Germany’s largest energy company stops buying gas from Gazprom. Reuters reported that Germany’s largest energy company E.ON has stopped buying new amounts of gas from Gazprom’s trading companies in Europe. The group said that although it had no long-te... #Eon #EonandGazprom #GermanystopsbuyingRussianGas
Russian oil companies have difficulties selling their products on the market. Zarubezhneft’s tender for the sale of six batches of Urals oil was unsuccessful, as none of the buyers responded to the offer. The total volume of oil offered for sale amounted to 600,000 tons ... #NobodyBuysRussianOil #RussianAgression #RussianOil #RussianOilSanctions
The power supply to the Chernobyl NPP has been restored. The power supply has been reconnected at the Chernobyl nuclear power plant, and now the cooling systems for the spent nuclear fuel assemblies will work normally and not be reliant upon the reserve pow... #Chernobyl #ChernobylduringWar #ChernobylPowerPlant
The Ukrainian energy system is stable. According to Prime Minister Denys Shmyhal, we have four nuclear power plants operating steadily, as well as all hydroelectric and thermopower plants. There are also agreements with Poland to supply ad... #energyukraine #UkraineEnergyDuringWar
The Europex Energy Exchange Association has excluded the Russian stock exchange. The Association of European Energy Exchanges (Europex) has excluded the St. Petersburg International Commodity Exchange (SPIMEX) from its membership. Europex and its members are deeply concerned and s... #Europex #SPIMEX
In 2022, Ukraine has imported almost 500 million cubic meters of gas. According to the head of the GTS of Ukraine, Serhiy Makogon, the daily gas import is about 9 million cubic meters, where 49% of the total imports come from Hungary, 29% from Slovakia, and 22% from Pol... #GasImport #UkraineGasimport
The US Congress is preparing a plan to block Russian oil and may approve $10B in aid to Ukraine. U.S. House Speaker Nancy Pelosi said Sunday that the House is studying legislation to ban Russian oil imports, and Congress intends to approve $10B in aid to Ukraine this week. “The House of Re... #RussianOil #RussianOilSanctions #UScongress #ussanctions
Oil prices soar to $139 per barrel. Oil went up on March 7 to the highest level since 2008, reaching $139 per barrel after reports on the possible introduction of a US ban on its import from Russia. The United States and its allies in ... #GrudeOil #GrudeOilPrices #RussianAgression
Europe’s gas price reached $3,060 for the first time in history. Gas prices in Europe are rising rapidly and have already exceeded $3,000 per thousand cubic meters. During the day, the price of fuel has grown by 38%, according to the ICE. Gas futures for April deli... #gasprices #NaturalGasPrices
The Zaporizhzhya NPP remains under the control of the occupiers. According to State Inspectorate for Nuclear Regulation, the Zaporizhzhya nuclear power plant (NPP) in Energodar, Zaporizhzhya Oblast, is under the control of the Russian military. “There are tw... #zaporizhzhiaNPP
Poland insists on a total embargo on energy exports from Russia. Poland sees a full embargo on all energy from Russia as the only way to end the war, stated Poland Deputy Minister of Foreign Affairs, Pavel Jablonski. “As long as Putin receives money from oil... #energyexportsfromRUssia #PolandImportfromRussia
On the second revision of the stand-by program, the IMF mission began working on February 23. The IMF mission led by Ivanna Vladkova Hollar started discussions with Ukrainian authorities on the second revision of the IMF-supported program. In June 2020, the IMF launched a loan program for Ukr... #DTEK #DTEKinvestments
Germany suspends certification of Nord Stream 2. German Chancellor Olaf Scholz announced that he had ordered the withdrawal of a key document needed for the Nord Stream 2 pipeline certification. “The situation today looks fundamentally differ... #nordstream2 #NordStream2suspended #OlafScholz #OlafSholzSuspendedCertification
Nord Stream 1 should be in a package of sanctions. “Sanctions against the Nord Stream 1 gas pipeline should be part of the package of sanctions that will be imposed in the event of a full-scale military invasion by the Russian Federation, and these sa... #NordStream1 #NordStream1sanctions
Oil is getting cheaper due to the possible Russia-US summit. Oil prices fell on Monday, February 21, thanks to a plan by the US president to hold a summit on the Ukrainian crisis and the prospects of signing a nuclear agreement between Iran and world powers ov... #gasprices #OilPrices #RussiaUSsummit #UkraineCrisis
Natural gas prices on the Ukraine Energy Exchange decreased by 13.3% last week. The starting prices of natural gas on the Ukrainian Energy Exchange (UEE) fell by 13.32% during the week of February 14-18. On February 14, the starting price of the resource was UAH 36,400 per 1 thou... #EUgasPrices #gasprices #NaturalGasPrices
Naftogaz is demanding $10B in compensation from Russia through the Arbitration Tribunal in The Hague for assets lost due to the annexation of Crimea. In a lawsuit against Russia, Naftogaz seeks more than $10B in damages, including interest. Arbitration he... #GasProductionUkraine #Naftogaz #YuriyVitrenko
