Exxon Mobil will retain about a 20 percent stake in TonenGeneral but the deal will mark a de facto retreat from the world’s third-largest economy by the U.S. oil giant, which is focusing its resources on emerging markets and development of natural resources.The move could also spark realignment among Japan’s oil refiners, which have been cutting capacity to cope with falling demand caused by a weak economy and a shift to more efficient and environmentally friendly forms of energy, analysts have said.Reuters reported earlier this month that Exxon was in talks to sell part of the stake back to TonenGeneral.TonenGeneral, which imports and distributes Exxon oil in Japan, ranks as the country’s No. 2 refiner behind JX Holdings (symbol_5020.T_25020.T). Smaller rivals include Idemitsu Kosan Co (symbol_5019.T_35019.T), Cosmo Oil (symbol_5007.T_45007.T) and Showa Shell (symbol_5002.T_55002.T).Exxon and TonenGeneral aim to complete the deal around summer, the sources told Reuters on condition of anonymity.TonenGeneral will seek funds from Sumitomo Mitsui Banking Corp, Sumitomo Trust Banking, Bank of Tokyo Mitsubishi UFJ and Mitsubishi Trust Bank to buy back the stake, the sources said.
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The probe is linked to a continuing investigation into phone hacking at the now-closed News of the World tabloid, published by News International, the British arm of Murdoch’s News Corp media empire.Saturday’s operation was the result of information passed to police by News Corp’s Management and Standards Committee, set up in the wake of the phone hacking scandal, London’s Metropolitan Police said.One of those being questioned on suspicion of corruption was a 29-year-old police officer serving with the Met Police’s Territorial Policing Command, who was arrested at the central London police station where he worked.The others, all arrested at their homes, were a 48-year-old man from north London and two men from Essex, east of the capital, aged 48 and 56.Searches at News International’s offices in Wapping, east London, and at the arrested men’s homes, were expected to continue until the afternoon, police said.The operation takes to 12 the number of arrests in a probe into allegations journalists paid police in return for information, known as Operation Elveden, one of three criminal investigations into the news-gathering practices of the News of the World.Last week, News International settled a string of legal claims after it admitted that people working for the tabloid had hacked in to the private phones of celebrities and others to generate stories.The phone hacking scandal drew attention to the level of political influence held by editors and executives at News International, and other newspapers in Britain.It embarrassed British politicians for their close ties with newspaper executives and also the police, who repeatedly failed to investigate allegations of illegal phone hacking. News International had no immediate comment on Saturday’s police operation, a spokeswoman for the media group said.
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A barge carrying pumping equipment that was attached to the capsized ship was withdrawn although work may be resumed in the afternoon, depending on conditions.The wind conditions and waves of more than a meter have forced us to interrupt work but we’ll start up again when conditions improve, said Antonino Corsini, one of the emergency services divers working with Dutch salvage company SMIT.Despite the interruption the search continued for bodies on the half-submerged vessel, which lies in about 20 metres of water on a rock shelf close to the island of Giglio off the Tuscan coast.Divers found the body of a woman on Saturday, bringing the total number of known dead to 17.But with no hope of finding survivors, the focus has switched to preventing an environmental disaster in Giglio, a popular holiday island in a marine nature reserve.Before the work was suspended, crews were installing valves to help pump out six of the ship’s fuel tanks, which contain around half of the more than 2,300 tonnes of diesel.Pumping, originally expected to begin on Saturday, is expected to be delayed until at least Sunday. The process of extracting all the fuel is expected to take at least 28 days, officials have said.The Concordia, a 290-metre long floating resort carrying more than 4,200 passengers and crew, sank more than two weeks ago after it ran into a rock which tore a hole in its hull.The accident, expected to create the most expensive maritime insurance claim ever, has triggered a legal battle which has seen U.S. and Italian lawyers preparing class action and individual suits against the operator, Costa Cruises. In a bid to limit the fallout, Costa, a unit of Carnival Corp, the world’s largest cruise ship operator, has offered the more than 3,000 passengers $14,500 each in compensation on condition they drop any legal action. The Concordia’s captain, Francesco Schettino, is under house arrest, suspected of causing the accident by steering too close to shore and faces charges of multiple manslaughter and abandoning ship before the evacuation was complete. The ship’s first officer, Ciro Ambrosio, has also been questioned by prosecutors but the company itself has not been implicated in the investigation at this stage.
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Local media reported that one policeman was killed during the riots, in which protesters threw rocks, overturned cars and burned tyres and security forces fired tear gas, raising worries of growing instability in West Africa’s most peaceful nation.Calm had returned to the capital Dakar by morning and security boosted around the presidential palace. Truckloads of police in full riot gear patrolled the city, armed with tear gas grenade launchers, according to a Reuters witness.We are asking the people to remain alert and to resist Abdoulaye Wade, Abdoul Aziz Diop, the spokesman for opposition activist movement M23 told Reuters by telephone Saturday. If Wade tries to impose himself on us … we will resist.He said that opposition figures and activist leaders were meeting Saturday to discuss their next steps.The clashes came after Senegal’s top legal body late on Friday night validated the candidacy of 85-year-old Wade and 13 rivals for the February 26 vote, but turned down the presidential bid of world music star Youssou N’Dour, saying he did not have the required 10,000 signatures of support.Wade’s rivals say the constitution sets an upper limit of two terms on the president. But Wade, who came to power in 2000 and was re-elected in 2007, has argued his first term pre-dated the 2001 amendment establishing the limit.Wade appeared on state television late Friday and made an appeal for calm, promising elections would be free and fair.Stop these displays of petulance which will lead to nothing, he said. The electoral campaign will be open. There will be no restrictions on freedom.Senegal is the only country in mainland West Africa to have not had a coup since the end of the colonial era. February’s poll, and a possible run-off a few weeks later, are seen as a test of social cohesion in the predominantly Muslim country. Critics say that Wade, who spent 26 years in opposition to Socialist rule, has done nothing during his 12 years in power to alleviate poverty in a country where formal employment is scarce, and has dragged his heels on tackling official graft. Wade points to spending on education and infrastructure projects such as roadbuilding as proof of progress toward turning Senegal into an emerging market country and a trade hub. His candidacy has raised eyebrows abroad. The senior U.S. State Department official for Africa, William Fitzgerald, told French RFI radio that Wade’s candidacy was a bit regrettable. Rival presidential hopeful Amsatou Sow Sidibe called on Wade to withdraw his candidacy voluntarily. Peace and tranquility in Senegal depends on it, she told Reuters by telephone. Local television said one policeman died from head injuries after clashes in the capital Dakar late Friday, but this could not be independently confirmed. Reuters reporters saw youths set fire to tyres and overturn cars. One witness said a police station in the central town of Kaolack had been ransacked, while state radio said the local headquarters of Wade’s liberal PDS had been burned down. Street protests were also reported in the towns of Thies and Mbour.
