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Zelensky comments on Naftogaz CEO Kobolyev's dismissal

On April 28, the Cabinet terminated the powers of members of the supervisory board, as well as the board chairman, Andriy Kobolyev.

21:00, 07.06.2021

Zelensky explains reason for Kobolyev's dismissal from Naftogaz

Naftogaz fell short of UAH 11 billion (US$401.1 million) in revenues targeted for the state budget.

16:05, 20.05.2021

PM Shmyhal: Kobolyev's dismissal doesn't affect talks with Ukraine's creditors

The prime minister assures the government has no intention to break a single principle of corporate reform.

14:25, 11.05.2021

Naftogaz: All Supervisory Board members file for resignation

The move follows the recent dismissal of CEO Andriy Kobolyev by government.

00:10, 01.05.2021

Naftogaz's ex-head to challenge his dismissal

Kobolyev assured he would remain in Ukraine.

16:55, 29.04.2021

U.S. State Department comments on reshuffle in Naftogaz

The U.S. authorities say trust in Ukraine depends on appointments in its energy sector.

13:35, 29.04.2021

Naftogaz reacts to Cabinet's move to dismiss CEO Kobolyev

The government decision is a "legal manipulation", the oil and gas giant stresses.

21:00, 28.04.2021

Cabinet sacks Naftogaz chief Kobolyev

The new chief is Yuriy Vitrenko, a former Naftogaz senior manager who until now held the post of acting energy minister.

18:45, 28.04.2021

Nord Stream 2 most likely not to be completed due to sanctions – Naftogaz CEO

Kobolyev noted that the companies participating in the project are massively withdrawing and halting any funding.

19:30, 04.03.2021

Ukraine to face new threat if Nord Stream 2 launches – Naftogaz CEO

Everything must be done to prevent increasing Russian aggression, Kobolyev believes.

21:00, 01.03.2021

Naftogaz plans to go for IPO

Besides supplying natural gas, the company also mulls electricity and heat supplies, as well as energy efficiency services.

22:15, 19.02.2021

Ukraine to receive about US$2 bln from Russian gas transit – Naftogaz CEO

Gazprom is obliged to pay a fixed amount based on the "pump or pay" principle under the new gas transit deal.

14:25, 16.09.2020

Highlights of new Derkach tapes: Influencing Yatsenyuk, Groysman, Avakov; safeguarding Kobolyev (Video)

Ukrainian lawmaker Andriy Derkach on June 22, 2020, released a new portion of records of conversations allegedly featuring Petro Poroshenko and Joe Biden.

11:00, 23.06.2020

Ukrainian gas stocks may hit record by new heating season – Naftogaz CEO

The company is actively working to increase the volume of gas storage by foreign companies in Ukrainian USFs.

10:35, 19.06.2020

Ukraine may earn up to US$3 mln per month on fuel storage – Naftogaz CEO

However, certain norms are still to be introduced into the country's legislation to this end.

14:20, 27.04.2020

Naftogaz announces 15% decline in gas prices for households in April

In total, the price of gas for households has plummeted by 38% since January 2020.

12:20, 23.04.2020

Naftogaz CEO's salary more than halved under Cabinet resolution

Bonuses were also canceled.

11:45, 23.03.2020

Naftogaz Supervisory Board extends contract with Kobolyev

Ukraine's Cabinet appointed Kobolyev the Naftogaz Chairman of Board in March 2014.

11:40, 17.03.2020

Ukraine in talks with U.S. on how to ultimately "bury" Russia's Nord Stream 2 – Naftogaz CEO

Russians will try to create their own technical capacities to finish the pipeline, Kobolyev says.

12:20, 04.03.2020

Ukraine's economy minister invites government to announce competition for new Naftogaz head

The contract with Kobolyev expires in March 2020.

16:20, 19.02.2020

Kobolyev's contract with Naftogaz expires in March 2020, extension depends on Supervisory Board

At the same time, the CEO did not comment on his possible appointment to the prime minister's post.

14:40, 23.01.2020

Kobolyev: Ukraine's Naftogaz to transmit 75 bcm of Russian gas to Europe in 2020

Ukraine and Russia on Monday, December 30, signed a five-year contract for gas transit to Europe, which will bring Ukraine at least $7 billion.

20:02, 31.12.2019

Naftogaz CEO Kobolyev comments on new gas transit deal with Russia

According to Kobolyev, these were the first negotiations with Gazprom and the Russian Federation, in which the Ukrainian side really had a very strong position.

17:18, 31.12.2019

Naftogaz transfers UAH 13 bln to budget ahead of schedule

The company made the move immediately after the Cabinet decided on early payment of dividends for 2019.

10:40, 27.12.2019

Naftogaz CEO Kobolyev comments on gas talks with Russia

"Victorious" reports claiming the agreement has been reached between the countries come primarily from the Russian side amid fears of new U.S. sanctions.

18:00, 20.12.2019

Naftogaz chief sees little chance of inking new gas deal with Russia

The likelihood of signing a new transit contract remains, albeit tiny.

