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Deeper Than Deepwater: Shell's Well Will Dwarf BP's 'Well Fom Hell'

Oil giant Royal Dutch Shell announced Wednesday that it will soon begin development of the world's deepest off-shore oil well, in the body of water that is home to the world's largest oil spill—BP's Deepwater Horizon oil disaster of 2010—the Gulf of Mexico.

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Found 1 week ago on channel CommonDreams.org

Mexico Violence Pushes 2 Companies to Relocate

The economic development secretary of the western Mexican state of Michoacan says two major firms have decided to relocate their distribution centers to escape violence.        

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Found 2 weeks ago on channel New York Times

BP may delay $10 billion Mad Dog oil scheme in Gulf of Mexico

LONDON - BP is reviewing its biggest new oil project in the Gulf of Mexico, due to rising development costs across the industry, and could delay the $10 billion scheme.

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Found 1 month ago on channel Reuters

Mexico Fires 7 in Alleged Vote-Influence Scandal

The head of Mexico's Social Development department dismissed seven officials Thursday after some of them were mentioned in taped discussions about how to use anti-poverty programs to promote the governing party in upcoming local elections.        

department development discussion election mexico vote-influence

Found 1 month ago on channel New York Times

Supercomputer Repossessed By State, May Be Sold In Pieces

1sockchuck writes "A supercomputer that was the third-fastest machine in the world in 2008 has been repossessed by the state of New Mexico and will likely be sold in pieces to three universities in the state. The state has been unable to find a buyer for the Encanto supercomputer, which was built and maintained with $20 million in state funding. The supercomputer had the enthusiastic backing of Gov. Bill Richardson, who saw the project as an economic development tool for New Mexico. But the commercial projects did not materialize, and Richardson's successor, Susana Martinez, says the supercomputer is a 'symbol of excess.'"

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Found more than 1 month ago on channel Slashdot