Ukrnafta receives 138 tonnes of daily oil production after intensifying production in western field

PJSC Ukrnafta received an additional flow of 138 tonnes of oil per day after steps to intensify production at one of the western fields. “This is 24% more to the production of the entire oil and gas production department of Boryslavnaftogaz,” the company said in a press release on Friday. The company said that seven … Read more

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

Ukraine’s GDP grows by 5.3% in 2023 – statistics

Ukraine’s economy rebounded by 5.3% in 2023, bouncing back from a record slump caused by Russia’s full-scale invasion, according to preliminary data from the State Statistics Service of Ukraine. This marks the highest growth rate since 2011. Here’s a breakdown of how the Gross Domestic Product (GDP) changed throughout 2023: → Q1: -10.3%;→ Q2: +19.2%;→ … Read more

All power units of DTEK’s Burshtynska and Ladyzhynska TPPs completely or partially damaged by Russia’s strike – top manager

Two thermal power plants of the DTEK energy holding – Burshtynska and Ladyzhynska (Ivano-Frankivsk and Vinnytsia regions) – were severely damaged in an attack by Russian aggressors on the Ukrainian power system on March 22, said DTEK CEO Dmytro Sakharuk. “We lost 50% of the installed capacity. All units at Burshtynska TPP and all at Ladyzhynska TPP … 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

Energy giant DTEK invests in Poland with plans for large battery storage facility near Krakow

Rinat Akhmetov’s DTEK Energy Holding through its subsidiary DTEK Renewables International (DRI) concluded an agreement with the Polish company Columbus Energy on the construction of a 133 MW energy storage system in southern Poland near Krakow, reported the website of DTEK. “DRI signed a final binding share purchase agreement with Poland’s Columbus Energy on March 27 … 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

Interpipe masters over 210 new types of pipe products for EU market

The Ukrainian industrial company Interpipe has prepared 210 new types of pipe products for the European Union market. According to the Interpipe press release, Ukraine’s accession to the European Union is a conscious civilizational choice of the country. “But while the country is taking steps in this direction, Ukrainian business has already been quite deeply … Read more