For the first time in a year, gas prices in Ukraine have surpassed European prices. According to Natural Gas ExPro quotes, gas prices in Ukraine on April 29 were approximately €31.8 per MWh, while spot prices on the Dutch TTF were €31.5 per MWh. Thus, for the first time since May 1 2... #GasImport #gasprices #Naftogaz #UkrainianGTS #Ukrnafta
Ukraine is seeking an investor for oil and gas fields in western Ukraine, while Ukrnafta will develop a hydrocarbon field previously claimed by Chevron. The government has approved two competition proposals for two areas in western Ukrainian oil and gas fields in the area of Mezhyhirsk and Svichansk, located within the Lviv, Ivano-Frankivsk, and Chern... #Chevron #ForeignInvestor #investments #NadraOleska #Oilmining #Ukrnafta
Which companies have been selected for a competition to construct new generating capacities? A competition for the right to construct new generating capacities is currently taking place in Ukraine. The selection of participants is ongoing, and companies that have submitted project bids, with ... #ElectricityGeneration #energyukraine #InzhurEnergy #Ukrnafta
Who controls Ukraine’s mineral deposits? Analysts report that 3,482 valid special permits for the use of Ukraine’s subsoil are held by 2,268 companies and 78 individuals. A significant portion of these special permits is concentrated a... #BGV #CriticalRawMaterial #DemurinskyMiningPlant #MiningUkraine #SCMgroup #Ukrgazvydobuvannya #Ukrnafta #UMCC
Ukraine is increasing gas production for the second year in a row. According to industry experts, in 2024 Ukraine increased gas production by 2.2% – to 19.12 billion cubic meters. The production growth rate in 2024 was higher than in 2023 when production increased by... #GasMiningUkraine #GasProductionUkraine #Ukrgazvydobuvannya #Ukrnafta
Ukraine is increasing gas production and expects to get through the winter using domestic resources. State companies Ukrgazvydobuvannya and Ukrnafta in January-August increased their production of commercial gas by 7.7% compared to the corresponding period last year – up to 9.8 billion cubic meters, ... #GasProductionUkraine #HeatingSeason #OleksiyChernyshov #Ukrgazvydobuvannya #Ukrnafta
Ukraine has increased gas production to a record level; there will be enough fuel in storage for new gas generation. In six months, state company Ukrgazvydobuvannya set another record for gas production with 6.9 billion cubic meters of commercial gas, which is 8.8% more than in the same period last year. According t... #GasGenerationPlant #GasProductionUkraine #Naftogaz #OleksiyChernyshov #Ukrgazvydobuvannya #Ukrnafta
Ukrnafta received applications from six foreign companies for the joint development of 15 fields. Ukraine’s largest oil and gas mining company, Ukrnafta, received a letter of intent from six companies regarding the joint development of 15 fields out of the 21 it had proposed for investment i... #DenysKudin #EnergyInvestments #Oilmining #OilProductionUkraine #Ukrnafta
Ukrnafta will receive a loan from the EBRD and invest $1B in constructing power plants to become a multi-energy company. Ukrnafta CEO Serhiy Koretskyi said that the company plans to build gas piston installations with a capacity of at least 1,000 MW. For this, the company will use its own funds and borrow funds from Ukr... #ebrd #ElectricityGeneration #energyukraine #PowerPlantUkraine #SerhiyKoretskyi #Ukrnafta
Ukrainian mining industry leaders increase their income by 13%. Last year, the 10 leaders in the extractive industry earned ₴365.26B, which is 11% more than before the start of full-scale war and 13% more than in 2022. The group is led by Ukrnafta, which increased... #ferrexpo #MiningIndustry #MiningUkraine #Ukrgazvydobuvannya #Ukrnafta
German and American companies will help build new distributed generation capabilities in Ukraine. Ukrnafta signed memorandums with Siemens Energy Global GmbH & Co. KG and Deutsche Bank to develop distributed electricity and heat generation in Ukraine. The first is a memorandum of understanding... #DeutscheBank #DTEK #ElectricityGeneration #energyukraine #GEvernova #Honeywell #SiemensEnergy #Ukrnafta
Ukraine is looking for investors to restore oil wells. According to Ukrnafta, the company’s strategy is the restoration of exhausted wells with the help of modern technologies. There are currently 4,222 such wells, 2,100 are within the limits of Ukrnafta&... #InvestmentsinUkraine #Oilmining #OilProductionUkraine #OilWell #Ukrnafta
State-owned companies must pay 80% of their profits in the form of dividends. The Cabinet of Ministers reported that the basic norm for deducting the share of profit directed to paying dividends for enterprises whose charter capital includes state corporate rights should be 80%... #Naftogaz #OschadbankUkraine #TaxesToTheBudget #TaxesUkraine #UkraineStateOwnedEnterprises #UkrainianRailways #Ukrnafta
Ukrnafta has attracted 25 potential partners to explore Ukraine’s deposits. State oil and gas extracting company Ukrnafta extended the partner selection process for the joint development of 21 fields until March 1, 2024. This will allow all potential partners to complete thei... #GasMiningUkraine #MiningUkraine #OilProductionUkraine #Ukrnafta
