Record British offshore energy investment

BRITAIN'S offshore oil and gas sector will invest a record STG13 billion ($A19 billion) in 2013, boosted by the impact of taxation changes in the previous year, an industry survey shows. Overall investment is expected to surge by 14 per cent...

23.53 | 0 komentar | Read More

World powers have 'good offer' for Iran

WORLD powers will present Iran with an updated and "good" offer at talks this week on its nuclear program, an EU official says, although hopes for a breakthrough are slim. Talks aimed at curbing Tehran's nuclear drive start in Kazakhstan on...

23.53 | 0 komentar | Read More

Fiennes pulls out of Antarctic expedition

BRITISH explorer Ranulph Fiennes has pulled out of the expedition to cross Antarctica during the region's winter after developing a severe case of frostbite. The 68-year-old and his five-member team had hoped to conquer what has been called...

23.53 | 0 komentar | Read More

Sinopec buys shale stake from Chesapeake

CHINESE oil giant Sinopec is investing $US1.02 billion ($A995 million) in a US shale field as it teams up with Chesapeake Energy Corp in a 50-50 joint venture, the companies say. China Petroleum & Chemical Corp (Sinopec) will buy a 50 per...

23.53 | 0 komentar | Read More

BP spill trial opens with scathing attack

THE blockbuster BP oil spill trial has opened with a scathing attack on the poor safety standards that led to the worst environmental disaster in US history. Billions are at stake in the New Orleans courtroom where a federal judge is tasked...

23.53 | 0 komentar | Read More

ESPN selling British channels to BT

ESPN is withdrawing from British and Irish television, announcing that its channels are being sold to the BT Group. The US sports network increased operations in Britain in 2009 after capturing some domestic rights to show English Premier League...

23.53 | 0 komentar | Read More

Boy's rap videos inappropriate: police

POLICE in the US say they have lodged child abuse and neglect complaints against a man whose nine-year-old son appears in sexually suggestive rap videos posted online. The videos show the boy slapping a woman's buttocks, engaging in sexually...

23.53 | 0 komentar | Read More