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☆ The billionaire boss of one of soccer's most famous teams tells staff: come back to the office or look for another job
▼ + stars: | 2024-05-10 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Sir Jim Ratcliffe, Manchester United co-owner, is banning remote work for the club's staff. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe billionaire co-owner of Manchester United, Sir Jim Ratcliffe, has told staff that he's banning work from home after key metrics were missed at one of his companies. In an all-hands video call last week, Ratcliffe told staff that they would need to start coming into the office or "seek alternative employment," The Guardian reported. The billionaire is coming in strong by shaking off the company's post-COVID flexible work policy to boost productivity.

Persons: Sir Jim Ratcliffe, —, Ratcliffe Organizations: Manchester United, Apple, Dell, Service, Guardian, 103rd, Business

☆ Success, not returns: Manchester United co-owner Jim Ratcliffe on his sole focus for the soccer club
▼ + stars: | 2024-02-23 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Jim Ratcliffe of INEOS meets members of the press ahead of the Premier League match between Manchester United and Tottenham Hotspur at Old Trafford on January 14, 2024 in Manchester, England. New Manchester United co-owner Jim Ratcliffe said on Friday that return on investment had nothing to do with his decision to invest in the English soccer giant. Ratcliffe's comments come shortly after the British petrochemicals billionaire and INEOS chief executive finally completed a deal to buy a minority stake in Manchester United. The Glazer family, which have owned Manchester United since 2005, retain a majority stake under the terms of the agreement. "And also, we have moved into consumer markets, you know certainly automotive is a huge consumer market obviously, and the INEOS name wasn't particularly well known so, through sport, obviously people are getting to know INEOS," Ratcliffe said.

Persons: Jim Ratcliffe, INEOS, Ratcliffe, Glazer, CNBC's Arabile, That's, we've Organizations: Premier League, Manchester United, Tottenham Hotspur, Old, New Manchester United, Ratcliffe's Locations: Old Trafford, Manchester, England, New

☆ A Billionaire Bought a Chunk of Manchester United. Now He Has to Fix It.
▼ + stars: | 2024-02-22 | by ( Tariq Panja | ) www.nytimes.com time to read: +1 min

The process was six months old and already starting to wear on Jim Ratcliffe, the British billionaire, the first time he brought out the Champagne to toast his purchase of Manchester United. Mostly, that was because any potential sale for United offered a tantalizing marriage of money, power and history: Mr. Ratcliffe, the wealthy chairman of INEOS, the petrochemicals giant, had supported Manchester United since he was boy. United, the most decorated club in English soccer, was one of the most iconic brands in global sports. And the Premier League, to which it belonged, was the richest soccer league in the world. United fans, eager to see their club shake off its unpopular owners, the Florida-based Glazer family, devoured it all.

Persons: Jim Ratcliffe, Ratcliffe, Ratcliffe’s, Glazer Organizations: Manchester United, Monaco, Prix, United, INEOS, Premier League Locations: Manchester, Florida

United’s goals, scored by Rasmus Hojlund and Marcus Rashford, were things of beauty at the start and end of the first half. Ratcliffe, the owner of petrochemicals giant INEOS, agreed last month to buy a minority stake in United and will take charge of United’s soccer operations. The deal requires Premier League approval, which Ratcliffe said Sunday he expects to come next month. “I have done a few exciting things," the British billionaire told media before kickoff, "but this caps it all. MISSED OPPORTUNITYAston Villa's players headed to Everton seeking a win to move level on points with league leader Liverpool, the team from just across Stanley Park.

Persons: Alex Ferguson, Jim Ratcliffe, Rasmus Hojlund, Marcus Rashford, —, Rodrigo Bentancur, Andre Onana, James Maddison, Son Heung, Yves Bissouma, Ratcliffe, “, ”, Ange Postecoglou, Timo Werner, Bentancur, Aston, Alex Moreno, Emiliano Martinez, Everton, ___ Steve Douglas Organizations: Manchester United, Tottenham, Premier League, United, England’s Champions, Spurs, Europe’s, ” Tottenham, Everton, Liverpool, Goodison, Villa, Manchester City Locations: Old Trafford, United, Germany, Stanley, Manchester, Villa

☆ Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
▼ + stars: | 2023-12-04 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the soccer club, Sky News reported Monday. He will also acquire 25% of current majority owners the Glazer family's B-shares which carry greater voting rights, according to the report. Manchester United shares were up 1.5% in morning trading Monday. Both Ineos and Manchester United have been contacted for comment.

