Weekly news digest March 03 -09, 2014

The events in Ukraine are forming the top news of mass media in the whole world now. The formation of a new government of Ukraine led to the wave of changes in the management of the state companies. It also affected the state companies that are subordinated by the Ministry of Energy and Coal Mining. The new assignments in them raise a number of questions.
The most troubled situation still remains in Chernomorneftegaz. The self-proclaimed government of Crimea decided to nationalize the state companies in the region, in particular, SJSC Chernomorneftegaz. From bad to worse, the attempt of Crimea to “merge” with Russia with the help of the latter can lead to the further escalation of the situation.

Ukrainian companies
The Cabinet of Ministers confirmed its intention to change the management of Naftogaz
Valeriy Yasuk is chosen as the Chairman of Ukrtransgaz
Semerak: the possible complicity of Yasuk for acquiring the rigs will be examined by the law enforcement Sergey Kostuk is a new Director of Ukrgazdobicha
Chernomorneftegaz is operating in a normal mode
Chernomorneftegaz is planning to drill 11 wells in 2014
Foreign companies
The Heads of the Ministry of Energy and Coal Industry and Shell Ukraine have discussed the execution of the PSA
Why Exxon Mobil has put on hold the operations in Ukraine
The wholesale petroleum products market is practically paralyzed — the expert
Polotics and world
Crimea is going to nationalize Ukrainian state property Slovakia agreed to the reverse supply of gas to Ukraine
Russia refused to participate in oil and gas conference... because of Ukraine
The Cabinet of Ministers is considering the privatization of Naftogaz of Ukraine
The criminal proceeding against Naftogaz and GazUkraine was opened
The Minister of Ecology has met with the President of American Chamber of Commerce in Ukraine