Latest news
Russian gas transit to Europe to be jeopardized if Ukraine fails to pay
Russian gas giant Gazprom warned on Tuesday that gas transit to Europe may be at stake after Ukraine hesitated to pre-pay for its deliveries.
read more... 24/02/2015
Canada imposes fresh sanctions on oil giant Rosneft, Rostec CEO
Canada has imposed new sanctions against Russian oil conglomerate Rosneft and Rostec CEO, Sergei Chemezov, blaming Russia for military backing of the separatists in eastern Ukraine.
read more... 18/02/2015
Ukraine to spend $1 billion to build up a strategic gas reserve
Ukraine has unveiled a plan to borrow $1 billion to create a strategic gas reserve in order to reduce its reliance on fuel imports from Russia.
read more... 17/02/2015
Ukraine sees reduced European summer gas prices, to boost reserves
European summer spot gas prices for Ukraine might decrease to between $250 and $300 per 1,000 cubic metres, permitting Kiev to raise its underground storage reserves, as stated by Ukrainian Prime Minister Arseniy Yatseniuk on Wednesday.
read more... 05/02/2015
Russia: Gazprom reduces gas price for Ukraine in first quarter
Ukraine will pay less for Russian gas in the first quarter compared with the last quarter because of a drop in the price of oil, as stated on Tuesday by Sergei Kupriyanov, representative for state-owned gas producer Gazprom.
read more... 04/02/2015