Category: 9. Business

According to ExPro, Ukraine exported 688,000 MWh of electricity during this period, which is 180% higher than the same period in 2024. A total of 37 companies exported electricity. Among these, the share of state-owned companies – Energoatom, Ukrhydroenergo, the Energy…

According to a report by the International Renewable Energy Agency (IRENA), deploying 582 gigawatts of new renewable capacity in 2024 led to significant savings, avoiding fossil fuel costs of about $57B. Notably, 91% of new renewable energy projects last year were more…

AgroVista Group is preparing to construct a biogas plant, said the company’s top manager Pavlo Fesyuk. He mentioned that this project is fully developed and has been presented to investors. Fesyuk added that the company has all the necessary resources to launch this…

Energy Minister Svitlana Grynchuk said: “Today, the main challenge is the widespread use of unmanned aerial vehicles. In 2025, up to 90% of strikes are expected to be carried out by UAVs. Therefore, the Ministry of Energy emphasizes the need to install advanced systems…

Centravis, a manufacturer of seamless stainless-steel pipes, plans to implement projects to modernize their production and expand their pipe manufacturing operations by $14.5M over two years. The first project involves purchasing new equipment, which will enable the…

Latvia has sent 1,300 drones to Ukraine’s Armed Forces as part of the multinational Drone Coalition. Including this shipment, Ukraine has received a total of 12,000 Latvian-made drones worth over €17M this year.

The Canadian government will contribute an additional…

Due to declining oil prices and a strengthening Russian currency, Moscow’s income from July’s hydrocarbon sales will drop by roughly 37% compared to the same period last year, reaching ₽680B ($8.66B). Russia’s profits from oil and gas sales from January to July…

The Ukrainian Parliament approved legislation that would strip the country’s anti-corruption agencies of their independence and could hinder efforts to combat high-level corruption. The changes effectively place the National Anti-Corruption Bureau (NABU) and the…

According to The Guardian, Putin does not seem embarrassed by the first tangible rift between US President Donald Trump and Moscow, indicating that the Russian dictator has long anticipated this development. Although Russia considers the worsening of ties with Trump…

US Treasury Secretary Scott Bessent said that the Washington expects its European allies to join potential secondary tariffs against countries that help Russia, particularly by purchasing its oil. These sanctions could be implemented if Russia does not meet the…