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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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Brazil focuses on nuclear program
Published: May 8, 2008 at 2:31 PM
RIO DE JANEIRO, May 8 (UPI) -- Brazil's government plans to move forward with its nuclear program.
Over the next several years Brazil will begin work on nuclear power plants and an atomic submarine, said Science and Technology Minister Sergio Rezende.
"Nuclear power is competitive and has a much lower cost than that generated with diesel and coal," Rezende said. "The president is close to signing an executive order to create the Committee for the Development of the Brazilian Nuclear Program."
Uranium enrichment, planning for new nuclear power plants and expanding the number of professionals trained in nuclear medicine would also be included in the national program, he said; however, the government's agenda calls for discussions before making decisions on new plants, EFE reported.
Under the plan, the National Nuclear Energy Commission will be given the task of strengthening the uranium supply by completing the first phase of a uranium-enrichment facility, increasing uranium exploration and production and building components for nuclear power plants.
Brazil plans to use its proven uranium reserves, which rank as the sixth-largest in the world, and the plan was crafted by the Energy and Mines Ministry, which is also studying the construction of up to four 1,000-megawatt nuclear plants by 2030.
The Science and Technology Plan projects $24.7 billion in capital by 2010, not including labor costs.
Over the next several years Brazil will begin work on nuclear power plants and an atomic submarine, said Science and Technology Minister Sergio Rezende.
"Nuclear power is competitive and has a much lower cost than that generated with diesel and coal," Rezende said. "The president is close to signing an executive order to create the Committee for the Development of the Brazilian Nuclear Program."
Uranium enrichment, planning for new nuclear power plants and expanding the number of professionals trained in nuclear medicine would also be included in the national program, he said; however, the government's agenda calls for discussions before making decisions on new plants, EFE reported.
Under the plan, the National Nuclear Energy Commission will be given the task of strengthening the uranium supply by completing the first phase of a uranium-enrichment facility, increasing uranium exploration and production and building components for nuclear power plants.
Brazil plans to use its proven uranium reserves, which rank as the sixth-largest in the world, and the plan was crafted by the Energy and Mines Ministry, which is also studying the construction of up to four 1,000-megawatt nuclear plants by 2030.
The Science and Technology Plan projects $24.7 billion in capital by 2010, not including labor costs.
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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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