KIEV, Jan. 25 – The inflationary expectations of the heads of Ukrainian enterprises have been low for the third quarter in a row, according to the National Bank of Ukraine.

DAVOS, Jan. 28 - Russian oil company Lukoil is holding negotiations with the Ukrainian government to remove technical obstacles preventing the start of its Odessa oil refinery, Lukoil President Vagit Alekperov told Interfax-Ukraine on the sidelines of the World Economic Forum in Davos.

KIEV, Jan. 28 - Standard & Poor's Ratings Services has lowered its long-term issuer credit and Ukraine national scale ratings on the Ukrainian city of Lviv to 'SD' (selective default) following the city's default on a coupon payment.

KIEV, Jan. 28 - Ukraine’s largest oil company, UkrNafta, said Thursday it will channel 800 million hryvnias, or $100 million, in dividends to Naftogaz Ukrayiny by February 5, the deadline by which Naftogaz must pay its monthly Russian natural gas bill.

KIEV, Jan. 27 – At present some 20 billion cubic meters of natural gas is stored in Ukrainian underground storage facilities, which is 15% down compared to late December 2009, when some 23.5 billion cubic meters of gas was stored, Bohdan Sokolovsky, a presidential envoy for international energy security, said at a press conference on Tuesday.

KIEV, Jan. 27 - Ukraine plans to borrow on the foreign market in April-May and has already begun talks on the matter, acting Finance Minister Ihor Umansky said.

"Perhaps we will manage to do it in the first quarter. But in April-May we definitely can and will get to foreign markets," he said. "We already have proposals from a host of investment banks and funds," he told journalists in Kiev on Wednesday.

LVIV, Jan. 28 - Lviv Bus Plant, part of the LAZ Holding, on Jan. 26 resumed operations.

Its director general, Serhiy Chelyapin, said at a press conference on Tuesday that due to the difficult situation at the plant, its leadership decided to reorganize its work.

KIEV, Jan. 28 – Britain's Regal Petroleum Plc has started drilling at the Mekhedivska-Holotovschynska field, using two new deep drilling machines.

According to the company, a LEWCO 2000HP drilling machine now in use has a capacity of 2,000 liters and a carrying capacity of 500 tons, which allows the drilling of vertical wells up to 8,000 meters deep, as well as horizontal downgrade drilling.

KIEV, Jan. 25 - The Nuclear Fuel of Ukraine State Concern will be created in tandem with the liquidation of Ukratomprom Concern, according to Deputy Fuel and Energy Minister Yuriy Nedashkovsky.

KIEV, Jan. 25 - Zaporizhia Car Building Plant (ZAZ), one of the leading car producers in Ukraine, in the coming three years plans to create production facilities to produce 100,000-120,000 cars at a new plant outside Zaporizhia, UkrAvto Corporation Deputy Chairman Oleh Papashev said.