energy
Business and government in Ukraine are publicly slamming one another over a proposed tax hike Kyiv says is necessary to fund its fight against Russia. Earlier on July 18, the Finance Ministry announced that the government had approved draft changes to the 2024 budget law that included an increase in defense spending by Hr 500 billion ($12 billion). The government wants to partly fund its plans with an increase in taxes and other duties, including war taxes on individuals and businesses as well as additional levies on imports and higher excise duties. The plan is to raise around $3.3 billion fr...
Kyiv Independent (UK)
Business and government in Ukraine are publicly slamming one another over a proposed tax hike Kyiv says is necessary to fund its fight against Russia. Earlier on July 18, the Finance Ministry announced that the government had approved draft changes to the 2024 budget law that included an increase in defense spending by Hr 500 billion ($12 billion). The government wants to partly fund its plans with an increase in taxes and other duties, including war taxes on individuals and businesses as well as additional levies on imports and higher excise duties. The plan is to raise around $3.3 billion fr...
Kyiv Independent
Business and government in Ukraine are publicly slamming one another over a proposed tax hike Kyiv says is necessary to fund its fight against Russia. Earlier on July 18, the Finance Ministry announced that the government had approved draft changes to the 2024 budget law that included an increase in defense spending by Hr 500 billion ($12 billion). The government wants to partly fund its plans with an increase in taxes and other duties, including war taxes on individuals and businesses as well as additional levies on imports and higher excise duties. The plan is to raise around $3.3 billion fr...
Kyiv Independent (CA)
WTI crude futures rose 3.5% on Wednesday, reaching $76.8 a barrel, as geopolitical tensions in the Middle East escalated. Concerns about probable supply interruptions have seized the market, and recent developments have heightened uncertainty. Geopolitical unrest unfolds: The impact on oil pricesThe killing of Hamas leader Ismail Haniyeh in Tehran, combined with Israel’s reported bombing on Hezbollah’s senior commander in Beirut, has heightened regional tensions. Iran’s promise of retaliation against Israel, combined with ongoing wars, has stoked concerns about supply interruptions, driving up...
Invezz
The Austrian oil, gas and chemicals group OMV said it wants to invest in the expansion of solar and wind power in south-east Europe. Countries such as Romania, Serbia, Bulgaria and Hungary have great potential for these renewable energies, OMV chief executive Alfred Stern said on Wednesday. The Romanian subsidiary OMV Petrom already has a strong position on the electricity market in Romania. The development of the Neptun Deep gas field in the Black Sea by OMV Petrom is proceeding according to plan, said Stern. Romania is expected to become the largest natural gas producer in the EU in 2027. In...
DPA Breaking News
Brent futures exceeded the $80 per barrel mark on Wednesday as Iran’s allegations regarding the assassination of Hamas political leader Ismail Haniyeh heightened tensions in the Middle East. Brent futures reach $80.32 per barrelThe ICE Brent contract for September delivery traded at $80.32 per barrel at 09:45 a.m. London time, marking a 2.15% increase from Tuesday’s closing price. Similarly, front-month September NYMEX WTI futures were at $76.55 per barrel, up by 2.44% from the previous day’s settlement. Conflict escalation impacts oil market dynamicsOil prices have climbed amid intensified ho...
Invezz
BP has reported an underlying replacement cost (RC) profit of $2.8 billion (€2.6 bn) for the second quarter, beating forecasts of $2.6bn (€2.4bn), thanks to high oil and gas prices that offset significantly reduced refining margins. The profit represented a 4% sequential increase from $2.7bn (€2.5bn) in the March quarter. The British oil giant raised its dividend by 10% to 8 US cents (€0.07) per share from 7.27 US cents, and extended the previously announced $3.5 billion (€3.2bn) share buyback programme. This brings the total investor returns to $7bn (€6.4bn) for 2024. BP shares initially rose...
Euronews (English)
Editor’s Note: This is issue 142 of Ukrainian State-Owned Enterprises Weekly, covering events from July 21-27, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkraine increases natural gas reserves in underground storage to 10 billion cubic meters, Naftogaz Group reported on July 22. Over 2.5 billion cubic meters have been pumped into storage since the beginning of the season. This pace “allows us to optimistically forecast the achievement of the plan, namely 13.2 billion cubic meters by Nov. 1,” Naftogaz Group’s CEO Oleksiy Chernyshov said. As we wrote in Issue 126, o...
Kyiv Independent (CA)
Editor’s Note: This is issue 142 of Ukrainian State-Owned Enterprises Weekly, covering events from July 21-27, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkraine increases natural gas reserves in underground storage to 10 billion cubic meters, Naftogaz Group reported on July 22. Over 2.5 billion cubic meters have been pumped into storage since the beginning of the season. This pace “allows us to optimistically forecast the achievement of the plan, namely 13.2 billion cubic meters by Nov. 1,” Naftogaz Group’s CEO Oleksiy Chernyshov said. As we wrote in Issue 126, o...
Kyiv Independent (UK)
Editor’s Note: This is issue 142 of Ukrainian State-Owned Enterprises Weekly, covering events from July 21-27, 2024. The Kyiv Independent is reposting it with permission. Energy sectorUkraine increases natural gas reserves in underground storage to 10 billion cubic meters, Naftogaz Group reported on July 22. Over 2.5 billion cubic meters have been pumped into storage since the beginning of the season. This pace “allows us to optimistically forecast the achievement of the plan, namely 13.2 billion cubic meters by Nov. 1,” Naftogaz Group’s CEO Oleksiy Chernyshov said. As we wrote in Issue 126, o...
Kyiv Independent
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら