KIEV, Feb. 27 – Ukrgazvydobuvannia says it is surprised and alarmed by the refusal of Kharkiv Regional Council to approve development of some gas fields in the region.

KIEV, Feb. 27 – The National Bank of Ukraine has permitted individuals to place currency income received abroad on accounts in foreign banks without a personal license of the Ukrainian central bank.

KIEV, Feb. 26 – Japan's Rating and Investment Information, Inc. (R&I) has downgraded Ukraine's foreign currency issuer rating from 'B+' to 'B-,' the agency reported.

The agency placed on the rating monitor with view to downgrading.

KIEV, Feb. 27 – Ukraine on Monday held the first stage of a tender to appraise the country's natural gas transportation system that moves bulk of Russian gas to markets in Europe, Naftogaz announced Monday.

KIEV, Feb. 24 – The adoption by Parliament of laws on the creation of a public joint-stock company for public railway transport is an important step in reforming the railway industry, the European Bank for Reconstruction and Development said.

MOSCOW, Feb. 24 - Russian consumer rights watchdog Rospotrebnadzor said the list of Ukrainian companies whose cheese will not be allowed into Russia could be expanded.

"By all accounts, the list of cheese suppliers to the Russian market will be expanded," Rospotrebnadzor chief Gennady Onishchenko told Interfax on Friday.

KIEV, Feb. 24 – Nadra Ukrayiny and Lukoil Overseas (operator of Lukoil's international upstream projects) have signed a memorandum of cooperation, the state-owned Ukrainian company announced.

KIEV, Feb. 27 – Ukrtransnafta, a monopolist in oil transportation in Ukraine, has selected Eximnaftoproduct to handle fuel oil in 2012, reads a company report on the state procurement Web site.

KIEV, Feb. 27 - The forecast price of electricity on the wholesale electricity market of Ukraine will grow by 4% on March 1, from UAH 645.13 to UAH 670.94 per megawatt hour (value added tax not included), the National Commission for Energy Regulation announced.

KIEV, Feb. 25 – Serhiy Arbuzov, the governor of the National Bank of Ukraine, in his first interview after the appointment two months ago, suggested he earned 150 million hrynias in 2009 from investing in Treasury bills and “other instruments.”