Persons: George Best, Denis Law, Bobby Charlton, Jim Ratcliffe, Ratcliffe, Glazer Organizations: Manchester United, LONDON, Sky News, Ineos Locations: Old Trafford, Manchester, England

LONDON, Nov 22 (Reuters) - PetroIneos said on Wednesday it is preparing to shut down its Grangemouth oil refinery in Scotland to convert it into a fuels import terminal as it faces growing international competition. The 150,000 barrel per day refinery, Scotland's only oil refinery and one of six in Britain, is expected to continue operating until spring 2025, PetroIneos said in a statement. PetroIneos will soon start preparatory work to enable the future transformation of its Grangemouth refinery into a fuels import terminal, it said in a statement. The timescale for the shutdown is yet to be determined exactly but the preparatory work is expected to take around 18 months, with the refinery expected to continue operating until spring 2025. The plan includes converting the site of the refinery into a fuels import hub.

Persons: PetroIneos, Franck Demay, Ron Bousso, Louise Heavens, Jane Merriman Organizations: PetroIneos Refining, Grangemouth, Thomson Locations: Grangemouth, Scotland, Britain, Asia, Finnart, PetroChina, France

☆ Man United nears sale of 25% stake to Jim Ratcliffe for $33 a share -Sky News
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +4 min

The Glazer family announced last November that they were exploring "strategic alternatives" for the club, including a possible sale and were open to fresh investment. Manchester United's U.S.-listed shares rose 9.5% to $20.10 in early trading on Friday. Manchester United generates more revenue and has a larger fan base than its London rival. The Glazer family has faced intense criticism from fans over its handling of this key part of the club's operations. The six descendants of American businessman Malcolm Glazer, who died in 2014, currently control 96% of Manchester United's voting stock.

Persons: Glazer, Jim Ratcliffe, Ratcliffe, Sir Alex Ferguson, Richard Arnold, Roman Abramovich, Todd Boehly, Phil Noble, Malcolm Glazer, Ineos, Eva Mathews, Matt Scuffham, Arun Koyyur, Susan Fenton Organizations: Manchester, soccer, Sky News, Old, Manchester United, Premier League soccer, Chelsea, U.S, Clearlake, REUTERS, Reuters, Tampa Bay Buccaneers, Forbes, Ligue, Nice, Swiss Super League, FC Lausanne, Racing Club Abidjan, Ivory Coast Ligue, Grenadiers, Thomson Locations: Old Trafford, Manchester United's U.S, London, Manchester, Britain, Ineos, British, Bengaluru

☆ Man United nears $33 per share stake deal with Ratcliffe - Sky News
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

The offer represents a premium of 79.1% to the stock's Thursday closing price of $18.43, which gave the Old Trafford club a market capitalization of about $3 billion. Ratcliffe, also the chair of petrochemicals firm Ineos, would pay more than $1.5 billion for a 25% stake in United if his bid for the soccer club is accepted, Reuters reported in October. The Glazer family, which made its fortune in real estate, retail and healthcare and owns the NFL's Tampa Bay Buccaneers, bought the team for 790 million pounds in 2005. The six descendants of American businessman Malcolm Glazer, who died in 2014, together control 96% of Manchester United's voting stock. The deal was yet to be finalised and remained the subject of ongoing negotiations, Sky News reported on Friday.

