Latest news with #Neveu
Yahoo
03-06-2025
- Automotive
- Yahoo
Former Endurance Racing boss Gerard Neveu takes Retromobile to New York
Gerard Neveu will steer the organizing team for the event at New York's Javits Centre from November 19-22 next year. After 25 years in the motorsport and automotive industries Neveu has an extensive contacts book and deep experience of staging international events and operating in the US market. During his decade at the helm of WEC, he laid the groundwork for the championship as it is today, with hybrid technology attracting multiple manufacturers. Neveu was also one of the key protagonists in the convergence of regulations between the US based International Motor Sports Association (IMSA, owned by NASCAR) and the Automobile Club de l'Ouest (ACO, owner of WEC and founder of the 24 Hours of Le Mans). Prior to WEC he served as the Director of Paul Ricard Circuit in the South of France. Retromobile Paris celebrates its 50th anniversary next year, and the New York show aims to capitalize on the burgeoning US classic car scene, where more than 50% of the global collectors' cars market is concentrated. Neveu's first moves in the role have been to secure 400,000 square feet in four halls in Javits Center and strike an auction partnership with Gooding Christie's. 'The concept of Retromobile is special,' says Neveu. 'You find both the biggest car collectors and vendors from all around the world at the same time, plus manufacturers and brokers. You also have a fan community attending the event, who can live out their dreams, see cars and people which may bring back precious memories. Retromobile is a celebration of all things automotive, including but not limited to, motorsport. And it is a place where you can live and share your passion for cars of all types.' James Allen The choice of New York, rather than the West Coast or Miami was based on a number of factors, with logistics being a key driver. 'But also because around New York you already have a huge community of car collectors and brokers,' says Neveu. 'For the inaugural show we are looking for 200-250 exhibitors (with more than 80% coming from the USA) and 50,000 – 60,000 visitors. 'The partnership with Gooding Christie's is great for the event because, with the combination of expertise from Gooding and the prestige of Christie's, we have every reason to hope for a spectacular classic car auction." The New York event has a lot to live up to. Retromobile Paris last year attracted 146,000 visitors, of whom 19% were from outside France and 600 exhibitors with auction sales of over $125m.'I'm trying to bring my experience of managing big automotive events and make sure we will be able to offer a great and unique experience to our visitors and participants,' says Neveu. 'The big challenge facing us will be to attain the heights of the prestigious Retromobile Paris. The 50th anniversary of Retromobile next year is the perfect opportunity to export the concept of this exclusive event elsewhere for the very first time and we will do our best to deliver an event in New York with the same DNA as Paris at its core but with the vibrant American colors running right through it.' To read more articles visit our website.
Global News
25-04-2025
- Business
- Global News
Precision Drilling trims 2025 capital budget because of market uncertainty
Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs. Chief executive Kevin Neveu says Precision expects to spend $200 million this year, a reduction of $25 million from its earlier forecast. That includes an $8-million drop in upgrade spending that acted as a 'placeholder' in Precision's budget for potential projects in its U.S. or international segments. Neveu says if either of those markets rebound this year, Precision would consider ramping that spending back up — but only if the financial returns and contract terms pass muster. The rest of the spending cuts were to be for maintenance capital, which Precision had earmarked to take advantage of year-end vendor discounts. Story continues below advertisement Precision has cut some staff as it exited its well servicing business in North Dakota, where it had 10 rigs. 'We originally entered this market to provide services to Canadian customers operating in North Dakota. And for several years, this business performed well,' Neveu told analysts on a conference call Thursday. 'When our Canadian customers exited the market, we were left competing with local mom-and-pop service providers for highly price-sensitive customers. And although last year was a positive cash flow year for this segment, we did not achieve our target of return on capital.' 1:54 Alberta Drilling Accelerator test site aims to support new oil and gas technologies Six service rigs are being moved back to Canada from North Dakota, while the rest are to be sold in the U.S., he added. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Neveu said the sense he's getting from customers is that they should be able to keep operating with West Texas Intermediate crude prices at their current levels just above US$60 a barrel – but it's more tenuous for U.S. players than for Canadian ones. Story continues below advertisement He cautioned that the information Precision gets from customers is 'designed to create some pricing tension with us' and so may not provide the full picture. 'But it does feel like in the U.S. oily basins, low US$60s, high US$50s is probably stable. Get below kind of high US$50, and the uncertainty level increases,' he said. In Canada, which has seen the discount on its heavy crude narrow with the opening of the Trans Mountain pipeline expansion to the B.C. coast, crude would have to dip to around US$50 'before our customers get too nervous about activity,' he said. 0:32 Trans Mountain startup will boost Canadian oil production to all-time high: Deloitte Neveu's comments come a day after Precision reported first-quarter net earnings attributable to shareholders of $34.5 million, or $2.20 per diluted share, down from $36.5 million or $2.53 per diluted share a year earlier. Story continues below advertisement Revenues were $496.3 million during the first three months of 2025, down from $527.8 million.
