News from Lvov
23/05/2026
Ukraine’s grain exports have risen sharply in recent months, indicating continued strength in its agricultural sector. Ukraine’s grain exports are up sharply, even though the Black Sea Grain Initiative that used to control trade in the region is no longer in effect. They’re currently shipping around 25 billion tonne miles of grain each month, according
READ MORELast week thermal coal indices on the European market surged up to 110 USD/t, driven by the introduction of sanctions against major Russian coal companies (SUEK and Mechel) as well as strengthening of gas prices and a reduction in stockpiles at ARA terminals. At the same time, negative fundamental factors remain, including warmer temperatures and
READ MOREHigh commodity prices and rising coal exports are propelling economic growth in Mongolia, allowing the country to develop its robust mineral resources, expand its services sector, and invest in green agriculture and energy. Mongolia exported 31.7m tonnes of coal in 2022, an increase in volume of 102%, or 16m tonnes, from 2021 and an increase
READ MORECoal is still a glowing part of global commodities markets even if prices for the energy source are sliding. Despite widespread perceptions that the coal industry is under threat, output is actually hitting new records — at least outside the U.S. and EU. The WSJ’s Megha Mandavia reports in a
READ MORERussian Ministry of Finance is considering the possibility of increasing the Mineral Extraction Tax (MET) on coal production. This measure will significantly increase the tax burden on coal industry amid falling prices on the international market, which makes export of Kuzbass thermal coal unprofitable in certain directions. The authorities considered increasing MET as early as
READ MORERussian coal exports to drop by 20% following a sanctions announcement by the United States. On February 23, the United States extended sanctions against the Russian energy and mining and metallurgical sectors by including Russian coal companies SUEK and Mechel. The U.S. Treasury Department has set deadlines for termination of transactions with these organizations until
READ MOREThe agreement has been reached for the Swiss city of Bern to donate 11 trams to the city of Lviv, where Switzerland will also support the construction of a 1 km tram route along Mykolaichuka and Shevchenko streets to the emergency hospital. The partially low-floor Duewag/Vevey Be 4/8 trams dating from the 1980s and 1990s
READ MOREUkraine’s state-owned Naftogaz said on Friday its gas subsidiary had discovered a ‘promising’ new natural gas deposit in the west of the country. CEO Oleksiy Chernyshov said the find was another step in the oil and gas company’s strategy to increase domestic production as Russia’s war on Ukraine resets Kyiv’s energy strategy. “In recent days,
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