Intermodal Company Employs Experienced Leader to Support Mexico Intermodal Growth, Partners with Transplace Cross Border, North American Services

Celtic International today announced the appointment of Carlos Godinez as director for the company’s Mexico intermodal service. Godinez will be responsible for managing and developing the company’s business throughout the U.S. and Mexico, with an emphasis on Celtic Direct – a collaborative venture with third party logistics company Transplace to provide door-to-door intermodal service for U.S., Canadian and Mexican markets.

Prior to joining Celtic, Godinez served as commercial general manager for Schneider National de Mexico, where he was primarily responsible for customer relationships and country regional revenue, and profitability growth for multiple business units. Godinez’s other duties included customer service, operations, sales, pricing and lead generation. Previously, he was the transportation and logistics strategic senior purchasing manager for Procter & Gamble’s Latin America division.

“We are thrilled to have Carlos join our team,” said Celtic President Steve Golich. “He provides a vision that Celtic and Transplace need to grow and expand our intermodal business on both sides of the border.”

Transplace President & Chief Commercial Officer George Abernathy added, “Carlos brings more than 15 years of extensive experience that will benefit both Transplace and Celtic customers by allowing them to take advantage of the opportunities of intermodal services and better optimize transportation spend.”

About Celtic International

Celtic International is an industry leader in equipment management, systems and customer service. As one of North America’s largest Intermodal companies, Celtic provides the perfect balance between operations and pricing for customers of all types and sizes. Celtic provides highway brokerage services throughout the United States, Canada and Mexico; and it produces creative and innovative customer driven solutions with competitive advantages. Celtic’s attention to detail and award winning execution has been the foundation of their success. The company has been recognized by many customers as transportation provider of the year and a strategic transportation partner.

Please visit www.celticintl.com to learn more about Celtic International.

About Transplace

Transplace is a non-asset, North America-based third party logistics (3PL) provider offering manufacturers, retailers, chemical and consumer packaged goods companies the optimal blend of logistics technology and transportation management services. The company’s services and capabilities include Transportation Management Services, Intermodal, Brokerage and SaaS transportation management (TMS) solutions supplemented by supply chain network planning and design, transportation procurement and consulting services. The company is recognized among the elite global 3PLs for its proven ability to deliver both rapid return on investment and consistent value to a customer base that includes many of the largest shippers in the world.

Follow the company on Twitter, Facebook, Logistically Speaking Blog and the Transplace Blog:
http://blog.transplace.com
http://logisticallyspeakingblog.com
http://twitter.com/transplace
http://www.facebook.com/transplace

Outlook Marketing Services
Steve Dye, 312-957-8911
This email address is being protected from spambots. You need JavaScript enabled to view it.
Transplace
Kecia Gray, 214-697-3354
This email address is being protected from spambots. You need JavaScript enabled to view it.

Every new technology has skeptics at first, and self-driving cars are no exception. I am fully willing to hear these skeptics out, but the most common complaints today are just far too short-sighted to be taken seriously. What they miss is that big new technologies don’t just adapt to the world, but the world adapts to them.

A new piece by Lee Gomes at Slate provides an excellent example of how the skeptics go wrong. He rehashes some well-worn complaints which I’ll address one-by-one, and show how they reflect a far too narrow and static vision of the future.

First, Gomes complains that self-driving cars will require extremely detailed maps that are expensive and difficult to create:

Since maps are one of the engineering foundations of the Google GOOGL -0.85% car, before the company’s vision for ubiquitous self-driving cars can be realized, all 4 million miles of U.S. public roads will be need to be mapped, plus driveways, off-road trails, and everywhere else you’d ever want to take the car.

This assumes that the information will continue to be pulled by the car companies rather than being pushed by the government. If this technology can demonstrate that it works and saves lives, you can imagine detailed up-to-date mapping of the roads being a task the government takes. After all, you can’t build or alter a road without government approval already, and they spend billions of dollars of years keeping them maintained. So in terms of the scope of the work the government already does on roads and automobile infrastructure, this would be only a marginal increase in cost and responsibility for them.

