Crude oil prices in Ukraine fall by almost 40% in March The price is used to calculate royalties for the use of subsoil for crude oil and natural gas production.
16:13, 07 April 2020
Ukraine's Cabinet eases procedure for subsoil use to attract investors The government's goal is to create more transparent conditions and reduce the administrative burden on investors.
12:20, 20 February 2020
Ukraine responds to Russia "annulling" Ukrainian subsoil licenses in occupied Crimea The ecology minister says that for each such step, the Russian Federation should be held responsible.
19:15, 15 August 2018
Russia takes away Ukraine's subsoil licenses in annexed Crimea The new law establishes the same rules for licensing in the Russian-occupied Crimea as in the rest of Russia.
10:51, 14 August 2018
Ukraine introduces electronic auctions for subsoil use The relevant resolution was adopted at a government meeting on Thursday, July 26.
10:00, 27 July 2018
Ukrgazvydobuvannya opens another gas field in Ukraine's Kharkiv region The company plans to produce 16-16.5 bcm of gas in 2018.
16:31, 08 June 2018
Land prices in Ukraine may triple – World Bank The World Bank is ready to provide more financial assistance to Ukraine in this connection.
19:50, 08 May 2018
Poroshenko says 5% of royalties for subsoil use to be sent to local budgets in 2018 <p>Ukrainian President Petro Poroshenko says the draft national budget for 2018 provides for the further growth of local budget revenue, with 5% of royalties for the use of subsoil to be sent to the local budgets.</p>
12:57, 05 December 2017