Oil prices stabilized, with Brent rising for the first time in three weeks due to positive economic data from China and the US, which increased expectations of demand growth, while the decline in global crude and oil product inventories contributed to positive demand sentiment.
In 2023, Naftogaz launched 86 new wells and to reach production of about 15 billion cubic meters of gas in 2024 to increase Ukraine's energy independence and resilience.
"Naftogaz of Ukraine is actively preparing for the new heating season. This year, gas production has been increased to 15 billion cubic meters and oil production by 2 million tons.
In April 2024, Naftogaz Group paid UAH 8 billion to the state budget of Ukraine, which accounted for 11. 5% of total tax revenues for the month.
Ukrgasvydobuvannya commissioned two powerful deep gas wells in eastern Ukraine with a production capacity of 390 thousand cubic meters of gas per day.
The key companies of Naftogaz Group - Ukrgasvydobuvannya, Ukrnafta, Ukrtransgaz and Ukrtransnafta - improved their financial results by at least 40% in 2023, while Naftogaz of Ukraine significantly reduced its loss compared to the previous year.
Naftogaz of Ukraine plans to accumulate at least 13 billion cubic meters of domestically produced gas in preparation for the heating season, which will be enough to meet the consumption volumes in the regulated market segment.
Naftogaz Group posted a net consolidated profit of UAH 23. 1 billion in 2023 compared to a loss of UAH 79.1 billion in 2022.
Ukraine intends to store about 4 billion cubic meters of gas for foreign companies and traders this winter, 60% more than last year, despite Russian attacks on its energy infrastructure.
Ukraine needs more air defense systems from international partners to protect its underground gas storage facilities, which are crucial to Europe's energy security.
Last year, the revenues of the 10 largest Ukrainian energy companies reached UAH 745. 87 billion, up 8% compared to 2022, with D.Trading, a company of Rinat Akhmetov's SCM Group, becoming the sector leader.
The Ukrainian government has decided to extend the preferential electricity price of UAH 2. 64 per kilowatt for households until May 31 and the preferential gas price of UAH 7.96 per cubic meter for households until the end of the summer.
Naftogaz of Ukraine has extended the "fixed" tariff for another year, keeping the gas price for households at UAH 7. 96 (including VAT) per cubic meter until April 30, 2025.
The Parliament plans to divide underground gas storage facilities and main pipelines into key and nonkey facilities, with key facilities being strategically important and nonkey facilities being those that can be decommissioned or liquidated.
Ukraine will propose a $20 billion debt restructuring plan to international bondholders.
The court granted bail in the amount of UAH 242,240 to an official of a state-owned enterprise who participated in a criminal scheme that caused UAH 211 million in losses to JSC Ukrgasvydobuvannya.
President Zelenskyy held a meeting to discuss the situation on the frontline, energy issues, and the protection of critical infrastructure, emphasizing the need for greater unity among allies in providing air defense support to Ukraine.
Naftogaz Group is ready to buy the entire volume of gas that Ukrainian private producers will offer to the market in 2024 to support all-Ukrainian production in the face of war.
Shilо, the former head of SBU counterintelligence, is accused of organizing corruption schemes at Ukrzaliznytsia, but the case against him appears dubious due to inconsistencies in the evidence and suspicions that it was organized by his powerful enemies, including Russian oligarchs whose assets he helped confiscate and Ukrainian oligarchs whose schemes he exposed.
President Zelenskyy convened the Supreme Commander-in-Chief's Staff to address serious challenges, including Russian terrorists' attacks on Ukraine's energy sector, the need to strengthen air defense capabilities, and intensifying efforts with partners to replenish weapons and ammunition stocks more quickly.
During the night attack, Russian troops fired at Naftogaz Group facilities, but did not cause any serious damage.
Kyiv plans to end the heating season on March 28 due to significant warming, which will allow the city to save energy.
Ukraine's energy system is operating in a balanced manner, with no electricity shortages, but blackouts in some regions are caused by damage to the power grid as a result of recent Russian attacks on energy facilities.
russian shelling damaged the energy infrastructure, residential buildings and outbuildings in the village of Peremoha, Sumy region, temporarily cutting off electricity, gas and water supply.
Rescuers extinguish a fire at a critical infrastructure facility in Lviv region that was attacked by russian troops overnight and in the morning.
the russian attack damaged the above-ground infrastructure of Ukraine's underground gas storage facilities, but did not affect gas supplies to consumers due to the availability of sufficient reserve capacity.
An early morning russian missile attack damaged Naftogaz facilities in western Ukraine.
President Zelenskyy held a meeting dedicated exclusively to resolving the energy crisis caused by Russia's attacks on Ukraine's energy system, making closed-door decisions to restore electricity, water, and heat supply, and prioritizing air defense systems from partners.
Last night, the enemy launched a large-scale attack on Ukraine's energy system, which damaged facilities, including those of Naftogaz Group.
The emergency dispatch service of the 104 line in Kharkiv is not working, so backup phone numbers are provided to report gas-related emergencies and contact the State Emergency Service.