Tuesday, September 11, 2012

BP sells some Gulf of Mexico assets for $5.55 bn

(AP) ? Oil company BP said Monday it is selling some deep-water assets in the Gulf Mexico to Plains Exploration & Production Co. for $5.55 billion, a big step in the BP's drive to cover the cost of its oil well blowout in the Gulf two years ago and concentrate investment elsewhere.

BP is selling its interests in three of the assets it operates: the Marlin hub, Horn Mountain and Holstein. The deal also includes BP's stakes in two non-operated assets, Ram Powell and Diana Hoover.

Plains is also buying the 50 percent interest in the Holstein field that BP doesn't own from Shell Offshore Inc. for $560 million. Both deals, representing production of 59,500 barrels of oil equivalent per day, are expected to close by the end of the year.

"While these assets no longer fit our business strategy, the Gulf of Mexico remains a key part of BP's global exploration and production portfolio and we intend to continue investing at least $4 billion there annually over the next decade," said BP chief executive Bob Dudley.

The company's shares were up 1.1 percent at 439 pence in London trading following the announcement.

BP said it expects to dispose of $38 billion in assets between 2010 and 2013; total sales agreed so far are more than $32 billion. The company will concentrate future activity and investment in the Gulf of Mexico on growth opportunities around its four major operated production hubs and three non-operated production hubs in the deep water, as well as on significant exploration and appraisal opportunities in the Paleogene and elsewhere.

BP will continue to operate four major production platforms in the region: Thunder Horse, Atlantis, Mad Dog and Na Kika. It will also hold on to three other hubs which it doesn't operate.

The company now has six drilling rigs operating in the Gulf of Mexico and expects to have eight rigs in place by the end of the year, the most it has ever had in the region.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-09-10-BP-Plains-Acquisition/id-01bdbb272e784a76b67c39cc6a390693

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This Is the World's Highest Surface Area Material [Science]

This isn't an alien spine. Nor is it some elaborate climbing frame. In fact it's a new new synthetic material called NU-110—and it's the highest surface area material ever made. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/kBwfKMxu4ms/this-is-the-worlds-highest-surface-area-material

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Texas farmers challenge TransCanada's land rights

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Monday, September 10, 2012

McCain: Iran situation a 'train wreck'

Senator John Mc Cain answers reporters' questions during a meeting on World Economy in Cernobbio, Italy, Friday, Sept. 7, 2012. Experts and leaders gathered in Italy may disagree about the cure, but the malady is clear: the world faces a 'perfect storm' of gathering risks that includes prolonged crisis in a structurally flawed Europe, political dysfunction pushing America off a 'fiscal cliff,' a emerging economies slowdown drying up the last engine of global growth, and the spectacularly destabilizing prospect of war over Iran's nuclear program. (AP Photo/Giuseppe Aresu)

Senator John Mc Cain answers reporters' questions during a meeting on World Economy in Cernobbio, Italy, Friday, Sept. 7, 2012. Experts and leaders gathered in Italy may disagree about the cure, but the malady is clear: the world faces a 'perfect storm' of gathering risks that includes prolonged crisis in a structurally flawed Europe, political dysfunction pushing America off a 'fiscal cliff,' a emerging economies slowdown drying up the last engine of global growth, and the spectacularly destabilizing prospect of war over Iran's nuclear program. (AP Photo/Giuseppe Aresu)

(AP) ? U.S. Sen. John McCain says he is disappointed with his party's presidential candidate for sidestepping world affairs in his campaign for the White House but reserves his most scathing words for the current dweller, blaming Barack Obama for inaction while the situation in Syria and elsewhere "cries out for American leadership."

In an interview with The Associated Press in Italy on Saturday, the 2008 Republican presidential candidate criticized the man who won that election for not aiding rebels in Syria, abandoning Iraq and Afghanistan, and delaying tough decisions on Iran's nuclear program.

"In a way it's almost like watching a train wreck," he said of the apparent failure to stem Iran's nuclear efforts.

