Editor’s Note: This is issue 134 of Ukrainian State-Owned Enterprises Weekly, covering events from May 25 – June 1, 2024. The Kyiv Independent is reposting it with permission. Energy sector Ukrainian energy facilities struck again. In the early morning of June 1, Russia attacked Ukraine’s energy infrastructure in Zaporizhzhia,
A meeting between Ukrainian Energy Minister Herman Halushchenko and Turkish Ambassador Mustafa Levent Bilgen was held to address the consequences of Russia’s attacks on Ukraine’s energy systems.
The allocated funds will be spent on urgently needed spare parts, generators, and repair lines, according to Der Standard.
Ukraine will introduce hourly energy shutdowns for industrial and household consumers in all oblasts from 6:00 p.m. local time on May 20 until midnight.
Ukraine implemented rolling blackouts on May 15 due to power shortages caused by Russian attacks, Ukraine's state-owned energy operator Ukrenergo announced.
Russian attacks and cold weather have caused a "significant capacity deficit" in Ukraine's power system, leading to blackouts and energy restrictions for consumers across the country, the Energy Ministry reported on May 15.
Ukraine's state-owned energy operator Ukrenergo said it had to introduce additional restrictions due to the damage from the recent Russian strikes against Ukrainian energy infrastructure and the increase in electricity consumption after the temperature drop.
Editor’s Note: This is issue 131 of Ukrainian State-Owned Enterprises Weekly, covering events from May 4-10, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Cabinet appoints new acting CEO for Ukrspyrt. On May 3, Stanislav Banchuk was appointed to the position. On May 6,
Ukraine may face "difficulties with electricity supply in the summer" and should "prepare for a difficult winter" due to Russia's attacks on energy infrastructure, Energy Minister Herman Halushchenko said in a statement on May 13.
Gazprom’s revenue fell by 30% last year with a net loss of $6.9 billion, the largest in 25 years. Russia’s full-scale invasion of Ukraine led to worsening relations with Europe, limiting the operations of the company.
Various weapons were used in the attacks and 107 settlements were targeted. Thousands of households in seven oblasts are suffering power outages due to Russian attacks, the Energy Ministry reported.
Ukraine received an emergency electricity supply from Poland, Romania, and Slovakia amid an ongoing power shortage following Russia's attacks on energy infrastructure, the Energy Ministry reported on May 11.
Ukrainian businesses and industry will face more restrictions in energy use due to a "significant shortage of electricity," Ukraine's state-owned energy operator Ukrenergo reported on May 10.
Russian forces launched a drone attack in Sumy Oblast overnight on May 6, targeting the region's energy infrastructure, the Sumy Oblast Military Administration reported.
"We note the ongoing efforts by countries which operate Russian-designed reactors to make progress in securing alternative nuclear fuel contracts and to reduce dependencies related to spare parts, components, and services," read the statement issued after a two-day ministerial summit in Torino, Italy.
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said on April 28.
The Latvian state-owned company Latvenergo provided Ukraine with equipment to restore the energy system after Russian attacks, the Delfi media outlet reported on April 28.
During a visit to Japan, a Ukrainian delegation led by Energy Minister German Galushchenko held discussions with Japanese officials regarding assistance in rebuilding Ukraine's energy sector.
The following is the April 23, 2024 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. Ukrainians cautiously celebrated the House finally passing further aid to Ukraine last Saturday. The moment was bittersweet — how
The following is a chart based off of data originally published in the Kyiv-based Center of Economic Strategy's "Ukraine War Economy Tracker." The Kyiv Independent is republishing it with permission. Ukraine is forced to rely on electricity imports after Russian attacks Net commercial exports of electricity, MWh Positive net exports
According to Kpler, Russia exported around 740,000 barrels of crude per day in the 10 days leading up to April 13, a 25% decrease from the same period the previous four years.
The following is the April 16, 2024 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. Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide
Editor’s Note: This is issue 127 of Ukrainian State-Owned Enterprises Weekly, covering events from April 6-12, 2024. The Kyiv Independent is reposting it with permission. Banks EBRD extends 200-million-euro lending guarantee to Oschadbank. On April 10, the European Bank for Reconstruction and Development (EBRD) extended a 50-million-euro ($53 million)
All six reactors at the Zaporizhzhia Nuclear Power Plant (ZNPP) have reached a state of cold shutdown for the first time since October 2022, the International Atomic Energy Agency said in a news release on April 13.
Nova Group has set up a company that will generate energy on a regular basis, including both solar and gas power, the group's co-owner Volodymyr Popereshniuk announced on April 12.
A Ukrainian drone strike on Belgorod on April 12 damaged an administrative building of a "resource supply company," injuring two people, Belgorod Oblast Governor Vyacheslav Gladkov claimed.
France has paid Russia 600 million euros ($644 million) for liquified natural gas (LNG) imports in just the first three months of 2024, making it the fastest-growing consumer of Russian LNG in the EU, Politico reported on April 11.
Russia damaged two DTEK thermal power plants in its latest overnight mass attack on Ukrainian energy infrastructure, according to a press release on April 11 from DTEK, Ukraine's largest private energy company.
Ukraine has been encouraging foreign traders to store gas in its vast underground gas storage (UGS) facilities, the majority of which are located in western Ukraine.
Editor’s Note: This is issue 126 of Ukrainian State-Owned Enterprises Weekly, covering events from March 30 – April 5, 2024. The Kyiv Independent is reposting it with permission. Energy sector Ukrtransgaz starts the season of gas injection into underground storage. On April 2, Ukrtransgaz, a Naftogaz subsidiary, reported the end
The number of injured following a Russian missile attack against Poltava Oblast on April 8 has risen to 16, including four children aged between five and 11, Governor Filip Pronin said on April 9.
"Energy security and supply is being used as a weapon against Ukraine to wear down Ukrainian citizens," said Danish Energy Minister Lars Aagaard.
