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Poolside photos of 59-year-old Christie Brinkley are a Web sensation
BAKU, Azerbaijan, Feb. 13 (UPI) -- A state energy company in Azerbaijan said it's worth the risk in a competitive European natural gas field to move forward with competing pipeline decisions.
Elshad Nasirov, vice president of the State Oil Co. of Azerbaijan Republic, said at a Baku energy conference that a final investment decision on the offshore Shah Deniz gas field is expected in October.
Complementary pipeline projects Nabucco West and the Trans-Adriatic Pipeline may rely on Azeri natural gas. Both are included in the Southern Corridor of energy projects meant to break Russia's grip on the regional energy sector.
Azerbaijan is expected to pay more than $40 million for its work with the competing pipelines.
"It is better to take the risk of $40 (million)-45 million now to understand which project is worse than to lose more in the future," he was quoted by the region's Trend news service as saying.
Russian energy company Gazprom is sending gas through the Nord Stream pipeline in the Baltic Sea as part of an export diversification strategy. Its planned South Stream pipeline could run through Southern Europe.
A pipeline decision from Baku is expected by June. Trend reports Shah Deniz gas might not reach Europe by 2019, however.
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ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --
Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.
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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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