dol

Flaring in MENA: The Multibillion Dollar Decarbonization Lever

15 July 2020

Adel Hamaizia

Associate Fellow, Middle East and North Africa Programme

Dr Mark Davis

CEO, Capterio
The climate crisis and ‘energy transition’ is driving a response from the oil and gas industry to decarbonize, with flaring – the deliberate combustion of gas associated with oil production – as a critical lever, especially in the Middle East and North Africa, write Adel Hamaizia and Mark Davis.

2020-07-15-Flare-Oil-Iraq

Iraqi Southern Oil Company engineers look towards the flares in the Zubair oil field in southern Iraq. Photo by ESSAM -AL-SUDANI/AFP via Getty Images.

Flaring is a significant source of economic and environmental waste. Except when safety-related, flared gas can often be captured and monetised using low-cost proven solutions.

In doing so, governments can improve health and safety, reduce emissions (of carbon dioxide, methane, and particulates) and add value by driving up revenue, increasing reserves and production, creating jobs and improving the industry’s ‘social license to operate’.

Flare capture also helps countries to deliver on the Paris Agreement and the UN’s Sustainable Development Goal #13 while, for example, providing affordable alternatives for heating and cooking.

The Middle East and North Africa (MENA) region accounts for 40% of the world’s flaring. In the region, flaring has increased year-on-year - apart from 2018 - to almost six billion cubic feet of gas per day, generating up to 300-500 million tonnes of CO2-equivalent emissions per year.

These emissions result not only from the combustion of gas, but also from the venting, from inefficient flares, of un-combusted methane, a more potent greenhouse gas. Yet much of this is avoidable.

There are many commercially attractive options to reduce flaring in MENA. The key is to use the right proven technology and to be agile in commercial structuring. And the prize could be a boost to MENA’s annual revenues by up to $200 per second (up to $6.4 billion per year) by delivering wasted gas to market by pipeline, as power or in liquid form.

The chart highlights the abundance of flaring across the MENA region, and in many cases, their proximity to population centres. While Iran, Iraq, and Algeria generate 75% of MENA’s flaring, Saudi Arabia, Kuwait, UAE and Qatar are notable for their relatively low ‘flaring intensity’ i.e. flaring normalized to oil production.

In today’s world of lower energy prices, it makes sense to monetise every molecule. Even more so for national oil companies, which are responsible for most of the flaring, since they are not only the custodians of their countries’ natural resources, but they also generate a dominant source of government revenue.

Most oil producers in MENA have already made commitments to the World Bank’s flaring-reduction initiatives (e.g. ‘Zero Routine Flaring by 2030’), but to date, delivery is mostly lacking. Three main issues have hindered progress.

Firstly, operators, regulators, and governments highlight that flaring is often not ‘sufficiently on the radar’. Flaring is often underreported if not ignored or denied - although satellite detection gives unavoidable transparency. In MENA alone, more than 1,700 flare clusters are visible every day from space.

Secondly, flare capture is sometimes not perceived to be economically viable due to costs, taxes, or inappropriate technology. Thirdly, there are often issues around resources, especially concerning management bandwidth, delivery capabilities or financing.

Yet these issues can be solved if the right proven technologies are combined with the right commercial structures. To accelerate flare capture projects, stakeholders in the MENA hydrocarbons sector must consider several complementary, action-oriented initiatives.

In particular, they should:

  • Promote transparency and disclosure to drive greater awareness of flaring. Governments, regulators and operators must understand the real scale of their gas flaring opportunity and be capable of acting, as a recent report for the EBRD on Egypt highlighted. Compliance with clear standards for measuring, monitoring and verification is critical.
  • Advance policies and incentives which encourage action. Better commercial terms will incentivise and accelerate flare investments. Stronger penalties will help, but independent and capable regulators must actually enforce these penalties. Through the use of such clear anti-flaring policies, Norway’s flaring intensity is almost 20 times lower than the MENA region.
  • Improve the investment climate, beyond economics and open access to a broader range of players. Local market failures can be avoided by reducing the complexity and cost of in-country operations and by removing excessive, rigid, or redundant regulations. By enabling greater ‘third-party’ access to gas and power projects and infrastructure, new players can accelerate change by deploying new technologies and new operating models. Better third-party access will also unlock ideas, capital, skills and project-specific financing options. Algeria is making steps towards such liberalisation through its new 2019 Hydrocarbon Law.
  • Reduce subsidies and improve energy efficiency and reduce demand, increase gas exports and boost national revenues. Countries with large subsidies on transport fuels and power, such as Algeria and Iraq, stand to gain the most.
  • Encourage collaboration between stakeholders in industry and government by creating working groups to radiate best practices, build capacity, deploy technology and local content, such as the flare minimization programme in Saudi Arabia or Iraq’s major flare-to-power project operated by the Basrah Gas Company.

