Category: 9. Business
-
The resumption of production at the Sakhalin field in Ukraine has increased daily gas production by 1.39 million cubic meters.
On August 10, the Ukrnaftoburinnia company resumed natural gas production at the Sakhalin field (Kharkiv region) with 15 billion cubic meters of blue fuel reserves. During the day, the company extracted approximately 1.39 million cubic meters of gas, which helped to increase the total gas… Continue Reading
-
The first offshore wind turbines and geothermal stations should appear in Ukraine in a few years.
The Cabinet of Ministers has published the National Renewable Energy Action Plan until 2030, which states that the full-scale Russian invasion has resulted in the loss of about 25% of installed renewable energy capacity. The situation with wind power plants is particularly difficult – 75%, or… Continue Reading
-
The export of sugar from Ukraine has been critically reduced due to European tariffs, and prices will fall.
In the first half of August, Ukraine exported 3,000-4,000 tons of sugar, while two months ago this indicator reached 100,000 tons, analysts from the All-Ukrainian Agrarian Council reported. “The Ukrainian sugar market is facing difficulties, as we are now completely focused on domestic… Continue Reading
-
Most Ukrainians state that the economic situation is worsening, but the population works more and has higher income.
The majority of Ukrainians (83%) believe that the economic situation in Ukraine has worsened over the past year, according to a study by the Rating group. Another 10% saw no change, and 2% saw an improvement. At the same time, 57% of the respondents stated that their confidence in the future… Continue Reading
-
Putin’s war catastrophe: Ukraine controls twice as many settlements in the Kursk region as Putin was told.
The Armed Forces of Ukraine’s area of operation in Kursk Oblast covers the territories from which Moscow attacked Sumy Oblast. Therefore, the current operation is purely a security issue for Ukraine, bringing about the liberation of the border from the Russian military, President Volodymyr… Continue Reading
-
During the Kursk operation, Ukraine again asked for permission to employ Western weapons, and American senators have promised to convince Biden.
President Zelenskyy welcomed a delegation of US senators in Kyiv, with whom he discussed what Ukraine needs to do to “end the war fairly.” The discussions regarded the need to use long-range weapons. One of the delegation members, Republican Senator Lindsey Graham, called Ukraine’s… Continue Reading
-
Ukraine is trying to attract American investment in its mineral development.
Ukraine and the US discussed deepening cooperation in critical materials to encourage American businesses to enter Ukraine and invest in mineral extraction and processing. Implementation of joint investment projects was discussed during the meeting between the Ministry of Economy and a US… Continue Reading
-
Ukraine and Russia will continue to transport fuel despite the fighting in the Kursk region.
The application for the transit of Russian gas through the territory of Ukraine on Tuesday increased by 7% compared to the nomination on August 12. The volume of the confirmed nomination through the Sudzha gas measuring station is 42.4 million cubic meters, which corresponds to traditional… Continue Reading
-
The EU grants Ukraine €4.2B under the Ukraine Facility, and the budget will receive almost the same amount by the end of the year.
Ukraine received €4.2B for implementing nine indicators in the second quarter of 2024, which were provided by the Plan of Ukraine within the framework of the Ukraine Facility. The tranche consists of €2.7B in preferential credit financing and a grant of €1.5B. The funds will be used for… Continue Reading
-
Ukraine will hold pilot green auctions to attract investors to renewable generation.
The Cabinet of Ministers instructed the Ministry of Energy to ensure the organization and conduct of a green auction pilot program to attract investors to renewable generation. “The government has adopted a document implementing the practice of pilot auctions for the distribution of support… Continue Reading