: :inin Kyiv (EET)

Section: Energy

    U.S. to help Ukraine set up headquarters to counter threats to energy infrastructure
    Feb28

    U.S. to help Ukraine set up headquarters to counter threats to energy infrastructure

    The Threat Reduction Agency at the U.S. Defense Department in the framework of a program on combatting possible nuclear threats and enhancing safety at nuclear facilities will assist Ukraine`s Ministry of Energy and Coal Industry to form the Interagency Operational Headquarters to counter threats to the country`s energy infrastructure, the...

    Russia`s Gazprom names gas price for EU in 2017
    Feb28

    Russia`s Gazprom names gas price for EU in 2017

    Deputy Chairman of Gazprom Management Committee Alexander Medvedev said in his address to the Singapore Investment Forum that the export price of gas to the European Union in the current year may reach $180-190 per thousand cubic meters, according to Prime news agency. ”The price range in 2017 will remain between $180-$190 per 1,000 cubic...

    Ukrainian gas reserves down to less than 8.4 bcm
    Feb27

    Ukrainian gas reserves down to less than 8.4 bcm

    Natural gas reserves in Ukrainian underground gas storages (USFs) shrank by 2.6%, or 222 million cubic meters (mcm), on February 18-25, to 8.386 billion cubic meters (bcm) from 8.608 bcm, according to the state-run gas transport system operator Ukrtransgaz. As reported, 23.5 mcm of gas was pumped from USFs February 25 alone. Earlier, the...

    Only Ukraine applies EU`s nuclear diversification policy – Westinghouse
    Feb27

    Only Ukraine applies EU`s nuclear diversification policy – Westinghouse

    Unlike the five EU member states with Russian-built nuclear power plants, Ukraine is the only country implementing EU requirements for diversified portfolios of fuel supply, Michael Kirst, an official at Westinghouse, told Euractiv.com. ”We are very active in Ukraine. We are very proud of our work there. We are now in a strategic relationship...

    Court of Appeal upholds ruling on Antimonopoly Committee of Ukraine UAH 172 mln fine on Gazprom
    Feb25

    Court of Appeal upholds ruling on Antimonopoly Committee of Ukraine UAH 172 mln fine on Gazprom

    Kyiv Economic Court of Appeal has upheld a lower court ruling over the claim of the Antimonopoly Committee of Ukraine (ACU) to recover from Russia`s Gazprom a UAH 85.9 billion fine, imposed in January 2016, and UAH 85.9 billion in penalties, ACU head Yuriy Terentyev wrote on Facebook. Gazprom was initially fined for violations of Ukraine`s...

    Crude oil rises after report shows drop in stockpiles
    Feb23

    Crude oil rises after report shows drop in stockpiles

    Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the view that a global glut is ending, according to Reuters. The U.S. West Texas Intermediate crude April contract CLc1 had risen 50 cents, or 0.9 percent, to $54.09 a barrel by 0229 GMT, Reuters reported. Brent...

    U.S. oil holds near seven-week high; OPEC upbeat on output curbs
    Feb22

    U.S. oil holds near seven-week high; OPEC upbeat on output curbs

    Oil prices held near multi-week highs on Wednesday after OPEC signaled optimism over its deal with other producers to curb output to clear a glut that has weighed on markets since 2014, according to Reuters. The U.S. West Texas Intermediate April crude contract CLc1, the new front-month future, was up 16 cents, or 0.3 percent, at $54.49 a barrel...

    Bypassing Ukraine: Gazprom reports on signing another deal on TurkStream pipeline
    Feb21

    Bypassing Ukraine: Gazprom reports on signing another deal on TurkStream pipeline

    A contract has been signed in Amsterdam on construction of the second string of the offshore section of TurkStream pipeline, which is planned to be laid across the Black Sea bypassing Ukraine. ”South Stream Transport B.V. and Allseas Group today signed in Amsterdam a contract to build the second string of the TurkStream gas pipeline`s offshore...

    U.S. crude prices rise as investors bet big on oil strength
    Feb21

    U.S. crude prices rise as investors bet big on oil strength

    U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year, according to Reuters. U.S. West Texas Intermediate crude CLc1 was up 27 cents, or 0.5 percent, at $53.67 a barrel at 0511 GMT (12:11 a.m. ET) , after rising about 0.5 percent in a...

    Ukraine says state of emergency on electricity market to be month-long
    Feb16

    Ukraine says state of emergency on electricity market to be month-long

    Emergency measures in the electricity generation market, introduced at a Government`s emergency meeting February 15, will come into force February 17 for a period of one month, according to Cabinet Decree No.103 published on the government website. ”The decree comes into force on the day following the date of its publication and is valid for a...

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