first_imgActing NCUA Chairman J. Mark McWatters is asking the CFPB to use its powers to exempt credit unions from certain agency rules, particularly mortgage reporting requirements.In a Wednesday letter to CFPB Director Richard Cordray, McWatters also asks the agency to issue clear guidance to credit unions concerning the CFPB’s use of its powers to take enforcement actions based on Unfair, Deceptive or Abusive Acts or Practices.“Such regulatory relief would lessen the financial burden on the credit union community, thereby enhancing the capital positions of credit unions and the NCUA’s efforts to ensure the safety and soundness” of the agency’s share insurance fund McWatters stated in his letter.Credit unions have long complained that the CFPB has not used its powers to exempt certain financial institutions from its rulemaking.  In October, then-NCUA Chairman Rick Metsger told Cordray that the NCUA, and not the CFPB, should regulate payday lending by credit unions. continue reading » 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

first_imgJosh Smith began to play around with the idea and got the rest of the engineering team involved. Raymond is manufacturing 2,000 of these face sheild kits, and will donate them to Hospitals in the Binghamton area, Norwich and even select nursing homes. The company has already distributed 1,000 of face shields. Raymond then fired up three of their 3D printers and, using 3D filament, began to print and assemble face shield kits. GREENE (WBNG) — The Raymond Corporation fired up a few of their 3D printers and have started to print face shields for health care workers and nursing home workers. The idea started from an Engineer Josh Smith, his mother, who is a nursing professor at SUNY Morrisville, asked if Raymond could print face shields for her. “We had 3 different printers we could fire up all at once, taking some simple spools of plastic 3D filament and producing these things, the actual mask itself the face shield part is food grade plastic sheeting, it ends up being a pretty simple thing, you can see what it looks like, its nothing complicated,” said Michael Field, the President and CEO of the Raymond Corporation.last_img read more

first_imgAustralia’s BHP, formerly known as BHP Billiton, has entered into a new gas supply agreement with its compatriot AGL Energy for the supply of natural gas from BHP’s Gippsland Basin, off Victoria. AGL said on Thursday that the gas supply agreement with BHP Billiton Petroleum (Bass Strait) was for 78 petajoules (PJ) of natural gas from the Gippsland Basin, Victoria.The GSA is for a period of 3.25 years, starting in April 2020, and it will support AGL’s continued supply of its New South Wales and Victorian gas customers, the company said.BHP, along with its JV partner and operator ExxonMobil, has produced oil and gas from Bass Strait over the past 40 years. The Bass Strait operations are located between 25 and 80 kilometers off the southeastern coast of Australia.According to ExxonMobil, there are now 23 offshore platforms and installations in Bass Strait which feed a network of 600km of underwater pipelines.More recently, the Kipper gas field under the Kipper Unit Joint Venture (operated by Esso Australia) has brought online additional gas and liquids production that are processed via the existing Gippsland Basin Joint Venture facilities.The Kipper Tuna Turrum (KTT) project encompasses three fields in Bass Strait that hold an estimated 1.6 trillion cubic feet of gas, plus 110 million barrels of oil and gas liquids.Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.last_img read more