WASHINGTON, Dec. 19 (UPI) -- Georgia, still recovering from its military clash last summer with Russia, is now facing the possibility of energy brownouts and blackouts this winter. Addressing the nation during a recent live television broadcast, President Mikheil Saakashvili warned that the nation's power grid might be disrupted this winter by unnamed saboteurs.
The White House unveiled a $17.4 billion bailout plan for U.S. automakers Friday, eliciting sighs of relief from the companies, which are currently teetering on the brink of bankruptcy.
LONDON, Dec. 19 (UPI) -- The Ukrainian government spoke with officials of the European Union in London in an effort to avoid gas disruptions from Russia stemming from a debt row.
BAKU, Azerbaijan, Dec. 19 (UPI) -- Azerbaijan reported record-high oil transports through the Baku-Tbilisi-Ceyhan pipeline, with Kazakh oil reaching around 9.5 million barrels.
BELGRADE, Serbia, Dec. 19 (UPI) -- A contract for Serbian involvement in the South Stream gas pipeline to Italy should be finalized by the end of the year, gas officials said Friday.
MOSCOW, Dec. 19 (UPI) -- Russian energy giant Gazprom will not need government assistance to move ahead with power-generation projects slated for 2009, officials said.
WASHINGTON, Dec. 18 (UPI) -- Only the former Soviet republics are rich in hydrocarbon reserves, coveted by both Russia and the West in a replay of the "Great Game." A plant indigenous to Central Asia, Camelina sativa, however, has a rich potential as a biofuel. With Western financing and expertise, the plant offers former Soviet republics, particularly Uzbekistan, an opportunity to free themselves from dependency on their Soviet-era cotton monoculture.
MOSCOW, Dec. 18 (UPI) -- St. Petersburg may host the administrative hub of the Gas Exporting Countries Forum by 2009, officials with the Russian gas giant Gazprom said Thursday.
KIEV, Ukraine, Dec. 18 (UPI) -- Ukrainian oil and gas firm Naftogaz paid $800 million toward a $2.4 billion debt owed to Russian gas giant Gazprom to prevent a gas shutoff, the president said.
FRANKFURT, Germany, Dec. 18 (UPI) -- Germany energy firm E.ON agreed to an asset swap with a Belgian firm and a German utility to comply with European anti-trust measures, officials said.
KARACHI, Pakistan, Dec. 18 (UPI) -- A 500-mile oil pipeline burst during unscheduled repair work in a neighborhood of Karachi, Pakistan, sending a 10-inch-deep oil slick into nearby homes.
ANKARA, Turkey, Dec. 18 (UPI) -- The most important issue surrounding the Nabucco natural gas pipeline to Europe is securing enough supplies, the Turkish president said in Ankara.
Nigeria's oil reserves could dry up in the next 50 years, according to energy officials for Africa's largest oil producer, citing a downward trend in production over the last five years. Many attribute the decline to ongoing violence, not depleted resources.
SINGAPORE, Dec. 17 (UPI) -- Epuron Pte. Ltd. Singapore and GE Energy Financial launched the Asia-Pacific region's first renewable energy private trust.
Crew members of the USS Kearsarge, Bryane Ingram, Timothy Williams, Curtilious Ingram and Yosuf Hill (l to r) prepare for shore leave shortly after docking at Port Everglades in Ft. Lauderdale, Florida on April 30, 2007. The Kearsarge and her crew will participate in Fleet Week USA as part of the McDonalds Air and Sea Show. (UPI Photo/Joe Marino-Bill Cantrell)