This is closely related to Gomes’ next complaint, which is that the mapped information needs to be highly up-to-date:

“Considering all the traffic signals, stop signs, lane markings, and crosswalks that get added or removed every day throughout the country, keeping a gigantic database of maps current is vastly difficult. “

Again, you don’t put up a traffic signal without government approval, so having the government make a widely available digital record of this before the change hits the real world doesn’t seem so drastic or unimaginable. Gomes argues signs and signals are change far too quickly, and quotes an electronic road sign company that says their portable construction signs are often “simply towed to a site and turned on”. Is it really so difficult to imagine these sign companies being required to upload the GPS coordinates of these signs to a government database before they turn them on?

All these mapping concerns make a huge assumption about the world, which is that roads and signals will remain designed to be seen by humans. Instead, roadways and signage could be required to emit some kind of signal that self-driving cars can easily detect, some kind of digital lighthouse… Or something like that. I’m not an engineer, so I won’t get bogged down in the details of this. The point is it’s crazy to think that the signs and signals that inform drivers must forever be designed with their visibility to humans and not machines as the only concern. It’s easy to imagine how even roads could be adapted to be more easily seen by machines. Is there a kind of paint that could be used on the lines that machines can see much more easily? Again, just spitballing here. But imagining ways the world could adapt to self-driving cars is a better way to think about current difficulties than assuming they will remain insurmountable or only solved by better machines.

The author also complains that self-driving cars can’t operate in the snow. This is a humorously ironic complaint since the inability to drive in the snow was one of the reasons why automobile skeptics claimed that they would never replace horses. In the late 1800s and early 1900s there were a lot of environmental problems that gave horses an advantage. Early roads were made of dirt and would turn to mud that cars could not handle but horses could. It’s clear in retrospect that a massive change to infrastructure was necessary for cars fully replace horses. Evenly graded stone or paved roads would need to become ubiquitous for cars to truly replace horses. When you consider the scale of the change that society needed to make the move from horses to automobiles it really makes the changes self-driving cars require seem quite minor in comparison.

Automobiles weren’t the only technology that required big changes in infrastructure to really replace existing technologies. Compare the work that needed to be done for electricity and telephones to replace the oil lights and telegrams. In comparison self-driving cars mostly need roads, signs, and other cars to simply communicate with them better. Not that big of an ask when you consider the tens of thousands of lives that will saved.

Complaining that self-driving cars can’t see the existing infrastructure as easily as humans is like complaining that automobiles can’t handle dirt roads as easily as horses. It’s a backwards looking complaint that wrongly assumes new technology must adapt to a static world instead of a dynamic world adjusting to the technology

[readon1 url="http://www.forbes.com/sites/modeledbehavior/2014/10/25/note-to-the-skeptics/"]Source:www.forbes.com[/readon1]

A view of photographs by Brazilian Sebastiao Salgado during the presentation of his photo exhibition entittled 'Genesis' at the CaixaForum in Barcelona, north-eastern Spain, 22 October 2014. The display features some 245 b&w photographs depicting landscapes, animals and inhabitants who have survived the modern world. The exhibition runs from 23 October 2014 to 08 February 2015. EFE/Andreu Dalmau

The Spanish city of Barcelona will start on Wednesday hosting an exhibition of photographs by Sebastiao Salgado, in which he reveals his vision for the world through his camera. He also shows his newest project, "Genesis," in which he shows the "most pristine" world and visually honors a fragile planet which he believes that "we should, together, have the duty to preserve."

In the exhibition that will last until Feb. 8, visitors can visit the premises of CaixaForum Barcelona hall, and see portions of Planet Earth ranging from Antarctica, Siberia, through Botswana, Madagascar and the Galapagos. Visitors can also see rivers, forests and volcanoes through 245 photos he captured through the "Genesis" project, which focuses on man's practices toward nature.

"We abandoned our planet," Salgado said, "It is necessary to abandon those practices if we wanted to survive as a species."

The exhibit is the product of 32 trips he made in eight years over land, sea and air, taking photos that reveal how exploitation of workers and immigration affected nature.

In the black and white photos, Salgado shows elephant seals, penguins, flamingos, wide-eyed lemurs and a leopard hunting an impala.

Salgado's camera also captured human gatherings, such as men from the Holi ethnicity who use decorative human hair wigs; members of Yali ethnicity, covering their penises with dry leaves; and African mursis, the last women in the world to carry plates in their lips.

Salgado also took photos of a storm in the mountains of Makay, the currents of the Colorado rivers and the Pantanal, one of the largest wetlands in the world.