What does the senator from Arizona make of the notable absence of such talk at last month's Republican National Convention that nominated Mitt Romney and focused mostly on the economy? The famous straight-talker was cautiously bipartisan.

"Yup, it was" absent, he said. "The election is about jobs and the economy, but a failed ... national security policy over time is going to lead to significant domestic problems."

"It's the job of presidents and candidates to lead and articulate their vision for America's role in the world. The world is a more dangerous place than it's been since the end of the Cold War, and so I think the president should lead and I think candidates for the presidency should lead and talk about it, and I'm disappointed that there hasn't been more."

McCain is visiting Italy's Ambrosetti Forum, an annual gathering of political and business leaders, together with two fellow senators ? Connecticut independent Joe Lieberman and South Carolina Republican Lindsay Graham ? following a tour that took them through the Middle East.

On Friday, addressing the plenum, the trio of self-styled mavericks won European fans by criticizing the dysfunction in American politics, then challenged their audience with a call for far greater U.S. activism in the Middle East ? particularly aiding Syria's rebels and on Iran.

McCain said sanctions almost never work, Lieberman said the "red line" should be weapons capability and not the actual creation of a weapons, and Graham said the United States should make it clear that if Iran pressed on it faced a "massive attack" from the United States and not Israel, a scenario which he said Iran's leaders know they could not survive.

McCain cut a somewhat wistful figure at the proceedings ? disarmingly accessible yet gravely ominous, a smiling, hard-headed reminder of what might have been.

In the interview he was happy to detail how he would have done things differently, criticized Obama for pulling troops out of Iraq and telegraphing an intention of ending military operations in Afghanistan by 2014.

"I would have left a residual force of some 20,000 troops in Iraq," he said. "Things are unraveling" in a way that threatens to yield a "fractured state" divided among Shiite, Sunni and Kurdish regions, under the sway of al-Qaida, and out of the U.S. orbit ? "all the things we predicted would happen if we pulled out completely."

He was equally dire on Afghanistan, where NATO headquarters in the capital, Kabul, was struck Saturday by a suicide bombing that killed six and was claimed by the Taliban.

"I know that the Afghan people strongly disapprove of a Taliban (return), but I think it's pretty obvious they know the Americans are leaving and they have to adjust to the post-American involvement environment and that means accommodating the certain forces that they otherwise wouldn't."

On Afghanistan "I've not heard (Obama) talk about success."

McCain said that Obama should also sidestep a paralyzed United Nations and reluctant NATO to cobble together a coalition of European and Mideast nations willing to lend a hand ? arming the rebels and backing them in establishing a safe zone in the north.

"If we led, we could," he said. "It cries out for American leadership. American leadership is not there."

He also called for a resolute stance on Iran.

"Here's the conundrum. The president of the United States has repeatedly stated that Iranian nuclear weapons (are) unacceptable. Now we watch as they move inexorably down that path... Right now I don't see any exit sign. That doesn't mean I'm predicting that there will be this conflict, but at the same time I don't know a way out."

"One thing I'm pretty confident of is that that decision would not be made by the president of the United States before the November election," he added.

McCain is scathingly critical of the political process in America today, blaming outside money for driving down the level of political discourse in 2012.

"I have not seen a campaign as poisonous as this is," he said. "I have not seen candidates call each other outright liars. It has to do with money. It has to do with these outside groups... We've reached the lowest level of discourse that I've seen in American politics."

McCain said the ratings for his 2008 convention were far higher than Romney's ? crediting his controversial nominee for vice president, former Alaska Gov. Sarah Palin.

"She energized our party, and the nation," he said. "And the liberal left began a vendetta against her which is still the most disgraceful and despicable thing I've ever seen in American politics. No matter what she said they were going to try to destroy her with it."

But could it be that Palin's seeming lack of fluency in economic affairs tipped the election by frightening voters who at that precise moment were coming to terms with the terrifying dimensions of the Great Recession, creating a political market for expertise?