Guaranteed Buyer’s debt to renewable energy producers is still a critical issue. According to DTEK Energy, As of February 17, the debt situation in the Ukrainian wholesale electricity market remains critical. Since the beginning of the month, debt to RES producers amounted to UAH... #GuaranteedBuyer #GuaranteedBuyerDebt #RES #RESukraine #UkraineEnergy
Turkey increases imports of pig iron from Ukraine by 9%. According to Steel Orbis, in 2021, Turkish metallurgical enterprises increased imports of pig iron from Ukraine by 8.8% compared to 2020, to 295.5 thousand tons. The leading supplier of pig iron to Tu... #PigIronExport #UkraineexportsPigIron
Ukraine reduced the export of ferroalloys by 8%. According to the state report issued by the Customs Service of Ukraine in January 2022, Ukrainian enterprises decreased the export of ferroalloys by 7.9% compared to the same period in 2020, to 41.8 t... #Ferroalloys #ferroalloysfromUkraine #UkraineFerroalloys
The increase of natural gas extraction rent may damage investment in the industry. In the case of the adoption of laws on newly increased rental rates for gas production, we might expect a shortage of domestic gas production, says EBA. Furthermore, the proposed increase in rates wil... #GasExtraction #naturalgasextractionrent #UkraineGasExtraction
The development of the Energy Storage Systems law will increase the stability of the electricity supply. In the second reading, the Ukrainian Parliament adopted a bill, (№5436-d), which defines the basic functioning of energy storage systems (SNE) in Ukraine. This law aims to ensure the use of energy st... #EnergyStorage #energyukraine #The development of the EnergyStorageSystems
DTEK Energy coal stocks at TPPs increased by 5% over the last week , to a record 540,000 tons since the beginning of the heating season. Since the beginning of the year, coal reserves at DTEK’s TPPs have doubled from 275,000 tons as of December 31, 2021, to 540... #DTEK #DTEKcoal
Transit of petroleum products through Ukraine decreased by 60%. In January 2022, the transit volume of oil products through Ukraine decreased by 60% to 800 tons, compared to January 2021. Gasoline transportation to Moldova remained at the January 2021 level, at c... #GasTransit #GasTransitthroughUkraine
In February, gas imports to Ukraine have increased. The daily volume of imports is 13.5-14 million m3 per day, said CEO of GTS Operator of Ukraine Serhiy Makogon. Most of the imports come from Hungary – an average of 5.5 million m3 per day. About... #GasImports #SerhiyMacogon #UkraineGasImports
Fitch downgraded Naftogaz’s credit rating outlook. According to Fitch, the revised Naftogaz’s rating has changed from positive to stable. At the same time, the agency left Naftogaz’s credit rating unchanged at level B, which reflects the risk of... #FitchRatings #Naftogaz
Japan is ready to supply gas to Europe in case of escalation around Ukraine. According to NHK, the Japanese government plans to divert some liquefied natural gas imports to European countries that are working to secure energy supplies amid escalating tensions surrounding Ukrai... #JapanGasforEU #LNGforEU #LNGfromJapan
If Russia invades Ukraine, there will be no Nord Stream 2. Speaking at a joint news conference with German Chancellor Olaf Scholz, Biden said, “If Russia invades, that means tanks or troops crossing the border of Ukraine, again, then there will be no longer a... #JoeBidenonNordStream2 #nordstream2 #RussianAgression
JKX has become a private British company. JKX, with the majority shareholders Ihor Kolomoyskyi and Nikolay Bogolyubov, has completed the process of re-registration into a private British company, JKX Oil&Gas LTD, announced the new subsid... #JKX #JKXOil&Gas #VictorGladun
Cherkasy Azot is launching a project to produce the AdBlue additive. This unique additive is used to reduce NO (nitrogen oxide) emissions from cars with diesel engines. The production launch will meet Ukraine’s demand for high-quality certified reagents and displ... #AdBlueadditive #CherkasyAzot #nitrogenoxide
Ukrgasvydobuvannya has launched an exploration well in the Kharkiv region. The largest gas producer has launched a new exploration well at the Bezpalivskoye field in the Kharkiv region with a maximum flow rate of 160,000 cubic meters of gas per day. “The location for drilli... #GasExploration #KharkivGasexploration #Ukrgazvydobuvannya
US and EU to strengthen Europe energy resilience, including Ukraine. Within the EU-US Energy Council framework, which will take place in Washington on Monday, the parties must discuss ways to enhance transatlantic energy security. They also intend to increase the ener... #energyEU #Europeenergyresilience #Ukraineenergyresilience
January gas transit through Ukraine decreased by 57%. Compared to January last year, the transit of natural gas through Ukraine in January 2022 decreased by 57% to 1.664 billion cubic meters, reported the GTS of Ukraine. It is noted that the transit of &... #GasTransit #GasTransitthroughUkraine #GasUkraine
