We care when an airplane crashes. And then we don’t

first_imgOn 19 May, EgyptAir Flight 804 crashed into the Mediterranean Sea, killing all 56 passengers and 10 crew members aboard. The Wikipedia entry documenting the disaster went up within hours, and it will likely remain online into perpetuity. Human readers, however, lost interest after about a week. A pair of new studies reveals that’s common whether an aircraft crash kills 50 people or 500—a finding that reveals some surprises about our online attention spans.With the vast knowledge of humankind mere touchscreen taps away, it’s fair to say websites like Wikipedia represent a kind of boundless augmented memory for humans. Yet in the face of these near-infinite data, human attention remains relatively short. Social scientists refer to this gradual loss of interest in a topic as attentional decay. “The internet offers limitless knowledge, but it doesn’t solve the problem of our limited attention spans,” says the study’s lead author, Taha Yasseri, a computational social scientist at the University of Oxford in the United Kingdom.Yasseri was initially drawn to look at the online behavior surrounding aircraft crashes after Germanwings Flight 9525 went down in the French Alps last year. Investigators eventually determined the pilot committed suicide, taking the lives of all 150 people on the plane. Curious, Yasseri checked out the page views—a running tally of everyone who has visited the site—for the disaster’s Wikipedia entry and noticed that interest peaked in the days following the crash, then rapidly dropped off after about a week.Sign up for our daily newsletterGet more great content like this delivered right to you!Country *AfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D’IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and Mcdonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People’s Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People’s Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, The Former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinianPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRWANDASaint Barthélemy Saint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofVietnamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabweI also wish to receive emails from AAAS/Science and Science advertisers, including information on products, services and special offers which may include but are not limited to news, careers information & upcoming events.Required fields are included by an asterisk(*)He began looking at other crashes both big and small and noticed similar page view patterns for all of them. Yasseri and his Oxford colleagues decided to formally analyze the data and built an algorithm that parsed data on all pages on aircraft crashes in Wikipedia’s two most popular language versions, English and Spanish. It then spit out a report on when each page was created, when it was edited, how many times it had been read, and when those page views happened.The researchers found that when a crash involved fewer than 50 deaths, Wikipedia readers tended to pay relatively little attention. The researchers called these “low-impact events,” and found they were statistically insignificant to readership patterns. Crashes with more than 50 deaths, on the other hand, were identified as high-impact events. For these, readership jumped and scaled up according to how many people were killed and the continental region in which they occurred.Crunching all the data, the team put together a table describing how much attention readers from each language version of Wikipedia paid to various high-impact crashes. A strong regional bias emerged: English Wikipedia readers were much more likely to read about North American and European crashes, and Spanish Wikipedia readers were more likely to read about Latin American crashes. Page views on English and Spanish Wikipedia for North American and Latin American aircraft crashes, respectively, were each about 50 times greater than for African crashes.But as the researchers report today in the journal Royal Society Open Science, regardless of where the crash happened and how many people were killed, on both English and Spanish Wikipedia, page views dropped in half between 3 to 10 days after the event.This happens for two reasons, Yasseri explains. First, there’s a “decay of novelty.” New information is appealing, and we naturally lose interest after it stops being new. And second, humans can only pay attention to so many topics at one time. As other things happen, newer events outcompete older events for our attention.Although Yasseri says he expected to see attentional decay, he was surprised that the scale of the disaster didn’t seem to influence how long it took for people to move on. The fact that it was seen in both language versions hints at a universal rule for online information consumption—big disasters don’t capture our attention any longer than smaller ones.Maybe that’s not such a bad thing, according to Giovanni Luca Ciampaglia, a research scientist at the Indiana University Network Science Institute in Bloomington who studies collective social phenomena on the internet. “I refrain from making a value judgment over whether this short attention span online is good or bad,” he says. “But maybe it signals that we are able to just move on and pay attention to other things as they come up. In a certain sense, it’s kind of necessary.”last_img read more