The industry needs to prepare for a greener world after COVID-19 and investors and consumers are demanding cleaner fuels. Since gas is widely viewed as a transition fuel, MENA governments and stakeholders must work to eliminate its wastage and seize the revenue, production and environmental opportunities that flare capture projects offer.

There is much new leadership in the region in government and critical institutions with new mandates for change. The time to act is now.




dol

Has the Dollar Started Its Long Decline?

28 August 2020

Jim O'Neill

Chair, Chatham House
Ultimately, the dollar’s dominance cannot persistently outweigh the relative decline of the US economy in the world. At some point, it will start to be replaced by something else. But don’t confuse that with where the dollar’s price is heading against other currencies.

2020-08-28-us-dollar-oneill.jpg

A statue of George Washington is pictured in front of the New York Stock Exchange (NYSE) on 16 March 2020, at Wall Street in New York City. Photo by JOHANNES EISELE/AFP via Getty Images.

One of the features of financial markets since early summer has been a decline in the value of the dollar against many currencies, and with it, an especially interesting acceleration in the price of gold. In addition to the usual professional market analysis about the dollar’s movement, this has led to speculation that it might be the beginning of the end of the dollar’s pre-eminence.

Having spent far too much of my professional life as a supposed currency expert, I reiterate something I learnt early on: the foreign exchange business sometimes grants an analyst their 15 minutes of fame, but no expert is a match for the millions who participate in this huge global market all day long. But I spent over 30 years in the financial markets, the vast majority in the hubbub of the forex market. And along the journey, I think I learnt a few tricks of the trade.

At the core of trying to answer questions about the dollar, I learnt a long time ago that there are two entirely separate questions, one of which has two subsections, about the dollar. Firstly, there is the question about the use of the dollar. Will it continue to dominate the world’s financial system as the most widely accepted medium of exchange?

This is not at all the same issue as the dollar’s day-to-day performance against other currencies. This is the second question, which is almost definitely the most pertinent one to what has happened during the summer. How the dollar’s value moves against other currencies is driven by a structural, or a valuation component, and a cyclical component. Each can be analysed separately, and if you were daft enough to devote the years I did to the process, you can combine the two, to have a dynamically adjusted fair value, persuading yourself at least that such an approach combines all available information at any point in time.

In terms of valuation, the most common approach is so-called purchasing power parity, which holds that a currency, in equilibrium, will ultimately reflect the difference in prices between two countries. If inflation is persistently higher in the US than in the eurozone, then the equilibrium value of the dollar will decline over time. I developed my own version of equilibrium currency rates, as it seemed to me in the real world, that the real inflation adjusted value of a currency was not stable, and that it moved over time. This was a reflection of productivity differentials between two countries. I christened it GSDEER: 'the Goldman Sachs Dynamic Equilibrium Real Exchange Rate' when I joined the firm in 1995.

What I learned is that when a currency is more than two standard deviations away from its fair value, it makes a huge amount of sense to watch closely, and when the momentum changes, it is worth going with this trend reversal. The momentum can change based on a change in the forces that have driven the currency away from its fair value, although it can be often easier to detect simply by watching the change in price.

One of the things that has frustrated currency participants over the past decade, with the exception of the Swiss franc and the pound, is that other major currencies have not been that far away from their fair value against the dollar or each other. Even during the dollar’s rise in recent years, including the period up to the summer, while it had clearly become overvalued, with the possible exception of the pound, it hadn’t become more than two standard deviations above its own fair value. In this regard, I have believed that one might be on the lookout for a chance to buy the pound against the dollar, and perhaps against the yen.

