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2014-07-04 17:46:00

EUROPE: GAS COOPERATION

EUROPE: GAS COOPERATION

The Chambers of Commerce and Industry of Serbia, Hungary and Bulgaria yesterday made a multilateral commitment to greater cooperation on economic development and energy security.

At a Natural Gas Europe and IPM conference in Vienna, the three bodies issued a mutual statement in which they agreed to work together to convene a forum to coordinate energy policies to increase prosperity for the region. The proposed forum will be open to their respective members, governments and neighbours in the Central, Eastern and Southern European region. The Chambers have decided to name the forum the Danube Energy Initiative and a final agreement would be achieved in Budapest in September.

In the statement, the Chambers of Commerce settled to cooperate to guarantee better access to secure energy sources, ensure the liberalisation of the energy market and enable competitive pricing.

Zeljko Sertic, President of the Serbian Chamber of Commerce, said: "I am delighted that the Chambers of Commerce and Industry of Serbia, Hungary and Bulgaria yesterday signed a joint agreement committing to the creation of a new forum and I look forward to working closely with my colleagues in Hungary and Bulgaria on this project."

"This forum will work to coordinate between the governments, businesses and civil society organisations of our respective countries to ensure that we all have more coordinated energy policies, designed to create greater prosperity for all."

oilandgaseurasia.com

Tags: EUROPE, GAS, SERBIA, HUNGARY, BULGARIA

Chronicle:

EUROPE: GAS COOPERATION
2018, February, 16, 23:15:00

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.

EUROPE: GAS COOPERATION
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.

EUROPE: GAS COOPERATION
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.

EUROPE: GAS COOPERATION
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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