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Bobbi Kristina's problems 'out of control'
LONDON, April 29 (UPI) -- Royal Dutch Shell suggested it might pull out of developments in the North Sea because of a tax increase imposed by the British government, a director said.
British Chancellor of the Exchequer George Osborne imposed a duty on oil and gas producers in an effort to take advantage of massive oil profits reported by international energy companies.
Oil and gas developers posted record first quarter profits as energy prices soar in response to global economic recovery, a weak U.S. dollar and unrest in some of the Middle East's largest oil-producing nations.
Simon Henry, financial director at Shell, was quoted by London's Daily Telegraph as saying Osborne's tax would have "significant impact" on the company's plans. He added that his company might not move forward with North Sea development because of the tax.
Shell posted $6.9 billion profit for the first quarter of 2010 though production was down modestly compared with the same period last year.
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FORT LAUDERDALE, Fla., Feb. 22 (UPI) --
A radar that penetrates dense foliage to detect buried or camouflaged objects is being deployed by the U.S. military's Southern Command.
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LONDON, Feb. 22 (UPI) --
The governments of Britain and France are moving forward with joint plans to acquire a range of unmanned aerial vehicles.
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Pro Teck Valuation Services' February HomeValueForecast.com shows the majority of U.S. Core Based Statistical Areas (CBSAs) demonstrating more positive than negative market trends despite weak or soft status for top U.S. CSBAs. ...
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The U.S. corporate tax code just became the biggest sidebar under jobs for the national election campaign.
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