Uniper continues to buy energy from Russia, which DTEK claims is financing the war in Ukraine

A deal has been signed between Naftogaz and Quebec-based Symbio

People are left without gas as a result of damages to gas pipelines

Naftogaz said it temporarily suspended gas extraction in one of its production facilities

The financial support will help reduce the country’s dependence on imports

Under the terms of the deal, Russia is obligated to send 65bn cubic meters (bcm) of gas through Ukraine in 2020 and 40bcm of gas from 2021 to 2025

Russia turned off the gas taps to Ukraine this morning after its deadline for an unpaid gas bill passed. Russian state energy firm Gazprom extended the original deadline by a week after Ukraine seemed to be playing ball with its bigger neighbour. The firm said it switched Ukrainian energy firm Naftogaz to a pre-payment system […]

Ukraine has agreed to end subsidised energy prices for homeowners in exchange for aid from the International Monetary Fund (IMF). The IMF has been in talks with Ukraine’s government for nearly a month on rescuing its economy. The energy sector reforms will take place alongside other banking measures to get an international loan of $27 […]