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Sex tape spliced into graduation video
MANAMA, Bahrain, May 24 (UPI) -- Designs and planning for the route of a new crude oil pipeline from Saudi Arabia to Bahrain are expected later in 2010, a Bahraini official said in Manama.
Bahraini Oil and Gas Affairs Minister Abdul Hussein Mirza told delegates at a petroleum conference in Manama that the $350 million project would increase energy security in the region.
"The 70-mile pipeline will use a safer route that avoids going through inhabited areas and will also use state-of-the-art technology," he was quoted in Gulf Daily News as saying.
The planned pipeline is expected to increase Saudi Arabian crude oil exports to Bahrain. The project, the second such project for Bahrain, would help the Persian Gulf kingdom expand operations at its national refineries.
The project was scrapped earlier as the market collapse in 2008 and 2009 wreaked havoc on world economies.
"We are today placed in a very inflationary environment but we have taken the challenges head-on and reacted proactively to retain our competitive edge and stay on course for continued growth and earnings in line with market expectations," Mirza said.
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JUBA, South Sudan, June 1 (UPI) --
Sudan and South Sudan have agreed to resume negotiations aimed at ending a simmering conflict over disputed oil fields that both need for survival.
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HUNTINGTON BEACH, Calif., June 1 (UPI) --
The U.S. military is eyeing ways of launching small satellites on-demand from launchers aboard aircraft.
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FHA foreclosures rose 73 percent in April, driven primarily by defaults of loans made in 2008 and 2009 vintage loans, raising new questions about the solvency of the popular government program, which accounts for about a third of all new mortgages....
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Just what the Republican strategists ordered: The unemployment rate ticked up in May to 8.2 percent, the Labor Department said.
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