Weekly News Digest October 20-26, 2014

We are bringing to your attention the 42d issue of digest dedicated to the up-to-date energy issues. The main market news are connected with the problems of gas supply to Ukrainian consumers.Ukraine and Russia together with the EU an the intermediary did not manage to reach the compromise in gas negotiations. That is why gas supply to Ukrainian consumers during the heating season remains questionable.
Ukrainian companies
Karpatygaz agreed to sell its gas from UGS – the company’s shareholder
Ukrgazdobycha is going to inspect its employees
Ukrgazdobycha increased gas production for 9 months
The consumers of Naftogaz reduced the debt to the company by 11.7% for the week
Foreign companies
Rosneft is ready to keep on operations in the Arctic in 2015 with ExxonMobil nonparticipating
Britain expects the discovery of a large oil field
LUKOIL declares the possibility of oil production collapse in Russia
An explosion happened at the offshore platform of SOCAR
Igor Prokopiv is appointed the President of Ukrtransgaz
The Cabinet of Ministers approved plan to reduce gas consumption by 2017
Wind energy is recognized as the cheapest, — Ecofys
Ukraine started to use gas reserves from UGS
Horses change at gas crossing
Politics and world
Kremlin’s hybrid war against Ukraine and the EU: the energy component
China increases oil production tax
Coal shortage will lead to a large-scale electricity outages in Ukraine – the expert
Gas prices fell to an annual minimum