Oil majors cut 2020 spending by 22% after prices slump

The world’s biggest oil and gas companies are cutting spending this year .

342 MW wind farm will be built in Germany

The station will become the third offshore wind farm off the coast of Germany.

It is necessary to pump 2-3 billion cubic meters of gas by the next heating season – Makohon

It has not been decided yet who will be involved in gas injection after the PSO is canceled.

The UBA Committee calls on the Prime Minister of Ukraine to appoint the Minister of Energy

The Committee of the Ukrainian Bar Association sent an open appeal to the Prime Minister of Ukraine.

There are 15.9 billion cubic meters of gas in Ukrainian underground gas storages

Of these, 1.6 billion cubic meters are in the "customs" warehouse.

The weighted average price for electricity at the DAM in March amounted to 1391.23 UAH/MWh

This is 9.42% more than in February.

Oil price dynamics amid a price war between OPEC and Russia

Over the past week, world oil quotations have experienced serious volatility.

Electricity sales on the day-ahead market decreased in February

According to the state-owned enterprise Market Operator, the volume of electricity sales on the day-ahead market (DAM) in the IPS of Ukraine trade zone decreased by 12.53% in February 2020.

Growth of solar generation in Europe and worldwide: Spain leads

Solar energy will develop proactively in the coming years.

Ukraine significantly increased gas purchases in Europe in 2019

Naftogaz has not purchased natural gas from Russia for more than 1,500 days