
Ukraine signs LNG deal with Poland’s Orlen amid Russian attacks
"Partnering with Orlen strengthens energy security, diversifies supply routes, and accelerates Ukraine's integration into the European gas market," said Roman Chumak, CEO of Naftogaz.
"Partnering with Orlen strengthens energy security, diversifies supply routes, and accelerates Ukraine's integration into the European gas market," said Roman Chumak, CEO of Naftogaz.
Ukraine plans to import about 3.5 billion cubic meters of gas for the upcoming heating season due to ongoing Russian attacks on its energy infrastructure, Bloomberg reported on March 4.
As Kyiv and Washington celebrate agreeing to jointly develop Ukraine’s natural resources after weeks of tense negotiations, the deal still has a long way to go before the money starts flowing. Officials, experts, and those close to the deal say the current version of the agreement is an improvement
The following is the Feb. 25, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. After weeks of back-and-forth, during which U.S. President Donald Trump lobbed insults at Ukrainian President Volodymyr Zelenksy,
The company expects to finalize and announce the deal within the next two months, with most potential partners based in the U.S.
LATEST: Kyiv, Washington reach agreement on minerals deal. The media cycle around a natural resources deal between Washington and Kyiv has been nonstop as the two sides lock horns over an agreement that has escalated from speculative critical minerals to Ukraine’s fruitful oil and gas sector. The relationship between
"The deal should be signed," Boris Johnson said, speaking at the YES conference event held in Kyiv by the Victor Pinchuk Foundation on Feb. 24, the third anniversary of the Russian full-scale invasion. "It commits the U.S. to a free and sovereign Ukraine. A continued American support is well worth the price for Ukraine."
"We are committed to completing this (deal) swiftly to proceed with its signature," Stefanishyna said on X. While praising the talks as "constructive," Deputy Prime Minister Stefanishyna did not provide any details on the deliberations or the content of the deal.
Yulia Svyrydenko's comment comes as Kyiv and Washington negotiate a deal for Ukraine’s natural resources in return for support and security guarantees.
Russian strikes have repeatedly hit Ukraine’s gas infrastructure over the course of the war, reducing production by as much as 40% at certain periods following an attack.
Within weeks of U.S. President Donald Trump saying he wanted to do a deal with Kyiv on its “rare earths and other things,” it became clear the U.S. wasn’t just interested in Ukraine’s critical minerals and rare earth elements. U.S. Treasury Secretary Scott Bessent visited
"The purpose of these criminal attacks is to stop the production of gas needed to meet the household needs of citizens and centralized heating," Energy Minister Herman Halushchenko said.
The following is the Feb. 18, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukraine's natural resources — We'll take them all please It all seemed to be going swimmingly at first. President
The following is the Sept. 25, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Kyiv’s iconic “Hotel Ukraina,” located on the city’s central Independence Square, also known as Maidan Nezalezhnosti,
The following is the Sept. 17, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukraine passes latest IMF review Ukraine passed its latest loan program staff review with the International Monetary Fund
In the first half of 2024, Ukraine's largest gas producer, Ukrgasvydobuvannya, pumped 8.8% more gas than in the same period last year, the company announced on July 16.
The CEO of Ukraine's national energy company has urged EU nations to assist in safeguarding its natural gas storage facilities against recent Russian attacks so they can keep contributing to lower prices across the continent.
Despite Russia’s incessant attacks on Ukraine’s energy system throughout its now more than two-year-old invasion, the country’s oil and gas giant Naftogaz just celebrated its first heating system without any gas imports. It is the “greatest moment in Ukraine’s energy history,” Naftogaz CEO Oleksiy Chernyshov told