McCain bristled at the very proposition.

"I know of no campaign in history that hinged on who the vice presidential candidate was, so if your theory is correct it is a major breakthrough in the history of politics," he said.

Then he added, with what seemed like either sarcasm or resignation: "But it may be true."

___

Follow Dan Perry on Twitter at www.twitter.com/perry_dan

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-09-08-US-Mideast-McCain/id-53ca06203224406a8c7b5a736f0ad9c2

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Sunday Series: Online Leisure Gaming Top Growers

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OKid Playing Computer Game

Image from: Kid Playing Computer Game / Shutterstock

On average, the US spends about 32 hours online every month. Some of you are probably startled by this, but for those of you that are like me and spend their waking hours with one arm?constantly?submerged in cyberland and the other arm texting, this is not?surprising?at all. I tried to think of what might captivate me if I didn?t work with social media, and I instantly thought back to my hardcore gaming days. Below is a ranking of the top ten growing sites in the Online Leisure Games category, and from it we can pull some pretty interesting conclusions: in third place we find HoneyDefender.com, a quasi-advertising game modeled after the Honey Nut Cheerios?mascot. That?s some pretty positive branding right there. Does this mean that arcade ploys are how brands can attract large volumes of traffic? That depends on if your brand?s mascot inspires courage, or at least a modicum of sympathy. It?s not something I?d suggest for most brands, but for Honey Nut Cheerios it?s certainly getting them major points.

10 Monthly Gains in Unique Visitors for Online Leisure Games

About Ryan LaSala:
Ryan La Sala joins Compete as the Digital Marketing Co-op for Compete.com, sovereign of all things social media. Ryan is a current attendant of Northeastern University, dual-majoring in Cultural Anthropology and International Affairs (with minors in Biology and Psychology), with career interests in Industrial-Organizational Psychology and Consumer Anthropology. Aside from acquiring aspirations with big words, Ryan?s other interests include reading cheesy fiction, writing in any capacity, singing and cooking. Find Ryan on twitter @Ryality or connect with him on LinkedIn.

Tags: computer games featured gaming Honey Defender Honey Nut Cheerios HoneyDefender.com online gaming Online Leisure Games

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Source: http://blog.compete.com/2012/09/09/sunday-series-online-leisure-gaming-top-growers/

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Monday, August 27, 2012

PFT: Eagles cut CB Harris

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Colts owner Jim Irsay does something that no other NFL owner does.

He tweets regularly.? He tweets aggressively.? He tweets without a filter.? He tweets without the benefit of having anyone in the organization with the ability or the will to tell him that maybe he should resist the urge to press the ?Tweet? button.

And his tweets naturally will generate criticism.? After all, Twitter is the great social equalizer, giving fans the ability to dress down the rich and powerful without ever having to face them.? And anything Irsay tweets on any topic that treads remotely close to controversial territory will generate responses from folks who relish the opportunity to pop off at a natural target who makes the target even larger by his tweets.

We like the fact that Irsay tweets.? Otherwise, we never would have known that Irsay?s Colts are engaged in trade talks with a still-unknown team about a still-unknown veteran player.

But the criticism of his ?trade winds? tweets seems to be getting to Irsay, who has lashed out at critics with, yes, a stream of fresh tweets.

It started out OK, with Irsay explaining that he?s merely engaged in customer relations:? ?ColtsFans pay hard earned $ 2c their team play,they make the game! So I?ll update them as I see fit while protecting sanctity of operations!?

But then he turned indignant:? ?If u don?t like it buy ur own team and try to make the playoffs 9 seasons n a row n put together 7 straight 12 win seasons n a row as Owner!?

And then he declared victory, and he presumably has retreated:? ?U can do all your judgmental chirpin? U want,it?s not about subjective opinions?it what you DO n what your track record shows! CHECKMATE!?

