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Red Hat, Lord Wandsworth College and University of Surrey Collaborate to Enthuse and Educate UK School Children on Applying Open Source to Solve Real Problems

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Red Hat, Lord Wandsworth College and University of Surrey Collaborate to Enthuse and Educate UK School Children on Applying Open Source to Solve Real Problems

Second annual Open Schools Coding Competition grand final to take place on 26 June 2018

LONDON, UK –Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced it is collaborating with Lord Wandsworth College (LWC), an independent school for girls and boys aged 11 to 18, and the University of Surrey, a  public research university specialising in science, engineering, medicine and business, on the Open Schools Coding Competition, designed to inspire the next generation of coders and software developers. In so doing, the competition hopes to contribute to building the UK’s digital talent pool.

The competition is now in its second year, with 10 schools and approximately 100 students in in the UK taking part. The competition aims to engage children ahead of making their subject choices for GCSE, so is open to Key Stage 3 students. It challenges teams of students to use any free visual programming environment to create a gaming app that will help a charity of their choice. The competition enables participants to apply the basic principles of open source software development and open collaboration to solve a real world problem, in a fun and competitive environment, with the opportunity to win a prize for their team and recognition for their school. In choosing a charitable cause, each student can gain a sense of how they can use digital skills to make their own contribution to addressing societal challenges, and how open source technology and methodology can drive positive change in the world.

The competition will conclude in a grand final taking place on 26 June at the University of Surrey, where the teams will demonstrate their apps. As well as receiving feedback from the Red Hat judges, who are experienced software programmers, the teams will exchange techniques and ideas with each other and talk about how they overcame any problems. Additionally, the teams will benefit from hearing from recent Science, Technology, Engineering and Maths (STEM) graduates, who are currently on Red Hat’s graduate programme in the UK. The winning team will be announced at the event.

There is a growing need in the UK for digital skills, and efforts to close this gap can start from when children are in school. In 2017 there were 2.1 million UK jobs in the digital tech economy, according to the 2018 Tech Nation Report. An estimated 1.2 million more people with specialist digital skills are needed by 2022 according to the UK government, yet access to talent is a top challenge for doing business as identified by 55 percent of communities surveyed by Tech Nation. Through the competition, Red Hat, Lord Wandsworth College and University of Surrey hope to emphasise the opportunities and enjoyment children can gain from STEM , help them understand how open collaboration can help solve problems faster, and contextualize classroom learning by developing apps for the real world supported by industry experts and academics.

The Open Schools Coding Competition embodies Red Hat’s commitment to educating and empowering the next generation of open source leaders; other initiatives include CO.LAB, presented by Open Source Stories.

Supporting Quotes

Hayley Wienszczak, manager of Strategic Alliances and ISV Projects, Red Hat EMEA

“With the Open Schools Coding Competition we aim to help pupils discover that there are exciting, creative and varied career path options in computer science. It is uplifting hearing from last year’s competition finalists who talked about the fun they had working in a team; some were coding their first ever app and were inspired to do more; others commented how much they appreciated meeting other teams and sharing ideas. Ultimately, they are learning that with some basic coding skills, accessible open tools, and the power of collaboration, their generation can together make a positive impact far beyond what would be possible as an individual.”

Chris Millington, head of computing, Lord Wandsworth College

“We wanted to create an inclusive, inter-school competition that would give students the opportunity to take computing beyond the classroom – to give them an idea of how it works in the real world, how their output could be used – to show them the ‘cool’ side of coding. Encouraging young people to go from mere consumers of digital technologies, to starting to understand what is going on under the hood, is a very good way to help them with future careers, be more informed as they navigate the digital economy, help contribute to our IT skills pool and have fun while they’re at it!”

Dr Helen Treharne, Head of Computer Science, University of Surrey

“The Department of Computer Science at the University of Surrey is pleased to be able to host the final of the Open Schools Coding Competition. We are delighted to see school pupils getting involved in coding with such passion and enthusiasm.”

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OPEC, U.S. oil firms expect subdued shale rebound even as crude prices rise

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OPEC, U.S. oil firms expect subdued shale rebound even as crude prices rise 1

By Alex Lawler and Jennifer Hiller

LONDON/HOUSTON (Reuters) – OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices, a decision that would help OPEC and its allies.

