MEXICO

A hard hat from an oil worker lies in oil from the Deepwater Horizon oil spill on East Grand Terre Island, Louisiana

Halliburton, Anadarko sinking on oil spill blame game

Shares of Halliburton Co. (HAL) and Anadarko Petroleum Corp. (APC) are dropping this morning after a report by a presidential commission into the Gulf of Mexico oil spill from last year spread the blame to various parties, not only BP plc (NYSE: BP).

Can US drill its way to low gasoline prices?

A Chevron tanker truck unloads gasoline into underground storage tanks in Burbank
Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.

Mazda US sales up 17.7 pct in Dec

Mazda company logo
Mazda North American Operations (MNAO) today reported December 2010 sales of 21,479, up 17.7 percent versus December 2009 while year-to-date 2010 sales came in at 229,566, up 10.5 percent versus 2009. There were 27 selling days in December 2010 compared to 28 in December 2009, and 308 selling days in 2010 compared to 310 in 2009.

BP shares jump on Shell takeover speculation

Shares of BP plc (NYSE: BP) have leapt today partially on a report in the UK newspaper Daily Mail that Royal Dutch Shell (NYSE: RDS.A) may be interested in merging the two global oil giants.
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 Sebelius speaks about the flu season alongside Locke and Napolitano at the Commerce Department in Washington,  August 19, 2009.

Healthcare bonuses go to states

The Department of Health and Human Services is handing out end of the year bonuses. Unlike the big cash awards that investment firms give their best performers at year’s end, these bonuses are meant to help the poor and disadvantaged.
South Korea K-1 tanks fire live rounds during air and ground military exercises on the Seungjin Fire Training Field, in mountainous Pocheon December 23, 2010.

Korean situation a 'tinderbox,' envoy says

Amid large-scale South Korean military drills near the border with North Korea, a top official from the North warned against intrusion into its territory, threatening war and citing possible use of nuclear weapons, while an unofficial U.S. ambassador said the situation was like a tinderbox.
Latino demonstrators protest outside the White House during a May Day march in Washington, May 1, 2009.

Census 2010 results to show U.S. Latino growth

The U.S. Latino population, which several decades ago was mostly concentrated in the Southwestern part of the country, is expected to show continued growth and geographic expansion in the 2010 Census report.
A BP logo is seen on a petrol station in London

BP, eight others sued by U.S. govt for Deepwater oil spill

The U.S. Department of Justice (DOJ) has filed a civil lawsuit against energy giant BP Exploration and Production Inc. and eight other companies, accusing them of violating the Clean Water Act and has asked the court to hold them liable without limitation under the Oil Pollution Act for all removal costs and damages caused by the oil spill, including damages to natural resources.
A drilling platform is moored offshore in the Dead Sea

Oil field services firms to recover from BP spill shock

The explosion on BP's Deepwater Horizon drilling platform in Macondo early this year was no less than a cut on the oil industry's artery, out of which gushed millions of barrels of oil into the Gulf of Mexico - a tragedy that devastated the Gulf Coast ecosystem, paralyzed an oil behemoth and thwarted the Big Oil's prospects by attracting a moratorium on deepwater drilling and a crippling regulatory environment.
A BP logo is seen on a petrol station in London November 2, 2010.

U.S. sues BP, seeks fines for oil spill

The U.S. sued BP and eight other defendants on Wednesday over the Deepwater Horizon oil spill in the Gulf of Mex ico, seeking civil penalties under the Clean Water Act.
Solar panels

Sunny report on solar exports

The Obama administration has an ambitious goal of doubling U.S. exports over the next five years and creating two million U.S. jobs in the process.
A photographer takes a picture of a Chevy Malibu hybrid car on display on West Executive Drive at the White House in Washington April 22, 2009.

Push to make R&D credit permanent

As Congress considers a broad tax deal proposed by President Barack Obama and Republicans, high tech and manufacturing businesses are particularly favorable to a provision that would extend research and development tax credits.
Nema bay in Egyptian Red sea resort of Sharm el-Sheikh

Egypt mulls promotion of ecotourism

The ministry’s decision came within few days from the recently concluded United Nations Climate Change Conference in Cancun, Mexico in which, role of tourism in climate change agenda was equally positioned.
Cancun agrees on 'climate deal'

Cancun agrees on 'climate deal', funds for developing countries

Delegates at the UN climate change conference in Cancun have agreed on a deal to curb climate change and fund developing countries on Saturday. Bolivia however, raised objections to the proposals drawn up the host Mexico. The draft comes as respite as the last summit in Copenhagen failed to agree on the best way to cut emissions.
aedes aegypti

GM Mosquitoes Could Help Control Dengue

A U.K. biotechnology company called Oxitec has tested genetically engineering mosquitoes to pass on a suicide gene that kills them before they mature, to control the spread of dengue, a sometimes fatal disease.

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