RUSSIAN GAS TO GERMANY: 200 BLN
GAZPROM - the Nord Stream gas pipeline transmitted its 200 billionth cubic meter of gas from Russia to Germany via the Greifswald delivery point.
"The Nord Stream gas pipeline is a high-profile pan-European infrastructure project, a stellar example of mutually beneficial and productive cooperation between Gazprom and its European partners. Today's development is a clear rebuttal to the skeptics. For six years, Nord Stream has consistently exported Russian gas to the European market via the most cost-efficient transit-free route, i.e. across the Baltic Sea. The gas pipeline is operating at full capacity, providing reliable energy supplies to thousands of companies and households in Europe.
Drawing on the success of Nord Stream, Gazprom is implementing a similar project, Nord Stream 2, with the active support of Europe's leading energy companies. In accordance with the plan, the new gas pipeline will be built by the end of 2019. Gazprom is convinced, as are our partners, that the project will further strengthen the reliability of gas supplies for European consumers and foster the development of the region's energy market," said Alexey Miller.
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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.
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.
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.
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.