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Ukraine could become Eastern Europe’s energy hub

The US State Department's Special Envoy and Coordinator for International Energy Affairs, Carlos Pascual, during a meeting with Ukraine’s Prime Minister Mykola Azarov, stated that Ukraine has the potential to become an energy hub of Eastern Europe.

read more... 07/02/2013

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EWEA: Eastern Europe could power 9 million homes by the end of this decade

The European Wind Energy Association has launched a new report at Europe’s premier wind energy event held in Vienna- EWEA 2013 which studies the emerging wind power markets in Central and Eastern European countries, and other countries like Turkey, Ukraine and Russia.

read more... 06/02/2013

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It is official: Ukraine signed a major shale drilling deal with Shell

Ukraine and the world oil giant Royal Dutch Shell signed on January 24 a $10 billion shale gas production sharing agreement aimed at helping the ex-Soviet country to reduce its dependence on Russia.

read more... 31/01/2013

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Gazprom requires 7 billion dollars for imports of gas to Ukraine

National Naftogaz of Ukraine received from Gazprom a 7 billion dollars bill. In January 2009, the two companies have signed an agreement according to which Ukraine had to buy from Moscow at least 41 billion cubic meter of gas a year, and if consumes less, it is obliged to pay a penalty. In fact the country imported last year less gas than stipulated in the contract, about 33 billion cubic meters.

read more... 28/01/2013

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Shell to sign 10 billion dollars deal with Ukraine

On Wednesday, Royal Dutch Shell and Ukraine approved the plans for Shell to develop the country’s huge shale reserves under a production sharing contract.

read more... 18/01/2013

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