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$('body').addClass('channel-2 js'); </script> <div class="grid-12"> <div class="clear"> <div class="grid-6 grid-nested-first"> <h1>Energy</h1>  <div class="article-teaser article-teaser-with-image article-teaser-with-image-grid-6"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/saudis-get-serious-on-nuclear-alternative-for-power-plants">Saudis get serious on nuclear alternative for power plants</a></h4> <p class="last-updated">Oct 10, 2010</p> <div class="image"> <a href="/web/20101010105013/http://www.thenational.ae/business/energy/saudis-get-serious-on-nuclear-alternative-for-power-plants"> <img alt="Saudis get serious on nuclear alternative for power plants" src="/web/20101010105013im_/http://www.thenational.ae/deployedfiles/Assets/Richmedia/Image/SaxoPress/AD20101010394787-Saudi Arabia wi.jpg" width="340"/> </a> </div> <p class="lede">With power consumption rising, the kingdom weighs the benefits of an unprecedented atomic energy programme. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/saudis-get-serious-on-nuclear-alternative-for-power-plants" class="more">Read article <span> Saudis get serious on nuclear alternative for power plants</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div>  <div class="ad-mpu">      <script type="text/javascript"> var scriptval = "tn.ae_business/business_energy;sz=300x250;tile=5;'+vars+';ord='+ord+';'+surroundTag+';ar='+article+';lan='+admcdfp_sitelang+';!c='+category+';'+demographics+'?" var noscriptval = "tn.ae_business/business_energy;sz=300x250;tile=5;ord=123456789?" //<![CDATA[ if(typeof(ord) == 'undefined') {var ord = ''; } if(typeof(surroundTag) == 'undefined') { var surroundTag = ''; } if(typeof(article) == 'undefined') { var article = ''; } if(typeof(category) == 'undefined') { var category = ''; } if(typeof(demographics) == 'undefined') { var demographics = ''; } if(typeof(vars) == 'undefined') { var vars = ''; } 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class="article-teaser"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/work-begins-on-omvs-gas-fired-plant-in-turkey">Work begins on OMV's gas-fired plant in Turkey</a></h4> <p class="last-updated">Oct 10, 2010</p> <p class="lede">OMV, the Austrian energy group partly owned by Abu Dhabi, has started building a large gas-fired power plant in northern Turkey that was on the drawing board for three years. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/work-begins-on-omvs-gas-fired-plant-in-turkey" class="more">Read article<span> Work begins on OMV's gas-fired plant in Turkey</span></a></p> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/bp-signs-caspian-sea-deal-with-socar">BP signs Caspian Sea deal with Socar</a></h4> <p class="last-updated">Oct 9, 2010</p> <p class="lede">BP has signed a production sharing agreement to explore and develop a virgin deepwater oil and gas prospect. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/bp-signs-caspian-sea-deal-with-socar" class="more">Read article<span> BP signs Caspian Sea deal with Socar</span></a></p> </div> </div>  <div class="grid-6 grid-nested-last">  <div class="article-teaser article-teaser-with-image article-teaser-with-image-grid-3"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/tony-hayward-was-honourable-and-largely-right">Tony Hayward was honourable – and largely right</a></h4> <p class="last-updated">Oct 9, 2010</p> <div class="image"> <a href="/web/20101010105013/http://www.thenational.ae/business/energy/tony-hayward-was-honourable-and-largely-right"> <img alt="Tony Hayward was honourable – and largely right" src="/web/20101010105013im_/http://www.thenational.ae/deployedfiles/Assets/Richmedia/Image/SaxoPress/AD20101009691814-Tony Hayward pr.jpg" width="160"/> </a> </div> <p class="lede">At a meeting of oil industry experts in Dubai this week, Tony Hayward got the conversation flowing. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/tony-hayward-was-honourable-and-largely-right" class="more">Read article <span>Tony Hayward was honourable – and largely right</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/technip-wins-neutral-zone-contract">Technip wins Neutral Zone contract</a></h4> <p class="last-updated">Oct 8, 2010</p> <div class="image"> </div> <p class="lede">France¿s Technip has won a US$400 million contract to install offshore oil infrastructure in the Neutral Zone between Kuwait and Saudi Arabia. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/technip-wins-neutral-zone-contract" class="more">Read article <span>Technip wins Neutral Zone contract</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/south-korea-makes-10bn-nuclear-loan">South Korea makes $10bn nuclear loan</a></h4> <p class="last-updated">Oct 8, 2010</p> <div class="image"> </div> <p class="lede">A South Korean government entity will provide US$10 billion (Dh36.73bn) in loans for Abu Dhabi¿s nuclear project, a sum that by itself almost covers the financing targets sketched out by emirate officials. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/south-korea-makes-10bn-nuclear-loan" class="more">Read article <span>South Korea makes $10bn nuclear loan</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/company-squeezes-bunduq-for-all-its-worth">Company squeezes Bunduq for all its worth</a></h4> <p class="last-updated">Oct 8, 2010</p> <div class="image"> </div> <p class="lede">The Bunduq oilfield produces far more water than hydrocarbons after 35 years of production, but its Japanese operator hopes to keep it pumping for another decade with a costly makeover. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/company-squeezes-bunduq-for-all-its-worth" class="more">Read article <span>Company squeezes Bunduq for all its worth</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/iraq-hopes-boost-dana-gas-shares">Iraq hopes boost Dana Gas shares</a></h4> <p class="last-updated">Oct 7, 2010</p> <div class="image"> </div> <p class="lede">UAE company trading higher after it announces plans to boost output capacity in the Iraqi Kurdistan region. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/iraq-hopes-boost-dana-gas-shares" class="more">Read article <span>Iraq hopes boost Dana Gas shares</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> <div class="article-teaser"> <h4 class="headline"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/smart-grid-will-help-cut-electricity-use">Smart grid will help cut electricity use</a></h4> <p class="last-updated">Oct 7, 2010</p> <div class="image"> </div> <p class="lede">An advanced smart power grid could peak electricity use by as much as 20 per cent in the emirate. <a href="/web/20101010105013/http://www.thenational.ae/business/energy/smart-grid-will-help-cut-electricity-use" class="more">Read article <span>Smart grid will help cut electricity use</span> </a> </p> <div class="comments-media"> <ul class="media"> </ul> </div> </div> </div>   </div> <div id="conversationid" class="channel-conversation clear"> <h2 class="clear"><span>The National <span>Conversation</span></span></h2> <div id="conversationBlogs" class="grid-4 grid-nested-first"> <div class="extract"> <blockquote> <p class="text"><a href="/web/20101010105013/http://www.thenational.ae/business/energy/bps-well-blowout-may-well-benefit-big-oil-producers">Regulations considered following the disaster could push smaller companies out of the offshore market.</a></p> <p class="author"><a href="/web/20101010105013/http://www.thenational.ae/vgn-ext-templating/v/index.jsp?vgnextoid=e387e91672448210VgnVCM200000e66411acRCRD"><cite>Robin Mills</cite></p></a> </blockquote> </div> </div>   <div id="conversationBlogs" class="grid-4"> <img style="margin-bottom: 20px;" src="/web/20101010105013im_/http://www.thenational.ae/staticfiles/images/portal/coming-soon1.jpg" alt="The National"> </div>  </div>  <script type="text/javascript"> if (document.getElementById("conversationBlogs") == null) { document.getElementById("conversationid").style.display = 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