Valverde dodges Arthur to Barca questions

first_imgTransfers I thought he was an actor! – Barca’s Valverde dodges Arthur questions Ryan Benson 04:38 24/2/2018 FacebookTwitterRedditcopy Comments(0) arthur-cropped Getty Images Transfers Barcelona Ernesto Valverde Barcelona v Girona Girona Grêmio Primera División The Gremio midfielder Arthur has been linked with Camp Nou, but the Blaugrana coach tried to convince reporters of his ignorance on Friday. Barcelona coach Ernesto Valverde dodged questions about the club’s reported interest in Gremio midfielder Arthur, claiming he thought he was being asked about an actor.Arthur has been linked with Barca for several months after establishing himself as one of South America’s most promising young players during Gremio’s successful Copa Libertadores campaign last year.Reports of Barca’s interest initially began circulating in December when Arthur was photographed wearing the club’s jersey during a meeting with sporting director Robert Fernandez. Article continues below Editors’ Picks Williams case shows Solskjaer isn’t holding Man Utd’s youngsters back – he’s protecting them Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Although that moved angered the Brazilian club, negotiations have taken place since and reports have even suggested the two clubs are closing in on an agreement worth an estimated €40million.Though, when asked about Arthur, Valverde tried to convince reporters of his ignorance.He said: “Arthur? What’s his last name?”I thought he was an actor! He’s at another team. I’ve seen him, like a lot of others.”News rocked Spain on Thursday when it was confirmed a police officer died of a cardiac arrest during violent clashes between Athletic Bilbao and Spartak Moscow at the former’s San Mames stadium before a Europa League meeting.Although the officer’s death was not directly caused by physical trauma, it was pointed out by official statements that a flare thrown from a group of Russian supporters had landed near him just a few seconds before.Valverde, who coached Athletic before Barca, expressed his sadness at the situation and rued the fact some people use football as a “shortcut” to give other things “visibility”.”We’re all affected,” Valverde said. “Especially in my case, as it happened in Bilbao.”Football is there to be enjoyed, but there are people who use football as a shortcut to other things. It’s not a footballing problem, it’s just that that’s where it gets visibility.”last_img read more

Leicester deny Mahrez retirement post

first_imgRiyad Mahrez Leicester deny Mahrez has retired after Algerian’s Facebook account hacked Sacha Pisani Last updated 1 year ago 19:00 7/3/2018 FacebookTwitterRedditcopy Comments(0) Riyad Mahrez Leicester City Getty Images Riyad Mahrez Leicester City Premier League WTF The Algeria international’s social media page suggests he has been forced to hang up his boots on medical grounds, but the Foxes have denied it Leicester City have denied that Riyad Mahrez has retired from football, instead insisting that his Facebook account was hacked.A message emerged via Mahrez’s verified Facebook page late on Tuesday, suggesting the Algeria international was bringing an end to his career.However, the Foxes have now confirmed that the post was not a genuine one, and that they have had the post taken down from the social media site. Article continues below Editors’ Picks Williams case shows Solskjaer isn’t holding Man Utd’s youngsters back – he’s protecting them Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp  Riyad Mahrez Leicester City RetirementA spokesman confirmed: “Yes that’s correct. It’s not a genuine post and we’re working with Facebook to have it removed.”A picture of Mahrez had been uploaded to the popular social media platform, with an accompanying caption, which read: “After the last consultation with many doctors, I’ve decided to stay away from football.”As my time as a football player comes to an end, I would like to say few words.”I want to thank everybody for the kindness and support they have shown me in this incredible city. You will be always in my heart.”Mahrez saw a deadline-day move to Premier League champions-elect Manchester City fall through in January and the 27-year-old was absent from Leicester for 10 days.last_img read more