Winnipeg Free Press
24-04-2025
- Business
- Winnipeg Free Press
Precision Drilling trims 2025 capital budget amid market uncertainty
CALGARY – Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs. Chief executive Kevin Neveu says Precision expects to spend $200 million this year, a reduction of $25 million from its earlier forecast. That includes an $8-million drop in upgrade spending that acted as a 'placeholder' in Precision's budget for potential projects in its U.S. or international segments. Neveu says if either of those markets rebound this year, Precision would consider ramping that spending back up — but only if the financial returns and contract terms pass muster. The rest of the spending cuts were to be for maintenance capital, which Precision had earmarked to take advantage of year-end vendor discounts. Precision has cut some staff as it exited its well servicing business in North Dakota, where it had 10 rigs. 'We originally entered this market to provide services to Canadian customers operating in North Dakota. And for several years, this business performed well,' Neveu told analysts on a conference call Thursday. 'When our Canadian customers exited the market, we were left competing with local mom-and-pop service providers for highly price-sensitive customers. And although last year was a positive cash flow year for this segment, we did not achieve our target of return on capital.' Six service rigs are being moved back to Canada from North Dakota, while the rest are to be sold in the U.S., he added. Neveu said the sense he's getting from customers is that they should be able to keep operating with West Texas Intermediate crude prices at their current levels just above US$60 a barrel — but it's more tenuous for U.S. players than for Canadian ones. He cautioned that the information Precision gets from customers is 'designed to create some pricing tension with us' and so may not provide the full picture. 'But it does feel like in the U.S. oily basins, low US$60s, high US$50s is probably stable. Get below kind of high US$50, and the uncertainty level increases,' he said. During Elections Get campaign news, insight, analysis and commentary delivered to your inbox during Canada's 2025 election. In Canada, which has seen the discount on its heavy crude narrow with the opening of the Trans Mountain pipeline expansion to the B.C. coast, crude would have to dip to around US$50 'before our customers get too nervous about activity,' he said. Neveu's comments come a day after Precision reported first-quarter net earnings attributable to shareholders of $34.5 million, or $2.20 per diluted share, down from $36.5 million or $2.53 per diluted share a year earlier. Revenues were $496.3 million during the first three months of 2025, down from $527.8 million. This report by The Canadian Press was first published April 24, 2025. Companies in this story: (TSX: PD)
South China Morning Post
17-04-2025
- Politics
- South China Morning Post
50 years since Khmer Rouge conquered Cambodia, photographer recalls descent into madness
When French photojournalist Roland Neveu arrived in Phnom Penh in the summer of 1973, he had little inkling of the atrocities he would witness, or the scale of the suffering that would soon engulf the country and claim the lives of one in four Cambodians through murder, starvation or neglect. Advertisement But over a two-year period, Neveu would experience a brutal civil war, and its grim climax as a victorious Khmer Rouge evicted the entire population of the Cambodian capital in pursuit of a deluded plan to reinvent the country as an agrarian utopia. 'Those memories are forever etched on my mind,' he said, reflecting ahead of the 50th anniversary of Phnom Penh's fall to the Khmer Rouge on Thursday. 'I just need to close my eyes and I am taken back to those terrible events.' In 1973, the conflict in neighbouring Vietnam had spilled across the border and was stoking a vicious civil war between the US-backed Lon Nol government and the Chinese- and North Vietnamese-backed Khmer Rouge. For the then 23-year-old aspiring combat photographer, Cambodia was the perfect war. Access for journalists was unrestricted, and his arrival came at the peak of international outrage at a long-secret US bombing campaign ostensibly targeting communist sanctuaries inside Cambodia. Roland Neveu in Phnom Penh in 1975. Photo: Roland Neveu 'I flew to Bangkok and took the daily connecting flight to Phnom Penh as a tourist,' he said. 'Then I went to the Ministry of Information and got a press pass as a freelance photographer. It was that easy.'