A new shipment with 45,000 tons of coal arrived in Ukraine. A ship that delivered 45 thousand tons of coal from Colombia arrived in Ukraine, reported DTEK Energy. The Panamax-class ship docked in the port of TIS and within the coming days will replenish DTEK ... #coalarrivedinUkraine #DTEK #DTEKEnergy #PanamaxclassShipwithCoal
Natural gas prices last week decreased by 7.1%. In February, the starting prices of natural gas on the Ukrainian Energy Exchange (UEE) from January 31 to February 4, 2022, decreased by 7.07%. On January 31, the starting price of natural gas in Feb... #EUgasPrices #NaturalGasPrices
Ukraine is seeking international financial assistance. Ukraine is actively negotiating financial support with the IMF, the European Commission, and the United States, said the Minister of finance, Serhiy Marchenko. The Minister noted that the current sit... #financialaidforUkraine #SerhiyMarchenko #UkraineandEU
Ukraine tax reform wants part-time workers to be taxed. A draft of new tax reform is being prepared in Ukraine, according to which more than 20 types of professional activity will be obliged to pay taxes. To pay taxes on part-time work, a person will need ... #NewTaxexforUkrainians #TaxLawukraine
Ukrtransgas invests UAH 144M in the reconstruction of equipment at Uhersk UGS. Naftogaz subsidiary Ukrtransgas has begun reconstruction of the gas dehydration installation at the Uhersk underground gas storage facility (UGS), in which it will invest UAH 144M ($5.15M), reported ... #gasstorage #Naftogaz #UkrtransGas
United Mining and Chemical Company have recorded record profitability. United Mining and Chemical Company (UMCC), which manages the Volnogorsky Integrated Mining and Metallurgical Plant and Irshansky Integrated Mining and Processing Plant, increased its sales income by ... #MiningCompanyUkraine #UMCC #UnitedMiningandChemicalCompany
State-owned Ukrgazvydobuvannya increased gas production by 1.8% in January. In January 2022, Ukrgazvydobuvannya increased gas production by 1.8% compared to January of 2021, to 1.19 billion cubic meters. It is noted that the volume of natural gas supplied for the needs of Uk... #GasProduction #GasProductioninUkraine
Energoatom and Canadian OCNI have signed a memorandum of understanding. State enterprise Energoatom and the Organization of Canadian Nuclear Industries (OCNI) have signed a memorandum of understanding on cooperation in the nuclear energy field. The memorandum’s mission i... #CanadianNuclear #Energoatom #EnergoatomandCanadianNuclear
Ukraine and Slovakia increase gas import capacity. The Ukrainian gas market has another opportunity to physically import gas necessary for the stable supply of the autumn-winter heating season and replenishment of strategically important gas reserves... #SLovakiaGasforUkraine #SlovakiaUkraine
The IMF is ready to support the countries that will suffer from Russia’s SWIFT disconnection. The International Monetary Fund is prepared to help countries that may suffer from any side effects of the Russian-Ukrainian conflict and other sanctions imposed by Western governments on Russia. Thi... #imf #IMFsanctionsforRussia #SWIFT #SWIFTsanctions
The EU proposes classifying gas and nuclear energy sustainable (green) under certain conditions. The necessary criteria is that these projects contribute to the “climate neutrality” transition. In addition, nuclear projects must comply with environmental safety standards, and gas projects should ... #GreenENergy #nuclearenergy #SustainableEnergy
Ukraine can start importing gas from Hungary. For the first time in history, the physical import of gas from Hungary to Ukraine began, announced the CEO at GTS Operator of Ukraine, Serhiy Makogon. Previously, the GTS system could only operate to... #GasfromHungary #HungaryGasforUkraine
Gas transit growth through Ukraine lowered gas prices in Europe. According to Interfax, gas prices in Europe fell below $900 per thousand cubic meters amid rising Gazprom gas supplies through the Ukrainian. On Tuesday, the nearest (March) futures on TTF on the ICE... #Energyprices #GasThroughUkraine #RussianGasThroughUkraine
EU gas prices fall on vital renewables output. British and Dutch gas prices fell on Monday as gas for power demand decreased due to more substantial wind output and an outlook for higher temperatures. The Dutch day-ahead contract TRNLTTFD1 was dow... #EUenergy #EUenergyPrices #GasPrices2022
Ukraine to join Nord Stream-2 gas pipeline certification. Ukraine will participate in the Russian Nord Stream-2 gas pipeline certification. This was emphasized by the Minister of Energy of Ukraine Herman Galushchenko at a briefing in Brussels on January 20. ... #EUgas #nordstream2 #NordStreamCertification
An “Investment nanny” will assist with a €30M Clear Energy Group project in Odessa. The Office for Attracting and Supporting Investments, (UkraineInvest), signed a memorandum of understanding with the Clear Energy Group LLC (Kyiv) to implement a waste management complex in the Odessa... #CleanEnergyGroup #OdesaWastePlant #WasteProcessingPlant
The EU is preparing for a possible halt of gas supply from Russia. The European Union stands ready to cooperate with the United States, Qatar, and Azerbaijan on gas supply if Russia decides to cut or suspend supplies to the EU, said European Foreign Minister Josep Bo... #EUgas #EUgasindependece #EUgassupply