Pele impressed by Tite ahead of World Cup

first_imgWorld Cup Pele impressed by Tite’s ability to cope with Brazil’s modern challenges Peter Hanson 08:00 17/3/2018 FacebookTwitterRedditcopy Comments(0) Tite-cropped Getty Images World Cup Russia v Brazil Germany v Brazil Brazil v Switzerland Brazil The ex-Corinthians coach has made a brilliant start in one of football’s most demanding jobs, qualifying with ease for Russia 2018 Brazil coach Tite has a more difficult job to do than many of his national team predecessors, according to Selecao legend Pele. Tite was appointed to the top job in June 2016 after Dunga was dismissed following Brazil’s poor showing at the Copa America Centenario.The 56-year-old has drawn plenty of plaudits for Brazil’s performances under his stewardship and the team is considered among the favourites for World Cup glory in Russia this year. Article continues below Editors’ Picks Williams case shows Solskjaer isn’t holding Man Utd’s youngsters back – he’s protecting them Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Brazil’s latest 25-man squad for friendlies with Russia and Germany includes just three domestic-based players, and Pele sympathised with the challenges Tite faces.”I don’t want to say that I was the one that supported Tite the most, and it’s not because I wasn’t sure of what he could accomplish, no one can say for a fact what is going to happen but God, only God knows what is going to happen in the future,” he told ESPN. “But Tite, whenever I was with him or talked to him, I could feel he is a serious person with a lot of character. He always talked with confidence. He could even make mistakes as no one is perfect. “But he said something that really made sense to me about our national team in the 70s and 80s. “Tite said ‘Pele, if I have the chance to become the coach of Brazil, and stay there for a while, I want to build a team that will be able to compete for two or three years, so everyone can better understand each other’.”Furthermore, in a fun tone, he said ‘I can’t build a team like the ones you were part of. Back in your day, the best players of Brazil didn’t leave the country to play overseas. Only a few players went on to play abroad. Even you, during your 25-year career played all those years in Brazil, you only left at the end of your career, when you played for the New York Cosmos.”To manage the national team at that time was easy. The players were excellent so it was easier to build the national team. In our modern age, I need scouts everywhere. Three to four Brazilian players are playing in each part of the world. It is harder now, but I want to build a team that can be steady.’ “And I liked a lot what he had to say, I pray to God that he can accomplish his goals.”last_img read more

Why Mike Gundy Has New Life as a Coach and is Excited About the 2019 Season

first_imgDiscipline — or lack thereof — was a constant gripe among spectators last season. The team wasn’t very good as it was, but when it was, penalties and lapses in thinking often made them look worse.So Gundy’s solution? For him, it’s simple: get back to his coaching roots. That means more discipline, more physicality, and in turn, hopefully, a better team.“I feel like we need to be a more disciplined, physical, tough football team,” said Gundy. “So I’m going to make a point as I did in the spring and hopefully it carried on this summer when the players were working out and obviously we’re not out there with them, to be a more disciplined, physical football team, and I think that will help our team. So I’m excited about just seeing the results.” 20165.342 YearAvg. penalties per gameNational Rank 20175.133 ARLINGTON, Texas — The added density on the mullet and the favorable home schedule aren’t the only reasons Mike Gundy has a pep in his step as he looks ahead to the 2019 football season.At Big 12 media days on Monday, Gundy explained he is especially rejuvenated this summer for the upcoming season because of another reason: lack of success last season.“I’m more excited and looking forward to a season than I have in a long, long time,” he said. “We didn’t play as well last year as we should have, in my opinion, and it was the result of me not doing my job and holding coaches and players accountable. We weren’t a very disciplined football team. We weren’t a very tough football team. Those are two areas that we can control the outcome.”Gundy’s teams typically rate out above the national average (sometimes well above the national average, sometimes just averug) in terms of penalties per game, but 2018 was definitely a slip far below what has been the norm in the four years before it.As you can see below, from 2015-2017, the team ranked inside the top 50 each year in penalties committed. In 2018, however, OSU committed 6.8 penalties per game, ranking 95th in the country according to TeamRankings.com. While you’re here, we’d like you to consider subscribing to Pistols Firing and becoming a PFB+ member. It’s a big ask from us to you, but it also comes with a load of benefits like ad-free browsing (ads stink!), access to our premium room in The Chamber and monthly giveaways.The other thing it does is help stabilize our business into the future. As it turns out, sending folks on the road to cover games and provide 24/7 Pokes coverage like the excellent article you just read costs money. Because of our subscribers, we’ve been able to improve our work and provide the best OSU news and community anywhere online. Help us keep that up. 20106.893 20136.9105 20115.551 20146.275 20186.895 20155.538 20126.684last_img read more

