Pakistan, Iran to sign power supply agreement
Pakistan Minister for Water and Power, Raja Pervez Ashraf, will visit Iran in August to sign an agreement for importing 1,000MW of electricity, officials have said.
Peabody Energy still looking at Australian, Mongolian opportunities
Recently rebuffed in its attempts to buy Macarthur Coal, the coal miner says it is undeterred and remains optimistic of opportunities in Australia and Mongolia
EU adopts new measures to simplify management of funds to help regions tackle the crisis
The EU has on 24 June 2010 adopted new measures aimed at simplifying management rules for the structural and cohesion funds. The changes should help to facilitate access to the funds and accelerate flows of investment at a time when public budgets are under pressure. As part of the measures to counter the economic crisis, additional advance payments totalling €775 million will be paid out to some member countries to tackle immediate cash flow problems.
Energetic flip-flop
One of the few certainties of the 11-month-old Bulgarian Government of Prime Minister Boiko Borissov is that any initial announcement on an issue of note would be swiftly followed by an official regress.
Meeting of Presidents with CEOs a Big Step Forward in U.S.-Russia Business Relations
A meeting today of prominent CEOs from the United States and Russia with Presidents Medvedev and Obama marked a major step forward in U.S.-Russia business relations. The meeting was held today as part of the economic summit between the U.S. and Russia.
Russia resumes gas to Belarus, EU sees row over
Russia resumed gas supplies to Belarus on Thursday after paying gas transit debts to Minsk in an effort to ease fears of supply cuts to the European Union, which said it believed the dispute was over.
Refugees return to Kyrgyzstan
Thousands of ethnic Uzbek refugees from recent clashes in south Kyrgyzstan are returning from Uzbekistan, officials say.
Bulgarian Energy Minister Discreetly Backs Power Utilities
Bulgaria’s Economy and Energy Minister, Traicho Traikov, defended Monday the outsourcing of services by the three foreign – owned electric power utilities in Bulgaria.
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