Company's annual information form dated July 29, 2024 and other disclosure documents available on the Company's profile on SEDAR+ at The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law. The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@ or visit SOURCE: Eco (Atlantic) Oil and Gas Ltd. View the original press release on ACCESS Newswire
Forbes
4 days ago
- Business
- Forbes
35-Carat Graff Diamond Could Fetch $3 Million At Sotheby's Auction
35.01-Carat Graff diamond ring with an estimate of $2 - $3 million Colorless and fancy colored diamonds are overwhelming among the premiere lots at Sotheby's New York High Jewelry auction on June 13. The sale of 110 lots includes important pieces from the Vanderbilt and Wade families, and from a private collection in which their jewels document a lifelong love affair. The top lot of the sale, based on estimates, is a 'highly important' 35.01-carat emerald cut diamond on a ring from Graff with D color and VVS2 clarity. Its estimate is $2 million - $3 million. The Graff gem is one 13 jewels from a private collection, 'Joie de Vivrea: Journey in Jewels,' a bejeweled documentation of a lifelong love affair. Each piece was a gift from a devoted husband to his wife over the course of a marriage spanning more than 60 years. Graff emerald and diamond earclips with an estimate of $1.5 - $2.5 million Other highlights among the 13 jewels includes a pair of diamond and emerald earclips by Graff featuring four sugarloaf cabochon emeralds weighing approximately 84 carats with an estimate of $800,000 – 1.5 million (the number six lot of the sale); an aquamarine and diamond bracelet with an estimate of $40,000 – $60,000; and a jade and diamond pendant-brooch, circa 1910s, adorned with five old European-cut diamonds, with an estimate of $25,000 – $35,000. 5.02 carat fancy pink diamond ring with an estimate of $1.5 million - $2 million FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder The number 2 lot of the sale is a 5.02-carat oval-shaped fancy pink diamond with VS2 clarity. Its estimate is $1.5 - $2.5 million. 2.02-carat fancy vivid blue diamond rin with an estimate of $1.4 million - 1.8 million Next is a 2.02-carat modified rectangular mixed-cut fancy vivid blue diamond on a ring with an estimate of $1.4 million - $1.8 million. The number four lot of the sale is a pair of flawless D-color pear-shaped diamonds weighing 10.32 carats and 10.11 carats. Both diamonds exhibit 'excellent polish and symmetry" based on their reports, the auction house said. Their estimate is $1.1 million - $1.5 million. Marcus and Co. ruby and diamond sautoir with an estimate of $1 million - $2 million This is followed by a 'superb' ruby and diamond sautoir by important American retailer, Marcus & Co. (1892 – 1962). The drop-shaped pendant features a 9.60-carat cushion-cut unheated Burmese ruby, within a surround of old European-cut diamonds, framed and topped by caliber-cut rubies. The chain is set at intervals with old European-cut diamonds, the openwork clasp set with pear-shaped, old European- and single-cut diamonds, circa 1915. Its estimate is $1 million - $2 million. The sautoir is one of four jewels from the collection of Emily Vanderbilt Wade, the daughter of William Henry Vanderbilt, III, former governor of Rhode Island, and the great-granddaughter of Cornelius Vanderbilt. The Wades and Vanderbilts are two storied American families credited with shaping the American industrial, cultural and philanthropic landscape. Cartier Art Deco diamond bracelet with an estimate of $60,000 - $80,000 The three other pieces are a Cartier Art Deco bracelet in a geometric pattern composed of articulated panels set with old European- and single-cut diamonds with an estimate of $60,000 - $80,000. Rene Lalique gold, enamel, emerald and pearl pendant with an estimate of $20,000 - $30,000 The second piece is a Rene Lalique Art Nouveau pendant made of gold, enamel, emerald and pearl, circa 1900. It's designed as a double-sided woman's face with long hair morphing into strands of seaweed, decorated with enamel in various shades of green and blue, her forehead is set with an oval-shaped emerald, surmounted by a baroque pearl. Its estimate is $20,000 - $30,000. Gold, emerald, ruby, pearl, sapphire, diamond and enamel necklace with an estimate of $40,000 - ... More $60,000 The third piece is a tassel sautoir boasting an intricate network of rubies, emeralds, pearls, and diamonds, circa 1900. The auction house says that based on provenance it is likely the work of Paulding Farnham, the famed late 19th and early 20th century jewelry designer for Tiffany & Co. Its estimate is $40,000 - $60,000. Highlights of the Sotheby's sale completed a world tour and will be shown next at Sotheby's New York headquarters from June 6 – 12.
