The oil and gas exploration and production company has commenced arbitration proceedings against Ukraine following a series of adverse actions taken by the country against the company's subsidiaries.
The oil and gas producer faces ongoing challenges as its key production licenses in Ukraine remain suspended, halting field operations and raising concerns about its ability to generate revenue.
The oil and gas exploration and production group has announced the date and details for its upcoming Annual General Meeting.
The oil and gas producer faces significant challenges due to the ongoing war in Ukraine, with suspended production licenses and declining financial performance despite a strong cash position.
The oil and gas producer faces a major setback as key production licenses in Ukraine remain suspended, leading to a significant decline in output and revenue.
The oil and gas exploration and production company has been ordered to cease operations on one of its key licences in Ukraine due to regulatory actions.
The oil and gas company announces changes to its Board of Directors, with a new Non-Executive Director appointed by the majority shareholder.
Setback for Ukraine-focused oil and gas producer as key licences suspended
The oil and gas producer reports lower production volumes in Q4 2024 and the full year, but was able to resume operations after license suspensions were lifted.
The oil and gas exploration and production company has resumed operations after successfully challenging the suspension of its production licenses in Ukraine.