Tag Archives: after-last

BP’s profits still being buffeted by Gulf of Mexico oil spill

Guardian: Estimating BP’s quarterly profits has suddenly become a finger-in-the-air affair. One factor is the tax rate, which exploded to 45% in the latest period, driven by the interplay of various currencies. The Russian angle is also confusing after last year’s cash-plus-shares sale of the 50% share in TNK-BP to Rosneft, which left BP with an enlarged stake in the latter Continue reading

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Fukushima reactor readings raise reheating concern

Guardian: Concern is growing that the Fukushima Daiichi nuclear power plant in Japan is no longer stable after temperature readings suggested one of its damaged reactors was reheating. Continue reading

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