Reader Thoughts: Perception of Mike Gundy Low Among Fans

first_imgI got this email this week from a reader who gave me the go-ahead to post it. I’m not posting it to comment on it. In fact I’m not going to comment on it even though I disagree with parts of it. I’m posting it because I think it’s a good synopsis of where a lot of rational OSU fans are at the moment with Gundy (based on what people tell me), which is about to become problematic for Oklahoma State as a program.Here it is.Here’s the biggest deal for me and why I’m so anti Gundy right now, he doesn’t seem engaged. My friend was at the game he sent a pic of the team huddled up during a time out, Gundy was 20 yards away, arms crossed. He literally looks like a corpse propped up out there. Look at the elite coaches, they are so involved in every play. Not Gundy, and his team plays like he coaches. Low energy, boring, no urgency. He’s really turning into Bill Snyder, I don’t want that. I’m not buying a new polo every year, having my weekends revolve around OSU football for 6-6/8-4 seasons every year. If we have no chance at ever winning the conference, I will quit caring. I’ll watch OSU football like I watch OSU basketball or the Dallas Cowboys. If I’m not doing anything, I’ll watch it or have it on as background noise. But I’m rarely engaged in those games, I’m mostly indifferent. That’s it in a nutshell, I’m afraid Gundy is going to end up turning the fan base into mostly indifferent people. Maybe Shane Illingworth comes in and jolts the program, I’m not off the Sanders hype train, but it is starting to lose steam. I honestly think he might have been a little concussed, he was playing really well till he took that shot to the dome. Play-calling doesn’t help him either. Anyways, another loss and I’m out on the season, I’m not here for a coach that looks like Bernie from “Weekend at Bernie’s” (get Carson to explain the reference) or a team that plays like they’ve got better things to do.  While you’re here, we’d like you to consider subscribing to Pistols Firing and becoming a PFB+ member. It’s a big ask from us to you, but it also comes with a load of benefits like ad-free browsing (ads stink!), access to our premium room in The Chamber and monthly giveaways.The other thing it does is help stabilize our business into the future. As it turns out, sending folks on the road to cover games and provide 24/7 Pokes coverage like the excellent article you just read costs money. Because of our subscribers, we’ve been able to improve our work and provide the best OSU news and community anywhere online. Help us keep that up.last_img read more

