Section: Energy

      Lithuania is the first EU country that completely abandoned Russian gas
      Apr03

      Lithuania is the first EU country that completely abandoned Russian gas

      Lithuania has completely stopped importing gas from Russia since the beginning of April, becoming the first EU country to take such a step. Source: Ministry of Energy of Lithuania Since the beginning of April, the Lithuanian gas transmission system has not imported gas from Russia. This is confirmed by the data of the operator Amber Grid. Now all...

      The G7 countries will not pay for gas in rubles
      Mar28

      The G7 countries will not pay for gas in rubles

      The G7 countries have said they will not pay in rubles for Russian gas, as the Kremlin wants. Source: German Energy Minister Robert Habeck The energy ministers of the most industrialized countries of the Group of Seven reject the Kremlin’s demands that “unfriendly” countries have to pay in rubles for Russian gas. “All G-7...

      UNIAN: Naftogaz CEO calls for probe into gas distribution fraud

      Regional gas companies across Ukraine, mostly owned by Ukrainian businessman Dmytro Firtash, sold to industrial customers certain volumes of natural gas intended to be distributed to households, Naftogaz CEO Andriy Kobolyev told a press conference in Kyiv March 6. Read more here. The post UNIAN: Naftogaz CEO calls for probe into gas distribution...

      Stockholm arbitration cancels Gazprom`s take or pay demands to Naftogaz
      Jun01

      Stockholm arbitration cancels Gazprom`s take or pay demands to Naftogaz

      The demand of the Russian gas monopoly Gazprom that Ukraine annually buy 52 billion cubic meters of gas or pay for it even without buying (the ”take or pay” principle), was canceled by a separate award rendered by the Arbitration Institute of the Stockholm Chamber of Commerce, Naftogaz of Ukraine`s press service reports. ”The Stockholm...

      6 renewable energy facilities to be launched in Lviv region in 2017
      May29

      6 renewable energy facilities to be launched in Lviv region in 2017

      Chairman of Lviv Regional State Administration Oleh Syniutka announces that two wind farms, three solar power plants, and at least one hydroelectric power station will be put into operation in Lviv region before the end of the year, according to the Ukrainian online newspaper Ukrayinska Pravda. ”Besides that stations that have already been...

      Climate activists demand delay of public hearings on Nord Stream-2
      May28

      Climate activists demand delay of public hearings on Nord Stream-2

      Greenpeace Russia and the World Wildlife Fund (WWF) have appealed to Russia`s Minister of Natural Resources and Environment Sergei Donskoy with a request to postpone public hearings on assessment of the environmental impact of the Nord Stream-2 gas pipeline construction, according to Kommersant. Despite the fact that the information on the date...

      Naftogaz forecasts 17% drop in gas imports from Europe
      May28

      Naftogaz forecasts 17% drop in gas imports from Europe

      National oil and gas holding Naftogaz of Ukraine predicts a reduction by 17% in the daily natural gas imports from Europe in June 2017 against May 2017, to 24-25 million cubic meters per day, Commercial Director of NJSC Naftogaz of Ukraine Yuriy Vitrenko said during the presentation of the company`s draft development strategy May 24. ”In June,...

      Another international gas trader enters Ukraine
      May28

      Another international gas trader enters Ukraine

      Gas trader DufEnergy (Switzerland) in late April established its subsidiary company in Ukraine for trade in natural gas and other energy resources, DufEnergy Ukraine (Kyiv), according to the Unified State Register of Legal Entities, OilNews reports. The founders of DufEnergy Ukraine are DufEnergy Trading SA (Switzerland) and DufEnergy SA...

      Ukrainian Cabinet to oblige regional gas operators to pay for use of gas distribution networks
      May27

      Ukrainian Cabinet to oblige regional gas operators to pay for use of gas distribution networks

      The Ministry of Energy and Coal Industry has developed an agreement that will regulate the paid use of gas distribution networks and sent it to the regional gas operators, the ministry`s press service told UNIAN, with reference to Profile Deputy Energy Minister Ihor Prokopiv. ”The ministry took the following measures: at first, we held a series...

      Bloomberg: OPEC, allies to extend oil cuts for nine months to end glut
      May25

      Bloomberg: OPEC, allies to extend oil cuts for nine months to end glut

      OPEC and its allies extended oil production cuts for nine more months after last year`s landmark agreement failed to eliminate the global oversupply or achieve a sustained price recovery, according to Bloomberg. The producer group together with Russia and other non-members agreed to prolong their accord through March, but no new non-OPEC...