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Shell to drill first wells in $10 billion Ukrainian project

The country could hold as much as 42 trillion cubic feet (1.2 trillion cubic meters) of shale gas, the third largest reserve in Europe, according to the U.S. Energy Information Administration estimate...

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Ukraine, Moscow clinch deal on Russian natural gas supply

Moscow and Kiev on Thursday clinched a multi-billion dollar deal that will guarantee that Russian gas exports flow into Ukraine and beyond to the European Union throughout the winter despite their...

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Cash-strapped Ukraine struggles to keep Russia gas supplies

With Ukraine's economy on the brink of collapse and money from a 15.5 billion-euro ($17.5 billion) bailout deal from the International Monetary Fund that has not yet reached Ukrainian coffers, it is...

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