Latest news with #TPC
Yahoo
6 days ago
- Business
- Yahoo
Tutor Perini Subsidiary Lunda Construction Secures $101 Million in Minnesota Highway Projects
Tutor Perini Corporation (NYSE:TPC) is one of the best-performing NYSE stocks to buy now. On June 16, Tutor Perini Corporation announced that its subsidiary called Lunda Construction Company, was awarded a project valued at ~$34 million. The project involves the construction of 4 bridges and 14 cast-in-place retaining walls along Highway 169 in Jordan, Minnesota. Work on the Highway 169 project commenced in May 2025, with substantial completion anticipated by November 2027. The contract value has been added to Tutor Perini's backlog in Q2 2025. The project is a collaborative effort between the Minnesota Department of Transportation, the city of Jordan, and Scott County. A construction team in a mining datacenter building work site with plans and equipment in hand. Lunda Construction also secured a $67.2 million contract from the Minnesota Department of Transportation for the I-94 and I-394 Interchange project in Minneapolis. The larger project, set to begin in July 2025 with substantial completion by summer 2027, includes repairing 34 bridges and ramps, along with other improvements along I-394 between downtown Minneapolis and Highway 100. Combined, these 2 Minnesota highway projects are valued at $101 million. Tutor Perini Corporation (NYSE:TPC) is a construction company that provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. It operates through 3 segments: Civil, Building, and Specialty Contractors. While we acknowledge the potential of TPC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati

Mercury
6 days ago
- Politics
- Mercury
Macquarie Point stadium public hearings: Project could become Hobart's ‘Opera House'
The proposed multipurpose stadium at Macquarie Point promises to be an architectural beacon for Hobart which will eventually become the 'city's Opera House', the Tasmanian Planning Commission has heard. Presenting the state government's submission on the opening day of public hearings into the project in Hobart on Wednesday, barrister Chris Townsend KC said he was confident Tasmanians would consider the new stadium as appropriate in location and scale once it became embedded in the capital's social and economic life. Describing the government's proposal as 'bold and visionary', Mr Townsend predicted the stadium would eventually be adopted to such a degree that it would be given a nickname by proud locals. 'Where you have a building that you see when you're driving across the bridge, or you're driving home … and you remember the last time you took the kids to a game, or the times you had there with your mum and dad, these buildings become different in the way you appreciate them,' Mr Townsend told the TPC panel. The public hearings, which are a required part of the TPC's independent assessment of the stadium under Project of State Significance legislation, are being held across multiple dates in June and July. After making two unsuccessful attempts to have the hearings postponed earlier this month, the Tasmanian government made the decision to appear before the TPC panel, which is being chaired by Paul Turner SC. Speaking to a 94-page submission made by the proponent, Mr Townsend said it was a 'rare privilege' to be involved in a proposal that existed outside established planning frameworks, and which had such significant potential impacts on future generations. The written submission, published on the TPC website, states an ambition for the stadium to be more than a utilitarian venue for Tasmania. 'It is designed to have a point of difference in a national setting, with a striking design and setting, and with a domed form suggestive of excitement and protection of the activities carried out within, and a spectacular backdrop to the city's night-life and lights,' the submission reads. 'The design is informed by the site's history, character, and cultural heritage. This approach ensures that the development is both distinctive and contextually appropriate, while aspiring to a confident visual statement. 'For the assessment of the project, the TPC's intellectual task is to apply the best principles to considering whether the significant opportunity can be realised, based on its expertise and special knowledge, and not based on a typical town planning assessment based on established planning controls and policies.' Other representations listed to address the TPC panel over coming days include the Tourism Industry Council of Tasmania, Federal Group, Business Events Tasmania, Stadiums Tasmania, Glebe Residents' Association, Cricket Australia and Cricket Tasmania, and Our Place – Hobart. The construction of a roofed stadium at Macquarie Point is one of the conditions of the deal with the AFL to add Tasmanian teams to both its men's and women's competitions. The Project of State Significance process is continuing despite government plans to passing so-called enabling legislation which would halt the TPC's independent assessment. On the campaign trial on Wednesday, Premier Jeremy Rockliff confirmed his government remained committed to introducing the legislative shortcut. Whether or not such laws are brought on following the 19 July state election, the stadium's fate ultimately rests on being voted through by both houses of parliament.
