KIEV, May 27 - Ukraine will need funding of more than $1 billion to form stabilization reserves of oil and fuel as provided in the framework of implementing the 2009 European directive, representative of the Energy Community Secretariat Adrian Jasimi said.

KIEV, May 27 – The creation of a state holding company and the transfer of state-run strategic enterprises from ministries is included in the list of top priorities of the new government for 2016.

KIEV, May 27 – Naftogaz Ukrayiny on Friday invited companies to participate in natural gas procurement procedures. Gas will be bought in the period from June 20, 2016 through January 20, 2017 using a loan from the European Bank for Reconstruction and Development.

KIEV, May 30 – Ukrhydroenergo increased electricity production by 18.6% in January-April 2016 compared to the same period in 2015, to 3.115 billion kilowatt-hours (kWh), the company reported.

KIEV, May 30 - Real wages in Ukraine in April 2016 increased by 7.6% year-on-year while falling 3.9% from March 2016, the State Statistics Service reported.

KIEV, May 30 – The interagency commission for international trade has ordered Ukraine's Economic Development and Trade Ministry to conduct an anti-dumping investigation into imports of some types of chocolate and other finished food containing cacao in the period of 2012-2014 made by Russia.

KIEV, May 28 - Vanco Prykerchenska Ltd. (the British Virgin Islands) has asked Pechersky District Court in Kiev to recognize the final decision of the Arbitration Institute of the Stockholm Chamber of Commerce (Sweden), which on December 28, 2012 approved an amicable production sharing agreement (PSA) on Prykerchensky deposit of the Black Sea shelf between the company and Ukraine.

KIEV, May 29 – The Ukrainian government has resumed the operation of the interagency commission for the protection of the rights of investors and preventing illegal seizures of companies, and upgraded its status, First Deputy Prime Minister Serhiy Arbuzov, who heads the commission, has reported.

KIEV, May 29 – The State Nuclear Regulatory Inspectorate and EnergoAtom met at Zaporizhia nuclear power plant to discuss extending the life of reactor one and reactor two of the plant.

KIEV, May 30 – The State Property Fund, at a trading session on Kiev's Innex stock exchange on Wednesday, has sold state-owned stakes in five concentrating mills worth UAH 11.968 million.