Exxon wins US suit over $2m Ukraine-sanctions fine


Exxon Mobil Corp. won a lawsuit challenging a $2 million fine levied against it by U.S. Treasury Secretary Steven Mnuchin after the company allegedly violated Ukraine-related sanctions with a series oil and gas deals in Russia.


Resuming electricity imports from Russia: A very risky business for Ukraine


Energy is particularly important to Ukraine. It is not simply a matter of ensuring consumers and businesses have the energy they need, at the right price. Or that the country is fulfilling its international obligations in transitioning towards a more sustainable, renewables based, energy system. Energy is also absolutely fundamental to our national security and the nature of our relationships with our neighbours.


JKX confirms police raid on Ukranian subsidiary


JKX Oil & Gas has confirmed Ukrainian police visited its Ukrainian subsidiary, Poltava Petroleum Company and the homes of two of its senior employees, without notice, searching for documents in relation to the investigation of claims of alleged underpaid taxes which have been made by a local prosecutor.