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2014-03-22 08:16:00

UKRAINE NEEDS ENERGY

UKRAINE NEEDS ENERGY

REUTRES. Ukraine will need energy from the European Union to protect it from repercussions of its standoff with Russia, on which it depends for over half its oil and gas supplies, Prime Minister Arseny Yatseniuk said on Saturday.

Yatseniuk's comments came a day after he signed a landmark association agreement with the EU, committing Ukraine to closer political and economic cooperation with the bloc.

 Speaking at a briefing in Kiev after talks with German Foreign Minister Frank-Walter Steinmeier, the prime minister said "we need reverse supplies of gas from the EU to ensure the energy security of Ukraine."

 Their talks included the possibility that Germany help Ukraine to modernise and strengthen its armed forces.

 Russia's annexation of Ukraine's Russian-majority region of Crimea has brought about the worst confrontation between Moscow and the West since the Cold War.

 Steinmeier said the international community must not let the Ukraine-Russia crisis create a new division of Europe. He hoped the first OSCE monitors would arrive in Ukraine to support de-escalation efforts in the next couple of days.

 He welcomed moves by Kiev's transitional government to ensure it took interests of all people in eastern Ukraine into account in their policies, referring to a speech by Yatseniuk this week stressing his wish to lead an inclusive government.

 "You gave the impression that minority rights would be guaranteed and that is a good signal, which the country needs in the current circumstances," he said to Yatseniuk in their joint news conference.

 Steinmeier was due to travel to the east of the country later on Saturday and meet local authorities in Donetsk.

Tags: GAS, OIL, UKRAINE

Chronicle:

UKRAINE NEEDS ENERGY
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DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

UKRAINE NEEDS ENERGY
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

UKRAINE NEEDS ENERGY
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

UKRAINE NEEDS ENERGY
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

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