Persons: Jim Ratcliffe, Phil Noble, Glazer, Ratcliffe, Malcolm Glazer, Richard Arnold, Patrick Stewart, Eva Mathews, Arun Koyyur Organizations: REUTERS, Manchester, soccer, Sky News, Old, U.S, Reuters, Tampa Bay Buccaneers, Premier League, Thomson Locations: Old Trafford, Manchester, Britain, United, Bengaluru

☆ Ratcliffe to invest extra $300 mln on top of 25% stake in Manchester United -source
▼ + stars: | 2023-11-03 | by ( Anirban Sen | Thomson Reuters | Anirban Sen Is The Editor In Charge For U.S. M A At Reuters In New York | ) www.reuters.com time to read: +2 min

Shares in United rose 4% to $18.85 on the news, which was first reported by Sky News. Manchester United declined to respond to a Reuters request for comment. Ratcliffe founded Ineos in 1998 and is the chemical group's chairman and chief executive officer, with a two-thirds stake. Record 20-time English champions, United have more than 650 million fans worldwide, according to market research firm Kantar. ($1 = 0.8110 pound)Reporting by Prerna Bedi in Bengaluru; Editing by Shinjini Ganguli, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Ratcliffe, Ratcliffe, Glazer, Qatar's Sheikh Jassim bin Hamad al, Ineos, Erik ten Hag, Prerna Bedi, Shinjini Ganguli, Kirsten Donovan Organizations: Premier, Sky News, Manchester United, Reuters, Forbes, Ligue, Nice, Swiss Super League, FC Lausanne, Racing Club Abidjan, Ivory Coast Ligue, Grenadiers, United, League, Premier League, Manchester City, Thomson Locations: Manchester, United, Qatar's Sheikh Jassim bin Hamad al Thani, Ineos, British, Bengaluru

☆ Erik ten Hag: Manchester United just can’t find winning formula under Dutch coach
▼ + stars: | 2023-11-02 | by ( Michael Johnston | ) edition.cnn.com time to read: +9 min

“It is below the standards you expect at Manchester United,” Ten Hag told reporters after Wednesday’s defeat. Rasmus Højlund joined Manchester United from Italian club Atalanta in August for a reported fee of $87.7 million. “You just can’t quite get the stability that Ferguson brought, and since then, people have come and gone,” Dutch football expert Michael Statham told CNN Sport. Manchester United manager Ten Hag has had a very public falling out with Jadon Sancho, who last played for the club in August. They are not thinking about strategic reviews or structures or whatever,” the United manager said before the Manchester derby on the weekend.

Persons: Erik ten Hag, Wednesday’s, Newcastle United –, Hag, “, they’re, “ You’re, Rasmus Højlund, Alex Livesey, Sir Alex Ferguson, Ferguson, Michael Statham, Mason Mount, John Walton, –, Mason Greenwood, Antony, Jadon Sancho, Ten Hag, Gareth Copley, Glazer, everpresent, Jim Ratcliffe, Jassim Bin Hamad Al, Sheikh Jassim, Ratcliffe, Michael Regan, Gary Neville, Erik, ” Neville, ”, Jamie Carragher, Lisandro Martínez, Johan Cruyff, that’s, ” Statham, Tyrell Malacia, Martínez, they’ve, Statham, Sancho, “ He’s, Erling Haaland, John Stones, Catherine Ivill Organizations: CNN, Manchester, English Premier League, Old, Manchester City, Newcastle United, Manchester United, of, Atalanta, United, CNN Sport, Chelsea, Spanish, Getafe, Arsenal, The Athletic, Qatari, Sky Sports, Getty, –, ” CNN, Dutch, Ajax –, Ajax, ”, humbling Locations: Old Trafford, Italian, Jassim Bin Hamad Al Thani, Europe, Liverpool, Argentine, Manchester United's Old Trafford, United, Newcastle

About five teams around Europe including Ineos Grenadiers are involved in the early-stage talks and more could join, the people said. Tour de France champion Jonas Vingegaard’s Jumbo-Visma team is also involved in the talks, one of them said. Amaury Sports Organisation (ASO) controls the Tour de France and La Vuelta while the Giro d'Italia is controlled by RCS Sports. This is not the first time cycling teams have explored a new cycling league project. Eight teams founded a league project called World Series Cycling (WSC) at the end of 2012 but the plans failed to materialise.

