KIEV, Oct. 29 – Ukrhydroenergo has started adding water to the upper reservoir of the Dnistrovska hydroelectric pumped storage power plant, and Ukrenergo has connected the 330 kV Dnistrovska hydroelectric pumped storage power plant-Bar substation power line.

KIEV, Oct. 29 – The rubber objects in oil that caused the temporarily failure of oil meters on the Slovak and Hungarian sections of the Druzhba pipeline could not have originated in Ukraine, Ukrtransnafta, the operator of Ukraine's oil transport system, said.

The company said that after examinations by an international commission, the rubber objects were classified as technological.

KIEV, Oct. 29 – At a meeting of holders of Ukrgasbank's A and C Series bonds worth UAH 47.5 million creditors confirmed that the terms of restructuring proposed by the bank are unacceptable.

"As a whole, not taking into account that Ukreximbank and Oschadbank are linked to the bank in shareholders' capital and that a consultant on the bank's restructuring is ING Bank, which took part in the meeting, independent investors hold over 70% of the bank's A and C Series bonds," reads a report of Concorde Capital.

KIEV, Oct. 29 - Ukraine’s Odessa-Brody oil pipeline, which moves Russian crude for export via a Black Sea oil terminal near Odessa, was shut down late Wednesday after an accident causing oil leakage, UkrTransNafta, the state oil shipper, said Thursday.

The oil pipeline was apparently ripped through near the village of Semeno-Karpivka in the Odessa region, with an oil spill covering the area of about one hectare, a company official said.

KIEV, Oct. 28 – State-run joint-stock company Chornomornaftogaz and China Precision Machinery Import-Export Corporation (CPMIEC) are interested in building at the latter's facilities a self-elevating offshore drilling rig for the Azov and Black Seas.

KIEV, Oct. 28 – Moody's Investors Service on Oct. 28 withdrew the Caa1 corporate family rating of OJSC Zaporizhstal.

The last rating action was taken on Oct. 20, 2008 when Moody's downgraded the B3 corporate family rating of OJSC Zaporizhstal to Caa1, reflecting Moody's expectation that its weak financial performance will not materially improve over the intermediate term, in particular as the market environment has become more challenging for the steel industry since the end of 2008. The outlook for the rating was left unchanged at stable.

KIEV, Oct. 29 – Ukrainian industry in early 2010 will face a jump in the price of imported gas, and metals and chemical companies will suffer most of all, as they are not ready to for the effect this will have on production profitability, according to experts polled by Interfax-Ukraine.

KIEV, Oct. 29 – The Ukrainian cabinet has created a working group of representatives of the Justice and Economy Ministries, the State Property Fund and the Interior Ministry to prevent the alienation of the property of Kryvy Rih oxidized ore mill, also known as KGOKOR, Justice Minister Mykola Onishcuk told the press on Wednesday.

KIEV, Oct. 27 – The World Bank is revising its program of cooperation with Ukraine and welcomes the agreements reached by the country with the International Monetary Fund, the World Bank said in a statement.

KIEV, Oct. 28 - Standard & Poor's Ratings Services has lowered its long-term ratings on six Ukrainian local and regional governments and affirmed those on a seventh following the sovereign downgrade.