KIEV, Oct. 4 - Britain's Cadogan Petroleum Plc and Ukraine's Nadra Ukrayiny have completed an agreement to sell 50.01% of the joint venture LLC Westgasinvest, located in the Ivano-Frankivsk region, to Italy's Eni S.p.A.

KIEV, Oct. 5 – The European Bank for Reconstruction and Development is to provide a loan to Rengy Development to build and launch solar power facilities in Vinnytsia region.

KIEV, Oct. 4 - Ukrainian pipe maker Interpipe will launch production from a $700 million steel mill by November that will fully meet its own steel needs and may even produce a surplus that the company will sell, Interpipe said on Thursday.

KIEV, Oct. 4 – Ukraine’s biggest power and coal mining company DTEK launched in operation Botievo Wind Power Plant with a total capacity of 57 MW, the company said in a statement Thursday.

KIEV, Oct. 5 – Kiev is intending to attract a loan of UAH 500 million to compensate Kyivenergo for the difference in the amount it pays for energy and the amount it charges in tariffs, deputy head of Kiev city state administration Oleksandr Mazurchak told journalists on Tuesday.

KIEV, Oct. 6 – A representative of the Ukrainian cabinet, at a hearing in Kiev Economic Court of a claim by the Prosecutor General's Office (PGO), which appealed for the cancellation of an agreement of the State Property Fund and ArcelorMittal on the revision of investment liabilities during the purchase of Kryvorizhstal, did not support the position of the Prosecutor General's Office, a representative of ArcelorMittal from Baker & McKenzie law firm, Svitlana Romanova, said.

KIEV, Oct. 7 – OJSC ArcelorMittal Kryviy Rih (earlier Kryvorizhstal, Dnipropetrovsk region) and its investor ArcelorMittal have been suffering from pressure from the central authorities, Oleh Rybachuk, an independent member of the ArcelorMittal Kryviy Rih board and former deputy prime minister, told Interfax-Ukraine.

KIEV/MOSCOW, Oct. 5 – The UAH 400 million deposit for bidding in a canceled tender for the sale of the Odessa port-side chemical plant has been returned only to one of the three bidders – Russian-based Azot-Service Ltd., which is a subsidiary of OAO SIBUR Holding.

KIEV, Oct. 5 – The additional deficit of the general fund of the national budget for 2009 may be UAH 35-40 billion because of a shortfall in budget revenues, says the Ukrainian presidential secretariat.

KIEV, Oct. 6 -- Moody's Investors Service has changed the probability of default rating (PDR) of NJSC Naftogaz of Ukraine to Ca/LD from Ca.

As Moody's said in a statement, the rating action reflects the actual default by Naftogaz on repayment of its $500 million Loan Participation Notes due Sept. 30 2009.