KIEV, Aug. 21 – Kvazar is ready to produce photovoltaic (PV) modules with a local content of over 50%, the installation of which during the construction of solar power plants allows the sale of power under a feed-in tariff, the company said.

KIEV, Aug. 21 - Ukraine may look into re-privatization of Lisichansk Oil Refinery if its owner, Russian oil major Rosneft, continues to delay its restart, Energy and Coal Industry Minister Eduard Stavytskiy said Wednesday.

The refinery was shut down in March 2012 and is currently expected to resume operation in March 2014.

KIEV, Aug. 21 - The government may ask Parliament to approve a production sharing agreement (PSA) with Chevron after it was rejected by a local council, Energy and Coal Industry Minister Eduard Stavytskiy said Wednesday.

KIEV, Aug. 21 – Black Sea Shipyard (Mykolaiv) has finished building a hull of the fourth universal vessel with 3.8 ton deadweight of CF3850 project under order of Damen Shipyards Bergum (the Netherlands).

KIEV, Aug. 21 – The level of the shadow economy in Ukraine in the first quarter of 2012 grew by 0.4 percentage points year-over-year, but when rounding to a whole number the figure remained unchanged - 34% of gross domestic product, the Economic Development and Trade Ministry reported.

KIEV, Aug. 21 – The National Bank of Ukraine is coping perfectly coping with the task of managing prices, although in coming months the inflation pace could increase.

KIEV, Aug. 21 - Ukraine will probably announce two tenders for development of major shale gas and natural gas fields next month, Environment and Natural Resources Minister Eduard Stavytskiy said Tuesday.

The fields will include Slobozhanske shale gas deposit in eastern regions of Ukraine, and a Foroske deepwater natural gas field offshore the Black Sea, he said.

MOSCOW, Aug. 19 - Russia has no doubts about the legitimacy of the 2009 gas supply contracts it signed with Ukraine, Energy Minister Sergei Shmatko told RT television channel on Friday.

KIEV, Aug. 19 – The State Property Fund has said that signing an amicable agreement to settle the conflict over Zaporizhia aluminum mill ZALK is the best way to resolve the issue, according to SPF head Oleksandr Riabchenko.

KIEV, Aug. 20 – National JSC Naftogaz Ukrayiny will pump 16 billion cubic meters of natural gas into the underground storage facilities in 2008 to meet demand for gas in autumn and winter, Ukrainian Prime Minister Yulia Tymoshenko said.