| March 28, 2009 | ![]() |
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Analysis: Armenia's nuclear power plant Washington (UPI) Mar 27, 2009
Last year's record-high oil prices renewed worldwide interest in alternative forms of energy and gave nuclear power a new lease on life, particularly in countries bereft of hydrocarbon resources. While many in the West think of the former Soviet Union as an energy El Dorado, not all of its republics were blessed with abundant energy reserves.
Armenia, unlike its neighbor Azerbaijan ... read more30 years after Three Mile Island, US eyes nuclear rebirth
Washington (AFP) March 27, 2009Thirty years after the accident at Three Mile Island shattered Americans' trust in nuclear power, lawmakers are touting a nuclear rebirth as a safe, green way to wean the United States off foreign oil. "We have the enormously powerful opportunity for a nuclear renaissance in our country. We need to pursue that aggressively and effectively to meet all of our energy and environmental goals ... more
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Analysis: Kazakh hydroelectric potential
Washington (UPI) Mar 27, 2009 To most Westerners, the terms Kazakhstan and energy are synonymous with the country's dramatic rise as a petro-state since the 1991 collapse of the Soviet Union. Like its oil industry, though, Kazakhstan's hydroelectric industry has roots in the Soviet era, and today the country's efforts to develop its hydroelectric potential are entangled with the conflicting policies of the other pos ... more Australia deals blow to China firm's plan to take over miner
Sydney (AFP) March 27, 2009Australia said Friday a 2.6-billion-dollar (1.8-billion-US) takeover of debt-laden OZ Minerals by China's Minmetals cannot go ahead if it includes mines in a military zone. "OZ Minerals' Prominent Hill mining operations are situated in the Woomera Prohibited Area in South Australia," Treasurer Wayne Swan said in a statement. "The Woomera Prohibited Area weapons testing range makes a uniq ... more British growth sinks as calls mount for global regulation
London (AFP) March 27, 2009Britain reported its worst quarterly economic performance in nearly 30 years and eurozone factory orders slumped further on Friday as the crisis led to further calls for tighter financial controls. Global stock markets also fell as nervous investors cashed in quickly on profits from a major rally earlier in the week founded on greater optimism that the crisis may be beginning to ease and the ... more |
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US announces new fuel economy standard for 2011
Washington (AFP) March 27, 2009The US administration Friday announced updated automobile fuel efficiency standards for new vehicles starting with the 2011 model year that aim to reduce gasoline consumption and emissions. The new rules aim at implementing a 2007 law mandating better fuel efficiency. The new standards will raise the industry-wide combined average to 27.3 miles (43.9 kilometers) per gallon (3.8 liters), ... more Work on new Ignalina reactor could begin this fall: Adamkus
Siauliai, Lithuania (AFP) March 27, 2009Work on a stalled project to build a new nuclear reactor at Lithuania's Ignalina atomic power facility could begin this autumn, the country's president Valdas Adamkus said Friday. "By the fall of this year we could start working, digging the ground (for Ignalina)," Adamkus said after a Friday meeting with the presidents of Estonia and Latvia. "I'm committed (even) if it takes 24-hours wo ... more US plans sweeping financial regulatory reforms
Washington (AFP) March 26, 2009US Treasury Secretary Timothy Geithner proposed to Congress Thursday sweeping financial regulatory reforms, including a single entity to oversee all key financial institutions and payment systems. "We need to strengthen our system of prudential supervision across the financial sector," he told lawmakers as he unveiled the broad reforms covering banks and other financial firms as well as hed ... more Analysis: Nigeria oil strike called off
Washington DC (UPI) Mar 26, 2009Nigerian oil workers have called off a proposed strike following two days of talks between the government and union leaders, with both sides agreeing to create a joint panel to discuss the workers' complaints about violence in the petroleum-rich Niger Delta. Officials from Nigeria's two leading oil workers' unions -- the Petroleum and Natural Gas Senior Staff Association of Nigeria, kn ... more |
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