Persons: Jonas Vingegaard’s Jumbo, Spokespeople, EY, Amy, Jo Crowley, Anousha Sakoui, Julien Pretot, Andres Gonzalez, Elisa Martinuzzi, Hugh Lawson Organizations: Reuters, Ineos Grenadiers, de France, Partners, Formula, Tour de France, La Vuelta, Amaury Sports Organisation, La, RCS Sports, Thomson Locations: Europe

☆ Manchester United Shareholders May Have Scored After All
▼ + stars: | 2023-10-18 | by ( Jon Sindreu | ) www.wsj.com time to read: 1 min

British billionaire Jim Ratcliffe is the only remaining bidder for Manchester United soccer club. PHOTO: PETER BYRNE/ZUMA PRESSManchester United shareholders are acting like despondent soccer fans after video-refereeing technology disallows a goal. Yet they might still win the match. The British soccer club’s publicly traded Class A shares have lost roughly 10% of their value since the weekend, when it was widely reported that British billionaire Jim Ratcliffe is in talks to buy a 25% stake through his petrochemical company Ineos. The other bidder, Sheikh Jassim Bin Hamad al-Thani, chairman of Qatar Islamic Bank, dropped out.

Persons: Jim Ratcliffe, PETER BYRNE, ZUMA, disallows, club’s, Sheikh Jassim Bin Hamad Organizations: Manchester United soccer, ZUMA PRESS Manchester United, Qatar Islamic Bank Locations: Thani, Qatar

☆ Manchester United tumbles as Ratcliffe's stake bid report dents buyout hopes
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +2 min

Ineos Chair Jim Ratcliffe would pay over $1.5 billion for the stake in Manchester United if his bid for the soccer club is accepted by the Glazer family that controls it, Reuters reported on Sunday, citing a person familiar with the matter. "Investors are clearly reacting with disappointment to expectations the Qatar deal for Manchester United will not go through," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. "Expectations for a flood of fresh funding into Man U's coffers for a new stadium and new players are being revised." Jassim informed the Glazer family a few days ago that he will not raise his bid of more than $6 billion for Manchester United, which had a market capitalization of $3.26 billion as of Friday's close. Reporting by Sruthi Shankar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Ratcliffe, Qatar's Sheikh Jassim bin Hamad al Thani, Ineos, Glazer, Susannah Streeter, Hargreaves Lansdown, Jassim, Sruthi Shankar, Shinjini Organizations: Manchester United, Reuters, Premier League, Hargreaves, Thomson Locations: Qatar, Bengaluru

The move leaves the remaining bidder for Manchester United, Ineos chairman Jim Ratcliffe, in a stronger position. The exact value that Ratcliffe's bid infers on Manchester United could not be learned, but the sources said it was higher than Jassim's offer of more than $6 billion. Manchester United is currently valued by the stock market at $3.3 billion. Representatives for Jassim declined to comment while Manchester United and Ratcliffe representatives did not immediately respond to a request for comment. Record 20-time English champions, Manchester United has over 650 million fans worldwide, according to market research firm Kantar.

Persons: Phil Noble Livepic, Sheikh Jassim bin Hamad al Thani, Glazer, Jim Ratcliffe, Jassim, Ratcliffe, Todd Boehly, Malcolm Glazer, Alex Ferguson's, Erik ten Hag, Anirban Sen, Mrinmay Dey, Chizu Organizations: Soccer, Manchester United, Europa League, Friends, Reuters, Manchester United Plc, Representatives, Sky News, Chelsea Football Club, Clearlake, Tampa Bay Buccaneers, League, Manchester City, Thomson Locations: Stockholm, Sweden, Manchester, New York, Bengaluru

☆ Exclusive: Ratcliffe would pay more than $1.5 bln for 25% Manchester United stake-source
▼ + stars: | 2023-10-15 | by ( Anirban Sen | Thomson Reuters | Anirban Sen Is The Editor In Charge For U.S. M A At Reuters In New York | ) www.reuters.com time to read: +3 min

That is slightly higher than a rival offer from Qatar's Sheikh Jassim bin Hamad al Thani for $100% of the Premier League club. Manchester United is currently valued by the stock market at $3.3 billion. Sheikh Jassim informed the Glazer family in the last few days that he would not be raising his bid further. Ratcliffe has offered to be in charge of hiring and managing talent at Manchester United should his bid prevail, the source said. Manchester United and Ratcliffe did not immediately respond to a request for comment.

