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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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Vietnam may pass nuclear policy in May
Published: May 6, 2008 at 1:58 PM
HANOI, Vietnam, May 6 (UPI) -- Vietnam's National Assembly is likely to approve a nuclear energy law this month.
The country's top legislator is expected to pass the law, possibly creating the opportunity for the nation's first nuclear power plant, Xinhua reported.
The proposed plant would have a capacity of 4,000 megawatts and would cost an estimated $6 billion, Vietnam News reported.
If the law is approved, Vietnam would be able to take measures to ensure nuclear energy security, said Vuong Huu Tan, head of the Vietnam Atomic Energy Commission.
Construction of the four-turbine power plant could start in 2015 and be fully operational by 2025; however, plans hinge on the law passing the assembly.
The plant would be built in southern Ninh Thuan province where energy shortages are more acute than other regions.
According to Electricity Vietnam, the country's biggest electricity producer, by 2025 nuclear power could account for 10 percent of the country's total electricity output.
The country's top legislator is expected to pass the law, possibly creating the opportunity for the nation's first nuclear power plant, Xinhua reported.
The proposed plant would have a capacity of 4,000 megawatts and would cost an estimated $6 billion, Vietnam News reported.
If the law is approved, Vietnam would be able to take measures to ensure nuclear energy security, said Vuong Huu Tan, head of the Vietnam Atomic Energy Commission.
Construction of the four-turbine power plant could start in 2015 and be fully operational by 2025; however, plans hinge on the law passing the assembly.
The plant would be built in southern Ninh Thuan province where energy shortages are more acute than other regions.
According to Electricity Vietnam, the country's biggest electricity producer, by 2025 nuclear power could account for 10 percent of the country's total electricity output.
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This material may not be reproduced, redistributed, or manipulated in any form.
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