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Ukraine takes big step to brighter energy future As a nation with Europe’s fourth-largest shale gas reserves, Ukraine has taken a step closer toward achieving energy independence from Russia following news reports that two Western companies were chosen to explore vast fields for unconventional natural gas resources.
May 10 at 23:35 | Kyiv Post
Vanco Overseas renamed PanAtlantic Energy Shareholders in Vanco Overseas Energy Group have renamed the company PanAtlantic Energy Group, the company's press service has reported.
May 10 at 13:46 | Interfax-Ukraine
Bloomberg: Ukraine heat may damage spring-grains crop Ukraine’s high temperatures and lack of soil moisture may damage spring grains, according to the national weather center.

“Drought is observed in the Kherson, Zaporizhzhya, Odessa, Mykolayiv regions in the south and in the Crimean peninsula,” Tetiana Adamenko, head of the agro-meteorology department at the center, said today in a phone interview from Kyiv, the capital. “Rains will probably be sporadic.”

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May 8 at 08:53
Bloomberg: Richest Ukrainian makes $3 billion on state asset sales Rinat Akhmetov, Ukraine’s richest man, added $3 billion to his net worth in the past six months by buying state-owned energy assets sold by his hometown political ally, President Viktor Yanukovych.

As the sole bidder in two of five government auctions held since November, Akhmetov’s DTEK Holdings BV paid about $600 million to acquire state stakes in some of the country’s leading power generators and distributors that gave him control of about 70 percent of the country’s thermal power output.

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May 3 at 13:12
Fozzy Group expands Silpo chain to 229 stores The Kyiv-based Fozzy Group has opened Silpo supermarkets in Dnipropetrovsk, Lviv and Lozova (Kharkiv region), bringing their total number to 229 trade outlets, reads a press release of the group.
May 2 at 19:06 | Interfax-Ukraine
DTEK boosts earnings by 23.3% in 2011 DTEK, Ukraine's biggest privately owned energy holding, boosted net consolidated profit according to international financial reporting standards (IFRS) by 23.3% in 2011 to Hr 3.522 billion, the company has said.
May 2 at 18:42 | Interfax-Ukraine
Russia to allow one more Ukrainian enterprise to supply cheese MOSCOW - Rospotrebnadzor plans to allow the Ukrainian enterprise Dubnomoloko, which has been inspected by Russian experts, to supply cheese to Russia. Dubnomoloko will be the fourth Ukrainian enterprise to be allowed to supply cheese to Russia.
May 2 at 13:49 | Interfax-Ukraine