Persons: Jim Ratcliffe, Glazer, Qatar's Sheikh Jassim bin Hamad al, Sheikh Jassim, Ratcliffe, Malcolm Glazer, Ineos, Todd Boehly, Erik ten Hag, Anirban Sen, Greg Roumeliotis, Sandra Maler, Diane Craft Organizations: Manchester United Plc, Manchester United, Premier League, Tampa Bay Buccaneers, Forbes, Ligue, Nice, Swiss Super League, FC Lausanne, Racing Club Abidjan, Ivory Coast Ligue, Grenadiers, Chelsea Football Club, Clearlake, Manchester, League, Manchester City, Thomson Locations: Qatar's, Qatar's Sheikh Jassim bin Hamad al Thani, Manchester, Ineos, British, New York

☆ American Kuss crowned Vuelta champion, Groves wins in Madrid
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +4 min

The 29-year-old ended 17 seconds ahead of Denmark's Tour de France winner Vingegaard with Slovenia's Giro d'Italia winner Roglic one minute and eight seconds behind in third place. There was a celebratory mood amongst the Dutch team on the 101km 21st stage that concluded on a street circuit around the landmarks of Madrid. But the battle for the stage victory was a high-octane thriller as a small lead group featuring Groves and Remco Evenepoel was caught by the peloton in the final 500m. While Kuss celebrated the overall victory, Groves secured the green jersey for the points category -- the first Australian to achieve that in the Vuelta. When Kuss took the red jersey from Lenny Martinez (Groupama-FDJ) on stage eight, most thought he was just keeping it warm for either Vingegaard or Roglic.

Persons: Jumbo –, Sepp Kuss, Jumbo – Visma's Jonas Vingegaard, Australian Kaden Groves, Kuss, Jonas Vingegaard, Chris Horner's, Vingegaard, Groves, Remco Evenepoel, Filippo Ganna, Germany's Nico Denz, Lenny Martinez, Marc Reef, Sepp, Martyn Herman, Toby Davis, Hugh Lawson Organizations: Espana, Australian, de, Ineos, Giro, de France, Eurosport, Thomson Locations: Madrid, Spain, MADRID, Espana, Bora, Australian, Evenepoel

☆ Dainese escapes final km crash to win Vuelta stage 19, Kuss retains lead
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

Sept 15 (Reuters) - Alberto Dainese of Team DSM-Firmenich narrowly avoided a massive crash in the final kilometre to sprint to victory in stage 19 of the Vuelta a Espana on Friday while American Sepp Kuss of Jumbo-Visma finished safely in the peloton to retain the overall lead. Filippo Ganna was in the ideal position at the front and opened up the final sprint but Dainese timed his sprint to perfection to edge out his fellow Italian by milliseconds. Dainese said the victory was special as he is leaving the team for Tudor Pro Cycling next term. "Today I felt a lot of pressure because I knew it was the last opportunity for a sprint. Kuss, two stages away from winning his first Grand Tour, was all smiles as he retained the red jersey.

Persons: Alberto Dainese, Sepp Kuss, Visma, Kaden Groves, Filippo Ganna, Dainese, Jumbo, Dane Jonas Vingegaard, Kuss, Rohith Nair, Ken Ferris Organizations: DSM, Firmenich, Ineos Grenadiers, Bahrain Victorious, Tudor Pro Cycling, Thomson Locations: Movistar, Bahrain, Bengaluru

☆ Frenchman Soupe surprise winner of Vuelta stage seven
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

Sept 1 (Reuters) - Geoffrey Soupe came out on top in the predicted sprint finish to win a crash-ridden stage seven of the Vuelta a Espana on Friday. "I didn't think it was possible to win a stage because it's really, really, really fast in the sprint," Soupe said. "Yet today it's really nervous in the final (sprint), we have a lot of roundabouts, a lot of wind also. Groves, winner of stages four and five, managed to win the intermediate sprint to maintain his grip on the Green jersey. An earlier crash saw Geraint Thomas and Kim Heiduk of Ineos Grenadiers involved, with the Welshman needing treatment before returning to the bunch.

