Founded in 1918
Saturday, 27 July 2024, 04:13
On Saturday, July 6, all regional power distribution companies will apply hourly power outage schedules from 00:00 to 24:00. From 17:00 to 22:00, restrictions for three groups of consumers will be in effect simultaneously.
Since March 22, 2024, as Russia resumed its massive attacks on Ukraine’s energy infrastructure, international partners have sent 184 humanitarian aid shipments to Ukrainian power engineers.
Ukrnafta PJSC has started to drill a new exploratory oil well in western Ukraine.
05 July 2024
Potentially, Ukraine can produce up to 10 billion cubic meters of biogas per annum, but this would require multibillion investments.
One of the key tasks during negotiations on Ukraine’s accession to the European Union is to agree on a compromise model of interaction that will combine the benefits of Ukrainian and European agricultural sectors.
Ukraine's international reserves decreased by 2.9% in June and reached USD 37.894 billion as of July 1, 2024.
Eighteen out of 91 cogeneration plants, which were transferred to Ukrainian communities by the USAID Energy Security Project (ESP), have already been connected.
Four criminal proceedings have been registered over the illegal export of animals from the Askania Nova Biosphere Reserve, with the first episodes causing more than UAH 60 million in damages.
Ukrainian Energy Minister German Galushchenko and United States Agency for International Development (USAID) Deputy Administrator Isobel Coleman have discussed strengthening the resilience of Ukraine’s energy system amid Russian attacks.
04 July 2024
As part of his working visit to the United States, Ukrainian Energy Minister German Galushchenko met with United States Secretary of Energy Jennifer Granholm.
03 July 2024
The Ukrainian side does not want to extend the gas contract with the Russian Federation because it does not want it to make money here.
Small and medium-sized enterprises in the Zhytomyr region have obtained more than UAH 9 billion in loan funds since the government program ‘Affordable Loans at 5-7-9%’ was launched.
On July 2, 2024, Ukraine’s Ministry of Finance raised UAH 9.409 billion to the state budget at an auction for the placement of domestic government bonds.
In January-June 2024, Naftogaz Group increased gas production volumes by 8% compared to the same period last year.
02 July 2024
President Volodymyr Zelensky said that Ukraine fully chooses the volume of electricity imports agreed with the EU.
Transit of Ukrainian products across the Hungarian border increased by 30% over the year.
Ukraine is doing everything possible to increase electricity imports, and this should be a European solution.
Buy Ukrainian policy is meant to create thousands of new jobs and provide a supportive boost to the economy
On July 2, the European Union reintroduced tariff quotas from the Deep and Comprehensive Free Trade Area (DCFTA) on imports of eggs and sugar from Ukraine.
In January-June 2024, Ukraine’s state budget received USD 20.2 billion in financing, namely USD 13.8 billion in external financing and USD 6.4 billion from domestic government bonds.
The World Bank has appointed Bob Saum as the World Bank Country Director for Eastern Europe, based in Kyiv, overseeing the Bank’s programs in Ukraine and Moldova, effective July 1.
01 July 2024
Through its genocidal war, Russia has already destroyed more than 60 million square meters of housing in Ukraine.
The modernized free trade agreement between Ukraine and Canada has officially entered into force on July 1.
The government has forecast that inflation in Ukraine will remain below 10.4% on an annual basis over the next two years, with a further slowing to 5.9% in 2027. This information is set out in the Budget Declaration for 2025-2027.
The Cabinet of Ministers of Ukraine has approved the Budget Declaration for 2025-2027, which outlines a gradual economic recovery. In particular, GDP is expected to grow by 2.7% in 2025.
29 June 2024
Currently, 35,203 MWh of electricity is expected to be imported.
The President signed the Law "On the Bureau of Economic Security of Ukraine" to improve the work of this agency.
The International Monetary Fund has approved a USD 2.2 billion tranche to support Ukraine's state budget.
On Saturday, June 29, power supply limits will be in effect from 00:00 to 24:00.