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Boring company Musk has received permission to build a tunnel in Florida



The Boring Company de Elon Musk

In addition to Tesla and SpaceX, Elon Musk is also the founder of The Boring Company, a tunnel and infrastructure company founded in 2016. The company has now received permission to build a tunnel in Florida.

A transportation system will be installed between the city center and the beach at Fort Lauderdale.

BUT Boring company it arose after Elon Musk's discontent with the existing transport network - its limitations - as well as the congestion of cities. Accordingly, the CEO has formally submitted his proposal for the construction of an underground transportation system between the city center and the beach in Fort Lauderdale, Florida.

Las Olas Loop's proposal came after months of discussions between the company and the city government to address the beach parking problem. Confirmation of this, in turn, came after the tweet of the Speaker of the House of Representatives Dean Trantalis - Musk's favorite method of breaking news.

Project details Boring company Elon Musk is currently on hold. This is due to the fact that city laws require a competition, that is, the submission of several proposals for their projects. In this sense, companies have 45 days to introduce them.

Elon Musk's boring company

Boring Company: The Vanity Tunnel?

While there is a road that already connects the city center to the beach, The Boring Company tunnel intends to offer parking options at Brightline Station, as well as the ability to use a Tesla through the tunnel. How advanced CNNCity planners estimate that the tour will cost around $ 5-8 per person, while an Uber ride will cost $ 10.

Florida currently has only two tunnel projects as the limestone on the surface makes drilling difficult. In addition, the state has high groundwater levels and a lot of rain, which increases the likelihood of tunnel flooding. In other words, the typology of the area itself is very bumpy.

In June, The Boring Company was able to unveil its first project in Las Vegas to cut a 45-minute walk to a trip for two. However, this was criticized and deemed a vanity project that focused on Tesla vehicles rather than trying to efficiently transport passengers.

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ERSE bans the cost of the Iberian contract mechanism from being included in electricity bills until April 26 – ECO



ERSE bans the cost of the Iberian contract mechanism from being included in electricity bills until April 26 - ECO

ERSE bans the cost of the Iberian contract mechanism from being included in electricity bills until April 26 – ECO

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Kazakhstan is preparing to supply oil to Azerbaijan instead of Russia – Oil



Kazakhstan is preparing to supply oil to Azerbaijan instead of Russia - Oil

In the international oil market, a new adjustment of black gold routes may occur. Kazakhstan is preparing to export its oil via Azerbaijan’s largest oil pipeline to circumvent Russia’s threat to close the Black Sea port of Novorossiysk.

After a Russian court threatened to cut off an oil route through which Kazakhstan exports black gold to the world, Astana is preparing to ship its oil from Azerbaijan’s largest oil pipeline as early as September, sources close to the case say, citing Reuters.

For about two decades, Kazakh oil, which accounts for 1% of the world’s oil reserves, was transported through the CPC (Caspian Pipeline Consortium) pipeline, which was sent to the Russian port of Novorossiysk on the Black Sea, from where the oil was shipped. the rest of the world.

However, in July a Russian court threatened to shut down the CPC pipeline to Kazakhstan, prompting the Astana government and foreign companies operating in the country’s oil sector to reach out to other possible partners to ensure that if Russia ceases to act as a bridge between Kazakhstan’s oil and the world There may be other transportation options.

Thus, one of the sources assured Reuters that the Kazakh oil company Kazmunaigas (KMG) is negotiating with the Azerbaijani side to export 1.5 million tons of oil per year through the Azerbaijani pipeline, which transports raw materials to the port of Ceyhan. , Turkey. The contract is to be signed in August, and oil on this route is to start in September.

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However, these agreements may not be enough to ensure that the world receives the same number of barrels of oil from Kazakhstan as before Russia’s possible production cuts.

According to the British agency, this partnership will bring 30,000 barrels of oil per day to countries buying Kazakh oil, which is very small compared to the 1.4 million barrels per day currently transported by CPC.

In addition, two other sources report that Astana is in talks to have another 3.5 million tons of crude oil annually exported via another pipeline to the port of Supsa in the Black Sea region from Georgia starting next year. In a Reuters report, KMG representatives declined to comment on the issue.

Kazakhstan can make a difference in the uncertain future

By seeking to sign these agreements, Kazakhstan can not only ensure its own economic viability, but also ensure that the imbalance between supply and demand for oil on the international market does not worsen.

Oil consumption is expected to rise to 2.1 million barrels a day this year, up 300,000 barrels from the previous forecast, according to International Energy Agency data released this Thursday.

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Caixa Geral de Depósitos may close 23 branches this month – Executive Digest



The union of workers of the CGD group companies, STEC, has published information received from the administration of Caixa Geral de Depósitos (CGD), announcing that the bank intends to further cut costs and close 23 more branches during August, with more frequency in the Lisbon and Porto areas .

The union warns that with this closure there will be an “inevitable congestion” of other branches in these areas, pointing out that even now they are having difficulty responding to services and recalling that from 2012 to 2022 they left CGD more than 3,300 workers and 300 branches were closed in Portugal.

STEC points to the government’s statement that it “cannot abdicate its responsibility for territorial integrity” and that “it is essential that the state defines the strategic direction that the bank must take, namely its responsibilities in terms of the public interest “. … and the needs of the population, guaranteeing them a service of proximity and quality.”

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