Energy Update

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Kyrgyzstan will construct several dozen small hydroelectric power plants (HPPs) in different regions of the country within the next several of years, which will help the government overcome current energy crisis, according to the official secretary of the energy and industry ministry Batyrkul Baetov. Experts estimate that the project may cost between KGS 7-10 billion (US $115-160 million).

KAMPALA, March 3 (Reuters) - Ugandan troops based in South Sudan are not massing along the Sudan border, Ugandan military officials said on Tuesday, after Sudan's state news agency reported 16,000 Ugandan soldiers were due to arrive near the frontier.

* Oil production less than half of 2011 levels (Adds details on rival air strikes)

HOUSTON, March 3 (Reuters) - Personal friendships are turning sour as some workers cross picket lines in the lingering U.S.

ABUJA/LONDON, March 3 (Reuters) - Oil-rich Nigeria's main cities are facing acute gasoline shortages as importers feel the pinch of a plummeting local currency, tighter credit lines and unpaid government subsidies, oil traders and local industry sources said.

BANGKOK, March 3 (Reuters) - The key Thai stock index hit a near 6-week closing low on Tuesday as index heavyweight PTT traded ex-dividend while the Philippine main index came off highs after Philippine Long Distance Telephone (PLDT) retreated after a weak earnings guidance. Thai benchmark SET index dropped 1.2 percent to 1,562.84, the lowest close since Jan. 22. PTT shares, the biggest by market value, closed down 2.9 percent. Investors trimmed their risk holdings ahead of a market ho

BAKU, March 3 (Reuters) - Azerbaijan is keeping a close eye on any sign of dissent as economic problems mount before a parliamentary election this year in the oil-producing former Soviet republic.

MOSCOW, March 3 (Reuters) - Russia is ready to consider providing Ukraine with a discount for gas supplies within their existing contract starting from the second quarter, Russian Energy Minister Alexander Novak told Rossiya 24 TV channel on Tuesday.

March 2 (Reuters) - Onshore and offshore driller Nabors Industries Ltd swung to a quarterly loss, hurt by a fall in drilling activity amid a slump in global crude prices.

March 2 (Reuters) - Onshore and offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.

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