NEURC approved the draft decision on the introduction of the annual natural gas price

The basic annual offer will run from May 1, 2021 to April 30, 2022.

Oil hits almost 14-month high after OPEC+ extends output cuts

Oil prices jumped more than 2% on Friday, hitting their highest in nearly 14 months after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand...

Vitrenko: Coal for Centrenergo will be supplied from state mines under direct contracts

He also said that the debts to the Nadiia mine will be paid off as soon as the law on the restoration of the powers of the acting president comes into force.

Akademik Cherskiy joined the construction of Nord Stream 2

The laying of two lines of Nord Stream 2 is planned to be completed by the end of September 2021.

Oil price continued to increase on Friday due to OPEC+ decisions

The ministers of the OPEC+ countries refused to increase oil production in April by 500 thousand barrels per day (bpd).

In 2020, Ukrenergo completed key activities to integrate the Ukrainian energy system to ENTSO-E

The company has finished the collection and preparation of data to create a mathematical model of the Ukrainian power system.

Bank of Japan stops financing coal plants

Last December, the bank decided to provide $1.7 billion for the construction of a new coal-fired power plant in Vietnam.

Power unit No.2 of Rivne NPP put into scheduled preventive repair

The preventive repair will take 45 calendar days.

Brent price went up to $64.64 per barrel

The JMMC meeting on March 3 ended without making any recommendations for the ministerial meeting.

The Cabinet of Ministers: Naftogaz must ensure in March wholesale gas sales at a fixed price for the population and fuel and energy consumption by the end of April 2022.

The corresponding decision was made on the proposal of the acting Head of the Ministry of Energy Yurii Vitrenko.

Ukraine resumed electricity export to Europe

The resumption of exports became possible after a decrease in electricity consumption in Ukraine as a result of warming, as well as an increase in the load on nuclear power plants.

Ukrtransgaz: almost 3 billion cubic meters of gas were withdrawn from the Ukrainian underground storage facilities

As of 01.03.2021, the natural gas stocks in underground storage are 18.03 billion cubic meters of gas.