While Special Envoy Steve Witkoff is reportedly advocating for the easing of energy sanctions, others in the administration disagree. Interior Secretary Doug Burgum favors reducing U.S. reliance on Russian imports rather than expanding trade, according to Politico.
Ukraine boosted electricity exports by 150% in June 2025 compared to the previous month, reaching over 237,000 megawatt-hours (MWh), according to consulting firm ExPro Electricity.
Editor’s note: This is issue 31 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from June 17–June 24, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
The appointment comes after ten months of interim leadership following the controversial dismissal of former CEO Volodymyr Kudrytskyi in September 2024.
Ukraine's largest private energy company DTEK and British clean energy group Octopus Energy have launched a program to install rooftop solar panels and battery storage systems at Ukrainian businesses and public institutions, DTEK announced in a press release on June 23.
Israel’s strikes on Iranian nuclear facilities have alarmed none more than Russia, the country that first brought nuclear power to Iran in defiance of Western objections. We’re “millimeters from catastrophe,” said Kremlin spokeswoman Maria Zakharova on June 18 in response to a bombing campaign that Israel launched against
Editor’s note: This is issue 30 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from June 9–June 15, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks
The EU provided 13 million euros ($15 million) of the new funding, while Germany's International Climate Initiative (IKI) provided 5 million euros ($5.7 million).
As the war in Ukraine grinds on, attention remains fixed on the battlefield. But Russia’s most vulnerable flank is not in the trenches — it’s in the treasury. The West, and especially the United States, holds economic levers that could push Vladimir Putin toward serious negotiations or even collapse
Yevhen Balytskyi, the Kremlin-appointed head of the occupied part of Zaporizhzhia Oblast, claimed that 457 settlements in the region were left without power, affecting more than 600,000 homes.
Ukraine's largest private energy company DTEK secured a $72-million loan to build one of the largest battery energy storage complexes in Eastern Europe, the company said on June 3.
Ukrainian commissioner for sanctions policy Vladyslav Vlasiuk said international sanctions remain a key driver behind the decline in Russia's energy revenues.
Rescuers continue to work at the scene, while the consequences of the accident are still being determined.
Washington’s involvement may also help mitigate political opposition in Europe, while giving the U.S. strategic visibility over future Russian energy flows, sources told Reuters.
Construction of the pipeline was scheduled to begin in 2024, but has been plagued with construction issues and diplomatic tussles.
BRUSSELS — After years of reducing its reliance on Russian gas, the European Union is moving to turn off the taps completely within the next two years. The European Commission (EC) on May 6 presented a detailed roadmap to fully sever the European Union’s energy dependence on Russia by 2027.
Naftogaz Group, Ukraine's state-owned oil and gas giant, reported a net profit of Hr 38 billion ($913 million) for 2024, marking a 64% increase from the previous year, the company announced on May 1.
The following is the April 29, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. The following is an excerpt from our latest investigation by investigative reporter Alisa Yurchenko. On March 29, the
Editor’s note: This is issue 23 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly "Ukraine Reforms Tracker" covering events from April 21–27, 2025. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with permission. Benchmarks and
Special Envoy Steve Witkoff, who is set to meet Russian President Vladimir Putin in Moscow for their fourth meeting on April 25, has reportedly promoted the idea. It has "not found much traction in the White House," and U.S. Secretary of State Marco Rubio has opposed it, Politico reported.
Russia’s coal exports to China were reported to have dropped by almost 7% in 2024 compared to 2023.
Prague cast off its dependence on Russia's Druzhba oil pipeline for the first time in over 60 years, securing alternative supplies thanks to the expansion of the western Transalpine Pipeline (TAL).
"We have a common interest with the United States to bring Zaporizhzhia NPP under Ukrainian control and start the operation of this nuclear power plant," Energy Minister Herman Halushchenko said.
Russia has violated a partial ceasefire covering energy infrastructure more than 30 times since it was agreed in March, targeting critical infrastructure across Ukraine, a Ukrainian Foreign Ministry spokesperson said on April 16.
The funds are part of a broader 200 million euros (around $227 million) initiative co-financed by the European Bank for Reconstruction and Development (EBRD).
Bulgaria's deputy prime minister and chairman of the co-ruling Bulgarian Socialist Party (BSP), Atanas Zafirov, announced the news, arguing that Sofia needs to develop its nuclear energy capacities.
A fire broke out at a substation in the morning after an explosion occurred at a thermal power plant in the Russian city of Orenburg, leaving many local residents without power.
Presidential Office Deputy Head Pavlo Palisa clarified that Ukraine had not provided Washington with a list of specific infrastructure targets that would constitute a ceasefire breach if attacked by Russia.
"We've obviously got this energy infrastructure ceasefire. We've got a Black Sea commercial ceasefire that I think is almost done," U.S. Vice President JD Vance told reporters during a visit to Greenland.
"I can confirm that since this date, March 25... There have been no attacks on energy objects. Neither Russian attacks on our energy objects, or our attacks on Russian energy objects," Foreign Ministry spokesperson Heorhii Tykhyi told the Kyiv Independent at a press briefing.
After three days of separate intensive discussions with the United States, Russia and Ukraine left the latest round of ceasefire talks in Saudi Arabia with agreements to declare a limited ceasefire in the Black Sea and to halt strikes against energy facilities. While lauded by the White House as progress
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