Yahoo
24-06-2025
- Business
- Yahoo
EAST COAST ENERGY 2025 KICKS OFF IN TERENGGANU, IGNITING MALAYSIA'S GREEN FUTURE
Inaugural Conference Unites Leaders to Accelerate Sustainable Transition Through High-Level Dialogues, Community Initiatives, and Strategic Partnerships KUALA TERENGGANU, Malaysia, June 24, 2025 /PRNewswire/ -- Malaysia's East Coast today marked a pivotal moment in its commitment to sustainable development and energy transition with the official opening of East Coast Energy (ECE) 2025 at Taman Tamadun Islam Convention Centre in Kuala Terengganu. Hosted by Terengganu State Government and Terengganu Petroleum Council (TPC), this landmark two-day conference brings together over 900 influential delegates, including policymakers, global energy leaders, investors, and technology innovators, committed to building a resilient, inclusive, and low-carbon energy future for the region and the nation. The summit was officiated by Duli Yang Teramat Mulia Tengku Muhammad Ismail ibni Al-Wathiqu Billah Sultan Mizan Zainal Abidin, Yang Di-Pertuan Muda Terengganu, alongside YAB Dato' Seri Ir. Dr. Ahmad Samsuri bin Mokhtar, Chief Minister of Terengganu and Executive Patron of ECE 2025, underscoring the state's leadership and commitment in regional empowerment and advancing clean energy innovation. "ECE 2025 is a movement towards a future where Terengganu leads in clean energy transformation, anchored in innovation, resilience, and regional empowerment," declared Chief Minister Ahmad Samsuri. "As Malaysia charts its path towards a low-carbon economy, the East Coast is ready not just to participate but to lead with conviction." With the theme "Innovating Energy, Elevating East Coast," ECE 2025 serves as a catalyst for strategic investment, technology exchange, and collaborative solutions to energy and environmental challenges. Centred on four core pillars, Energising Local Communities, Energy Security & Innovation, Accelerating the Energy Transition, and Carbon Capture, Utilisation & Storage (CCUS), the summit features six high-impact forums designed to drive actionable outcomes. "The East Coast remains a land of immense potential. Alhamdulillah, with continued support from both the Federal and State governments, PETRONAS is taking proactive steps to attract investors by actively shaping the industry's future, enabling transformation and accelerating impactful advancements" said Datuk Ir. Bacho Pilong, Senior Vice President (SVP), Malaysia Petroleum Management, PETRONAS during his special address at the ECE 2025 opening. Leading the discussions are a stellar lineup of industry heavyweights, including Dato' Tun Ahmad Faisal Tun Abdul Razak, Chairman of East Coast Energy 2025, Dato' Burhanuddin Hilmi B Mohamed, President & Group CEO of Terengganu Inc., Datuk Ir. Bacho Pilong, Senior Vice President of Malaysia Petroleum Management (MPM), PETRONAS, Ir. M Yusri M Yusof, Senior Vice President (SVP), Project Technology & HSSE, PETRONAS, Dr. Ts. Muhtar Suhaili, Group CEO of EPIC Berhad cum Chairman of ECE 2025 Working Committee. and M Zamri Abd Ghani, Steering Committee of East Coast Energy 2025 alongside Nurul Najwa Mohd Aras, Head (Resource Development & Management), Malaysia Petroleum Management of PETRONAS, among others. "ECE 2025 reflects our vision to position Terengganu as a hub for clean energy investment and innovation," said Dato' Burhanuddin Hilmi, President & Group CEO of Terengganu Inc. "As Strategic Partner, we are committed to translating summit outcomes into long-term projects that generate real value for the state and our people." Complementing the dynamic forums is a dedicated exhibition, showcasing innovations in energy efficiency, renewables, digitalisation, and carbon management. With participation from major corporations, SMEs, and emerging startups, the exhibition facilitates partnerships, investment, and knowledge exchange. "At EPIC Berhad, we believe in building an energy future that delivers both economic growth and social value," said Dr. Ts. Muhtar, Group CEO of EPIC Berhad. "From spearheading offshore support services