Persons: Geoffrey Soupe, Aular, Edward Theuns, Kaden Groves, it's, Soupe, Sepp Kuss, Thymen Arensman, Oliva, Ander Okamika, Jose Herrada, Herrada, Okamika, Groves, Frenchman Lenny Martinez, Marc Soler, Geraint Thomas, Kim Heiduk, Trevor Stynes, Ken Ferris Organizations: Ineos Grenadiers, Thomson Locations: Utiel, Burgos, Denia, Xorret

☆ Ineos Grenadiers rider De Plus out of Vuelta after TT crash
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +1 min

Aug 27 (Reuters) - Ineos Grenadiers rider Laurens de Plus failed to start the second stage of the Vuelta a Espana on Sunday after sustaining an injury in a rain-hit team time trial. De Plus crashed during the opening stage in Barcelona on Saturday and scans revealed he had suffered a fractured hip. "He underwent a range of imaging on an injury sustained to his right hip, which showed a non-displaced fracture," Ineos Grenadiers said in a statement. "A treatment plan for Laurens is currently being finalised and we look forward to him making a full and speedy recovery." The absence of Belgian De Plus is a blow to Ineos Grenadiers general classification contender Geraint Thomas as he would have been a domestique in the many mountain stages to come.

Persons: Laurens de, Ineos, Laurens, Geraint Thomas, Jumbo Visma, Jonas Vingegaard, Primoz, Martyn Herman, Ed Osmond Organizations: Ineos Grenadiers, Belgian, Thomson Locations: Barcelona

☆ Former Team Sky doctor Freeman banned for four years
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +2 min

LONDON, Aug 15 (Reuters) - Former British Cycling and Team Sky chief medical officer Richard Freeman has been banned from all sport for four years, effectively Dec. 21 next year, UK Anti-Doping (UKAD) said on Tuesday. "The decision of the independent tribunal of the National Anti-Doping Panel confirms that Richard Freeman broke the UK Anti-Doping Rules," said UKAD chief executive Jane Rumble. UKAD opened an investigation in 2016 after receiving information of a possible anti-doping violation by individuals linked to Team Sky at the Criterium du Dauphine race in June 2011. Freeman worked for British Cycling and Team Sky during a golden period of success between 2009 and 2017. British Cycling chair Frank Slevin noted the verdict and thanked the NADP for its work.

Persons: Richard Freeman, UKAD, Freeman, Jane Rumble, sachets, Sky, Frank Slevin, Richard Freeman’s, Alan Baldwin, Ed Osmond, Pritha Organizations: British Cycling, Team Sky, Sky, Criterium, Investigators, General Medical Council, Thomson Locations: British, Manchester, Ineos

☆ Chesapeake to complete Eagle Ford basin exit with SilverBow deal
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File PhotoAug 14 (Reuters) - U.S. natural gas producer Chesapeake Energy (CHK.O) said on Monday it would sell its remaining Eagle Ford assets to SilverBow Resources (SBOW.N) for $700 million, completing its exit from the south Texas basin. Chesapeake said last year it viewed the Eagle Ford acreage as no longer core to its strategy and would focus on the gas-rich Marcellus and Haynesville shale formations. The Oklahoma City-based energy producer also faced pressure from activist investment firm Kimmeridge Energy Management, which has urged a shift toward solely natural gas production. SilverBow said the deal, expected to close by the end of this year, would make it the largest public pure-play Eagle Ford operator and would immediately add to key financial and operating metrics. The deal consists of a $650 million upfront cash payment due at closing and an additional $50 million deferred cash payment 12 months after close.

Persons: Dado Ruvic, Chesapeake, Marcellus, boe, SilverBow, Arunima Kumar, Sriraj Organizations: Chesapeake Energy, REUTERS, Eagle Ford, SilverBow Resources, Energy, Oklahoma, Kimmeridge Energy Management, Chesapeake, Eagle, Thomson Locations: Texas, Eagle Ford, Dimmit, Webb, Chesapeake, Bengaluru

☆ Ganna beats tech guru Bigham to pursuit gold
▼ + stars: | 2023-08-06 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

For Ineos Grenadiers road powerhouse Ganna, twice the road time trial world champion, it was consolation after Olympic champions Italy lost in the final of the team pursuit to Denmark on Saturday. "Thanks to Dan for an amazing battle in this velodrome," the 27-year-old Ganna said after claiming his seventh track world title, six of them coming in the 4km individual pursuit. Aerodynamics guru Bigham was part of Britain's gold medal-winning team pursuit squad at last year's track worlds and is eyeing next year's Olympics in Paris. He worked with the Denmark team pursuit squad that won the 2020 world title in Berlin in a then world record time. The pair shared a warm embrace after the race with Bigham saying they had a 'mutual respect' for each other's skills.

