# Energy
The Indian Prime Minister has urged citizens to travel less, avoid buying gold and save fuel
Indian Prime Minister Narendra Modi has urged citizens to minimise their use of petrol, gas and diesel due to the sharp rise in oil prices.
Petrol prices on 11 May: who has ‘frozen’ their price caps, and where has petrol gone up by 5 hryvnias in one go
Over the weekend, the situation at petrol stations became mixed: whilst some chains have kept their old prices, others have surprised motorists by adjusting their prices. The biggest price rise has been for petrol.
Ukrnafta tops the ranking of the largest fuel retailers
In April 2026, the Ukrnafta petrol station network became the leader in the Ukrainian retail market, selling around 120 million litres of fuel (almost 95,000 tonnes).
Ukraine and Finland will jointly develop a distributed generation network
Ukrnafta JSC and the Finnish company Wärtsilä have agreed on the supply of equipment for new power stations.
The government has once again criticised Kyiv over its preparations for winter. Klitschko has been given a deadline to come up with solutions
The Cabinet of Ministers has once again criticised the Kyiv authorities over the pace of preparations for the coming heating season. Vitali Klitschko complains that the government promises help but then washes its hands of the matter.
Lufthansa is set to lose nearly €2 billion in profits due to rising fuel costs
The German aviation group Deutsche Lufthansa AG has revised its financial forecasts for the current year downwards due to the sharp rise in energy prices and a potential fuel shortage.
Another price hike at petrol stations: how much petrol, diesel and LPG cost on 6 May
Fuel prices have changed at Ukrainian petrol stations. Petrol and diesel have gone up in price at the OKKO network, whilst prices for LPG and those at other popular chains have remained the same as the previous day.
The government has finalised the composition of the supervisory board of PJSC ‘Ukrhydroenergo’
The Supervisory Board of PJSC ‘Ukrhydroenergo’ is now fully operational. The Cabinet of Ministers of Ukraine has appointed the state representatives, thereby completing the formation of the governing body of the country’s largest hydroelectric power company
Current electricity tariffs for domestic customers will remain unchanged until October
The government has extended the special obligations scheme (PSO) in the electricity market until the end of October 2026. As a result, Ukrainians will continue to pay for electricity at the current rate of 4.32 UAH per kWh.
The World Bank expects energy prices to rise by 24% in 2026
Oil and gas prices could reach their highest levels since 2022 this year, against a backdrop of ongoing geopolitical instability and logistical disruptions
Ukraine and the IAEA have signed a memorandum on the development of nuclear power plants
On the 40th anniversary of the Chernobyl disaster, Ukraine and the IAEA are strengthening their partnership. Ukraine’s First Deputy Prime Minister and Minister of Energy, Denys Shmyhal, and the Agency’s Director General, Rafael Grossi, have signed a Memorandum outlining the future of Ukraine’s nuclear power generation
+700 MW by winter: the EBRD’s energy sector support plan
The European Bank for Reconstruction and Development (EBRD) plans to support the creation of around 700 MW of new generation capacity in Ukraine by the start of the 2026 heating season. This was announced by the bank’s president, Odile Renaud-Basso
