(ORSK, RUSSIA) – The Orsknefteorgsintez oil refinery in Russia stopped processing oil on Tuesday, 11 August, after a fire caused by a Ukrainian drone attack. Reuters reported the shutdown citing two industry sources. The drones attacked the plant, which is located about 1,900 kilometres east of the border with Ukraine.Continue Reading
(SARAJEVO, BOSNIA AND HERZEGOVINA) – Ukraine sent Bosnia and Herzegovina the text of a free trade agreement between the two countries in January and is waiting for a response. Ukraine’s Ambassador to Bosnia and Herzegovina, Volodymyr Bachynskyi, said this in an interview with media. The diplomat said transport liberalisation wouldContinue Reading
(MOSCOW, RUSSIA) – Direct losses at Wildberries could exceed 100 billion roubles after a campaign against its warehouses destroyed at least 14 logistics hubs. The figure could reach 200 billion roubles under a pessimistic scenario, according to Ukraine’s Foreign Intelligence Service. The losses have broken the business model of Russia’sContinue Reading
(LVIV, UKRAINE) – Construction has started on parking areas for lorries near two border crossing points between Ukraine and Poland. Around 500 parking spaces will be built near the Rava-Ruska to Hrebenne and Krakovets to Korczowa crossings. Ukraine’s Ministry of Restoration, Infrastructure and Transport announced the works on Facebook. “InContinue Reading
(LONDON, UK) – Oil prices rose slightly on Wednesday, 12 August, amid doubts over a peace deal between the United States and Iran and attacks on two vessels. The developments strengthened concerns about supply disruptions in the Middle East, even as US crude oil inventories increased. Brent crude futures roseContinue Reading
(TALLINN, ESTONIA) – Estonia has allocated more than €300,000 to help Ukraine prepare for winter. The Estonian Ministry of Foreign Affairs announced the funding. “Estonia continues to support Ukraine in preparing for another difficult winter, and the Estonian Ministry of Foreign Affairs is providing support in the amount of €340,000,”Continue Reading
(KYIV, UKRAINE) – Around 700 vessels that carry Russian oil are currently under sanctions globally. About half of those ships have stopped such activity, according to Vladyslav Vlasiuk, the Ukrainian President’s Commissioner for Sanctions Policy. Mr Vlasiuk spoke on television about Russia’s shadow fleet and the results of sanctions imposedContinue Reading
(KYIV, UKRAINE) – Applications have opened for technology competitions under the European Union’s flagship grant programme BraveTech EU. The competitions, called DefTech Forges, are aimed at defence companies. Ukraine’s Ministry of Defence announced the opening. The competitions are a series of offline events for selected defence startups. They will competeContinue Reading
(WASHINGTON, USA) – The United States would lose about 214,000 jobs next year if it fails to extend its free trade agreement with Canada, according to a report by Oxford Economics prepared for the Canadian American Business Council. Canada would lose 102,000 jobs in the same period. The combined jobContinue Reading
(NOVOROSSIYSK, RUSSIA) – Two of Russia’s largest grain terminals in the southern port of Novorossiysk have suspended operations following a night attack by Ukrainian drones. Reuters reported the suspension citing four industry sources. Russia is the world’s largest wheat exporter. Most of that export flows through its Black Sea ports,Continue Reading
