News

Wednesday, 25 Oct 2017
Oil & Gas Association Joined the Coalition “For Shadow Economy Elimination”

The largest industry association of Ukraine has joined the ranks of business associations and public organizations having decided to cooperate in the field of implementation of the reforms necessary for the country by improving tax legislation, ensuring transparency and openness of the State Fiscal Service agencies, liberalizing the cash register market, and reducing corruption and opportunities for the shadow economy development.

Friday, 20 Oct 2017
On the Way to Creating an Oil and Oil Products Reserve

On October 19, the proposals of the Working Group of the State Reserve Agency on the creation of strategic reserves of crude oil and oil products were publicly discussed. Ukraine has undertaken to implement this task within the 2009 Directive of the European Parliament.

Wednesday, 18 Oct 2017
President of the Ukrainian Oil & Gas Association: SOCAR Gains Ground in the Ukrainian Market

In his exclusive interview with the Ukrainian bureau Report, Dmitry Kulik, the president of Ukrainian Oil & Gas Association, said that despite the difficult investment and business climate in Ukraine, the State Oil Company of Azerbaijan (SOCAR) continues to strengthen its presence in the Ukrainian oil and gas market.

Wednesday, 11 Oct 2017
Raising Tariffs for Railroad Cargo Transportation May Lead to Another Inflation Upsurge.

Ukrainian Oil & Gas Association does not support the increase in rail cargo transportation tariffs, initiated by the Ministry of Infrastructure.

Friday, 6 Oct 2017
Ukrainian Oil & Gas Association’s Position Regarding the OKKO Petrol Station Incident.

Ukrainian Oil & Gas Association would like to voice its views on the events of October 4, when “activists” and locals destroyed the OKKO filling station being built on the Revutskogo Str. in Kyiv. In total, 14 people were injured on both sides and facility owners’ property was damaged.

Thursday, 5 Oct 2017
Ukrainian Oil & Gas Association Keeps Pushing for Lower Merchant Acquiring Rates.

On October 5, representatives of various industry associations met with Sergei Kiral, People’s Deputy of the Verkhovna Rada and one of the authors of Draft Law No. 6573 (On payment systems and remittances in Ukraine as pertains to remuneration during acquiring), and reduction of the bank commission for retail card transactions was suggested.