Ukrnafta, under state management, has doubled its financial performance. Ukrnafta, a state natural gas extracting company, generated ₴95B ($2.6B) in revenue during the first year of operation under state control. This is more than twice the average rate from the last ten y... #OilProductionUkraine #SerhiyKoretskyi #Ukrnafta
Ukrainian gas and oil production companies are working to ensure Ukraine’s energy independence. State company Ukrgazvydobuvannya plans to increase gas production from new wells to one billion cubic meters in 2023, director of exploration and company development Maksym Vityk said. “We manag... #GasProductionUkraine #MaksymVityk #MiningUkraine #OilProductionUkraine #Ukrgazvydobuvannya #Ukrnafta
A Ukrainian oil and gas company is seeking investors to develop 21 fields. Ukrainian state oil and gas extracting company Ukrnafta is looking for partners for 10 fields in the west of Ukraine and 11 in the east. The company emphasizes that these are studied deposits with suf... #GasProductionUkraine #MiningInvestmentsUkraine #Oilmining #SerhiyKoretskyi #Ukrnafta
An American company will assess Ukrnafta’s gas fund. PJSC Ukrnafta and the American company Weatherford will work together to increase gas production, said the head of Ukrnafta, Serhii Koretsky. Weatherford will conduct an engineering assessment of Ukra... #GasProductionUkraine #OilProductionUkraine #SerhiyKoretskyi #Ukrnafta #Weatherford
Ukrnafta is looking for investors to increase production at 20 fields. According to the Ukrainian oil and natural gas extracting company, these 20 fields have 12 million tons of oil with condensate and 30 billion cubic meters of gas reserves. “There are 12 companies from... #EnergyInvestments #GasProductionUkraine #OilProductionUkraine #SerhiyKoretskyi #Ukrnafta
Ukraine’s oil giant plans to double production and create a network of 1,200 gas stations. According to Ukrnafta’s 2023 financial plan, its capital investments will increase to UAH 35B ($920M), according to the Ministry of Finance. The company’s strategic plan envisages increasing oil... #EnergyInvestments #GasStationsUkraine #OilProductionUkraine #Ukrnafta
Ukrainian oil and gas giants will jointly extract hydrocarbons. Ukrnafta and Ukrgazvydobuvannya will collaborate on joint oil and gas production in license areas where one company owns the production permits and the wells belong to the other. Currently, consultati... #HydroCarbonProduction #SerhiyKoretskyi #Ukrgazvydobuvannya #Ukrnafta
Ukrnafta is moving to a digital work format and launching a Virtual Data Room for investors. Ukraine’s largest oil production company, Ukrnafta, is introducing the concept of a “digital well” and “digital field” at all its facilities. The new technology will allow remo... #OilProduction #Ukrnafta
Ukrainian oil and gas extracting company Ukrnafta will restore 500 inactive wells. State company Naftogaz subsidiary Ukrnafta plans to resume oil production at about 500 inactive wells, as reported by the company’s press service. According to the head of Ukrnafta, Serhii Koret... #OilProduction #SerhiyKoretskyi #Ukrnafta
Ukrnafta plans to attract foreign partners to increase mineral extraction. The state company wants to increase oil production to 1.45 million tons and gas production to 1.04 billion cubic meters this year. It is noted that the company can provide 80% of this increase from ex... #OilProduction #UkraineGasProduction #Ukrnafta
A Ukrainian oil and gas well that can produce 32 tons of oil and 17,000 cubic meters of gas per day has been repaired. State oil and gas producer Ukrnafta has completed the overhaul of a well with a transition to a higher level of output in the east of Ukraine. According to the company’s preliminary data, the we... #GasProductionUkraine #GasWell #Ukrnafta
Total gas production in Ukraine fell to a 20-year low due to the war. Gas production in Ukraine for 2022 fell by 6% to 18.5 billion cubic meters, the lowest production volume in the last 20 years. The main reason for the reduction in production was the full-scale war. I... #GasProductionUkraine #Ukrgazvydobuvannya #Ukrnafta
A US company will assess oil and gas reserves in Ukraine. Ukrnafta hired the American company Miller and Lents, Ltd. to assess Ukraine’s oil and gas reserves. The relevant contract for $240,000 was concluded on December 20, according to data from the ... #OilReserves #UkraineGasReserves #Ukrnafta
Strategically important enterprises owned by Ukrainian oligarchs have become the property of the state. The National Commission for Securities passed a decision on the forced alienation of the shares of Ukrnafta, Ukrtatnafta, Motor Sich, AvtoKrAZ, and Zaporizhtransformator into state ownership. Kolomois... #AvtoKraz #Bogolyubov #Kolomoisky #motorsich #Ukrnafta #Zaporizhtransformator
The process of dividing Ukrnafta may start this week. An extraordinary meeting of Ukrnafta is scheduled for February 17, where the company’s division plan between Naftogaz and Igor Kolomoisky’s Privat Group will begin. According to the docume... #KolomiskyandUkrNafta #Ukrnafta #UkrnaftaSplit