Tylan Wallace and Dez Bryant Have Had Eerily Similar Careers at OSU

first_imgWhile you’re here, we’d like you to consider subscribing to Pistols Firing and becoming a PFB+ member. It’s a big ask from us to you, but it also comes with a load of benefits like ad-free browsing (ads stink!), access to our premium room in The Chamber and monthly giveaways.The other thing it does is help stabilize our business into the future. As it turns out, sending folks on the road to cover games and provide 24/7 Pokes coverage like the excellent article you just read costs money. Because of our subscribers, we’ve been able to improve our work and provide the best OSU news and community anywhere online. Help us keep that up. Tylan Wallace is … Dez Bryant? That’s the comp Mike Gundy made on Monday at his weekly press conference.It makes sense, too. In a vacuum, I’m always taking Dez because he’s bigger and more athletic, but I think Gundy’s right about Tylan, especially when it comes to this season. I’ve said this all year, but Tylan looks bigger, faster and better than he ever has before.In other words, he looks kind of like Dez.“First thing is that he’s not scared,” said Gundy. “You don’t see that a lot in today’s game. Considerably fewer players now are willing to throw their body at somebody else. It’s just a different generation when it comes to that.”Gundy congratulating himself internally for the subtle dig at #footballguys in 2019 vs. #footballguys back in his day when they ate raw meat before the games and played with cotton balls for shoulder pads.“He’s extremely physical, he’s not scared and he’s explosive. He’s going to have a really good vertical jump, and he’s an explosive type of athlete. Those guys come up on him and he can stiff-arm them, and he’s got great balance.”Yes … yes, I think this is true.48969094301_cf76232c82_k.jpg48969272427_1484ae1d56_k.jpg48969273162_4e10d91dd2_k.jpg“The play that he made Saturday was like Dez Bryant. It looked like something Dez would do back in the day. It’s about as good of a play as I’ve seen in a long time.”Here’s how one of our readers put it.If Jerry Jeudy for Alabama had that one highlight and nothing else, they would give him the Biletnikoff after the game. Wallace is far and away the best WR in the college game. He trucked one of the best LBers in the conference so hard he didn’t reenter the game.And the kid he stiff-armed is seeing a counselor twice a week to address the PTSD caused by said stiff arm. The last defender who whiffed did so on purpose after seeing his teammate get thrown to the ground like rag doll. That play was poetry in motion, and the poem was about a monster truck running over everything in its path. [PFB]That’ll sum it up.Every time Dez is brought up I am contractually obligated to post this video to remind you that he was the original Superman, even if Tylan wears the shirt.But yeah, it looks a lot like … this.Their pedigrees are eerily similar, too. Wallace was the 20th-ranked player in Texas coming out of high school. Dez was seventh. They were both four-star guys coming to Stillwater — Dez is the fourth-highest ranked recruit in OSU history, Wallace is 10th. Very different than the two-star studs in No. 28 and No. 81.The timelines are a little different here because Tylan played only a handful of games his freshman year while Dez played them all, but you can overlay their career stats and not tell much difference.Dez (27 games): 147 catches | 2425 yards | 29 TDTylan (26 games): 146 catches | 2512 yards | 20 TDSo yeah, maybe Tylan really is the Dez of this era. Their skills are probably more similar than if you tossed James Washington into the equation. It was a good Gundy reminder on Monday that we should both appreciate what Wallace is doing on this team and remember just how good the original Superman was back in his day. No. 2 and No. 1. No. 1 and No. 2. Whatever order you put them isn’t wrong, and both slot nicely in OSU’s lengthy lineage of elite college wideouts.last_img read more

9 months agoRed Bull Salzburg striker Moanes Dabour eager to hear from Liverpool

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Red Bull Salzburg striker Moanes Dabour eager to hear from Liverpoolby Paul Vegas9 months agoSend to a friendShare the loveRed Bull Salzburg striker Moanes Dabour has welcomed interest from Liverpool.TMW says Dabour is waiting for a call from Liverpool to bring him to Anfield.Despite rival interest from Valencia, he is reportedly desperate to play for Jurgen Klopp.Liverpool can snap up Dabour, 26, for £22.3m (€25m) because of a release clause in his contract.The Nazareth-born hotshot is enjoying a prolific campaign for Salzburg.He has scored 20 goals in 30 appearances in all competitions, including nine strikes in the Austrian Bundesliga.Dabour is under contract at Salzburg until the summer of 2021. last_img read more