Chicago Tribune
03-04-2025
- Entertainment
- Chicago Tribune
Column: Years ago, Brett Neveu's ‘Eric LaRue' unnerved Chicago audiences. Now it's a Michael Shannon movie.
Temperamentally different as they are, the playwright, screenwriter and Northwestern University professor Brett Neveu, a peppy, zigzaggy thinker and talker, has a lot in common with the formidable actor, musician and first-time film director Michael Shannon. The commonalities begin with a propensity to juggle more projects, more or less simultaneously, than would seem humanly plausible. Their joint collaborations spring from the Chicago storefront theater mainstay A Red Orchid Theatre. That was where Neveu's play 'Eric LaRue,' a tense, mordantly comic drama about what Shannon calls 'the aftermath of the aftermath' of a school shooting, had its world premiere 23 years ago. Shannon didn't direct it, but he co-founded Red Orchid and found himself going back to see the company's show several times, he said. 'At that time Brett was just starting out as a playwright. I mean, we were all so young.' A few hundred school shootings later, Shannon makes his film directorial debut with 'Eric LaRue,' starring Judy Greer as Janice LaRue, the mother of a killer of three fellow students. Everyone in the presumably Midwestern town, based somewhat on Neveu's Iowa hometown of Newton, wants Janice to snap out of it. Move on. Redirect her grief somehow. The play and the film hinge on a well-meaning but terrible idea. Not one but two different religious leaders in town, representing their respective, rival church communities, vie for the spiritual honor of bringing together Janice and the mothers of her son's victims in the same room, for an honest conversation about how they're feeling about the tragedy. Shannon's now a resident of Brooklyn, New York, where he lives with his wife and fellow actor Kate Arrington (who's excellent in the role of one of the seething mothers) and their daughters. Neveu lives in Lindenhurst, Illinois, with his wife, artist Kristen Neveu, and their daughter. 'Eric LaRue' premiered at the 2023 Tribeca Film Festival and took two long years to find a distributor (Magnolia Pictures, ultimately). Partly it's a matter of forbidding subject matter, though Neveu's writing doesn't fit conventional notions of how stories like this are treated. Partly, too, 'Eric LaRue' took two years because the world and its screen industries — in nearly every economically and ideologically perplexed respect — don't know where they are or how to proceed right now. The following conversation has been edited for clarity and length. Q: Michael, 'Eric LaRue' strikes me as eternally topical but not really primarily so. Also, it's an eternal hard sell, and a generation older than it was when A Red Orchid Theatre first produced it. Shannon: Yeah. It was the play we did right after we did Tracy Letts' 'Bug' in 2001. Guy Van Swearingen (the theater's co-founder, along with Shannon and Lawrence Grimm) got to know Brett, called him up after Kirsten Fitzgerald (now the Red Orchid artistic director) did a reading at Chicago Dramatists. Guy was crazy about it. I had nothing to do with the Red Orchid production, except for going back to see it, like, seven or eight times. Q: Brett, I remember having a wildly mixed response to the play right after I got to Chicago, 20-plus years ago. I'm not sure I really got what you were up to. The film adaptation makes me realize it's topical but in ways that seem to have transcended what we usually think of as topicality. You wrote it not long after the 1999 Columbine school shooting, right? Neveu: When we did it, back in the day, we had discussions around that idea of making sure it wasn't just topical in a way that would, you know, fade quickly. I tend to write about things that are bugging me, and try to write stories that aren't being told. Or told enough. But lately, just in the last few months, people seem to be gravitating towards what's in the background of 'Eric LaRue,' with what we've seen in the new series 'The Pitt' and what happens in the British series 'Adolescence.' I don't want to give it all away, but those really wrenching situations. But people are responding. They're watching. I don't think audiences necessarily turn away from tough subject matter. These are real issues on our minds. Q: In 'Eric LaRue' there's a queasy absurdity to a lot of what Janice endures from her husband, her pastor and just about everyone she knows. Have you heard