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Companies team for technologies
MOSCOW, Dec. 31 (UPI) -- Russia plans to build a pipeline that would allow 1.6 million barrels of oil a day to be shipped to the Pacific for export to Japan and other countries.
The $10 billion project means that another proposed pipeline to China has been scrapped, the BBC reports. But agreements remain in place that require Russia to ship 300,000 barrels of oil to China each day by 2007 and double that by the end of the next decade.
The state-owned pipeline monopoly, Transneft, is to develop a schedule for construction by May 2005. The pipeline is to connect Taishet in East Siberia with Pervoznaya in the Primorsk region, about 2,500 miles away.
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ASUNCION, Paraguay, May 22 (UPI) --
Land-locked Paraguay is hoping the latest investor seeking oil in its promising western region will have better results than previous prospectors.
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WASHINGTON, May 22 (UPI) --
A U.S. Senate committee report has revived controversy over alleged counterfeit Chinese electronic components entering U.S.-made defense equipment and weapons.
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Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
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What if Europe turned out to be the new Japan?
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