KIEV, June 6 ??“ UkrTatNafta, Ukraine's largest oil refinery, may postpone its $700 million modernization project indefinitely as the company has not been able to compete with cheap gasoline imports, a major shareholder said.

KYIV, May 6 – The National Bank of Ukraine (NBU) announces the implementation of the largest package of easing foreign exchange restrictions for enterprises since the beginning of a full-scale war in order to improve the conditions for doing business in Ukraine and the entry of domestic businesses into new markets, as well as supporting economic recovery and facilitating the influx of new investments to country.

KYIV, May 3 – Ukrainian Minister of Energy Herman Haluschenko considers the possibility of opening coal exports due to the complete shutdown of PJSC Centrenergo, the main client of state-owned coal mining enterprises, because of the destruction and occupation of its thermal power plants.

KYIV, May 6 – The World Bank's Board of Executive Directors approved on Thursday a $200 million project to support the Ukrainian government's efforts to strengthen efficiency, quality, and transparency of the country’s higher education system.

KYIV, May 5 – More than half of Ukrainian and international representatives of various business sectors surveyed consider the possibility of a full or partial transition to a remote work format, while 35% would like to reduce the size of their office space, according to a survey conducted by CBRE Ukraine, the consulting company.

KYIV, May 5 – The Cabinet of Ministers has approved EP Ukraine B.V. (the Netherlands, a subsidiary of Czech EPH Group) as the winner of tenders to sign a production sharing agreement (PSA) on the Hrunivske and Okhtyrske gas fields and York Energy (UK) Holdings Limited (the U.K., a subsidiary of U.S. Alpha Energy) as the winner of the tender to sign the PSA for the Ichnianske field.

KYIV, May 6 – The National Commission for Energy, Housing and Utilities Services Regulation (NCER) suggested to temporarily ban building new renewable energy facilities until the issue with the development of green power generation is settled.

KYIV, May 6 – President Volodymyr Zelenskiy asked the European Bank for Reconstruction and Development to support Ukraine’s small and medium-size businesses that were hit hard by the coronavirus pandemic, the presidential office reported.

KYIV, May 6 – The cost of making a Ukrainian borscht, a traditional beet soup, will drop sharply next year due to expected overproduction of vegetables, EastFruit news and analytical service, reported.

KIEV, May 6 – Ukraine said Monday it was ready to resume shipments of Russian crude oil to markets in the European Union after a major international effort to remove contaminated supplies from the system has succeeded.