PJSC Ukrnafta has started drilling a new exploration well in western Ukraine, the company’s director Sergiy Koretsky said on Facebook on Friday.
“The design depth is 2754 meters. It is planned that the new well will reveal productive layers of menilite deposits,” he wrote.
The company is performing the work with its own rig, the Ukrnafta Drilling business unit.
The initial production rate is expected to be 16 tons per day.
As the head of the company reminded, Ukrnafta is also preparing to build two oil wells in the east of the country, which will produce more than 100 tons of oil per day. Both have design depths of about 4.5 km.
As reported, in 2023, Ukrnafta increased oil and condensate production by 3% (by 39.9 thousand tons) compared to 2022 – up to 1 million 409.9 thousand tons, gas production by 5.8% (by 60.4 million cubic meters), up to 1 billion 97.4 million cubic meters.
The company’s strategic goal is to double oil and natural gas production to 3 million tons and 2 billion cubic meters by 2027, respectively.
“Ukrnafta is the largest oil producer in Ukraine and the operator of the national network of filling stations. In March 2024, the company started managing Glusco’s assets and operates a total of 545 filling stations – 460 owned and 85 managed.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company, which belonged to private owners and is currently managed by the Ministry of Defense.
Average price per hectare of land in 2023, UAH
Source: Open4Business.com.ua and experts.news
About one-third of Ukrzaliznytsia’s (UZ) passenger railcars used in summer transportation are equipped with modern air conditioning, while about half are equipped with outdated air conditioners that can operate intermittently, the company’s press service reports.
“Almost 400 Ukrzaliznytsia cars are guaranteed to have a functional air conditioning system: first of all, such cars are part of trains #92/91 Lviv-Kyiv, #106/105 Odesa-Kyiv, #63/64 Kharkiv-Lviv, #12/11 Lviv-Odesa, #29/30 Kyiv-Uzhhorod, #15/16 Kharkiv-Yasinia, #17/18 Kharkiv-Uzhhorod, and a number of other branded trains,” Ukrzaliznytsia posted on its Facebook page on Thursday.
About 650 railcars also have air conditioning, but they are of an outdated modification, so they can operate intermittently.
About 1,400 cars are involved in passenger transportation this summer, the company told Interfax-Ukraine.
When buying tickets, Ukrzaliznytsia urged people to look for the “snowflake” icon, which marks seats in cars with modern air conditioning in the app and on the website. At the same time, they noted that cars with outdated air conditioning modifications are not marked with the “snowflake” icon, despite the physical presence of air cooling systems.
“At maximum air temperatures, cooling in this car may be weak, so we signal this at the purchase stage by the absence of a snowflake,” the company said.
Before the summer transportation season, the railroad repaired air conditioning systems in 168 cars, which helps make traveling more comfortable, Ukrzaliznytsia added.
The temperature in air-conditioned cars should be between +22…+26 ℃, the company said, noting that due to the peculiarities of air conditioning in cars, the systems start working 20 minutes after the train departure, and the air conditioner gains full power when the train is moving at a speed of more than 40 km/h.
The bitcoin exchange rate is falling on Friday, trading near the lows since the end of February on fears that the Federal Reserve is not yet ready to start cutting interest rates, CNBC reports.
By 11:03 a.m., bitcoin is down 6.7% to $54,359 thousand, according to CoinDesk. Over the past month, the cryptocurrency has lost almost 23% of its value, although it has added about 30% since the beginning of the year.
Earlier, the minutes of the meeting of the Federal Open Market Committee (FOMC) held on June 11-12 were published. The Fed’s executives need further evidence of slowing inflation to begin easing monetary policy, according to the document.
High interest rates are considered a negative factor for bitcoin, as they reduce demand for risky assets, CNBC notes.
In addition, the German authorities on Thursday sold about 3 thousand bitcoins worth about $175 million, according to the analytical company Arkham Intelligence. The authorities still own about 40 thousand bitcoins confiscated in various criminal cases.
An exit poll conducted by Ipsos UK for Sky News, BBC, and ITV News predicts that the opposition Labor Party will win 410 seats in parliament, the BBC reports.
“If the prediction is correct, Sir Keir Starmer will become prime minister with 410 Labor MPs, slightly less than Tony Blair’s total in 1997,” the report says.
It is noted that the Conservatives may avoid the defeat predicted by some opinion polls, but their predicted result will be a crushing blow to the party after 14 years in power. According to exit polls, the Conservatives will win 131 seats in parliament, the lowest number in history. The Liberal Democrats are expected to take third place with 61 seats.
In addition, according to exit polls, the number of Scottish National Party MPs will decrease to 10, while Reform UK is projected to gain 13 MPs. The Green Party of England and Wales is expected to double its number of MPs to two, and Plaid Cymru will get four MPs. Others are projected to win 19 seats.
The exit poll is based on voter data from approximately 130 polling stations in England, Scotland and Wales. The poll does not cover Northern Ireland.
The UK election took place on Thursday, July 4. Most of the results will start coming in on the morning of Friday, July 5.
Earlier, Experts Club presented an analytical material on the most important elections in the world in 2024, a detailed video analysis is available here – https://youtu.be/73DB0GbJy4M?si=eGb95W02MgF6KzXU
You can subscribe to the Experts Club YouTube channel here – https://www.youtube.com/@ExpertsClub
Change in prices of food raw materials from Ukraine (forecast up to 2025), %
Source: Open4Business.com.ua and experts.news