Salgado, through the expo, aims to inform the public about areas which are still remote from the civilized world, and stress that the planet still has vast and far areas where nature reigns supreme.

Lelia Wanick Salgado, the photographer's wife, who belongs to a family of Brazilian original natives, said assembling this collection of photos, which is segmented by geographical area, was very difficult.

Salgado seemed happy to return to Barcelona, as he said it was the second European city he visited after Lisbon in 1969. He said that he started taking the photos after suffering "serious psychological problems" after years of being at the "peak of the wave of the historical movement."

The photographer, who studied Economics, left his hometown in Brazil to a cattle farm in the valley of the Rio Doce, in the state of Minas Gerais, and there he found "a degraded land", so he began working in reforestation.

"To have a modern society we destroyed everything, which is a huge contradiction." he added. He noted that he works on several projects with environmental workers in Brazil.

Shakira is partnering with Fisher-Price to launch a line of baby toys as well as a Web series for moms.

The Mattel, Inc.-owned company announced Friday that the First Steps collection of toys and baby gear would be available in November. Shakira co-developed six products, including a bouncer that plays music, alphabet blocks and a musical soccer ball, an ode to her soccer-playing boyfriend Gerard Pique, who plays for FC Barcelona.

All of the proceeds will benefit her Barefoot Foundation, which provides education and nutrition to children in impoverished areas of her native Colombia. Pre-order on Amazon for the products begins Monday.

Geoff Walker, executive vice president of the Fisher-Price Global Brands Team, said in an interview Thursday that Shakira contacted the company about collaborating. The Grammy-winning singer, who is pregnant and is the mother of 21-month-old Milan, is the first celebrity Fisher-Price has partnered with.

"She brings in both authenticity and emotion, and I think that's why this is such an exciting moment," Walker said.

With her foundation, one of Shakira's main initiatives has been early childhood development, which attracted Fisher-Price to the global star, Walker said.

"I saw how important developmental milestones are and how toys can help babies reach them — including with my own son," Shakira said in a statement. "I wanted to design a line of toys that stimulated development in the crucial early stages of life, the stages in which learning can be achieved through supervised play, fostering the development of psychological, social and motor skills."

The 12-part Web series debuts Monday and targets millennials. Some of the episodes, three to five minutes long, will feature her son.

Shakira is one of the most popular celebrities on social media. She is the first person to reach 100 million likes on Facebook.

Walker said as a result of the collaboration, Fisher-Price would be open to more celebrity partnerships.

"It's about finding an authentic mom that is relevant to the millennial crowd," he said.

[readon1 url="http://latino.foxnews.com/latino/entertainment/2014/10/24/shakira-is-partnering-with-fisher-price-to-launch-baby-toy-line/"]Source:latino.foxnews.com[/readon1]

Puerto Rican singer Ricky Martin objected Friday to a federal judge's decision to throw out a suit filed by several gay couples requesting that their marriages contracted in the United States be recognized on their home island.

"I regret the decision in Puerto Rico on #equalmarriage, but I know we will win an appeal. All rights for all loves," the artist said on his Twitter account about the ruling of federal Judge Juan Perez Gimenez.

The judge dismissed this week the plea entered by activist Ada Conde and her spouse, Ivonne Alvarez, soon joined by other couples seeking to have declared unconstitutional Article 68 of the Puerto Rican Civil Code, which defines marriage exclusively as a union between a man and a woman.

Martin's reaction was echoed by Amnesty International's local executive director, Pedro Santiago, who said in a communique Thursday that the judge's decision is discriminatory and violates the human rights of gays and their families.

He recalled that the Universal Declaration of Human Rights establishes that all people are born free and equal in human dignity and rights, and that includes the right to their own identity, to form a family and not be discriminated against.

But in the judge's opinion, "The Constitution of Puerto Rico mentions no right to same-sex marriage, so that the Associated Free State (of Puerto Rico) is not obliged to acknowledge such unions." 

[readon1 url="http://latino.foxnews.com/latino/lifestyle/2014/10/24/ricky-martin-regrets-court-ruling-against-gay-marriage-in-puerto-rico/"]Source:latino.foxnews.com[/readon1]

Lupita Nyong'o arrives at the Oscars ceremony on March 2, 2014014. (AP)

"Twelve Years a Slave" actress Lupita Nyong'o is lending her star power to the opposition to a minor league baseball stadium in what was once the center of Richmond's thriving slave-trading center.