OPEC this month cut its 2021 forecast for U.S. tight crude, another term for shale, and expects production to decline by 140,000 barrels per day to 7.16 million bpd. The U.S. government expects shale output in March to fall about 78,000 bpd to 7.5 million bpd. [OPEC/M]

The OPEC forecast preceded the freezing weather in Texas, home to 40% of U.S. output, that has shut wells and curbed demand by regional oil refineries. The lack of a shale rebound could make it easier for OPEC and its allies to manage the market, according to OPEC sources.

“This should be the case,” said one of the OPEC sources, who declined to be identified. “But I don’t think this factor will be permanent.”

While some U.S. energy firms have increased drilling, production is expected to remain under pressure as companies cut spending to reduce debt and boost shareholder returns. Shale producers also are wary that increased drilling would quickly be met by OPEC returning more oil to the market.

‘MORE DISCIPLINE’

“In this new era, (shale) requires a different mindset,” Doug Lawler, chief executive of shale pioneer Chesapeake Energy Corp, said in an interview this month. “It requires more discipline and responsibility with respect to generating cash for our stakeholders and shareholders.”

That sentiment would be a welcome development for the Organization of the Petroleum Exporting Countries, for which a 2014-2016 price slide and global glut caused partly by rising shale output was an uncomfortable experience. This led to the creation of OPEC+, which began cutting output in 2017.

OPEC+ is in the process of slowly unwinding record output curbs made last year as prices and demand collapsed due to the pandemic. Alliance members will meet on March 4 to review demand. For now, it is not seeing history repeat itself.

“U.S. shale is the key non-OPEC supply in the past 10 years or more,” said another OPEC delegate. “If such limitation of growth is now expected, I don’t foresee any concerns as producers elsewhere can meet any demand growth.”

Still, OPEC is no rush to open the taps. Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Feb. 17 oil producers must remain “extremely cautious.”

$60 OIL HELPS

Shale output usually responds rapidly to price signals and U.S. crude has this month hit its highest level since January 2020, topping $60 a barrel.

While shale companies have added more rigs in recent weeks, a tepid demand recovery and investor pressure to reduce debt has kept them from rushing to complete new wells.

“At this price point, any oil production is profitable, especially the relatively high-cost U.S. shale patch,” said Stephen Brennock of broker PVM Oil Associates.

“Yet despite these positive growth signals, U.S. tight oil production is far from recovering its pre-COVID mojo.”

The chief executive of shale producer Pioneer Natural Resources Co, Scott Sheffield, recently said he expects small companies to increase output but in the aggregate U.S. output will remain flat to 1% higher even at $60 per barrel.

PRODUCTION FREEZE

Last week’s severe cold will wreak havoc on oil and gas production as companies deal with frozen equipment and a lack of power to run operations. The largest U.S. independent producer, ConocoPhillips, on Thursday said the majority of its Texas production remained offline.

But J.P. Morgan analysts said in a Feb. 18 report rising oil prices might prompt a quicker shale revival.

“As long as operators have sufficient drilled but unfracked well inventory to complete, they should be able to easily grow production while keeping capex in check,” the bank said, using a term for drilling spending.

Forecasts for 2022 such as from the U.S. Energy Information Administration are for more U.S. supply growth [EIA/M], although perhaps not enough to cause problems for OPEC+ for now.

“U.S. oil output will not go back to pre-COVID levels any time soon,” said PVM’s Brennock. “But that is not to say that U.S. shale will not one day return as a thorn in OPEC’s side.”

(By Alex Lawler in London and Jennifer Hiller in Houston; Editing by Gary McWilliams and Matthew Lewis)

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Boeing recommends airlines suspend use of some 777s after United incident

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Boeing recommends airlines suspend use of some 777s after United incident 2

By Jamie Freed and David Shepardson

(Reuters) – Boeing Co said it recommended suspending the use of 777 jets with the same type of engine that shed debris over Denver at the weekend after U.S. regulators announced extra inspections and Japan suspended their use while considering further action.

The moves involving Pratt & Whitney 4000 engines came after a United Airlines 777 landed safely at Denver International Airport on Saturday local time after its right engine failed.

United said the next day it would voluntarily and temporarily remove its 24 active planes, hours before Boeing’s announcement.

Boeing said 69 of the planes were in service and 59 were in storage, at a time when airlines have grounded planes due to a plunge in demand associated with the COVID-19 pandemic.