The cyclical component of a currency’s movement around its conceptual equilibrium can perhaps best be captured in the nominal interest rate adjusted for inflation expectations. I persuaded myself that the actual spot exchange rate of the dollar on any one day should be close to the adjusted GSDEER, and if it was not, then it would be useful for traders.

The dollar had become more interesting pre-COVID, as it appeared to have risen notably against many currencies, including the euro. And in this regard, the dollar was highly susceptible, and has turned out to be actually vulnerable, to a change in the state of the US and euro area economies. Now that the Federal Reserve has returned to extremely expansive monetary policy, and with it, lower real interest rates, a dollar decline seemed pretty inevitable.

At current prices, on 26 August, the dollar still seems modestly expensive compared to dynamically adjusted fair value. The dollar decline could persist. In the late 1980s and mid 1990s, the dollar fell to very low levels and became very undervalued — this tended to coincide with widespread talk about the dollar’s preeminence, which turned out to be, at least for that era, wrong. And I do share the views of some people who believe, as a result of US policies, conditions are more conducive to a sustained period of dollar weakness. This requires strong ongoing evidence that Europe, China and much of the rest of Asia continue to manage COVID-19 better than the US, and that their cyclical recoveries from the pandemic continue to surprise relative to the US.

Now as for the first question, about the demise of the dollar’s dominance, let me repeat that this is largely a separate issue, but I encourage any reader to be careful about getting sucked into this belief in making an investment or hedging decision.

It is quite possible that the use of the dollar can decline, and start off a systematic decline even when its value is strong. Indeed, in the past couple of years when its value was largely rising, decisions made by US policymakers to use the dollar’s dominance as a way of penalising other countries has resulted in those countries reducing their share of dollar currency reserves. Russia is a particular example, and there is some modest evidence that China is doing likewise.

And the opposite can also be true.

Ultimately, the dollar’s dominance cannot persistently outweigh the relative decline of the US economy in the world, which has been occurring now for 20 years. At some point, it will start to be replaced by something else. Whether that is, the renminbi, the euro, Bitcoin, the return of gold — all are conceivable, and may happen. It might be starting now. But don’t confuse that with where the dollar’s price is heading against other currencies in coming days, weeks, or in 2021.

This article was originally published in The Article.




dol

Condom use in adolescents has fallen notably since 2014, warns WHO




dol

An adolescent with disabling abdominal pain




dol

Mattel apologizes for misprint on 'Wicked' doll packaging that links to porn website

Mattel has apologized after inadvertently directing customers of its new line of Wicked dolls to a pornographic website, stating it is taking action to remove the misprinted toys' packaging.




dol

Defense helps Miami Dolphins beat Los Angeles Rams, snap three-game skid

Linebacker Quinton Bell and Miami Dolphins defenders deleted drives and put the Los Angeles Rams offense in quicksand, holding them without a touchdown to propel a primetime victory and snap a three-game losing streak.




dol

Mattel apologizes for misprint on 'Wicked' doll packaging that links to porngraphic website

Mattel has apologized after inadvertently directing customers of its new line of Wicked dolls to a pornographic website, stating it is taking action to remove the misprinted toys' packaging.




dol

North Carolina Awards $12 Million Dollar Grant to Improve Literacy Instruction

A $12.2 million dollar grant from the state Department of Public Instruction will go to a program based at North Carolina State University to provide additional training literacy training to teachers in 16 high-needs districts across the state.




dol

Cells and Molecules Underpinning Cannabis-Related Variations in Cortical Thickness during Adolescence