from folks who basically say, How dare you mine this tragedy for even a speck of black humor? Neveu: There've been a few questions, but they're more open-minded, I think. They want to know why something in it strikes them funny in certain places. People are smart, they know that in dark situations, there's a pressure valve, and it's connected to a kind of absurdity. Michael and I think about this a lot. Q: Michael, after you made 'The Shape of Water' with Guillermo del Toro, you told me you were taking more and more of an interest on set in what was going on with camera decisions, the design of a boom shot, all of it. And now you've made your first film as director. Shannon: Well, my interest in photography predates my film career. When I was a teenager I'd take a lot of pictures. My mom still has a lot of them, the black-and-white pictures I took. To me it's terribly exciting to be in this space of figuring out where the camera should be, and what lens should be on it. I see the utility in it, the value of it. I can't say I'm following in the footsteps of any particular director I've worked with. If anything, I'm inspired by someone I never had the pleasure of working with: Mr. David Lynch, no longer with us. I see some of his influence in 'Eric LaRue.' Q: I see that in how you chose to hold a reaction shot a little longer than usual, two, three seconds. Which is longer than 99% of the films would hold it. Shannon: Yeah. I was very meticulous about that in the edit. It was all about frames. I was like, 'OK, take three frames off. OK, put two back on.' If I could've split a frame in half, I would've done it. The rhythm of this film is not a happy accident. You can ask my editor. I trust my editor implicitly. But he'll tell you, I was like a hawk. Q: This material can be crushingly sad, but there's zero melodrama in it. It's not what people are used to seeing with this subject. Shannon: I appreciate hearing that. That was important to me. Q: Brett, what's next? With you, that question usually leads to a pretty complicated answer. Neveu: I'm working on a film project called 'Brilliant Blue,' with nonprofessional actors, high school students, mostly, and a professional crew. It's a training and mentoring research project, part of my tenure track at Northwestern. And it's my directing debut! My daughter's doing production design on it, and a lot of her friends are in it. What else … I'm working on a script called 'Better World' with Michael and Judy, and also with Michael Patrick Thornton. I'm doing a documentary about my dad called 'Infinite Lives,' and his being the world's oldest consecutive video game player. Then, let's see, we're doing my play 'Revolution' at the Flea Theater in New York, it premiered at A Red Orchid in 2023. And I've got a new musical called 'Behind a Clear Blue Sky' with Jason Narducy. We wrote the musical 'Verboten' for the House Theatre right before COVID. Jason and Michael just got back from doing R.E.M. shows on tour. There's more, but that's enough for now. You know how I work. I throw a bunch of things against the wall, and this time seven of them kinda stuck. Q: Michael, you're doing Eugene O'Neill's 'Moon for the Misbegotten' in London at the Almeida this summer, and what else? Shannon: I've got 'Nuremberg' coming out, with Rami Malek, Russell Crowe, John Slattery and me. I've got 'Death by Lightning,' which is a Netflix series, coming out. I play President (James A.) Garfield in that one. Nick Offerman, another Chicago guy, plays Chester A. Arthur. Matthew Macfadyen (as Garfield's assassin, Charles Guiteau), Betty Gilpin, Shea Whigham. Great cast. Q: This is stating the obvious, but it is not an easy time for any movie to find its audience — Shannon: We just got off our weekly meeting with Magnolia for 'Eric LaRue,' and they're saying it's hard to even get your film reviewed in Los Angeles. Which is strange, considering Los Angeles is still ostensibly the home of our industry. There's something deeply wrong with that. But, you know, look at 'Anora' winning the Oscar for best picture, that's a spark of hope for me. It's not all doom and gloom. But I hear what you're saying. Our movie played Tribeca two frickin' years ago and it's just now coming out. On the other hand, the timing feels right to me somehow. You know. The way things are in America now. The climate of things (pause). I'll leave it at that. 'Eric LaRue' opens April 4 at the Gene Siskel Film Center, 164 N. State St.; Streaming on April 11.