The second tweet is the most troubling.? Taunting folks who never will have the money to buy a team is bad enough; Irsay conveniently ignores the fact that he didn?t buy a team, either.? He inherited one.

Also, it?s hard for an owner to publicly claim credit for winning.? Yes, Irsay hired Bill Polian and Tony Dungy.? Yes, Irsay has managed not to meddle in the affair of the team.? But Irsay benefited greatly from the fact that he team was bad enough in 1997 to get in position to draft Peyton Manning in 1998.

And if Andrew Luck turns out to be the next great franchise quarterback, Irsay will have benefited greatly from the fact that Peyton?s neck gave out and the team went 2-14 in the same year that Luck was entering the NFL.

Regardless of whether an erratic and unpredictable approach to Twitter projects the image the NFL wants from its owners, the NFL surely doesn?t want one of its owners antagonizing the customers on Twitter, regardless of whether they are fans of the Colts or one of the other 31 teams.? Regardless, he?s providing another wrinkle in what remains the ultimate reality show.

Source: http://profootballtalk.nbcsports.com/2012/08/26/eagles-part-ways-with-cliff-harris/related/

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The effects of discrimination could last a lifetime

ScienceDaily (Aug. 27, 2012) ? Increased levels of depression as a result of discrimination could contribute to low birth weight babies.

Given the well-documented relationship between low birth weight and the increased risk of health problems throughout one?s lifespan, it is vital to reduce any potential contributors to low birth weight.? A new study by Valerie Earnshaw and her colleagues from Yale University sheds light on one possible causal factor.? Their findings, published online in Springer's journal, the Annals of Behavioral Medicine, suggest that chronic, everyday instances of discrimination against pregnant, urban women of color may play a significant role in contributing to low birth weight babies.

Twice as many black women give birth to low birth weight babies than white or Latina women in the U.S.? Reasons for this disparity are, as yet, unclear. But initial evidence suggests a link may exist between discrimination experienced while pregnant and the incidence of low birth weight.? In addition, experiences of discrimination have also been linked to depression, which causes physiological changes that can have a negative effect on a pregnancy.

Earnshaw and her colleagues interviewed 420, 14- to 21-year-old black and Latina women at 14 community health centers and hospitals in New York, during the second and third trimesters of their pregnancies, and at six and 12 months after their babies had been born.? They measured their reported experiences of discrimination.? They also measured their depressive symptoms, pregnancy distress and pregnancy symptoms.

Levels of everyday discrimination reported were generally low.? However, the impact of discrimination was the same in all the participants regardless of age, ethnicity or type of discrimination reported.? Women reporting greater levels of discrimination were more prone to depressive symptoms, and ultimately went on to have babies with lower birth weights than those reporting lower levels of discrimination.? This has implications for healthcare providers who work with pregnant teens and young women during the pre-natal period, while they have the opportunity to try and reduce the potential impacts discrimination on the pregnancy.

The authors conclude that "Given the associations between birth weight and health across the life span, it is critical to reduce discrimination directed at urban youth of color so that all children are able to begin life with greater promise for health.? In doing so, we have the possibility to eliminate disparities not only in birth weight, but in health outcomes across the lifespan."

Data for this study came from the Centering Pregnancy Plus project, funded by the National Institute of Mental Health, and conducted in collaboration with Clinical Directors? Network and the Centering Healthcare Institute.

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The above story is reprinted from materials provided by Springer Science+Business Media, via AlphaGalileo.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Valerie A. Earnshaw, Lisa Rosenthal, Jessica B. Lewis, Emily C. Stasko, Jonathan N. Tobin, Ten? T. Lewis, Allecia E. Reid, Jeannette R. Ickovics. Maternal Experiences with Everyday Discrimination and Infant Birth Weight: A Test of Mediators and Moderators Among Young, Urban Women of Color. Annals of Behavioral Medicine, 2012; DOI: 10.1007/s12160-012-9404-3

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/mind_brain/depression/~3/02TIVitIX-I/120827130655.htm

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