National Energy Company Ukrenergo saw 292.681 million UAH of net profit in 2015 compared to 1.94 billion UAH of net loss a year ago, according to an audited report posted on the company’s website. Revenue grew by 74.5% in 2015, to 5.5 billion UAH, and pretax profit totaled 395.326 million UAH compared to 2.264 billion…
The Cabinet of Ministers has to make the final decision on including Yuzgas B.V. (the Netherlands), which has won the corresponding tender, as an investor in the production sharing agreement (PSA) for hydrocarbons extraction on Yuzivska deposit (Donetsk and Kharkiv region), Nadra Ukrainy board chairman Yaroslav Klymovych has said. “Procedurally, investors appeal to the government…
Kazakhstan’s National Atomic Company Kazatomprom is interested in developing cooperation with Ukraine in various areas of the nuclear fuel cycle (NFC), including production of nuclear fuel in Kazakhstan for Ukrainian nuclear power plants (NPP), Kazatomprom has said. The Kazakh Ministry of Energy and Kazatomprom plan to meet with the Ukrainian Ministry of Energy and Coal…
The process of corporatization of the state-owned enterprise NAEC “Energoatom” should provide for the opportunity to involve the western partners, including from the USA, in the company’s management. President of NAEC “Energoatom” Yuri Nedashkovsky said this, speaking at the meeting of the Eurasian Center of the Atlantic Council in the United States, the press service…
Coal stocks at warehouses of thermal power plants (TPPs) in Ukraine during the first 10 days of August decreased by 66,800 tons to 863,000 tons. This has been reported by the press service of NPC Ukrenergo. As of August 1, 929,800 tons of coal were stored at warehouses of the thermal power plants. (Ukrinform/Business World…
OPEC expects Azerbaijan’s oil supply to average 0.85 million barrels per day (bpd) in 2016, down by 10,000 bpd YoY, the cartel said in its monthly oil market report. The forecast remained unchanged as compared to the previous monthly oil market report. Azerbaijan’s oil output decreased by 10,000 bpd to average 0.86 million bpd in…
A conference held at the National press center of Uzbekistan was devoted to uninterrupted providing the population with electrical energy and progress achieved over the years of independence in the development of the energy industry. The event was organized by representatives of JSC “Uzbekenergo”. Among other things, it was noted that the energy sector had…