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Members of a regional council in Ukraine said Friday they approved a draft production agreement for shale natural gas with U.S. energy company Chevron.
An energy company operating in Ukraine said it started what it believes to be the largest hydraulic fracturing operation in Europe to date.
A construction-starting ceremony for the site of the EuroBasket 2015 European Basketball Championship in Kiev, Ukraine, included the burying of a time capsule.
The latest assessment of Ukrainian natural gas reserves was lower than expected, Regal Petroleum said in its latest update.
Russian natural gas supplies to Ukraine are down more than 20 percent for the first two months of the year compared to 2012, the government said.
Natural gas production from Ukrainian fields averaged 1,700 barrels of oil equivalent from January to February, said Regal Petroleum.
The Ukrainian government throws away billion of dollars in payments to Russia for annual natural gas deliveries, Ukrainian Prime Minister Mykola Azarov said.
There's enough natural gas in Ukrainian shale plays to satisfy the country's needs without imports, said Ukrainian Prime Minister Mykola Azarov.
A plane carrying 45 people crash landed in Donetsk, Ukraine, killing at least five people, officials said.
Despite Gazprom sending a $7 billion bill to Ukraine for 2012 gas volumes, an energy analyst in Moscow ruled out another round of crippling disputes.
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United Press International
United Press International
United Press International
United Press International