Persons: Daniel Bigham, Filippo Ganna, Ganna, Dan, Bigham, Belgium's Victor Campenaerts, Ineos, Filippo, I'm, it's, I've, Lotte Kopecky, Belgium's, France's Valentine Fortin, Jennifer Valente, Iuri Leitao, Benjamin Thomas, Martyn Herman, Clare Fallon, Pritha Organizations: GLASGOW, Ineos Grenadiers, Olympic, Italy, Thomson Locations: Ganna, Denmark, Paris, Swiss, Berlin, Grenchen, Andorra, United States, American, Portugal

☆ Archibald leads British hopes as unique worlds begin on track
▼ + stars: | 2023-08-01 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

Aug 1 (Reuters) - The first edition of the combined UCI Cycling World Championships begins in Glasgow on Thursday with 11 days of high-octane action across virtually every discipline. Archibald, whose first ventures in track cycling were at the Glasgow velodrome, will be part of a British track team looking to flex their muscles ahead of the Paris Olympics. Britain were only fifth in the medals table at last year's track world championships in Paris with three golds -- the men's team pursuit, men's omnium and women's points race. Track world championships ahead of an Olympic Games can be cagey meetings, with the big nations sometimes reluctant to play their hands -- although the British team will be airing their cutting-edge Hope-Lotus track bike. Other events at the world championships include indoor cycling and a full para road and track programme.

Persons: Chris Hoy, Katie Archibald, Rab Wardell, Rab, Archibald, men's, Harrie Lavreysen, Filippo Ganna, Jonas Vingegaard, Remco Evenepoel, Wout van Aert, Jasper Philipsen, Tadej Pogacar, Mads Pedersen, Mathieu van der, Demi Vollering, van Vleuten, Lotte Kopecky, Lizzie Deignan, Beth Shriever, Charlotte Worthington, Tom Pidcock, Martyn Herman, Christian Radnedge Organizations: UCI, Glasgow, BBC, Paris, Olympic, Tour de France, de, Belgian, Femmes, Grenadiers, Tokyo, Thomson Locations: Glasgow, Scottish, omnium, madison, British, Britain, Paris, Italy, Sunday's, Edinburgh, Tokyo

☆ Project Wild Earth: This family of four has just embarked on a 5-year adventure around the world
▼ + stars: | 2023-07-21 | by ( Kate Springer | ) edition.cnn.com time to read: +11 min

They instantly connected and maintained a long-distance relationship for a year after his road trip ended before moving to Hong Kong to start a life together. During the project, dubbed “Project Wild Earth,” they will also share stories on their website and social media accounts about inspiring rangers, support organizations, government officials and entrepreneurs they work or come in contact with. Leah, an American, worked as a primary school teacher and helped establish a Sudbury school in Hong Kong that empowers children to direct their own education. The Priors found themselves stuck in Hong Kong, which had some of the strictest pandemic restrictions in the world due to its “zero-Covid” approach. “When these things unfolded in Hong Kong, we had to reconsider everything.

Persons: we’re, Matt, Leah Prior, Leah, Zapp, Graham, Paige, “ Leah, ” Matt, ”, “, AdventureX, Jack, Matt couldn’t, “ Jack, Sai Kung, “ It’s, Dr, Jane Goodall, Tompkins, Allen, –, Reinhard Dirscherl, Charlotte, they’ll Organizations: CNN, The Explorers Club, Sumy Sadurni, Getty, Allen Coral Atlas, Jane, Jane Goodall Institute and, Bank Locations: Charlotte, Laos, London, South Korea, Hong Kong, Europe, Central Asia, China, Southeast Asia, Asia, Pacific, Africa, Americas, American, Sudbury, British, Indonesia, Hong, New Territories, AFP, Patagonia, agroforestry

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