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Continue reading …Jill Filipovic On The Dangers Of Michele Bachmann’s HPV Ignorance Tampon Sent Over Miscarriage Law? GOP War on Women 2shar says: TSA love note riles more than just one passenger: http://t.co/b75teeU6 via @ dailydot
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Continue reading …• Third-quarter profits rise to $5.14bn, up from $1.8bn • Production down by 12% • Asset sales rise to $45bn BP boss Bob Dudley said on Tuesday that the embattled oil giant had reached a “definite turning point” following last year’s Gulf of Mexico disaster as he revealed a boost to third-quarter profits. BP reported profit of $5.14bn (£3.2bn) for the three months to September, compared with $1.8bn in the same period last year when BP was hit by heavy charges for cleaning up the Gulf spillage. BP said oil production over the quarter fell by 12% to 3.32m barrels due to the suspension of production in the Gulf, though BP expects production to be higher in the current quarter. Dudley has been under pressure following the collapse of a deal with Russian group Rosneft to explore in the Arctic region, but today unveiled an increase in the company’s asset sale programme from $30bn to $45bn . Dudley said he expected BP’s cashflow to grow by around 50% by 2014 – meaning greater returns for shareholders. The American, brought in to replace Tony Hayward in the wake of the crisis , said the extra cash would enable it to double its spending on new exploration and to increase its investment in its deep water operations, its giant fields and building its gas operations. The group’s payments into the Gulf of Mexico Trust Fund will end in 2012 and will provide half of the increase in cashflow, he added, while 17 new projects are due to come on stream over the next three years. The group has restarted operations in the Gulf and last week received approval for an exploration plan for the Kaskida field in the region. The cashflow forecast assumes oil prices of $100 per barrel, compared with an average of $112 so far this year, though lower production and higher maintenance activity and costs offset the benefit of higher prices in the latest quarter. For the nine months to September, BP posted profits of $15.9bn. “The company has steadied, turned round and now, this month, with high-margin assets returning on stream, we have reached a clear turning point,” Dudley said. He added that BP had lived up to its commitments in the Gulf and was putting “safety and risk management at the absolute heart of our business”. Shares rose 3% after the update. BP Oil Oil and gas companies Energy industry BP oil spill guardian.co.uk
Continue reading …• Third-quarter profits rise to $5.14bn, up from $1.8bn • Production down by 12% • Asset sales rise to $45bn BP boss Bob Dudley said on Tuesday that the embattled oil giant had reached a “definite turning point” following last year’s Gulf of Mexico disaster as he revealed a boost to third-quarter profits. BP reported profit of $5.14bn (£3.2bn) for the three months to September, compared with $1.8bn in the same period last year when BP was hit by heavy charges for cleaning up the Gulf spillage. BP said oil production over the quarter fell by 12% to 3.32m barrels due to the suspension of production in the Gulf, though BP expects production to be higher in the current quarter. Dudley has been under pressure following the collapse of a deal with Russian group Rosneft to explore in the Arctic region, but today unveiled an increase in the company’s asset sale programme from $30bn to $45bn . Dudley said he expected BP’s cashflow to grow by around 50% by 2014 – meaning greater returns for shareholders. The American, brought in to replace Tony Hayward in the wake of the crisis , said the extra cash would enable it to double its spending on new exploration and to increase its investment in its deep water operations, its giant fields and building its gas operations. The group’s payments into the Gulf of Mexico Trust Fund will end in 2012 and will provide half of the increase in cashflow, he added, while 17 new projects are due to come on stream over the next three years. The group has restarted operations in the Gulf and last week received approval for an exploration plan for the Kaskida field in the region. The cashflow forecast assumes oil prices of $100 per barrel, compared with an average of $112 so far this year, though lower production and higher maintenance activity and costs offset the benefit of higher prices in the latest quarter. For the nine months to September, BP posted profits of $15.9bn. “The company has steadied, turned round and now, this month, with high-margin assets returning on stream, we have reached a clear turning point,” Dudley said. He added that BP had lived up to its commitments in the Gulf and was putting “safety and risk management at the absolute heart of our business”. Shares rose 3% after the update. BP Oil Oil and gas companies Energy industry BP oil spill guardian.co.uk
Continue reading …Libyan dictator buried at dawn after corpse’s decay forced government to withdraw it from public display, al-Jazeera reports The Libyan government buried Muammar Gaddafi in an unknown location at dawn on Tuesday, al-Jazeera television reported, citing a source in the ruling National Transitional Council (NTC). Officials from the interim government had said earlier that the ousted Libyan leader would be buried in a secret desert grave, ending a wrangle over his rotting corpse that led many to fear for the country’s governability. Government forces had put the body on show in a cold store in Misrata while they argued over what to do with it, until its decay forced them to end the display on Monday. The killing of the 69-year-old in his hometown of Sirte brought to a close eight months of war, finally ending a nervous two-month hiatus since anti-Gaddafi fighters overran the capital, Tripoli. But it also