Shmyhal: Ukraine’s energy system remains integral, but situation is very uneasy

Ukraine’s energy system remains integral after Russia’s attacks, but the situation is very uneasy, Prime Minister of Ukraine Dmytro Shmyhal has said. “Last night, Russian terrorists inflicted another massive missile and drone attack on our country. The main target of the attack is again our energy system. We withstood the blow. The energy system is … Read more

Ukrainian startup OneNotary raises $5M in a Series A investment

OneNotary, a Ukrainian startup providing online notary services, has closed a $5 million Series A investment round led by Jackson Square Ventures. The startup has also started a partnership with DocuSign. OneNotary will use the fresh capital to accelerate marketing and sales, strengthen partnership relations, and for further product development to meet the demand for … Read more

Hryvnia exchange rate to all currencies to be set daily, dollar reference rate to be supplemented by euro rate – NBU

The indicators of the Ukrainian foreign exchange market and the methodology for their calculation correspond to the conditions and needs of the market, at the same time, it is advisable to supplement them with the calculation of the reference value of the hryvnia to euro exchange rate as of 12 o’clock and move on to … Read more

Ukrnafta increases imported fuel supplies in 2024

PJSC Ukrnafta increased the volumes and expanded the geography of imported fuel supplies from global producers to the country in 2024, the company’s press service reported on Facebook. According to its data, if last year the company imported fuel from the United States, Sweden, Poland and Greece, then in 2024 the import of large wholesale … Read more

Ukrnafta increases gas production by 10.7%, to 92.1 mcm, in Feb

PJSC Ukrnafta in February 2024 produced 110,300 tonnes of oil and 92.1 million cubic meters of gas against 110,200 tonnes of oil and 83.2 million cubic meters of gas in February 2023. Thus, gas production in February increased by 10.7% compared to the same month last year. “The company continues to drill new wells, intensify … Read more

Ukraine forced to rely on record electricity imports after Russia struck critical infrastructure

Today, Ukraine will import more than 18,600 MWh of electricity, the Ministry of Energy said in its morning report. This is the highest indicator since the beginning of the year. The grid continues to be restored after the biggest blow during the entire war, which occurred on March 22. Yesterday, according to the instructions of … Read more

Ukraine’s gross external debt increases to 90.7% of GDP in Q4 2023 – NBU

The volume of Ukraine’s gross external debt during the fourth quarter of 2023 increased by $10.6 billion – to $161.5 billion, in relation to GDP, the debt increased from 89.3% to 90.7%, such estimates were published by the National Bank of Ukraine. According to its data, the growth occurred due to the government, whose external … Read more