Ukraine | Oil & Gas Feed

Government officials and financial institutions exchanged views on the challenges facing investors in Ukraine.

After the EU foreign ministers' meeting on Monday, there seems to be a chance for the resumption of gas transit through Ukraine.

Azerbaijan has sufficient gas volumes to supply Ukraine, Moldova, and other countries in Eastern Europe, the President of Ukraine, Volodymyr Zelensky,   said at  a joint press conference with the President of Moldova, Maia Sandu, last week. “Azerbaijan has the gas volumes that can be exported to our region and potentially increase this export. This concerns […]

Ukraine’s largest private energy company plans to invest in the expansion of its wind power plant on the Black Sea coast.

In 2024, Ukraine increased electricity imports by 5.5 times (!), up to 4.4 million MWh.

The Gas Transmission System Operator of Ukraine (GTSOU) has joined the Ukrainian-Danish Energy Partnership Program (UDEPP).

The European Network of Transmission System Operators for Electricity (ENTSO-E) announced that it will increase electricity export capacity to Ukraine and Moldova this winter, raising the limit from 1,700 megawatts (MW) to 2,100 MW starting 1 December.

The government of Ukraine said it has approved two documents that will allow the country to attract an extra amount of funding of almost 62 million euros from the European Investment Bank. 

Ukraine state-owned oil and gas company Naftogaz said that commodity gas production has risen by 7 per cent year-over-year since the beginning of 2024, with 9.8 billion cubic metres produced so far. 

Ukraine and the IMF have discussed additional energy sector support as the US pledged $824 million for equipment and repairs.

The head of Ukraine’s state-owned Naftogaz energy group, Oleksiy Chernyshov, has met with top Slovakian officials and the representatives of the country’s largest energy companies in Bratislava.

The Ukrainian parliament has voted in favour of a draft law that can allow for the implementation of "smart networks" in Ukraine that give the gas transit system operator (GTSOU) a special mode of operation for more efficient gas transportation. 

Norwegian battery supplier Morrow Batteries has agreed to sign a memorandum of understanding with Ukraine on the possible supply of battery cells for battery energy storage systems.

DRI, the EU renewable energy arm of the DTEK Group in Ukraine, said it will build a new 60 megawatt solar park in Glodeni, Mureș County, Romania. 

The United States Agency for International Development (USAID) has supported the Gas Transmission System Operator of Ukraine (GTSOU) with the development and implementation of an environmental, social and governance strategy.

Talks are continuing in an effort to keep Russian natural gas flowing across war-torn Ukraine to Europe, despite a Ukrainian military strike on a gas facility in Russia’s Kursk region, according to state-run Naftogaz. The news raises hopes in Slovakia and Austria that a regional gas supply crisis may be averted in 2025 after a […]

Ukrainian company Naftogaz is negotiating with the State Oil Company of Azerbaijan (SOCAR) on the possible transit of Azerbaijani gas through Ukraine [to Europe] and its storage in this country, Naftogaz CEO Oleksiy Chernyshov said in an interview with a Ukrainian publication, Report informs. He stated that Kyiv does not intend to extend the current five-year transit […]

The Ministry of Industry and Trade of the Czech Republic and the Ministry of Energy of Ukraine signed an MoU to enhance energy cooperation between the two countries.

The Gas Transmission System Operator of Ukraine has fulfilled the requirements of the REMIT law, getting closer to the EU's gas market.

"By repurposing existing pipeline corridors, the investment costs required for the CEHC are significantly lower than those needed for developing new hydrogen infrastructure, which makes the project highly competitive compared to other alternatives," said the General Director of the Gas TSO of Ukraine.