During adolescence, cannabis experimentation is common, and its association with interindividual variations in brain maturation well studied. Cellular and molecular underpinnings of these system-level relationships are, however, unclear. We thus conducted a three-step study. First, we exposed adolescent male mice to -9-tetrahydrocannabinol (THC) or a synthetic cannabinoid WIN 55,212-2 (WIN) and assessed differentially expressed genes (DEGs), spine numbers, and dendritic complexity in their frontal cortex. Second, in human (male) adolescents, we examined group differences in cortical thickness in 34 brain regions, using magnetic resonance imaging, between those who experimented with cannabis before age 16 (n = 140) and those who did not (n = 327). Finally, we correlated spatially these group differences with gene expression of human homologs of mouse-identified DEGs. The spatial expression of 13 THC-related human homologs of DEGs correlated with cannabis-related variations in cortical thickness, and virtual histology revealed coexpression patterns of these 13 genes with cell-specific markers of astrocytes, microglia, and a type of pyramidal cells enriched in dendrite-regulating genes. Similarly, the spatial expression of 18 WIN-related human homologs of DEGs correlated with group differences in cortical thickness and showed coexpression patterns with the same three cell types. Gene ontology analysis indicated that 37 THC-related human homologs are enriched in neuron projection development, while 33 WIN-related homologs are enriched in processes associated with learning and memory. In mice, we observed spine loss and lower dendritic complexity in pyramidal cells of THC-exposed animals (vs controls). Experimentation with cannabis during adolescence may influence cortical thickness by impacting glutamatergic synapses and dendritic arborization.




dol

Beyond Glycolysis: Aldolase A Is a Novel Effector in Reelin-Mediated Dendritic Development

Reelin, a secreted glycoprotein, plays a crucial role in guiding neocortical neuronal migration, dendritic outgrowth and arborization, and synaptic plasticity in the adult brain. Reelin primarily operates through the canonical lipoprotein receptors apolipoprotein E receptor 2 (Apoer2) and very low-density lipoprotein receptor (Vldlr). Reelin also engages with noncanonical receptors and unidentified coreceptors; however, the effects of which are less understood. Using high-throughput tandem mass tag (TMT) liquid chromatography tandem mass spectrometry (LC-MS/MS)-based proteomics and gene set enrichment analysis (GSEA), we identified both shared and unique intracellular pathways activated by Reelin through its canonical and noncanonical signaling in primary murine neurons of either sex during dendritic growth and arborization. We observed pathway cross talk related to regulation of cytoskeleton, neuron projection development, protein transport, and actin filament-based process. We also found enriched gene sets exclusively by the noncanonical Reelin pathway including protein translation, mRNA metabolic process, and ribonucleoprotein complex biogenesis suggesting Reelin fine-tunes neuronal structure through distinct signaling pathways. A key discovery is the identification of aldolase A, a glycolytic enzyme and actin-binding protein, as a novel effector of Reelin signaling. Reelin induced de novo translation and mobilization of aldolase A from the actin cytoskeleton. We demonstrated that aldolase A is necessary for Reelin-mediated dendrite growth and arborization in primary murine neurons and mouse brain cortical neurons. Interestingly, the function of aldolase A in dendrite development is independent of its known role in glycolysis. Altogether, our findings provide new insights into the Reelin-dependent signaling pathways and effector proteins that are crucial for dendritic development.




dol

Christopher Gray's Scholly App Is Bringing Millions of Dollars to College Students in Need

Christopher Gray | Smithsonian Magazine’s 2016 American Ingenuity Award Winner for Youth Achievement Christopher Gray is the founder and CEO of Scholly, the groundbreaking web and mobile app that matches current or future college students who need financial support with scholarships that can help them. Scholly has been downloaded 850,000 times and has connected college students with some $50 million in scholarships. Philadelphia-based Gray, an ABC “Shark Tank” winner and recipient of a $100,000 grant from philanthropist Steve Case’s Rise of the Rest competition, sees his digital platform as a 21st-century tool for helping countless young Americans achieve their college dreams without piling on crushing debt.




dol

Fishing With Irrawaddy Dolphins

Local Burmese fisher Maung Lay shows how his family has traditionally teamed up with rare river dolphins and explains why their partnership is now at risk. (Video by Demelza Stokes and Mark Scialla)




dol

Ask Smithsonian: How Do Dolphins Sleep Without Drowning?