to championing community-driven initiatives our mission aligns with ECE's goal of powering progress through inclusivity and impact." Other highlights of ECE 2025 are the Community Outreach Programme and the ECE Golf Classic, a premier golf tournament organised by EPIC Berhad. With the Community Outreach Programme, dental services including check-ups and scaling, will be coordinated to over 300 residents from underserved areas. This collaborative effort, involving government agencies, private dental clinics, and university volunteers, exemplifies ECE 2025's commitment to building healthier communities. Meanwhile, the Young Leaders Programme connects students and young professionals with energy sector mentors – designed to inspire the next generation of energy changemakers. ECE 2025 also proudly showcases Terengganu's rich cultural heritage and captivating eco-tourism offerings through traditional performances, local crafts, and authentic cuisine. The summit effectively highlights the state's dual appeal as an energy investment hub and an attractive lifestyle destination for international talent and investors. As Malaysia accelerates toward its ambitious net-zero emissions targets while simultaneously strengthening national energy security, ECE 2025 emerges as the definitive platform for facilitating multi-million-dollar investments in renewables, grid modernisation, and clean tech manufacturing. The summit focuses on aligning federal and regional policies, facilitating technology transfer, and supporting workforce development for high-value careers in the clean energy sector. "Informa Markets is proud to support the growth of Malaysia's energy industry through powerful platforms such as ECE 2025," said Gerard Leeuwenburgh, Country General Manager of Informa Markets Malaysia. "Building on the success of Oil and Gas Asia (OGA), we are creating a dedicated space for meaningful dialogue, strategic partnerships, and actionable outcomes that will help accelerate the East Coast's contribution to the national energy agenda." ECE 2025 takes place from 23-24 June 2025, with Terengganu Inc. as Strategic Partner, EPIC Group as Corporate Partner, and PETRONAS as Knowledge Partner. Organised with Informa Markets – the team behind Oil & Gas Asia, this conference aims to influence Southeast Asia's energy policy and investment for years to come. For more information on ECE 2025, including registration and participation opportunities, please visit Notes to Editor: About East Coast Energy 2025 East Coast Energy (ECE) 2025 is the premier energy transition summit for Malaysia's East Coast region. Hosted by Terengganu State Government and the Terengganu Petroleum Council (TPC) with pivotal support of key partners Terengganu Inc, EPIC Berhad, PETRONAS and Informa Markets, the team behind Oil and Gas Asia (OGA). ECE 2025 highlights critical industry trends while prioritising the balance between economic advancement, social responsibility, and environmental stewardship. Join us as we align energy development with regional priorities to deliver meaningful impact for businesses, communities, and the planet. View original content to download multimedia: SOURCE Oil & Gas Asia (OGA) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
EAST COAST ENERGY 2025 KICKS OFF IN TERENGGANU, IGNITING MALAYSIA'S GREEN FUTURE
Inaugural Conference Unites Leaders to Accelerate Sustainable Transition Through High-Level Dialogues, Community Initiatives, and Strategic Partnerships KUALA TERENGGANU, Malaysia, June 24, 2025 /PRNewswire/ -- Malaysia's East Coast today marked a pivotal moment in its commitment to sustainable development and energy transition with the official opening of East Coast Energy (ECE) 2025 at Taman Tamadun Islam Convention Centre in Kuala Terengganu. Hosted by Terengganu State Government and Terengganu Petroleum Council (TPC), this landmark two-day conference brings together over 900 influential delegates, including policymakers, global energy leaders, investors, and technology innovators, committed to building a resilient, inclusive, and low-carbon energy