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See Taylor Swift's disgusted reaction to Justin Bieber-Selena Gomez backstage kiss
BAKU, Azerbaijan, Jan. 29 (UPI) -- A U.S. Senate bill authorizing Washington to sanction gas sales to Iran could target the State Oil Co. of Azerbaijan Republic, the Baku government said.
A U.S. Senate measure passed Thursday gives U.S. President Barack Obama the authority to sanction persons or other entities that sell gasoline or refined petroleum products to Iran.
"The U.S. Senate passed a law potentially fraught with sanctions in respect to SOCAR," the Azerbaijan Business Center notes.
The report from Baku on Friday said SOCAR and its affiliates "occasionally" sell oil and other products to Iran.
Western powers look to Azerbaijan as a major player in emerging energy dynamics in Central Asia. Europe looks to the vast gas resources in Azerbaijan as a potential source for their Nabucco pipeline, which would ease the Russian grip on the regional energy sector.
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NEW DELHI, May 20 (UPI) --
The US Department of Energy's conditional approval a Texas liquefied natural gas terminal to export to nations that do not have a free trade agreement with the United States is seen as a potential boost for India's energy security.
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RIO DE JANEIRO, May 20 (UPI) --
Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's Dassault.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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