Nyong'o has been posting anti-stadium opinions on social media to her millions of followers, and has personally appealed to Mayor Dwight C. Jones to withdraw support of the stadium that is the centerpiece of an economic development project.

"Evidence of America's slave history simply must be preserved, as the legacy of slavery affects all American people," she wrote in a letter dated Oct. 19 to Jones.

In response, Jones invited Nyong'o to visit the former capital of the Confederacy to see Shockoe Bottom and plans to preserve its slave-trading past.

"Our plans show where we want to invest in that history and lift that history up for future generations to learn from," Jones wrote.

The stadium-centered project is proposed for Shockoe Bottom, the city's oldest neighborhood and once the bustling center of the slave-trade. By some estimates, more 300,000 men, women and children were jailed, bought and sold in the Bottom and shipped throughout the Southern states in the decades leading to the Civil War.

The stadium proposal has unleashed pent-up frustration among those who believe the city has literally buried that shameful chapter of its history. The area is now home to nightclubs, restaurants, former tobacco warehouses transformed into townhouses and parking lots.

Nyong'o has a "12 Years a Slave" connection to the neighborhood. The celebrated film depicts the life of Solomon Northrup, who is kidnapped and sold into slavery. He is initially held in a Shockoe Bottom jail where slaves were chained before they were sold to growers in the Deep South.

Nyong'o was recruited for the campaign by the National Trust for Historic Preservation, which listed Shockoe Bottom in June as one of America's 11 Most Endangered Historic Places.

"We see Shockoe Bottom as not just a state of Virginia treasure, but a national treasure," the trust's president, Stephanie Meeks, said in an interview Tuesday. The campaign, she said, is part of the trust's efforts to raise awareness about often-overlooked historic resources related to the experiences of black, Hispanic and other minority Americans.

While she stressed that the trust is not opposed to development, Shockoe Bottom's history should be acknowledged and recognized.

"Much of what was there has been destroyed and what is there is buried," Meeks said. "We'd like to have a comprehensive archaeological exploration of this site."

Meeks said the trust reached out to "some friends in the film industry" who suggested Nyong'o might be interested in the Shockoe Bottom campaign.

"She chose communicating to her nearly 4 million followers through Facebook, Instagram and Twitter," Meeks said. The idea was to raise the issue to "the national consciousness and a national discussion."

Nyong'o has been briefed on the issue and has posted her own comments.

The stadium was proposed as part of a development that would include a slavery museum, hotel and apartments.

[readon1 url="http://latino.foxnews.com/latino/entertainment/2014/10/24/oscar-winner-lupita-nyongo-uses-her-star-power-to-fight-use-slave-trade-site-as/"]Source:latino.foxnews.com[/readon1]

Marcos de Quinto has been at Coca-Cola Co. since 1982, working in several marketing roles, and in his current role as president of the Iberia Business Unit and VP, Europe Group, since 2000. The company veteran, whose experience includes building the Iberian Business Unit into “one of our best marketing centers of excellence worldwide,” according to Coca-Cola CEO Muhtar Kent in a statement, now will pull from that experience as he succeeds retiring CMO Joe Tripodi.

Tripodi assumed the top marketing spot in 2007 after serving as CMO of Allstate ALL +0.31% Insurance Co., and before that, in CMO roles at The Bank of New York, Seagram Spirits & Wine and MasterCard MA +1.19% International.

“We need to be on the leading edge of the new frontier,” Tripodi had told me in an interview at the Cannes Lions International Festival of Creativity two years ago.

Referencing the company’s global efforts, including the well-regarded “Open Happiness” campaign launched under his watch, Tripodi said, “Our role is, how do you preserve that local genius with some kind of global overlay of what the brand stands for?”

Tripodi’s retirement and de Quinto’s appointment, effective Jan. 1, follow the beverage company’s most recent report of lower quarterly profit on slowed sales.

Jennifer Rooney
Forbes Staff

[readon1 url="http://www.forbes.com/sites/jenniferrooney/2014/10/23/new-coca-cola-cmo-brings-global-experience-to-top-marketing-post/"]Source:www.forbes.com[/readon1]

We could be the last Latin American and Caribbean generation living together with hunger.”

The assertion, made by Raúl Benítez, a regional officer for the Food and Agriculture Organisation of the United Nations (FAO), shows one side of the coin: only 4.6 percent of the region’s population is undernourished, according to the latest figures.

