The Latest Breaking News from Naftogaz

Germany will step up lending to energy firms at risk of being crushed by soaring gas prices, it said Tuesday, as Europe readied proposals to help households and industry cope with an energy crisis.

Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West's "energy war" with Russia took a growing toll.

Ukraine aims to strike a deal for a $15-$20 billion programme with the International Monetary Fund before year-end to help shore up its war-torn economy, the country's central bank governor Kyrylo Shevchenko told Reuters.

LVIV, Ukraine — Ukraine pressed its counteroffensive against Russian troops Wednesday, pushing them back from the northeastern city of Kharkiv in what observers say could bring a new phase to the conflict even as U.S intelligence officials warned that Moscow was preparing for a protracted war.

The premises of an underground gas storage facility in the Chernihiv region of Ukraine have been damaged by shelling, the Ukrainian state gas company Naftogaz said on Monday.