Yellow vest protesters target French media as movement ebbs

first_imgPARIS — Yellow vest protesters marched on the headquarters of leading French broadcasters Saturday, as small groups turned out Saturday in Paris and around France despite waning momentum for their movement.Hundreds of demonstrators, some chanting “Journalists – Collaborationists!” traced a path around Paris visiting the central offices of television networks BFM and state-run France Televisions and announced plans to march to other broadcasters.Some members of the broad-based yellow vest movement accuse leading media of favouring President Emmanuel Macron’s government and big business and minimizing the protests — even though they’ve been the leading news story in France since they kicked off Nov. 17 out of anger at fuel tax hikes.Dozens of protesters tried to march Saturday on the elegant, tourist-filled Champs-Elysees — scene of repeated recent clashes between police and demonstrators — but were peacefully turned away by security forces. Both police and protesters appeared to be out in much smaller numbers than previous weekends.The holiday season and winter chill may have put a damper on Saturday’s turnout, along with a raft of concessions by Macron to calm the movement after rioting nearly reached his presidential palace earlier this month.Despite Macron’s offers of tax relief and other aid, many people remain frustrated with his pro-business leadership and are continuing to stage roadblocks at roundabouts around the country.Peaceful gatherings were held Saturday in several cities, from Marseille on the Mediterranean to Albertville in the Alps and Rouen in Normandy. Protesters continued blocking roundabouts in several sites, tangling traffic and letting just a few drivers through at a time, on a busy weekend of holiday travel.New protests are expected on the Champs-Elysees on New Year’s Eve, when Paris puts on a light show that typically attracts large crowds of spectators.The movement quickly spread beyond the fuel tax worries to encompass broad French anger at Macron’s economic policies. It’s named after the fluorescent protective gear French motorists must keep in their cars.The Associated Presslast_img read more

India may increase crude oil imports from Brazil, Mexico

first_imgNew Delhi: India may increase oil imports from Brazil and Mexico to offset the loss of Venezuelan oil in the wake of US sanctions on that country. Venezuela is the fourth largest oil supplier to India after Saudi Arabia, Iraq and Iran. It accounted for about 11 per cent of India’s oil supplies in 2017-18, supplying close to 18 million tonnes (mt). But the oil imports from Venezuela have come under threat following the US sanctions, forcing Indian companies to scout for alternate markets. Also Read – Thermal coal import may surpass 200 MT this fiscalDiplomatic sources said that both Brazil and Mexico have expressed their desire to strengthen energy sector cooperation and India is evaluating the option and will take a call once it gets reports from its public and private sector oil marketing companies. India shares good trade relation with both Mexico and Brazil. Both countries are also leading producers of oil, with Brazil at the 10th largest oil producer globally with a production of about 150 million tonnes (mt) of crude and Mexico at 11th position (production 110 mt). Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost”The two countries can be useful alternate to Venezuelan oil but a decision to enhance imports would depend only after accessing the quality of oil and terms of supply that should be comparable with of Venezuela,” said the source. India is already importing oil from both Brazil and Mexico but the quantity had come down progressively since 2013. While India imported crude worth $ 3.50 billion and $ 1.78 billion from Mexico and Brazil respectively in 2013, this went down to $1.38 billion and $0.81 billion now. Mexico’s state oil company Pemex has reported a decline in production due to its ageing fields resulting in lower output. But the situation may change soon with a new government pushing up production focusing on inviting foreign investment in their fields. Brazil also is undertaking big reforms in the energy sector to increase production and exports of oil. India imported 155 mt of oil in 2017-18. The imports are expected to hit over 170 mt in FY19 with Saudi Arabia being the largest supplier followed by Iraq and Iran. Oil imports from Iran are already on the decline due to US sanctions. This is expected reduce further once the US removes the waiver given to certain oil importing countries. The US is seeking to cut off Venezuela’s oil revenue as part of its efforts to build pressure on President Nicolas Maduro to step down. The sanctions mean that anyone using US banking channels or having a big presence in the US and continuing to deal with Venezuela will also face restrictions. In view of this, Indian buyers such as Reliance Industries and Nayara Energy (formerly Essar Oil) have already reduced oil imports. These companies are big on oil imports from Venezuela. In fact, Reliance Industries accounted for 80 per cent of Venezuelan oil imports to India in 2018 at 270,000 barrels a day. But the company has reduced its purchases of Venezuelan crude oil to well below its contracted levels.last_img read more