News

Naftogaz Group and Kino Aski LNG sign memorandum on potential Canadian LNG supplies

Naftogaz Group and Kino Aski LNG have signed a Memorandum of Understanding on potential cooperation in the supply of low-carbon liquefied natural gas (LNG) from Canada to the European market.

Naftogaz Group and Microsoft deepen their AI and Big Data analytics collaboration in oil and gas

Naftogaz Group and Microsoft have signed a memorandum of understanding that opens up new opportunities for the development of IT infrastructure, artificial intelligence, cloud technologies, and sector-specific digital solutions. The partnership with Microsoft unlocks new technological capabilities to enhance operational efficiency and forecasting in the oil and gas sector.

Naftogaz Supervisory Board decides to initiate an open competition for CEO

The Supervisory Board of National Joint Stock Company “Naftogaz of Ukraine” has decided to prepare and conduct an open, competition for the position of Chief Executive Officer of the company. An open competition is an essential element of effective corporate governance, ensuring a transparent, independent, and merit-based selection process for the company’s executive leadership.

Russia launches massive attack on Naftogaz Group’s production assets

Overnight, Russia launched a massive attack on the production assets of Ukrnafta, part of Naftogaz Group.

Norway seizes Russian vessel following Naftogaz application to enforce $4.22 billion award

At the request of Naftogaz Group, Norwegian enforcement bodies have seized the Russian vessel Professor Molchanov at the port of Barentsburg in Svalbard as part of global efforts to enforce the arbitral award obtained by Naftogaz and other Group companies against the Russian Federation in connection with the unlawful expropriation of their assets in Crimea, which Russia illegally annexed in 2014.

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Naftogaz Group sells natural gas of its own production and imported gas for the needs of the population, business and the heat industry. The sale of natural gas by Naftogaz Group companies is regulated by the Law of Ukraine “On the Natural Gas Market”