KIEV, Nov. 12 - Ukraine's State Geology and Mineral Resources Service is to put up for sale at an auction on December 11 subsoil use licenses for six oil and gas sections in Sumy, Poltava and Luhansk regions.

KIEV, Nov. 12 - Smart Maritime Group, a shipbuilding subholding formed by Smart-holding, is intending to increase the loading of Chornomorsky Ship Building Yard (Mykolaiv) through orders for the modernization of the Russian Black Sea Fleet, as well as orders from other countries, in particular China.

KIEV, Nov. 13 – Stockholders in IDS Borjomi International plan to challenge the activity of the State Tax Service of Ukraine in courts of the European Union, the United States and the United Kingdom in case “attacks” against the group's enterprises in Ukraine go on, said IDS Group Ukraine Director General Marko Tkachuk.

KIEV, Nov. 13 – The International Monetary Fund still recommends that Ukraine switch to a floating exchange rate for the hryvnia so that the country's economy can withstand external shocks, IMF Resident Representative in Ukraine Max Alier said at the 7th annual Ukrainian Banking Forum organized by Adam Smith Institute in Kiev on Tuesday.

KIEV, Nov. 10 – The zero inflation in October, the first registered in the whole history of the hryvnia, with the retention of a high pace of economic growth confirmed the propriety of the interest rate policy conducted by the National Bank of Ukraine, according to Valeriy Lytvytsky, the head of a group of advisors to the NBU governor.

KIEV, Nov. 10 – The initial price of a state-owned 25% stake Dniproenergo at its privatization tender has been set at UAH 1.174 billion, while a 40.061% stake in Donetskoblenergo has been set at UAH 449.5 million.

KIEV, Nov. 10 - Ukrainian oil refineries are working at only 34% capacity, while the world figure is 81.5%, TNK-BP Commerce (Kiev) Vice President for Sales, Trading and Logistics Olena Alekseyeva said at the third international Petroleum Ukraine conference in Kiev on Thursday.

KIEV, Nov. 10 – Inflation in Ukraine in 2011 will be considerably lower than the forecast given by the government, according to a statement by NBU Governor Serhiy Arbuzov.

KIEV, Nov. 11 - There was 2.011 million tons of oil extracted in Ukraine in January-October, a 5.9% or 125,600 ton year-on-year decrease, a source at the country's Energy and Coal Industry Ministry told Interfax.

KIEV, Nov. 11 - Ukraine increased its electricity exports 1.6-fold year-on-year in January-October 2011 to 4.962 billion kilowatt hours, a source in the Energy and Coal Industry Ministry source said.

Electricity exports from the Burshtyn Energy Island to Hungary, Slovakia and Romania surged 3.1-fold to 2.444 billion kWh. Exports to Eastern European countries skyrocketed this year because hardly any was exported to these countries in March-September 2010.