President of Ukraine Volodymyr Zelensky and President of the Republic of Azerbaijan Ilham Aliyev have signed a joint declaration which sets out the position of the two countries on many issues and challenges. As an Ukrinform correspondent reports, the signing ceremony of a number of bilateral documents took place in Kyiv. “We signed a joint … Read more
JSC Ukrgazvydobuvannia in 2021 put into operation 50 new wells against 41 wells in 2020, the press service of the company said. According to it, 11 of them are wells with a flow rate of over 100,000 cubic meters of gas per day and three wells with a flow rate of over 250,000 cubic meters … Read more
President Volodymyr Zelenskyy signed the law “On Energy Efficiency,” adopted by Parliament on October 21, 2021. This was reported by the State Agency for Energy Efficiency and Energy Saving. The main purpose of the law is to create new framework conditions for promoting energy efficiency in all sectors of the economy. The law lays the … Read more
The Verkhovna Rada of Ukraine has adopted law No.4507 “On energy efficiency”. According to an Ukrinform correspondent, 282 MPs voted in favor of the relevant document at second reading, with the required minimum being 226 votes. The draft law is a framework one and establishes the basic legal, economic and organizational principles of energy efficiency … Read more
NJSC Naftogaz Ukrainy has become a full-fledged owner of, Nadra Yuzivska LLC, which owns a special permit for the Yuzivska area until 2063, Head of the State Service of Geology and Subsoil of Ukraine Roman Opimakh said. “The unblocking of implementation of the agreement on the distribution of hydrocarbons in the Yuzivska area has begun, … Read more
NJSC Naftogaz Ukrainy has acquired over 50% in the charter capital of Nadra Yuzivska LLC owned by NJSC Nadra Ukrainy, the Antimonopoly Committee of Ukraine (AMCU) has said in a statement. In this regard, the committee began consideration of the concentration case, within the framework of which Naftogaz will be able to produce fossil fuel … Read more
Over ten months of 2020, Gas Transmission System Operator of Ukraine LLC (GTSOU) transmitted from the EU countries to Ukraine in the shorthaul mode (a preferential transit tariff for certain points) 6.1 billion cubic meters of gas, and almost all of this volume is still stored in underground facilities, however, in October, for the first … Read more
Naftogaz Ukrainy in the evening on October 20 postponed the placement of dollar-denominated eurobonds indefinitely, a source in the market has told Interfax-Ukraine. According to him, a corresponding report from the company has been sent to investors. Earlier on October 20 it was reported that the benchmark for the yield of U.S. dollar eurobonds was … Read more
The district court of Amsterdam on September 18, 2020 under a claim of Sberbank of Russia against DTEK Energy B.V. ordered to pay around $45.1 million and to take interim measures in respect of certain assets of DTEK Energy B.V. in the Netherlands. DTEK Energy said that these actions have no impact on the company’s … Read more
The international rating agency S&P Global Ratings has placed the “B-” rating of DTEK Renewables with a negative outlook on CreditWatch for a possible downgrade due to a deterioration in the company’s liquidity against the background of a low level of settlements under feed-in tariffs. “We are therefore placing our ‘B-‘ rating on DTEK Renewables … Read more