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Stockholders want BP to pay dividends again

British Petroleum (NYSE: BP) is said to be considering spilling cash – not oil – to its public shareholders. Shareholders of the oil giant, which is infamous for being responsible for the oil spill off the Gulf coast region in June, the worst oil spill in history, are calling for the company to pay a dividend once again
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Mexico Dec unemployment rate falls to 4.94 pct

Mexico's unemployment rate fell more than expected in December, dropping to 4.94 percent in a sign that an economic recovery is gaining traction, data from the national statistics agency showed on Friday.

In China, Obama sees growing U.S. market

President Barack Obama on Wednesday highlighted ways in which China is changing its policies that are likely to boost sales to the third largest U.S. trading partner.

Jared Loughner used legal hallucinogen salvia

Arizona shooting suspect Jared Loughner had been known for using drugs according to friends, including marijuana and a little known, but increasingly popular hallucinogenic drug, salvia.

What is ARkStorm?

ARkStorm is a hypothetical winter storm scenario created by USGS's Multi-Hazards Demonstration Project for Southern California (MHDP) where experts have tried to forecast and assess the scientifically plausible physical event of a disastrous storm and the consequential secondary hazards as well as physical, social, and economic consequences.

What are atmospheric rivers? Do they threaten California?

The United States Geological Survey (USGS) issued a statement over the weekend saying a phenomenon called atmospheric river (AR) caused disastrous high winds and rains in northern California in October, but the information inadvertently touched a sensitive chord among anxious residents, triggering a flare-up of fears about massive natural calamities waiting in the wings.

California super storm scenario ripples through the state

The so-called super storm scenario prepared by the U.S. Geological Survey says such super storm has potential to move water of almost 50 Mississippi rivers into the Gulf of Mexico, causing massive floods and devastation in California.

Waves of criticism, alarm over BP-Rosneft deal

Ed Miliband, leader of Britain’s Labour Party, has joined a growing chorus of critics expressing reservations over BP plc’s (NYSE: BP) joint venture with Russian energy giant Rosneft to explore potentially massive oil and gas deposits on the Arctic shelf – BP’s first major deal since last year’s Deepwater Horizon catastrophe.

Shell, others allowed to resume deepwater drilling in Gulf of Mexico

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), the federal agency, which oversees U.S. offshore drilling, has allowed Shell Offshore Inc. and 12 other oil and gas companies to resume deepwater drilling operations in the Gulf of Mexico without the need to submit revised exploration or development plans for supplemental National Environmental Policy Act (NEPA) reviews.

Obama gets 31 million TV viewers in Tucson tribute

Some 31 million U.S. television viewers tuned in to see President Barack Obama lead a memorial tribute to victims of the deadly shooting rampage in Tucson, Arizona, according to TV ratings provider Nielsen.
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'Off the Map', a medical drama in the Jungle

The new show, 'Off the Map', even though an amalgamation of other medical dramas like 'Private Practice', 'Grey's Anatomy' and 'ER', will have a different setting - the jungles of South Americas - hence making the drama more outdoorsy

Bugs Could Replace Cattle, Cut Greenhouse Gases

Livestock put a lot of stress on the environment through greenhouse gas emissions. A group of Dutch scientists has asked whether insects might replace cattle as food and cut the environmental impact.
A BP sign is seen at a petrol station in south London.

Is the Worst Over For BP?

BP Plc, which is tormented by the Gulf of Mexico oil spill, has witnessed a positive development last week when Presidential Commission did not find BP solely responsible for the oil spill.

Management failure key to Deepwater blowout, report says

Better management of oil industry-related companies BP, Halliburton and Transocean could have almost certainly prevented an underwater oil rig blowout last year that led to the largest ever U.S. oil spill, a presidential panel concluded in its final report.

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