Yahoo
29-05-2025
- Business
- Yahoo
Why Craig Fuller is bullish on the second half of 2025
Supply chains are in a time of exceptional uncertainty, says Craig Fuller. 'You'd never know with Trump whether he'll go through with it. But they could agree to do something. You just never know. That's the problem,' said the founder and CEO of FreightWaves, speaking on the unpredictable nature of tariff announcements that are reshaping global supply chains. Fuller recently appeared on 'Street Signals,' a weekly podcast produced by State Street Markets that explores markets and macroeconomic trends. The show is hosted by Tim Graff, head of macro strategy for Europe, who brings together insights from strategists, traders and business leaders on current financial market developments. During the episode, Graff highlighted the challenge of forecasting economic effects from widespread tariffs on U.S. imports, especially given constantly changing headlines. Just hours before recording the episode, President Donald Trump had announced 50% tariffs on goods from the EU starting June 1, only to delay them until July 9 the following Monday. 'Good luck trying to gauge the timing, direction and magnitude of any economic impact, good or bad, that all this might actually have,' Graff noted. Fuller, who grew up immersed in the trucking sector, offered an insider's perspective on the freight market's intricate dynamics amid ongoing global trade shifts. He emphasized that the freight logistics industry is 'one of the most fragmented markets on the planet' with approximately 400,000 trucking companies and countless participants. This fragmentation presents significant challenges but also opportunities for data-driven insights. The conversation shed light on how current tariffs have disrupted supply chains worldwide. Graff pointed out the unpredictability of economic effects from these tariffs, stressing the difficulty of forecasting amid ever-changing headlines. These dynamics have highlighted the critical role of high-frequency data in anticipating economic cycles and supply chain disruptions. Fuller said the freight market is currently experiencing volatility due to issues such as tariffs and trade policy changes. Despite these challenges, he remained bullish about the second half of the year for freight. Fuller highlighted the impact of high-frequency data and the ability for FreightWaves to predict market trends, including potential recessions and recovery periods. His outlook suggested that companies might overprepare inventories due to uncertainty in international trade, which he viewed as a net positive for the freight industry in the short term. Additionally, Fuller anticipated that geopolitical tensions, especially between the U.S. and China, will lead to an increase in sourcing from the Americas. The freight market's state reflects broader economic activities, with sectors such as trucking and international containers acting as bellwethers for consumer demand and industrial cycles. Trucking data, in particular, proves hypersensitive to consumer activity, providing real-time insights into the U.S. goods economy. Meanwhile, international container markets respond vigorously to global trade policy changes, becoming a focal point of trade tensions. Fuller noted the ability of freight data to predict economic shifts, citing a February 2022 warning of an imminent 'freight recession' confirmed six weeks later by increased retailer inventory levels. A similar prescience was displayed during China's post-COVID reopening, when FreightWaves' data contradicted bullish predictions by showing a 40% drop in container volumes. Comparing current challenges to the pandemic, Fuller observed the strain on the supply chain systems then and now, emphasizing that the fragmented supply chains require a nuanced understanding to navigate effectively. As trade policies continue to evolve, the reliance on comprehensive data from the freight market is more crucial than ever in crafting economic forecasts and responses. This approach gives FreightWaves visibility that even major industry players often lack. Fuller cited a notable example from February 2022, when their data indicated an imminent 'freight recession' despite the seemingly strong economy. Six weeks later, major retailers including Walmart, Target, and Amazon confirmed they had too much inventory – exactly what FreightWaves' data had signaled. Bloomberg later dubbed this the 'FreightWaves recession.' A similar situation occurred when China reopened after COVID shutdowns. While many predicted a tsunami of containers from China, FreightWaves' booking data showed a sharp drop in container volumes. This contradicted forecasts from FedEx's CEO, the National Retail Federation and the head of the Port of LA, all of whom predicted a strong second half of the year. By November, there was a 40% drop in international container freight, proving FreightWaves' analysis correct. 'The advantage that we get with this high-frequency data is that we see so much – a very large sample of the entire goods economy,' Fuller explained. 