KIEV, June 25 – The Defense Ministry has stopped financing the development of the Sapsan multi-purpose missile system, despite the fact that the program and all legal instruments to create the missile system have been approved, Director of Ukraine's Center for Army, Conversion and Disarmament Studies Valentyn Badrak told the Ukrainian weekly, Dzerkalo Tyzhnia (Mirror of the Week).

KIEV, June 25 – Top executives of German RWE Supply & Trading GmbH, which has been shipping gas for Naftogaz Ukrayiny since November 2012, have denied the reports they are in talks on giving up re-exporting of Russian gas in order to get lower prices in long-term contracts with Gazprom.

KIEV, June 25 – Kherson shipyard, part of Smart Maritime Group, has finished building a tanker of Project RST-27, which is the third vessel of the series of tankers being built under an order from the SVL Group (Malta), the shipyard has reported.

ODESSA, June 25 – Russia is interested in participating in a consortium to buy Odessa Port-Side Plant and Turboatom if the consortium were created.

LUXEMBOURG, June 25 – European Commissioner for Enlargement and European Neighborhood Policy Stefan Fule said that there is no alternative to the signing of the EU-Ukraine Association Agreement at the Vilnius summit, adding that the window of opportunity for this is limited.

KIEV, June 21 - A floating plant for importing liquefied natural gas may be delivered to Ukraine in July 2014, and imports of LNG can begin shortly afterwards, Vladyslav Kaskiv, the head of the state agency said Friday.

KIEV, June 25 - The second sea-based natural gas and oil drilling rig, purchased by state-owned ChornomorNaftoGaz last year, is expected to arrive and to start operation in the fourth quarter of 2012, ChornomorNaftoGaz reported Monday.

KIEV, June 25 - Russian oil major TNK-BP is seeking to sell its Ukrainian oil refinery and there are two unidentified investors that have expressed interest in the assets, the Luhansk government reported Monday.

KIEV, June 22 - Fitch Ratings has affirmed Metinvest B.V.'s (Metinvest) long-term foreign currency Issuer Default Rating (IDR) at 'B', its Long-term local currency IDR at 'B+', and national long-term rating at 'AA+(ukr)'.

KIEV, June 22 – Ukrainian Energy and Coal Industry Minister Yuriy Boyko and Turkish Energy and Natural Resources Minister Taner Yildiz have discussed the possibility of exporting Ukrainian electric power.