The European Union funds the implementation of two hydrogen valleys in Ukraine’s Zakarpattia and Odesa regions, the state’s Hydrogen Council reports. Ukrainian Hydrogen Council notes that funds from the EU will be directed to research into the production of green hydrogen in the Zakarpattia and Odesa regions. According to preliminary estimates, at least 220,000 tons … Read more
PJSC Ukrnafta, Ukraine’s oil and natural gas extracting company, plans to drill at least three new wells in 2023 and drill side shafts in three more wells. The company’s director, Serhii Koretskyi, announced this, the press service reports. “This is the basic drilling plan – the minimum we set for ourselves. There will be shallow … Read more
Germany is considering the possibility of joint implementation of hydrogen production and transportation projects with Ukraine. The Minister of Energy of Ukraine, Herman Halushchenko, discussed this with the state secretary for financial market policy and European policy of Germany, Jörg Kukis, during a meeting, the press service of the Ministry of Energy reports. “There is a … Read more
DTEK Holdings Limited has extended the term for the redemption of DTEK Energy eurobonds maturing in 2027, announced on March 6, to March 23. According to the company’s report on the stock exchange, the maximum amount has been increased to $80 million, however, compared to the offer in November, there is no maximum buyback price, … Read more
The Verkhovna Rada has strengthened the protection of intellectual property rights and provided for the use of a one-time monetary penalty instead of withdrawing from circulation of goods manufactured or introduced into it in violation of the relevant rights. A total of 286 MPs voted for the adoption of this European integration bill No. 6464 … Read more
Ukraine will produce nuclear fuel for domestic nuclear power units and later for export to other countries, including European ones. Minister of Energy of Ukraine Herman Halushchenko announced that the production line of the Ukrainian enterprise would produce heat-separating assemblies for nuclear reactors of nuclear power plants. In 2023, it is planned to complete licensing … Read more
Fitch Ratings has downgraded DTEK Renewables B.V.’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) to ‘Restricted Default’ (RD) from ‘C’, following the company’s disclosure of the result of its tender offer. Fitch has simultaneously upgraded the IDRs to ‘CC’, reflecting DTEK Renewables’ post-restructuring profile with continuing high default risk. Fitch regards DTEK Renewables’ tender … Read more
Energy Minister Herman Haluschenko called on European colleagues to support Ukraine’s candidacy to the Board of Governors of the International Atomic Energy Agency (IAEA). As the Ministry of Energy said on the Telegram channel on Monday, Haluschenko made such a proposal during an informal meeting of EU energy and transport ministers in Stockholm on February … Read more
President of the European Commission Ursula von der Leyen invited Ukraine to take part in the system of joint gas purchases. “We are inviting Ukraine to our Energy Platform for joint purchasing of gas. We want to make best use of our joint market power,” she said at a joint press conference with Ukrainian President … Read more
80% of Ukraine’s wind power generation capacity has been knocked out of order or captured, Ukrainian deputy energy minister Yaroslav Demchenkov said in an article for Ukrainian business publication Ekonomichna Pravda. According to the official, as of Feb. 24, 2022, the total capacity of Ukrainian wind power plants (excluding the temporarily occupied territories of Donbas … Read more