'Because of the fragmented nature of the freight market, the bigger companies tend to be far more insulated from the boom-and-bust cycles that tend to happen. They often don't actually know what's happening till late in the cycle when things are collapsing.' This ability to detect economic shifts early works in both directions. In February of the pandemic year, FreightWaves became notably bullish about the recovery in the goods economy. 'Bloomberg called me the most bullish guy in America because we were seeing it, and we were talking about an aggressive V-shape recovery,' Fuller said. 'It was obvious in the freight data that things were going to come back fast and furious.' When asked which aspects of freight data are most powerful for understanding economic cycles, Fuller emphasized that different indicators serve different purposes. 'If I want to understand real-time activity on the ground in the U.S. goods economy, particularly consumer activity, the most reliable way is trucking data because it's hypersensitive to what's happening in consumer demand,' he explained. For upstream activity like industrial cycles or inventory replenishment, long-haul trucking provides insights. Meanwhile, the international container market reflects global demand and activity. Currently, Fuller notes, the international container market is where the action is, as it responds to trade policy changes. 'Trump is an agent of chaos and is creating so much instability in international container markets,' he observed, though he cautioned that this doesn't necessarily provide clear insights into consumer activity. Comparing current supply chain challenges to the COVID-19 pandemic, Fuller recalled how the global economy was shut down and then restarted with massive stimulus money injected worldwide. 'You had this massive surge in demand at the same time you didn't have supply,' creating unprecedented disruptions that couldn't be resolved by simply 'turning a switch' to restart the global supply chain system. Fuller concluded with a forward-looking perspective on the future of global supply chains. He predicted that as uncertainty persists in international trade relations, particularly with major players like China, businesses will increasingly seek to decentralize their sourcing strategies. This fragmentation may benefit regions like the Americas, which could become key beneficiaries of supply chain realignment. Fuller underscored the potential for regions such as Texas' I-35 corridor to emerge as pivotal logistics hubs as companies adjust to shifting trade conditions. He emphasized that while the high-frequency disruption of tariffs continues to challenge traditional supply chain models, the agility and foresight offered by comprehensive data analysis will be indispensable in navigating these turbulent times. The post Why Craig Fuller is bullish on the second half of 2025 appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Entertainment
- Yahoo
Law & Order Toronto: Criminal Intent Gets Two-Season Pickup at The CW
Some of Canada's finest crime fighters are heading south. Detective Sergeants Graff and Bateman, and the rest of Law & Order Toronto: Criminal Intent, will make their American debut when the Dick Wolf series premieres on The CW this Fall, the network announced Tuesday. More from TVLine Grey's Anatomy Preview: Season 21's Explosive Finale Leaves at Least Three Doctors in Mortal Danger The Irrational Cancelled at NBC After Two Seasons Law & Order and SVU Renewed at NBC Season 1 of the procedural aired in 2024 on Canada's CityTV. The CW also eventually will broadcast Season 2, which is currently airing up north. When Is Your Favorite TV Show Back? An A-to-Z List of 300+ Scripted Series View List The show follows the Specialized Criminal Investigations Unit's Detective Sergeants Henry Graff (played by Aden Young, Rectify) and Frankie Bateman (played by Kathleen Munroe, City on Fire) 'as they investigate high-profile homicides in Canada's largest metropolis,' the official logline reads. 'Their unique investigative skills are showcased through psychological tactics, with a heavy focus on the motives and actions of the criminals. These cases delve into the worlds of high finance, politics, real estate, media and more.' Seasons 1 and 2 of Law & Order Toronto: Criminal Intent consist of 10 episodes each. The drama was ordered to series in June 2023. 'Law & Order Toronto: Criminal Intent is the next gripping chapter of one of the greatest and most recognizable broadcast television brands of all time,' said Brad Schwartz, President, The CW Network via statement, 'and we can't wait to bring this series to The CW this fall.' The original Law & Order: Criminal Intent, based in New York City, ran for 10 seasons and starred Vincent D'Onofrio as Detective Robert Goren and Kathryn Erbe as Detective Alexandra Eames. Will you watch the latest iteration of on The CW? Let us know in the comments! Best of TVLine Yellowjackets Mysteries: An Up-to-Date List of the Series' Biggest Questions (and Answers?) The Emmys' Most Memorable Moments: Laughter, Tears, Historical Wins, 'The Big One' and More 'Missing' Shows, Found! The Latest on Severance, Holey Moley, Poker Face, YOU, Primo, Transplant and 25+ Others