By 2030, however, most of the countries in the region will face a serious risk situation due to climate change.

With almost 600 million inhabitants, Latin America and the Caribbean has a third of the world’s fresh water and more than a quarter of its medium to high potential farmland, points out a book published this year by the Inter-American Development Bank in partnership with Global Harvest Initiative, a private-sector think-tank.

It is the largest net food-exporting region, while it uses just a fraction of its agricultural potential for both consuming and exporting.

But almost a quarter of the region’s rural people still live on less than two dollars a day, and the region is prone to disasters (earthquakes, hurricanes, floods and droughts), some of them exacerbated by climate change.

Global warming poses serious challenges to the international community’s goal of eradicating poverty and hunger. Changes in rainfall patterns, soils and temperatures are already stressing agricultural systems.

Currently, more than 800 million people worldwide are at risk of hunger. Through its devastating impact on crops and livelihoods, climate change is predicted to increase that number by as much as 20 percent by 2050, according to a recent United Nations report.

Changes in temperature and rainfall patterns could lead to food price rises of between three percent and 84 percent by 2050, thereby feeding a vicious cycle of poverty and inequality.

Oxfam reports that in the more extreme scenarios, heat and water stress could reduce crop yields by 25 percent between 2030 and 2049.

Climate change is likely to impact mostly small and family farmers, who produce more than half the food in the region and have inadequate resources with which to deal with unpredictable weather.

Despite this looming threat, strategies for sustainability are far from clear. Regional drivers of growth are export-oriented commodities, and while some sectors have advanced in added value, technology and innovation, natural resources exploitation is still the key of the whole regional boom.

By 2011, raw materials and commodities accounted for 60 percent of regional exports, compared to 40 percent in 2000. At the same time, this growth of commodities exports led to a replacement of domestic manufactures by imported goods, affecting manufacturing industries in the region.

In rural areas, conflicting models of small farming and extensive monocultures based on genetically modified seeds compete for the land in a David versus Goliath fight.
In Paraguay, the fourth largest exporter of soybeans in the world, 1.6 percent of owners hold 80 percent of the agricultural land. In Guatemala, eight percent of producers own 82 percent of farmlands, while 80 percent of productive land in Colombia is in the hands of 14 percent of landowners, according to Oxfam.

Agriculture and related deforestation are major sources of greenhouse gasses (GHG) in Latin America, though other sources are growing rapidly. Brazil, for example, is joining the club of big polluters, with the burning of fossil fuels accounting for the majority of its GHG emissions in the last five years.

As the extractive industries grow, they demand more highways, railroads and ports, putting pressure on governments to avoid the so-called logistics blackout.

Energy demand is increasing too, not only from industries, but also from millions of people lifted out of poverty, and thus with larger consumption needs. The region’s energy demand for the period 2010-2017 increases at an annual rate of five percent.

The region is poised to cross a new fossil fuel frontier, when Argentina, Brazil and Mexico overcome their own political, financial and technical challenges to exploit substantial reserves of unconventional hydrocarbons, like the Argentinian Vaca Muerta geological formation or the pre-salt layer located in the Brazilian continental shelf.

It is difficult to argue that a region so rich in natural resources has no right to thrive on the demand and supply of commodities, particularly when the resulting fiscal revenues have allowed impoverished countries like Bolivia to drastically reduce extreme poverty numbers (from 38 percent in 2005 to 20 percent in 2013).

However, experts warn this path is unsustainable and climate change impacts, felt across the region, can undermine any social gain.

In Guatemala, the worst drought in 40 years is putting 1.2 million people at risk of suffering hunger in the next months. Those who suffer the worst impacts of unsustainable development models will ironically be those who contribute the least to global warming.

A recent U.N. document summarising actions for the follow-up to the programme of action adopted at the 1994 International Conference on Population and Development (ICPD) found that only about a “third of the world’s population could be considered as having consumption profiles that contribute to emissions.”

Fewer than one billion of them have a significant impact, while “a smaller minority is responsible for an overwhelming share of the damage,” the report added.

Still, it will be the poorest people who will bear the brunt, and Latin America, dubbed ‘the next global breadbasket’, is in desperate need of strong local and global action towards the goal of achieving sustainable development in the next decade.

