Latest news

Ukraine’s Naftogaz sealed a deal with Egyptian authorities upon oil fields.

Egypt's Prime Minister, Ahmed Mohamed Nazif, was cited by a Ukrainian press agency announcing that the Ukrainian company, Naftogaz Ukrainy, received the green light for the exploration and extraction of oil in Western Sahara.

read more... 29/11/2010


The issues over gas price between Russia and Ukraine are far to be solved

Ukrainian state energy firm Naftogaz has paid around $1.063 billion to Russian gas giant Gazprom for October gas supplies.

read more... 10/11/2010


Italy is about to build its first nuclear plants

On Friday, Italy announced the establishment of a new nuclear safety agency as to reinstate the country's nuclear power, after it was rejected in 1987 after the Chernobyl disaster in Ukraine, being seen risky and pricey.

read more... 08/11/2010


First liquefied natural gas terminal will be built in Ukraine.

Ukraine plans to launch its first liquefied natural gas terminal in the Black Sea region in 2015, with a capacity of 5 billion cubic meters per year.

read more... 03/11/2010


Regal considers leaving Ukraine.

The oil British explorer, Regal Petroleum, announced that due to its poor performances in Ukraine, it plans to execute a strategic review, as CEO David Greer quit, and Chairman Keith Henry took over.

read more... 01/10/2010