Naftogaz third Quarter and nine months 2020 financial results: Improvements deliver cash in a difficult environment

Reported loss for the quarter was UAH 5.5 billion, compared with a loss of UAH 4.8 billion for the third quarter of 2019

Ukrnafta paid UAH 870 million in taxes in October

The largest receipts from the rent paid by Ukrnafta were received by the budgets of Sumy, Ivano-Frankivsk and Poltava regions.

Ukrnafta reduced oil and gas production in September

Ukrnafta's production in September amounted to 119.7 thousand tonnes of oil and condensate.

Shell's net profit for the third quarter fell 12 times

Royal Dutch Shell is engaged in the production and processing of hydrocarbons in more than 70 countries.

ExxonMobil plans to cut some of its employees

ExxonMobil's losses in the second quarter of 2020 were the largest in the company's recent history.

The State Service for Geology and Subsoil explained the situation concerning cancellation of Ukrnafta's license for the Boryslavske field

Kyiv District Administrative Court annulled the special permit for the development of the field, issued to Ukrnafta.