Founded in 1918
Saturday, 20 December 2025, 15:54
China is consolidating its position as Mongolia’s key economic partner, rapidly expanding purchases of Mongolian coal and financing new logistics routes that deepen Ulaanbaatar’s dependence on its southern neighbor while simultaneously reducing Russia’s role in regional trade.
The Kremlin has finally abandoned plans to build the North Siberian Railway, which was supposed to become a key transport corridor for coal exports and the Northern Sea Route.
Ukrenergo CEO Vitalii Zaychenko believes that it may take weeks to improve the electricity supply situation after the Russian attack on the night of December 6.
In all regions of Ukraine on Sunday, December 7, electricity consumption schedules will be in effect from 00:00 to 23:59, with three to four rotation blocks being disconnected.
06 December 2025
The new economic strategy developed by the Kremlin envisions increased state pressure under the guise of empty promises of growth and modernization.
Emergency power cuts have been introduced in several regions of Ukraine on December 6 as a result of a massive Russian missile and drone attack on energy infrastructure.
Zaporizhzhia Nuclear Power Plant temporarily lost all external power supply during the night of December 5–6. This was the 11th such incident since the start of the Russian-Ukrainian war.
In Ukraine, as a result of Russia’s massive strike on energy facilities on Saturday, December 6, the scope of previously forecast electricity consumption restriction measures has been increased.
Despite the war, Ukraine remains a key player in the global vegetable oil market, with sunflower oil accounting for the lion’s share (89%) of the category, while the share of soybean and rapeseed oils is gradually increasing.
WTI oil prices are showing weekly growth amid escalating tensions between the United States and Venezuela and the expected interest rate cut by the Federal Reserve.
05 December 2025
From December 1 to 12, 2025, the International Atomic Energy Agency (IAEA) is carrying out another special mission at Ukraine’s energy infrastructure facilities that are critical for the safety of nuclear power plants.
According to experts from the International Atomic Energy Agency (IAEA), the New Safe Confinement (NSC) at the Chornobyl Nuclear Power Plant, which was damaged in a drone strike in February, has lost its primary safety functions. However, its main structures and monitoring systems did not sustain irreversible damage.
The Cabinet of Ministers has approved a decision aimed at curbing the growth of electricity transmission tariffs.
Since the beginning of the full-scale invasion, Russia has built a shadow fleet of more than 1,240 tankers to circumvent Western sanctions and continue selling oil.
On the morning of December 5, emergency electricity outages are being implemented in Kharkiv, Sumy, Poltava, Zaporizhzhia, Dnipropetrovsk regions, and partially in Kirovohrad region.
The United Kingdom is considering transferring £8 billion (nearly $11 billion) worth of Russian assets frozen on its territory to Ukraine.
Deputy Minister of Energy of Ukraine Olha Yukhymchuk took part in the meeting of Cluster 3 of the Subcommittee on Economic and Other Sectoral Cooperation of the Ukraine-EU Association Committee.
04 December 2025
The Supervisory Board of Ukrenergo has established an Ethics and Anti-Corruption Committee aimed at strengthening independent oversight of integrity-related matters.
On December 4, the U.S. Department of the Treasury allowed operations with Lukoil gas stations located outside Russia by issuing a general license valid until April 29, 2026.
Ukraine's key advantage is that it relies on the private sector and strives for complete localization in weapons production.
The IMF Executive Board will make a decision on a new program for Ukraine only after the authorities fulfill the preconditions and financing guarantees are secured within the framework of the new agreements.
As of the morning of December 4, consumers in three regions remained without electricity following overnight Russian strikes.
As of December 3, more than 99% of boiler houses across Ukraine are operational, and 99% of the housing stock is connected to heating, according to Deputy Minister for Communities and Territories Development Kostiantyn Kovalchuk.
Since May 2025, Naftogaz Group has imported around 4.4 billion cubic meters of natural gas to prepare for the heating season, with total imports expected to exceed 5 billion cubic meters by year‑end.
A steep decline in the financial performance of Rosneft could trigger a chain reaction of reduced solvency in related sectors such as logistics, oilfield services, and machine building.
03 December 2025
The global defense industry is entering the second phase of developing kamikaze drones and FPV drones, which involves integrating them with other systems, in particular thanks to Ukraine's experience.
On December 3, the European Commission added Russia to the list of countries with a high risk of money laundering and terrorist financing.
On December 3, the government adopted a decision that continues the personnel reboot in the energy and defense sectors.
Prime Minister Yuliia Svyrydenko welcomed the adoption of the 2026 state budget and emphasized that it is crucial for the Cabinet of Ministers to ensure the budget remains balanced and meets the country’s real needs during wartime.