15 January 2018Successful completion of well IG101Z workover
Poltava Petroleum Company has successfully completed the workover of well IG101Z.
28 December 2017The First Billion Cubic Meters of Gas from the Machukhske Field is Extracted
In December 2017, gas production from DTEK Oil&Gas’ Machukhske Field had reached one billion cubic meters since the start of its operation.
20 December 2017Cancellation of the repeated reassessment of reserves every 5 years should enter into force as soon as possible
Gas producers are confident that cancellation of this soviet-era rudiment is a progressive decision, and are expecting that cancellation of the norm will be implemented in practice as soon as possible.
19 December 2017Verkhovna Rada has passed the bill 3096-d in the first reading
On December 19, 2017, the Verkhovna Rada has made another step towards increasing domestic gas production and achieving the energy independence of Ukraine. 231 MP voted for the bill 3096-d, which should deregulate the gas production industry.
18 December 2017The Government has cancelled the requirement to reassess the reserves every 5 years
Today, on December 17, 2017, during the Government meeting dedicated to deregulation issues, the causeless requirement of repeated state expertise and assessment of mineral reserves every 5 years.
13 December 2017Royalty decentralization – a motivation for the locals
Royalty decentralization starting 2018 should make the locals more interested in cooperation with the gas production industry.
08 December 2017Verkhovna Rada has approved the tax initiatives for the industry
On December 7, Verkhovna Rada has made an important step to energy independence – has passed the amendments to the Tax Code of Ukraine.