Not to worry—shut-eye comes easily to these aquatic mammals




dol

Buzz Aldrin and Thomas Dolby Perform "She Blinded Me With Science"

Some of the brightest minds in the world gathered at Smithsonian's "The Future is Here" conference to discuss the great triumphs and future innovations in science and technology http://www.smithsonianmag.com/ideas-innovations/The-Future-is-Here.html




dol

Inside American History’s Dollhouse

Curator Larry Bird takes you inside the history of the Bradford dollhouse




dol

How Dolley Madison Saved George Washington

As the British marched towards the White House, the first lady ordered a portrait of George Washington to be saved




dol

Rare Drone Footage Captures Orcas Feeding on Dusky Dolphins

The predatory pod hunts off the coast of Chile and is led by a matriarch called Dakota




dol

Bottlenose Dolphins 'Smile' at Each Other During Playtime, Study Finds

Researchers still don't know what the open-mouth facial expression means or whether it's akin to smiling in humans—but several animals make a similar face during play




dol

Scientists Have Found Microplastics in Dolphin Breath for the First Time

Each of the 11 dolphins sampled exhaled at least one suspected particle of microplastic, which researchers say “highlights how extensive environmental microplastic pollution is”




dol

The Creepy Doll Contest Is Back—and It's Time to Cast Your Vote for the Most Terrifying Toy

Step right up and see the spooky circus dolls—from creepy clowns to frightening fortune-tellers—in a Minnesota museum's vintage toy collection




dol

Archaeologists Discover Engraved Gold Offering to Jupiter Dolichenu, a War God Revered by Roman Soldiers

The votive plaque was found amid the ruins of an ancient Roman fortress. Researchers think a temple dedicated to the mysterious deity may have stood nearby




dol

Rare Gretzky card case from Sask. back on the market after multimillion-dollar deal collapsed

A box found in a Saskatchewan attic, potentially holding millions of dollars worth of hockey cards, is going back up for auction after the original winning bidder never paid up, according to the auction company.



  • News/Canada/Saskatchewan

dol

News24 Business | Rand benefits from dollar weakness as US election, likely Fed rate cut loom

The dollar slid on Monday as investors braced for a potential pivot this week for the global economy as the United States chooses a new leader, and as it likely cuts interest rates again with major implications for bond yields.




dol

News24 Business | SA sells first dollar bond since 2022, raises R63bn

South Africa’s first dollar bond sale since 2022 drew strong demand, signalling confidence in a coalition government formed after May elections.




dol

Affordable Housing Development Gets A Significant Boost from Delaware’s American Rescue Plan Act Dollars

Millions are currently available for housing projects; Millions more are in the pipeline Dover, Del. April 18, 2023 – The Delaware State Housing Authority (DSHA) has successfully launched two new affordable housing development programs funded by the American Rescue Plan Act (ARPA). Both programs are part of a multi-tiered approach to address the state’s housing crisis […]



  • Delaware State Housing Authority
  • ARPA

dol

Rupee At All-Time Low Of Rs 84.40 Against US Dollar In Early Trade

The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.




dol

Rupee At All-Time Low Of Rs 84.40 Against US Dollar In Early Trade

The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.




dol

Delaware to Regulate Multi-Billion-Dollar Pharmacy Benefit Manager Industry, Protecting Consumers and Local Businesses

Department of Insurance will lead effort to rein in monopolistic behavior and excessive pharmaceutical costs Insurance Commissioner Trinidad Navarro announced today that the Delaware Department of Insurance will begin the process of building and enforcing regulations regarding Pharmacy Benefit Managers (PBMs) as a new law goes into effect. The new authorities of the department will […]




dol

Bayhealth Partners with Delaware Libraries to Support Dolly Parton’s Imagination Library

All babies born at Bayhealth to receive first Imagination Library book WILMINGTON, Del.— Governor John Carney and the Delaware Division of Libraries announced on Wednesday that Bayhealth has partnered with Dover and Milford Public Libraries to ensure all babies born at Bayhealth Hospitals, as well as any eligible patients of Bayhealth Pediatrics in Milford, are […]




dol

ICYMI: Dolly Parton in Delaware for the Imagination Library Statewide Celebration