future for the region and the nation. The summit was officiated by Duli Yang Teramat Mulia Tengku Muhammad Ismail ibni Al-Wathiqu Billah Sultan Mizan Zainal Abidin, Yang Di-Pertuan Muda Terengganu, alongside YAB Dato' Seri Ir. Dr. Ahmad Samsuri bin Mokhtar, Chief Minister of Terengganu and Executive Patron of ECE 2025, underscoring the state's leadership and commitment in regional empowerment and advancing clean energy innovation. "ECE 2025 is a movement towards a future where Terengganu leads in clean energy transformation, anchored in innovation, resilience, and regional empowerment," declared Chief Minister Ahmad Samsuri. "As Malaysia charts its path towards a low-carbon economy, the East Coast is ready not just to participate but to lead with conviction." With the theme "Innovating Energy, Elevating East Coast," ECE 2025 serves as a catalyst for strategic investment, technology exchange, and collaborative solutions to energy and environmental challenges. Centred on four core pillars, Energising Local Communities, Energy Security & Innovation, Accelerating the Energy Transition, and Carbon Capture, Utilisation & Storage (CCUS), the summit features six high-impact forums designed to drive actionable outcomes. "The East Coast remains a land of immense potential. Alhamdulillah, with continued support from both the Federal and State governments, PETRONAS is taking proactive steps to attract investors by actively shaping the industry's future, enabling transformation and accelerating impactful advancements" said Datuk Ir. Bacho Pilong, Senior Vice President (SVP), Malaysia Petroleum Management, PETRONAS during his special address at the ECE 2025 opening. Leading the discussions are a stellar lineup of industry heavyweights, including Dato' Tun Ahmad Faisal Tun Abdul Razak, Chairman of East Coast Energy 2025, Dato' Burhanuddin Hilmi B Mohamed, President & Group CEO of Terengganu Inc., Datuk Ir. Bacho Pilong, Senior Vice President of Malaysia Petroleum Management (MPM), PETRONAS, Ir. M Yusri M Yusof, Senior Vice President (SVP), Project Technology & HSSE, PETRONAS, Dr. Ts. Muhtar Suhaili, Group CEO of EPIC Berhad cum Chairman of ECE 2025 Working Committee. and M Zamri Abd Ghani, Steering Committee of East Coast Energy 2025 alongside Nurul Najwa Mohd Aras, Head (Resource Development & Management), Malaysia Petroleum Management of PETRONAS, among others. "ECE 2025 reflects our vision to position Terengganu as a hub for clean energy investment and innovation," said Dato' Burhanuddin Hilmi, President & Group CEO of Terengganu Inc. "As Strategic Partner, we are committed to translating summit outcomes into long-term projects that generate real value for the state and our people." Complementing the dynamic forums is a dedicated exhibition, showcasing innovations in energy efficiency, renewables, digitalisation, and carbon management. With participation from major corporations, SMEs, and emerging startups, the exhibition facilitates partnerships, investment, and knowledge exchange. "At EPIC Berhad, we believe in building an energy future that delivers both economic growth and social value," said Dr. Ts. Muhtar, Group CEO of EPIC Berhad. "From spearheading offshore support services to championing community-driven initiatives our mission aligns with ECE's goal of powering progress through inclusivity and impact." Other highlights of ECE 2025 are the Community Outreach Programme and the ECE Golf Classic, a premier golf tournament organised by EPIC Berhad. With the Community Outreach Programme, dental services including check-ups and scaling, will be coordinated to over 300 residents from underserved areas. This collaborative effort, involving government agencies, private dental clinics, and university volunteers, exemplifies ECE 2025's commitment to building healthier communities. Meanwhile, the Young Leaders Programme connects students and young professionals with energy sector mentors – designed to inspire the next generation of energy changemakers. ECE 2025 also proudly showcases Terengganu's rich cultural heritage and captivating eco-tourism