22:40, 18.12.2019

CNN: U.S. prosecutors turn to possible bribery charges in investigation over Ukrainian natural gas company

New York federal prosecutors have already interviewed two senior executives at Naftogaz.

14:00, 13.12.2019

Naftogaz chief speaks of three gas transit scenarios

A negative option is where, despite commercial feasibility and market logic, Gazprom won't sign the contract.

23:25, 05.12.2019

WSJ: Ukrainian energy official details how Giuliani associates tried to recruit him

The move apparently aimed to oust a U.S. ambassador and a Naftogaz CEO.

10:40, 25.11.2019

Naftogaz receives official offer from Gazprom for gas transit from January 2020

The company will provide a constructive response once its has studied the offer, Vitrenko says.

20:30, 18.11.2019

U.S. Democrats eyeing Ukraine oligarch in probe of Giuliani associates' campaign contributions

Firtash is a Ukrainian citizen whom the Justice Department has tied to the Russian mafia, a relationship he has denied, the publication notes.

22:30, 24.10.2019

Ukraine fulfills plan for winter gas reserves – Naftogaz CEO

The existing gas transit contract between Ukraine and Russia's Gazprom was signed in 2009 for a period of 10 years.

12:20, 25.09.2019

Ukrainian gas stocks grow to 18 bcm – Naftogaz CEO

It remains to add another 2 billion cubic meters before the start of the heating season.

16:55, 29.08.2019

Servant of the People names contenders for prime minister's office

Meanwhile, leader of the Servant of the People Party Dmytro Razumkov remains a "non-alternative" candidate for the post of parliament speaker.

12:40, 07.08.2019

Ukraine pumps 23% more gas in July 2019 y-o-y – Naftogaz

Last month, Ukraine increased gas reserves in USFs by 2.3 billion cubic meters.

16:30, 02.08.2019

Naftogaz CEO hopes to strike deal with Moldova on use of Ukrainian GTS, USFs

Kobolyev noted that cooperation with Moldova will ensure an additional load on Ukrainian storage facilities and gas transmission systems.

19:10, 26.07.2019

EU recognizes Nord Stream 2, TurkStream as "levers of Russia's pressure": Naftogaz CEO

This is another powerful political signal emphasizing that the Kremlin’s projects are dangerous and that they need to be stopped.

19:10, 08.07.2019

Naftogaz may issue notes to get funds for pumping gas into storage facilities, pay dividends to budget

The government first needs to green-light the LPN issue.

22:20, 05.07.2019

Naftogaz CEO Kobolyev gets almost US$10 mln bonus for Stockholm arbitration win in 2018

The total amount of bonuses is 1% of the award.

22:55, 30.06.2019

U.S. Congress expanding work on sanctions against Nord Stream 2 construction: Naftogaz CEO

The bill imposing sanctions on companies involved in the project has been submitted to the House of Representatives.

18:45, 13.06.2019

Naftogaz CEO: Funds shortage may prevent accumulating required volumes of gas ahead of heating season

The company could apply payments by instalments until it starts selling gas, Kobolyev suggests.

13:20, 07.06.2019

Naftogaz to consider expediency of entering foreign borrowing market by September – CEO

This will depend on the success of the finance ministry's entering the foreign market, which is scheduled for late May – early June, Kobolyev suggests.

14:00, 16.05.2019

Naftogaz works out scenario for Russia's possible gas transit halt from 2020

The current transit contract between Ukraine and Russia's gas giant Gazprom was signed in 2009 for a period of 10 years.

12:20, 15.05.2019

Russia plotting new gas crisis for Ukraine – Naftogaz CEO

Kobolyev notes high likelihood of such a crisis, which could be branded a new "gas war."

13:20, 03.05.2019

Russia may set up another gas crisis – Naftogaz CEO

The Russian side is now trying to do everything to thwart the signing of the gas transit contract with Ukraine.

15:00, 17.04.2019

Gas talks with Gazprom could resume after presidential election – Naftogaz CEO

Kobolyev says negotiations will most likely be held in early May.

14:40, 17.04.2019

Ukraine gov't to extend contract with Naftogaz CEO Kobolyev for another year

The contract will be extended subject to the fulfillment of three basic conditions.

13:10, 20.03.2019

Ukraine mulls talks with IMF to halt gas price hike for households

The prime minister instructed Naftogaz and the Ministry of Finance to initiate the negotiations.

18:45, 18.03.2019

PM Groysman to instruct Naftogaz, Finance Ministry to negotiate gas price with IMF

Ukraine undertook to further raise gas prices for households in 2019 but Naftogaz's CEO says the increase is not necessary in view of falling prices in Europe.

12:40, 15.03.2019

Naftogaz CEO donates US$66,143 to charity

In 2018, the Naftogaz Supervisory Board decided to pay $46.3 million in bonuses to its managers following their victory in the legal battle with Russia's Gazprom.

16:40, 07.03.2019