Since the public announcement of Dolly’s arrival in Delaware last week, more than 1,000 Delaware children have been signed up for the Imagination Library. As of last week, over 21,000 Delaware children are enrolled in the program.




dol

Division of Civil Rights & Public Trust releases supplemental McDole report

Report addresses firearm, claims of new evidence The Department of Justice’s Division of Civil Rights & Public Trust (DCRPT) released Tuesday a supplemental report regarding the September 23, 2015 police shooting of Jeremy McDole. After the DOJ was presented in June with claims of new evidence and concerns about the validity of firearms evidence cited […]



  • Department of Justice
  • Department of Justice Press Releases
  • News

dol

DDOL Responds to Jobseeker Site Breach

Updated, March 23, 2017 – A list of Frequently Asked Questions is being maintained on the DDOL website. Wilmington – March 22, 2017 America’s JobLink (AJL) web-based system that links job seekers with employers in Delaware and nine other states was hacked by a malicious third party last week. Approximately 253,420 Delaware JobLink users dating […]



  • Department of Labor
  • News

dol

DOL Employment and Training Hudson Center Operation Temporarily Relocating to Pencader

FOR IMMEDIATE RELEASE: May 30, 2017 Newark, DE – Due to construction activity at the site, the Delaware Department of Labor, Division of Employment and Training office has temporarily closed its Hudson State Service Center and relocated the operation to the agency’s Pencader Corporate Center. Effective June 1 and until further notice, the team from […]




dol

DOL Employment and Training Hudson Center Reopens

FOR IMMEDIATE RELEASE: May 30, 2017 Newark, DE – The Delaware Department of Labor, Division of Employment and Training is reopening its operation at the Hudson State Service Center after construction work there caused it to temporarily relocate last month. On Monday, June 19, Employment and Training services will resume at the Hudson Center office located […]



  • Department of Labor

dol

DOL Fox Valley office closed due to water main break

FOR IMMEDIATE RELEASE: July 18, 2017  Wilmington – The Delaware Department of Labor’s Fox Valley office in Wilmington will be closed today, July 18, 2017, due to a water main break in the area. Those members of the public seeking assistance can visit the DOL website at http://dol.delaware.gov for details on location and contact information […]



  • Department of Labor

dol

DOL Fox Valley offices to reopen Wednesday after water main break repaired

FOR IMMEDIATE RELEASE: July 18, 2017  Wilmington – The Delaware Department of Labor’s Fox Valley office in Wilmington will reopen to the pubic Wednesday, July 19, 2017 after repairs were made to a nearby water main break that happened early Tuesday. The ruptured main prompted agency officials to close the offices before they had opened for […]



  • Department of Labor

dol

Interruption in water services closes DOL Georgetown office for the day

August 14, 2017   Georgetown – The DOL Georgetown office is closed today due to an interruption in water service. Visit at dol.delaware.gov for contract info for our other offices as well as updates to the situation. We anticipate the issue will be corrected by Friday, Aug. 15 and apologize for the inconvenience.   ABOUT THE DELAWARE […]



  • Department of Labor

dol

DOL Georgetown office reopens after water service restored

August 15, 2017 Georgetown – The DOL Georgetown office has reopened to the public today after an interruption in water service was restored. We apologize for the inconvenience this may have caused.   ABOUT THE DELAWARE DEPARTMENT OF LABOR The Delaware Department of Labor connects people to jobs, resources, monetary benefits, workplace protections and labor […]



  • Department of Labor

dol

Delaware DOL Secy. Gilliam-Johnson visits Kent, Sussex farms in review of Migrant Seasonal Farm Worker program

October 10, 2017 As part of its ongoing work monitoring and tracking the state’s Foreign Labor Certification and Migrant Seasonal Farm Worker activities, officials from the Delaware Department ofLabor paid a recent visit to Kent and Sussex County farms enrolled in the programs. DOL Secretary Dr. Patrice Gilliam-Johnson was joined by Deputy Secretary Karryl McManus, Division […]



  • Department of Labor

dol

DOL New Castle County offices close at noon March 7

Severe Weather Conditions & Emergencies Alert – New Castle County WILMINGTON: State of Delaware offices in New Castle County are closing on Wednesday, March 7, 2018 from noon until 11:59 p.m.  