The manufacturer recommended airlines suspend operations until U.S. regulators identified the appropriate inspection protocol.

The 777-200s and 777-300s affected are older and less fuel efficient than newer models and most operators are phasing them out of their fleets.

Images posted by police in Broomfield, Colorado showed significant plane debris on the ground, including an engine cowling scattered outside a home and what appeared to be other parts in a field.

The National Transportation Safety Board (NTSB) said its initial examination of the plane indicated most of the damage was confined to the right engine, with only minor damage to the airplane.

It said the inlet and casing separated from the engine and two fan blades were fractured, while the remainder of the fan blades exhibited damage.

Japan’s transport ministry ordered Japan Airlines Co Ltd (JAL) and ANA Holdings Inc to suspend the use of 777s with P&W4000 engines while it considered whether to take additional measures.

The ministry said that on Dec. 4, 2020, a JAL flight from Naha Airport to Tokyo International Airport returned to the airport due to a malfunction in the left engine about 100 kilometres north of Naha Airport.

That plane was the same age as the 26-year-old United Airlines plane involved in the latest incident.

United is the only U.S. operator of the planes, according to the Federal Aviation Administration (FAA). The other airlines using them are in Japan and South Korea, the U.S. agency said.

“We reviewed all available safety data,” the FAA said in a statement. “Based on the initial information, we concluded that the inspection interval should be stepped up for the hollow fan blades that are unique to this model of engine, used solely on Boeing 777 airplanes.”

Japan said ANA operated 19 of the type and JAL operated 13 of them, though the airlines said their use had been reduced during the pandemic. JAL said its fleet was due for retirement by March 2022.

Pratt & Whitney, owned by Raytheon Technologies Corp, was not available immediately for comment.

A spokeswoman for South Korea’s transport ministry, speaking before Boeing recommended suspending operations, said it was monitoring the situation but had not yet taken any action.

Korean Air Lines Co Ltd said it had 16 of the planes, 10 of them stored, and it would consult with the manufacturer and regulators and stop flying them to Japan for now.

In February 2018, a 777 of the same age operated by United and bound for Honolulu suffered an engine failure when a cowling fell off about 30 minutes before the plane landed safely. The NTSB determined that incident was the result of a full-length fan blade fracture.

Because of that 2018 incident, Pratt & Whitney reviewed inspection records for all previously inspected PW4000 fan blades, the NTSB said. The FAA in March 2019 issued a directive requiring initial and recurring inspections of the fan blades on the PW4000 engines. (This story corrects number of Korean Air 777s in service and stored in paragraph 18)

(Reporting by Jamie Freed in Sydney and David Shepardson in Washington; additional reporting by Eimi Yamamitsu and Maki Shiraki in Tokyo, Joyce Lee in Seoul and Tim Hepher in Paris; Editing by Sam Holmes and Christopher Cushing)

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Oil gains as U.S. production slowly returns after freeze

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Oil gains as U.S. production slowly returns after freeze 3

TOKYO (Reuters) – Oil prices rose on Monday as the slow return of U.S. crude output that was cut by frigid conditions raised concerns about supply just as demand is coming back from the depths of the coronavirus pandemic.

Brent crude was up 76 cents, or 1.2%, at $61.67 a barrel by 0104 GMT, after gaining nearly 1% last week. U.S. oil rose 74 cents, or 1.3%, to $59.98 a barrel, having fallen 0.4% last week.

Abnormally cold weather in Texas and the Plains states forced the shut down of up to 4 million barrels per day (bpd) of crude production along with 21 billion cubic feet of natural gas output, analysts estimated.

Oilfield crews will likely take several days to de-ice valves, restart systems and begin oil and gas output. U.S. Gulf Coast refiners are assessing damage to facilities and may take up to three weeks to restore most of their operations, analysts said, with low water pressure, gas and power losses hampering restarts.

“With three quarters of fracking crews standing down, the likelihood of a fast resumption is low,” ANZ Research said in a note.

“Longer term, the fall in capital expenditure at U.S. shale oil companies this year will keep drilling activity subdued, leading to output remaining below pre-pandemic levels,” ANZ said.

For the first time since November, U.S. drilling companies cut the number of oil rigs operating due to the cold and snow enveloping Texas, New Mexico and other energy producing centres. [RIG/U]

(Reporting by Aaron Sheldrick; Editing by Shri Navaratnam)

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