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Sabotage plans against Swedish nuke plant?
Published: May 22, 2008 at 11:20 AM
OSKARSHAMN, Sweden, May 22 (UPI) -- Two men have been arrested in connection with a sabotage plot against a Swedish nuclear power plant. -
Time to finish Nabucco, official says
Published: May 21, 2008 at 7:14 PM
ANKARA, Turkey, May 21 (UPI) -- Turkish and Austrian officials agreed that construction of the 2,000-mile Nabucco natural gas pipeline project should begin as soon as possible. -
Middle East's Dana Gas expands operations
Published: May 21, 2008 at 7:13 PM
SHARJAH, United Arab Emirates, May 21 (UPI) -- Dana Gas, the Middle East's first private-sector natural gas company, will invest more than $500 million in regional upstream and downstream activities.
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Biofuels win big bucks from new farm bill
Published: May 22, 2008 at 11:01 AM
By ROSALIE WESTENSKOW
UPI Correspondent
WASHINGTON, May 22 (UPI) -- The farm bill passed last week by Congress, and promised a veto this week by President Bush, gives a big boost to the renewable fuels industry. -
Nigeria to employ militants to guard oil
Published: May 22, 2008 at 10:57 AM
By CARMEN GENTILE
UPI Energy Correspondent
The Nigerian government announced it intends to employ the very same militants often blamed for attacks on oil installations in the Niger Delta to guard the region's oil pipelines. -
Iran develops Caspian port
Published: May 21, 2008 at 5:49 PM
By JOHN C.K. DALY
UPI International Correspondent
WASHINGTON, May 21 (UPI) -- For the last decade the U.S. administration has brandished the 1996 Iran-Libya Sanctions Act to isolate Iran and punish naughty Western companies seeking a foothold in Iran's hydrocarbon sector. -
UPI Energy Watch
Published: May 21, 2008 at 1:08 PM
OPEC still insists its supply is not the cause of record oil prices; Ever-increasing profits from rising oil prices could help reopen oil fields in Canada; Azerbaijan and Turkmenistan have agreed to energy cooperation -
Venezuela warns of hyper oil inflation
Published: May 21, 2008 at 11:29 AM
By CARMEN GENTILE
UPI Energy Correspondent
MIAMI, May 21 (UPI) -- Following the discovery of a U.S. Navy fighter in Venezuelan airspace, President Hugo Chavez warned that oil prices could reach $500 a barrel were the United States to attack Venezuela. -
UPI Energy Watch
Published: May 20, 2008 at 11:31 AM
China's CNPC said it has lost more than $250 million since the earthquake; India's Oil and Natural Gas Corp. is likely to see a drop in oil and gas production; Italy's Eni announced it is investing in oil in Congo.
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Iraq power workers sit-in over ministry
Published: Feb. 15, 2008 at 6:36 PM
NASIRIYAH, Iraq, Feb. 15 (UPI) -- Workers in Iraq's Nasiriyah power station staged a sit-in, demanding the Electricity Ministry do more to help them keep the plant in operation.
The Badr Newspaper reports workers carried signs during the protest, where they urged the ministry to supply new spare parts and equipment.
Abbas Abd Al Hassan Rahi, the chief of the Technicians and Engineers Union, said the plant was nearing collapse because of the alleged lack of resources dedicated by the ministry to repairs and new projects.
"After many requests were made to the Electricity Ministry and the authorities in charge that they fulfill their duties, we organized this sit-in," said Rahi, who praised the workers for keeping electricity flowing.
Meanwhile, Iraq's Electricity Ministry is urging foreign companies to bid on contracts to reconstruct and build new infrastructure.
"The Ministry is about to embark on six projects for the generation of electricity, five in Baghdad and one in al-Maseeb, Bable province," Minister Karim Waheed Hasan told the Voices of Iraq news agency.
"Iraqi companies are only rehabilitating the power grid, but not rebuilding it," he said.
He's consistently complained that billions of dollars in projects are up for grabs, but only a handful have been bid on and awarded. He's criticized those firms for not starting work.
All of Iraq's ministries have struggled to spend even a quarter of their allocated capital budget since 2003. The Iraqi Electrical Utility Workers Union has complained the ministry is too reliant on foreigners instead of paying Iraqi workers and companies to fix the infrastructure.
Electricity has increased since 2003 but is far below Iraqi demand. Attacks on infrastructure and workers are partly to blame.
The Badr Newspaper reports workers carried signs during the protest, where they urged the ministry to supply new spare parts and equipment.
Abbas Abd Al Hassan Rahi, the chief of the Technicians and Engineers Union, said the plant was nearing collapse because of the alleged lack of resources dedicated by the ministry to repairs and new projects.
"After many requests were made to the Electricity Ministry and the authorities in charge that they fulfill their duties, we organized this sit-in," said Rahi, who praised the workers for keeping electricity flowing.
Meanwhile, Iraq's Electricity Ministry is urging foreign companies to bid on contracts to reconstruct and build new infrastructure.
"The Ministry is about to embark on six projects for the generation of electricity, five in Baghdad and one in al-Maseeb, Bable province," Minister Karim Waheed Hasan told the Voices of Iraq news agency.
"Iraqi companies are only rehabilitating the power grid, but not rebuilding it," he said.
He's consistently complained that billions of dollars in projects are up for grabs, but only a handful have been bid on and awarded. He's criticized those firms for not starting work.
All of Iraq's ministries have struggled to spend even a quarter of their allocated capital budget since 2003. The Iraqi Electrical Utility Workers Union has complained the ministry is too reliant on foreigners instead of paying Iraqi workers and companies to fix the infrastructure.
Electricity has increased since 2003 but is far below Iraqi demand. Attacks on infrastructure and workers are partly to blame.
© 2008 United Press International. All Rights Reserved.
This material may not be reproduced, redistributed, or manipulated in any form.
This material may not be reproduced, redistributed, or manipulated in any form.
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