  • Department of Labor

dol

DOL Announces the “High Extended Benefits” Program

  For Immediate Release September 28, 2020 Contact: Kenneth Briscoe Director of Communications Kenneth.Briscoe@delaware.gov   (Wilmington, DE) – Monday, September 28, 2020 The Delaware Department of Labor announced today the extension of unemployment benefits, triggered by Delaware’s high jobless rate. Delaware’s three-month averaged, seasonally adjusted unemployment rate as of August 2020, is 10.6%.   Primarily […]



  • Department of Labor
  • News

dol

The DOL Releases Guidance Regarding the Newly Signed COVID-19 Relief Bill

December 28, 2020 For Immediate Release Kenneth Briscoe Email: kenneth.Briscoe@Delaware.gov   Wilmington, DE (Dec. 28, 2020) – On December 27, 2020, the President signed the latest COVID-19 Relief bill, which extends certain federal unemployment benefits available under the CARES Act. The bill provides the extension of the Pandemic Unemployment Assistance program (PUA) and Pandemic Emergency […]



  • Department of Labor

dol

DOL Conducting 2022 Annual Prevailing Wage Survey

The Division of Industrial Affairs (DIA) at the Department of Labor (DOL) is currently conducting its Annual Prevailing Wage Survey for state-funded construction projects – over 3,800 survey forms will be mailed out to contractors on December 27, 2021. The completed survey forms must be postmarked or returned to DIA for the data to be […]




dol

DOL Announces New Director of Vocational Rehabilitation

WILMINGTON, DE – Delaware Department of Labor (DOL) Secretary Karryl Hubbard has announced that Elisha Jenkins will serve as the new Director of the Division of Vocational Rehabilitation (DVR), replacing former Director Andrea Guest, who retired earlier this year. DVR is a partner in helping job seekers develop skill sets to find employment. The division […]




dol

DOL Conducting 2023 Annual Prevailing Wage Survey

The Division of Industrial Affairs (DIA) at the Department of Labor (DOL) is currently conducting its Annual Prevailing Wage Survey for state-funded construction projects. On January 4, 2023, the Department mailed over 4000 survey forms to contractors. The completed survey forms must be postmarked or returned to DIA for the data to be used in […]




dol

DOL Announces New Employer UI & Construction Employer Tax Rates for 2023

WILMINGTON, DE – The Delaware Department of Labor (DOL) announced the revised Taxable Wage Base, Assessment Rate Tables, Cap Earned Rate for Calendar Year 2023, and the New Employer Rates for 2023, effective January 1, 2023. The taxable wage base will be $10,500 in 2023. With the unanimous support of the Unemployment Insurance Advisory Council, […]



  • Department of Labor

dol

DOL Conducting 2024 Annual Prevailing Wage Survey

The Department is currently conducting its Annual Prevailing Wage Survey for state-funded construction projects. On December 20, 2023, the Department mailed over 4500 survey forms to contractors and various interested parties. The completed survey forms must be postmarked or returned no later than February 8, 2024, to the Department of Labor for the data to […]



  • Department of Labor
  • News

dol

DOL to Re-issue Unemployment Insurance Tax Rate Letters Due to Error

The Division of Unemployment Insurance (UI) recently mailed 2024 UI tax rate letters that contained incorrect information. We apologize for the error. We are working to correct the issue and will mail new letters with the correct rate as quickly as possible. All employers will receive updated letters even if their rate does not change. […]




dol

DOL Reissues Unemployment Insurance Tax Rate Letters

The Division of Unemployment Insurance has corrected the issue related to the 2024 UI tax rate letters mailed in January. Corrected letters have been mailed to employers the week of February 5, 2024. The corrected letters have a date of February 1, 2024. The Division of Unemployment would like to thank all employers for their […]




dol

Dole signs 15-year lease to remain at Port of Wilmington

Dole Food Company will continue to do business at the Port of Wilmington for the next 15 years thanks to a lease that will positively impact hundreds of jobs and secure a critical revenue stream for Delaware’s economy.