EU ENERGY MARKET
Before Donald Tusk became president of the European Council, the former Polish prime minister had already begun campaigning for a European energy union.
The idea was that the European Union would establish a single market for electricity and gas and would build interconnectors to enable energy to flow between networks. Above all, Tusk wanted transparency over gas supply contracts so that Gazprom, Russia's giant state-owned gas company, could not arbitrarily set prices for its European customers and thus wield political power over them.
On March 19, after a summit of EU leaders, Tusk won a small victory. "All…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.