offerings through traditional performances, local crafts, and authentic cuisine. The summit effectively highlights the state's dual appeal as an energy investment hub and an attractive lifestyle destination for international talent and investors. As Malaysia accelerates toward its ambitious net-zero emissions targets while simultaneously strengthening national energy security, ECE 2025 emerges as the definitive platform for facilitating multi-million-dollar investments in renewables, grid modernisation, and clean tech manufacturing. The summit focuses on aligning federal and regional policies, facilitating technology transfer, and supporting workforce development for high-value careers in the clean energy sector. "Informa Markets is proud to support the growth of Malaysia's energy industry through powerful platforms such as ECE 2025," said Gerard Leeuwenburgh, Country General Manager of Informa Markets Malaysia. "Building on the success of Oil and Gas Asia (OGA), we are creating a dedicated space for meaningful dialogue, strategic partnerships, and actionable outcomes that will help accelerate the East Coast's contribution to the national energy agenda." ECE 2025 takes place from 23-24 June 2025, with Terengganu Inc. as Strategic Partner, EPIC Group as Corporate Partner, and PETRONAS as Knowledge Partner. Organised with Informa Markets – the team behind Oil & Gas Asia, this conference aims to influence Southeast Asia's energy policy and investment for years to come. For more information on ECE 2025, including registration and participation opportunities, please visit Notes to Editor: About East Coast Energy 2025 East Coast Energy (ECE) 2025 is the premier energy transition summit for Malaysia's East Coast region. Hosted by Terengganu State Government and the Terengganu Petroleum Council (TPC) with pivotal support of key partners Terengganu Inc, EPIC Berhad, PETRONAS and Informa Markets, the team behind Oil and Gas Asia (OGA). ECE 2025 highlights critical industry trends while prioritising the balance between economic advancement, social responsibility, and environmental stewardship. Join us as we align energy development with regional priorities to deliver meaningful impact for businesses, communities, and the planet. View original content to download multimedia: SOURCE Oil & Gas Asia (OGA)


The Irish Sun
21-06-2025
- Sport
- The Irish Sun
Shane Lowry surges during third round at PGA Tour's Travelers Championship but remains well off the pace
OFFALY star Shane Lowry carded a four-under-par 66 in the third round of the Travelers Championship. Advertisement 2 Shane Lowry of Ireland is well out of contenton despite a solid third round at the Travelers Championship 2 Justin Thomas is one of three tied at the top of the leaderboard a TPC River Highlands The2019 Open winner got off to a hot start with a front-nine 32, highlighted by birdies at the 2nd, 3rd, 7th holes He hit just one blemish across the day - a bogey at the par-3 11th - but otherwise remained steady, adding two more birdies on the back nine at the 14th and 17th. The 2019 Open champion signed for 66 to move to -4 for the tournament overall, having gained signed off for a poor 72 and 73 on days 1 and 2. He remains well off the lead in T52 with the leaders set to go out on Saturday evening. Advertisement read more on golf Elsewhere, The Northern Irishman opened with a bogey-free 64 on Thursday, but endured a nightmare start to his second round, carding three bogeys in his first four holes. He remains in contention though, just four off the pace. Scottie Scheffler, Justin Thomas and Tommy Fleetwood hold top spot heading into Saturday's penultimate round. Advertisement Most read in Golf He received attention from the physio after he made the turn. But the injury seemingly got worse, and looked like a neck or back issue on the TPC course. Spieth was then forced to withdraw from the Travelers Championship as he soldiered through 12 holes. Advertisement It's the first time he's ever withdrawn, and a tough break after wrist surgery last year. All the action is live on Sky Sports Golf.