(JNS) Yeshiva University has won a $1 million federal grant to renovate Weissberg Commons, a central gathering place on its Wilf campus in the Washington Heights section of New York.
The grant is part of the US government’s $1.5 trillion spending bill signed into law in March.
Under that bill, Sen. Chuck Schumer (DN.Y.) secured $314.1 million for key community development projects in New York City, working closely with Rep. Adriano Espaillat, who secured an $11.5 million community fundraising project for the city’s District 13.
The Funding Project is a historic omnibus credit agreement that directly addresses some of the most pressing needs in Washington Heights, Inwood, Harlem, East Harlem and the Bronx.
The money will be used for structural improvements to Belfer Hall’s multipurpose event space, including acoustic and lighting upgrades, and modernization of audio-visual equipment.
Throughout its history, the commons have been used for educational, political, public health, and religious programs for the school and its neighbors.
It has hosted 12 Manhattan Community Board meetings, served as a science programming site for public school students through YU’s START Science, and most recently served as a vaccination center in the fight against the coronavirus. It also hosts many student events, such as the Seforim sale – the largest Jewish book sale of the year on campus.
Energean makes commercial gas discovery off Israeli coast
(JNS) Greek oil and gas company Energean has announced a commercial gas discovery at its Athena exploration well in Israel’s exclusive economic zone.
London-based E&P (Energy & Production) said the discovery, made in its Block 12 license between the Karish and Tanin fields, contains a recoverable gas volume of 8 billion cubic meters (bcm). Although significant, the discovery is well below the company’s pre-drilling estimate of 21 billion m3, which, according to Reutersis included in a presentation to investors last month.
However, the discovery has “de-risked” the wider Olympus area, including Athena, the undrilled prospects in Block 12 and the adjacent Tanin lease, according to the company.
“Discoveries and Prospects [the Olympus Area] lie along the same geologic trend and Athena was drilled on the same direct hydrocarbon indicator (shown in the seismic analysis) as Tanin. As such, Energean is confident that the Athena discovery has reduced the risks of A, B and C sands in the remaining prospects of the Olympus area, estimated at 50 bcm,” Energean said in a statement.
Energean is pursuing a “range of strategic marketing options for both stand-alone and broader development of the Olympus area,” according to the release. These include the possibility of new gas sales to Israel, exports to Egypt or other regional and European markets.
Energean owns and operates 100% of the Karish and Tanin concessions, fields discovered by Noble Energy in the Levantine Basin in 2011 and 2013.
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