[readon1 url="http://world.einnews.com/article/230537333"]Source:world.einnews.com[/readon1]

A new wine brand, Gehricke, has been born in Sonoma. The inaugural release is the Gehricke 2012 Los Carneros Pinot Noir, a small lot wine from brothers-in-law August Sebastiani and Kendrick Coakley, two Sonoma County wine guys inspired by both the history and viticulture of Sonoma.

"Growing up in Sonoma, we spent a lot of time exploring the area. I have memories of discovering places, and memories of old dusty roads that led to forgotten vineyards and properties... Gehricke is a tribute to one such road," said August Sebastiani, Gehricke Wines Proprietor and President of The Other Guys. "Today, my brother-in-law Kendrick Coakley and I explore rural, premium wine sub-regions throughout Sonoma County, seeking fruit from the finest vineyards. We are meticulous in this effort. With Gehricke we are focused on producing small-lot wines made with minimal intervention, and a true representation of the sourced appellation."

The Gehricke 2012 Los Carneros Pinot Noir, made from 100% Carneros Pinot Noir, has immediately received rave reviews including a 95-point rating from The Tasting Panel Magazine, as well as a 91-point score from Wine Enthusiast Magazine. It was gently pressed and then underwent an extended maceration before being fermented in small lots, which resulted in complex aromas and flavors. It was aged for nine months in French oak before the limited production of just 1,050 cases were released.

"Our inaugural release from Gehricke presents a translucent, bright crimson color and aromas of red fruit, smoky earth undertones and meaty leather, with a hint of white pepper. A velvety mouthfeel opens up to explosive flavors of juicy raspberries and strawberries, blended with subtle notes of cocoa powder. A tinge of anise is complemented by appreciable spice and well-integrated oak structure. The mid-palate is smooth, followed by lingering mild acidity and a memorable finish," said Winemaker Kendrick Coakley.

The new Gehricke 2012 Los Carneros Pinot Noir has an SRP of $40, and is available in premium restaurants and retail outlets in select regional markets across the United States.

The Other Guys - Laid-Back Guys, Stand-Out Wines - is a family-owned wine company based in Sonoma, California. August Sebastiani, who leads The Other Guys, is a member of the Sebastiani Family that has been making wine in Sonoma for more than 115 years. The Other Guys portfolio of California wines includes evolving brands such as Leese-Fitch, Pennywise, Plungerhead, Hey Mambo, Moobuzz and The White Knight. The wines from The Other Guys are everyday luxuries available nationally. For more information visit www.TOGWines.com, on Facebook at www.facebook.com/togwines or follow on Twitter @TheOtherGuys.

[readon1 url="http://www.24-7pressrelease.com/press-release/family-memories-of-sonoma-inspire-new-wine-brand-395624.php"]Source:www.24-7pressrelease.com[/readon1]

The Guadalupe well was drilled by Transocean's Discoverer India deepwater drillship. (Photo: Business Wire)

Chevron Corporation (NYSE:CVX) today announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 miles off the Louisiana coast in 3,992 feet of water and was drilled to a depth of 30,173 feet.

“The discovery further demonstrates Chevron’s exploration capabilities,” said George Kirkland, vice chairman and executive vice president, Upstream, Chevron Corporation. “Guadalupe builds on our already strong position in the deepwater U.S. Gulf of Mexico, a core focus area where we expect significant production growth over the next two years.”

“The Guadalupe discovery adds momentum to our growing business in North America,” said Jay Johnson, senior vice president, Upstream, Chevron Corporation. “Our deepwater exploration and appraisal program continues to unlock important resources in the Gulf of Mexico.”

“Chevron subsidiaries are among the top producers and leaseholders in the Gulf of Mexico, averaging net daily production of 143,000 barrels of crude oil, 347 million cubic feet of natural gas, and 15,000 barrels of natural gas liquids during 2013,” said Jeff Shellebarger, president, Chevron North America Exploration and Production Company. “The company expects additional Gulf of Mexico production from the Tubular Bells and Jack/St. Malo projects by the end of the year.”

Chevron subsidiary Chevron U.S.A., Inc. began drilling the Guadalupe well in June 2014. More tests are being conducted on the discovery well and additional appraisal wells will be needed to determine the extent of the resource.