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The American, who won Friday’s super-combined in the Swiss resort, triumphed again with a time of one minute 43. 5 seconds and will go for the hat-trick on Sunday, when another super-combined is scheduled.For her eighth top spot of the season, Vonn beat closest rival Maria Hoefl-Riesch of Germany by an impressive 1. 2 seconds at the finish.Liechtenstein’s Tina Weirather was third, 0. 5 behind Hoefl-Riesch, last season’s overall World Cup winner.Vonn has now won 49 World Cup races, half of them downhills, and is the second most successful female downhill skier of all time, level with retired Austrian Renate Goetschl.In the World Cup standings, she leads Slovenia’s Tina Maze, who finished fourth, by 352 points.
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Exxon Mobil will retain about a 20 percent stake in TonenGeneral but the deal will mark a de facto retreat from the world’s third-largest economy by the U.S. oil giant, which is focusing its resources on emerging markets and development of natural resources.The move could also spark realignment among Japan’s oil refiners, which have been cutting capacity to cope with falling demand caused by a weak economy and a shift to more efficient and environmentally friendly forms of energy, analysts have said.Reuters reported earlier this month that Exxon was in talks to sell part of the stake back to TonenGeneral.TonenGeneral, which imports and distributes Exxon oil in Japan, ranks as the country’s No. 2 refiner behind JX Holdings (symbol_5020.T_25020.T). Smaller rivals include Idemitsu Kosan Co (symbol_5019.T_35019.T), Cosmo Oil (symbol_5007.T_45007.T) and Showa Shell (symbol_5002.T_55002.T).Exxon and TonenGeneral aim to complete the deal around summer, the sources told Reuters on condition of anonymity.TonenGeneral will seek funds from Sumitomo Mitsui Banking Corp, Sumitomo Trust Banking, Bank of Tokyo Mitsubishi UFJ and Mitsubishi Trust Bank to buy back the stake, the sources said.
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President Bashir is ready to make this gesture. Sudan is going to release the vessels detained in Port Sudan, he told a media conference in the Ethiopian capital.South Sudan said on Monday it started shutting down oil production and accused Sudan of seizing $815 million worth of crude, escalating an increasingly bitter row over oil revenues between the former civil war foes.
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The probe is linked to a continuing investigation into phone hacking at the now-closed News of the World tabloid, published by News International, the British arm of Murdoch’s News Corp media empire.Saturday’s operation was the result of information passed to police by News Corp’s Management and Standards Committee, set up in the wake of the phone hacking scandal, London’s Metropolitan Police said.One of those being questioned on suspicion of corruption was a 29-year-old police officer serving with the Met Police’s Territorial Policing Command, who was arrested at the central London police station where he worked.The others, all arrested at their homes, were a 48-year-old man from north London and two men from Essex, east of the capital, aged 48 and 56.Searches at News International’s offices in Wapping, east London, and at the arrested men’s homes, were expected to continue until the afternoon, police said.The operation takes to 12 the number of arrests in a probe into allegations journalists paid police in return for information, known as Operation Elveden, one of three criminal investigations into the news-gathering practices of the News of the World.Last week, News International settled a string of legal claims after it admitted that people working for the tabloid had hacked in to the private phones of celebrities and others to generate stories.The phone hacking scandal drew attention to the level of political influence held by editors and executives at News International, and other newspapers in Britain.It embarrassed British politicians for their close ties with newspaper executives and also the police, who repeatedly failed to investigate allegations of illegal phone hacking. News International had no immediate comment on Saturday’s police operation, a spokeswoman for the media group said.
~Red Social de los Hispanos http://cielo.com

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Among those who died were a woman, a security guard and three election duty staff, when suspected tribal rebels attacked a polling booth in the state’s Chandel district.The militants are suspected to be from the National Socialist Council of Nagaland faction, a police officer said.No group, however, has so far claimed responsibility for the attack.Strife-ridden Manipur, bordering Myanmar, is the first of five Indian states to go to polls in early 2012 to elect a state legislature.The Congress party, which leads the federal coalition government, is expected to retain office.CorCom, an alliance of seven separatist Manipuri groups who view India as a colonial power, blamed the Congress government for degeneration of the Manipuri society … to the present state of social, moral, economic and political bankruptcy (http://bankruptcy.ieurope.net).We are fighting against the Indian occupation of Manipur. So as a part of fighting Indian occupation we ban the Congress and their agents in Manipur, the alliance said in an e-mail received by Reuters late on Friday.The group claimed responsibility for a grenade attack on a Congress candidate’s home last week.
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Divers found the body on the submerged part of the vessel’s sixth deck, emergency service officials said.
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