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Chevron Australia signs asset exchange deal with Shell

The deal will allow Chevron to increase its Wheatstone area resource base.Chevron Australia has agreed to exchange its 16.7 per cent interest in the East Browse titles and 20 per cent interest in the...

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Morning Call: pick of the papers

The ten must-read comment pieces from this morning's papers. 1.This is ghettoisation by government decree (The Independent) Social exclusion will only get worse if workers are denied public housing in...

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Half-yearly profit declines for Johnston Press

Though digital sales surge, newspaper sales continue to decline.The Scottish newspaper publisher Johnston Press has reported a profit of £14.48m for the first six months ended 30 June 2012, compared to...

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President Obama: "Rape is rape."

Quote of the day.At an impromptu news conference at the White House, President Obama responded to Representative Todd Akin's comments about "legitimate rape": “Rape is rape... The idea that we should...

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Mini-jobs: Will they help?

A new legal category of work might help people into unemployment.The creation of "mini-jobs", which allow people to take on work without paying tax or national insurance, is being considered by the...

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Gilbey on Film: Tony Scott, 1944-2012

A master manipulator of space and suspense.Most of us don’t think we’re susceptible to the corny myths and delusions bred by cinema and by showbusiness in general. Then something happens which proves...

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Why George Osborne now looks irretrievably damaged

The Chancellor is a politician unable to conceal his lack of control.Whether it is attacking Britain’s “lazy” workers, blaming the double-dip recession on the rain or taking credit for Olympic gold...

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Superhuman?

Human enhancement comes under the microscope at the Wellcome Trust's current collection, 'Superhuman'.Now the fevered flag-waving has finally wound down, let’s put the Olympics into perspective - my...

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Liberalising immigration would double the world's income overnight

A new paper from NBER suggests that a 116% increase in wages could result.The Washington Post's Dylan Matthews reports on a new paper from the (US) National Bureau of Economic Research (£), which...

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The race to be the next Green Party leader

Caroline Lucas is standing down as Green Party leader. Who is in the running to replace her?Current Green Party leader Caroline Lucas MP is standing down, and closing date for the ballot for who will...

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San Francisco Giants outfielder concocts most outlandish excuse ever

When step one is "spend $10,000 building a fake website", rethink your plan.When San Francisco Giants outfielder Melky Cabrera tested positive for a banned substance, many thought his career was over....

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Everything Everywhere bringing 4G to UK in September

Will the mobile phone conglomerate gain a valuable Apple boost?Everything Everywhere, the mobile phone consortium made up of T-Mobile and Orange, has won approval from Ofcom to roll out an LTE service...

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The sounds of silence

A very, very quiet top ten.The Hayward Gallery’s recent show of "Invisible Art" has proved that there is widespread interest in absent art. People are paying good money to see blank canvases and empty...

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Soon, ignoring tyranny in Belarus won’t be an option

The diplomatic row between Belarus and Sweden means the UK won't be able to remain detached for long.Over the last few weeks, you could be forgiven for having failed to register a diplomatic row within...

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Selling expensive council houses can't accommodate the future

"What might be an appropriate tactical response in some cases could not be considered to be a comprehensive strategic solution."According to the latest government figures, the number of households in...

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The national debt rises, again

Corporation tax revenue plummets, leaving a hole in the nation's finances.The UK deficit has, again, grown. ONS statistics show that the government has accrued £3.4bn more in debt since July 2011,...

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Chart of the day: Into the abyss?

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Morning Call: pick of the papers

The ten must-read comment pieces from this morning's papers. 1. Nothing can be made cheaper painlessly (Independent) Ed Miliband implies we should be affronted that in a recession people find it harder...

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Mitt Romney to Todd Akin: "Exit the Senate race."

Quote of the day.Republican presidential candidate Mitt Romney urges Todd Akin to withdraw from the Senate race in Missouri after the uproar caused his claims that women's bodies could prevent...

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Nicky Woolf's Edinburgh Diary: Weeeird improvisational science

“It's usually a bit mental but maybe not that mental.”Improvisation is often talked about bombastically as an environment in which “anything can happen,” especially up here at the Fringe, where each...

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