Chevron U.S.A., Inc., with a 42.5 percent working interest in the prospect, is the operator of the Guadalupe discovery well. Guadalupe co-owners are BP Exploration & Production, Inc. (42.5 percent) and Venari Resources LLC (15 percent).

Chevron is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide. The company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemical products; generates power and produces geothermal energy; and develops the energy resources of the future, including biofuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.

Cautionary Statement Relevant to Forward-Looking Information for the Purpose of “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995.

Some of the items discussed in this press release are forward-looking statements about Chevron. Words such as "anticipates," "expects," "intends," "plans," "targets," "forecasts, " "projects," "believes," "seeks," "schedules," "estimates," "may," "could," "budgets," "outlook" and similar expressions are intended to identify such forward-looking statements. The statements are based upon management's current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are changes in prices of, demand for and supply of crude oil and natural gas; actions of competitors; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s net production or manufacturing facilities or delivery/transportation networks due to war, accidents, political events, civil unrest, or severe weather; government-mandated sales, divestitures, recapitalizations and changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; and general economic and political conditions. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

[readon1 url="http://world.einnews.com/article/230707552"]Source:world.einnews.com[/readon1]

The death of the illustrious designer Oscar de la Renta has touched the hearts of his greatest fans around the world.

His longtime friend and singer Julio Iglesias paid tribute to the late 82-year-old designer who died Monday night after a long battle with cancer.

“Oscar, my soulmate. Now who’s going to tell me about the nice things in life, who will give me advice?” Iglesias wrote on Twitter with a photo of the two.

The duo have been friends for many years, both having neighboring homes in the beach resort area of Punta Cana, Dominican Republic.

Iglesias, 71, took part in a celebration to honor De La Renta with the Medal of Excellence this past May in New York.

At the time, De la Renta called the singer “like a brother.”

“I imagine you’ve taken with you the sea of Punta Cana, the sea of memories, the sea of joy, the sea of magic, the sea that you invented,” Iglesias continued in his tribute. “There will not a day in my life that the sea you brought to me will not return a smile for you. I love you forever.”

De la Renta died in his home in Connecticut surrounded by family, friend and “more than a few dogs,” according to a handwritten statement signed by his stepdaughter Eliza Reed Bolen and her husband, Alex Bolen.

"While our hearts are broken by the idea of life without Oscar, he is still very much with us. Oscar's hard work, his intelligence and his love of life are at the heart of our company," the statement said. "All that we have done, and all that we will do, is informed by his values and his spirit."

Monday night also marked the start of Fashion Week in Santo Domingo, Dominican Republic. In a pre-planned honor, the Hotel Santo Domingo inaugurated a room named after De la Renta.

Oscar de la Renta: Romance on the runway

The Dominican-born designer, Oscar de la Renta, dressed first ladies, socialites and Hollywood stars for more than four decades. He was a pioneer in spinning dreams out of lace, taffeta and organza.

The Associated Press contributed to this report.

French oil company Total has confirmed the death of its chairman and CEO, Christophe de Margerie, in a crash between his private plane and a snowplow at Moscow international airport.

Three members of the plane's crew were also found dead at the scene of the accident.

Russian officials said they had already established that the snowplow driver was drunk but would also consider other possible causes such as pilot and air traffic control error.

"The thoughts of the management and employees of the group go out to Christophe de Margerie's wife, children and loved ones as well as to the families of the three other victims," Total said in a statement.
The Kremlin said that President Vladimir Putin had sent a telegram to his French counterpart, Francois Hollande, to express his condolences.

In the message, Putin praised de Margerie for his role in laying the foundation of "long time fruitful cooperation between France and Russia in the energy sector."

Total is a major shareholder in Novatek, Russia's largest independent natural gas producer.
De Margerie attended Putin's annual economic showcase in St. Petersburg in May, ignoring calls for a boycott over the crisis in Ukraine.

But the shooting down of a Malaysian airliner over eastern Ukraine in July prompted Total to suspend buying more shares in Novatek, with which it is planning to develop a massive liquified natural gas reserve in Siberia.

De Margerie joined Total right after finishing university in 1974. He has held several positions with the company, including a job leading its Middle East operations. He was named CEO in 2007, and appointed Chairman in 2010.

• Charles Riley and Mark Thompson contributed to this article.

[readon1 url="http://money.cnn.com/2014/10/20/investing/total-ceo-dies/index.html?hpt=hp_t4"]Source:money.cnn.com[/readon1]