threatened to lay bare the regional and tribal rivalries that present the NTC with its biggest challenge. NTC officials had said negotiations were going on with Gaddafi’s tribal kinsmen from Sirte and within the interim leadership over where and how to dispose of bodies – Gaddafi’s son Mutassim was also on display in Misrata – and over what rebel leaders in possession of corpses might receive in return for co-operation. “No agreement was reached for his tribe to take him,” an NTC official told Reuters. With the decay of the body forcing the NTC leadership’s hand, it appeared to have decided that an anonymous grave would at least ensure the plot did not become a shrine. An NTC official told Reuters several days ago that there would be only four witnesses to the burial, and all would swear on the Qur’an never to reveal the location. NTC fears that Gaddafi’s sons might mount an insurgency have largely been allayed by the death of two of those who wielded the most power, military commander Khamis and Mutassim, the former national security adviser. Mutassim was captured along with his father in Sirte and killed in similarly unclear circumstances. The NTC official said he would be buried in the same ceremony on Tuesday. Khamis was killed in fighting earlier in the civil war. But the official said Gaddafi’s long-time heir apparent Saif al-Islam was in the remote southern desert and set to flee Libya, with the NTC powerless to stop him. “He’s on the triangle of Niger and Algeria. He’s south of Ghat, the Ghat area. He was given a false Libyan passport from the area of Murzuq,” the official added. He said Muammar Gaddafi’s former intelligence chief Abdullah al-Senussi who, like Saif al-Islam, is wanted by the international criminal court, was involved. “The region is very, very difficult to monitor and encircle,” he said. “The region is a desert region and it has … many, many exit routes.” The death of the fallen dictator allowed the NTC to spark mass rejoicing by declaring Libya’s long-awaited “liberation” on Sunday in Benghazi, the seat of the revolt. But it also highlighted a lack of central control over disparate armed groups, and jockeying for power among local commanders as negotiations begin in earnest to form an interim government that can run free elections. Muammar Gaddafi Libya Arab and Middle East unrest Middle East Africa guardian.co.uk
Continue reading …Libyan dictator buried at dawn after corpse’s decay forced government to withdraw it from public display, al-Jazeera reports The Libyan government buried Muammar Gaddafi in an unknown location at dawn on Tuesday, al-Jazeera television reported, citing a source in the ruling National Transitional Council (NTC). Officials from the interim government had said earlier that the ousted Libyan leader would be buried in a secret desert grave, ending a wrangle over his rotting corpse that led many to fear for the country’s governability. Government forces had put the body on show in a cold store in Misrata while they argued over what to do with it, until its decay forced them to end the display on Monday. The killing of the 69-year-old in his hometown of Sirte brought to a close eight months of war, finally ending a nervous two-month hiatus since anti-Gaddafi fighters overran the capital, Tripoli. But it also threatened to lay bare the regional and tribal rivalries that present the NTC with its biggest challenge. NTC officials had said negotiations were going on with Gaddafi’s tribal kinsmen from Sirte and within the interim leadership over where and how to dispose of bodies – Gaddafi’s son Mutassim was also on display in Misrata – and over what rebel leaders in possession of corpses might receive in return for co-operation. “No agreement was reached for his tribe to take him,” an NTC official told Reuters. With the decay of the body forcing the NTC leadership’s hand, it appeared to have decided that an anonymous grave would at least ensure the plot did not become a shrine. An NTC official told Reuters several days ago that there would be only four witnesses to the burial, and all would swear on the Qur’an never to reveal the location. NTC fears that Gaddafi’s sons might mount an insurgency have largely been allayed by the death of two of those who wielded the most power, military commander Khamis and Mutassim, the former national security adviser. Mutassim was captured along with his father in Sirte and killed in similarly unclear circumstances. The NTC official said he would be buried in the same ceremony on Tuesday. Khamis was killed in fighting earlier in the civil war. But the official said Gaddafi’s long-time heir apparent Saif al-Islam was in the remote southern desert and set to flee Libya, with the NTC powerless to stop him. “He’s on the triangle of Niger and Algeria. He’s south of Ghat, the Ghat area. He was given a false Libyan passport from the area of Murzuq,” the official added. He said Muammar Gaddafi’s former intelligence chief Abdullah al-Senussi who, like Saif al-Islam, is wanted by the international criminal court, was involved. “The region is very, very difficult to monitor and encircle,” he said. “The region is a desert region and it has … many, many exit routes.” The death of the fallen dictator allowed the NTC to spark mass rejoicing by declaring Libya’s long-awaited “liberation” on Sunday in Benghazi, the seat of the revolt. But it also highlighted a lack of central control over disparate armed groups, and jockeying for power among local commanders as negotiations begin in earnest to form an interim government that can run free elections. Muammar Gaddafi Libya Arab and Middle East unrest Middle East Africa guardian.co.uk
Continue reading …Texas’ Mike Napoli hit a tiebreaking two-run double in the eighth inning as the Rangers came from two runs down to beat the St. Louis Cardinals 4-2 Monday night and take a 3-2 lead in the World Series. (Oct. 25)
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