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British Energy shares up on new bids
Published: May 16, 2008 at 9:17 PM
LONDON, May 16 (UPI) -- Shares in British Energy rose sharply after several more bid proposals. -
India's L&T signs deal with GE
Published: May 16, 2008 at 9:11 PM
MUMBAI, May 16 (UPI) -- India's Larsen and Toubro signed a deal with U.S.-based GE Energy. -
Jordan, GNEP plan for nuclear energy
Published: May 16, 2008 at 9:06 PM
AMMAN, Jordan, May 16 (UPI) -- Jordan and the Global Nuclear Energy Partnership will work to develop nuclear projects.
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UPI Energy Watch
Published: May 16, 2008 at 8:49 PM
Bush asks Saudi Arabia to increase oil output; Venezuela threatens a spike in oil prices if it's attacked; Indian oil workers in Sudan kidnapped by locals -
Fall River fights five-year battle against LNG facility
Published: May 16, 2008 at 10:18 AM
By JOHN C.K. DALY
UPI International Correspondent
WASHINGTON, May 16 (UPI) -- A five-year struggle continues between Fall River, Mass., residents and Weaver's Cove Energy LLC over a proposed LNG facility. While the Federal Energy Regulatory Commission approved the project, the Coast Guard opposes it as an unacceptable safety risk. -
UPI Energy Watch
Published: May 15, 2008 at 12:19 PM
OPEC cuts estimate of growth in world oil demand for 2008; The United Arab Emirates' crude oil output increased last month; Philippine government may cut taxes on oil and gas -
Nigerian militants attack oil vessel
Published: May 15, 2008 at 11:10 AM
By CARMEN GENTILE
UPI Energy Correspondent
Jimmy Carter and Barack Obama have called for a resolution to the conflict between rebels intent on crippling Nigeria's petroleum industry and government officials. -
Mongolia, coal and inflation
Published: May 14, 2008 at 7:56 PM
By JOHN C.K. DALY
UPI International Correspondent
WASHINGTON, May 14 (UPI) -- Rising fuel and food costs are hitting Mongolia hard, with foreign investors exploiting the situation to pressure the country to open up its economy. Given the country's political isolation, sandwiched between China and Russia, its two major trading partners, Ulaanbaatar is being held over the proverbial barrel in negotiations with its giant neighbors, leaving its population of 2.9 million nervously awaiting further aftershocks from rising inflation. -
Congress blocks administration from stockpiling oil
Published: May 14, 2008 at 7:28 PM
By ROSALIE WESTENSKOW
UPI Correspondent
WASHINGTON, May 14 (UPI) -- Faced with growing pressure to decrease gas prices, U.S. senators voted to stop stockpiling oil in the national reserve yesterday, but they rejected a plan to increase domestic production.
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Spanish solar firms flock to U.S.
Published: Feb. 25, 2008 at 9:11 PM
WASHINGTON, Feb. 25 (UPI) -- Spanish companies are bringing more solar power to the United States.
The sun-catching mirrors in the deserts of the Southwestern United States are powering air conditioners in the casinos of Las Vegas and restaurants of Phoenix, the U.S. Department of Energy Resources Engineering reported.
The Acciona firm inaugurated the third-largest solar-energy plant in the world in Nevada last week with 182,000 curved mirrors that are capable of lighting 14,000 homes. Nevada Solar One can generate 64 megawatts of electricity and is the biggest built anywhere in the world in the last 17 years, according to Acciona.
But it won't keep its title for long, since in 2011 an installation of the Spanish company Abengoa is planned to start up in Arizona. The installation, Solana, will generate 280 megawatts of power, enough to light 70,000 homes, Abengoa said.
Both projects reflect the interest of European companies in entering the comparatively less-developed market for renewable energy in the United States.
Last week Germany's Schott company announced that it will build another solar-energy generating plant near Albuquerque, N.M.
"Spanish companies see a tremendous opportunity in the U.S. market," said Alberto Nadal, economic and trade counselor at the Spanish Embassy in Washington.
The sun-catching mirrors in the deserts of the Southwestern United States are powering air conditioners in the casinos of Las Vegas and restaurants of Phoenix, the U.S. Department of Energy Resources Engineering reported.
The Acciona firm inaugurated the third-largest solar-energy plant in the world in Nevada last week with 182,000 curved mirrors that are capable of lighting 14,000 homes. Nevada Solar One can generate 64 megawatts of electricity and is the biggest built anywhere in the world in the last 17 years, according to Acciona.
But it won't keep its title for long, since in 2011 an installation of the Spanish company Abengoa is planned to start up in Arizona. The installation, Solana, will generate 280 megawatts of power, enough to light 70,000 homes, Abengoa said.
Both projects reflect the interest of European companies in entering the comparatively less-developed market for renewable energy in the United States.
Last week Germany's Schott company announced that it will build another solar-energy generating plant near Albuquerque, N.M.
"Spanish companies see a tremendous opportunity in the U.S. market," said Alberto Nadal, economic and trade counselor at the Spanish Embassy in Washington.
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This material may not be reproduced, redistributed, or manipulated in any form.
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