The state-owned Russian VTB Bank initiated the bankruptcy of the "First Oil" group due to a debt of $78. 3 million. The assets of the company, which produces up to 500,000 tons of oil per year, will come under the control of state structures.
Chinese refiners are actively buying Russian oil, replacing India as the main buyer. Russian crude oil supplies to China rose to 2.09 million barrels per day in February.
Ukraine has agreed to attract over 600 million euros in financial and technical assistance for the restoration of its energy sector. The country will also receive equipment from at least six decommissioned European combined heat and power plants (CHPPs) and thermal power plants (TPPs).
India imports the largest amount of crude oil from Saudi Arabia in over six years as the US pressures it to reduce purchases of Russian oil products.
One person was killed and two others were injured in a Russian drone attack on a civilian enterprise in the Chuhuiv district of Kharkiv region. Search and rescue operations are ongoing at the scene.
American financier Gentry Beach, linked to the Trump family, has struck a deal with Russia's Novatek to develop a gas project in Alaska. This cooperation comes amid Russia's war against Ukraine and Western sanctions.
In Odesa region, after the Russian attack, critical infrastructure was powered up and electricity was restored to over 30,000 families. 68.4 thousand households remain without electricity due to significant damage.
2025 was the deadliest year for civilians, and the real number of victims could be much higher.
As a result of hostilities and bad weather, consumers in 9 regions of Ukraine have been cut off from power, with the situation in Odesa region remaining difficult. Hourly and emergency blackouts are in effect in most regions, and electricity consumption is increasing.
Ukraine and Japan can begin defense cooperation, which will be a historic event. Zelenskyy announced his readiness to exchange technologies and experience in modern warfare.
Hungarian Prime Minister Viktor Orban published a campaign video before the elections, featuring Ukrainian President Volodymyr Zelenskyy. Orban made accusations.
Russian troops again attacked oil and gas infrastructure in Poltava region with attack drones. Destruction has been recorded, and a fire is ongoing at the facility.
The Cabinet of Ministers will form a coordination center for the rapid recovery of communities after shelling. Government officials, the Office of the President, and regional leaders will be involved in the work.
President of Ukraine Volodymyr Zelenskyy met with UN High Commissioner for Refugees Barham Salih. Ukraine expects increased support for Ukrainians from the Office of the UN High Commissioner.
The Appeals Chamber of the High Anti-Corruption Court (HACC) refused to ease the pre-trial restrictions for former head of the State Fiscal Service Roman Nasirov. The consideration of the defense's appeal was postponed until February 23, 2026.
On February 20, scheduled power outages and capacity restrictions will be in effect in most regions of Ukraine. These are the consequences of Russian attacks on energy facilities.
France will allocate 71 million euros in grant aid to Ukraine, part of which will go to support the energy sector. The agreement was reached during a meeting with the French Minister of Economy, Finance, Industry, Energy and Digital Sovereignty, Roland Lescure.
Trump emphasized that he was aware of the mixed reactions in Europe to his stance, but this did not change his assessment of the Hungarian prime minister's performance.
Russia launched a ballistic missile strike on the production base of the regional road service, destroying premises and specialized road equipment. This is a continuation of targeted strikes on civilian and critical infrastructure.
To preserve the educational process after massive Russian attacks that left a number of schools without heating, two mechanisms were introduced in Kyiv – distance learning and "educational migration. "
Relations between the US and Iran are escalating over Tehran's nuclear program, threatening a major war in the Middle East. Ukraine is interested in peace to avoid rising oil prices and the strengthening of the Russian Federation.
European Commission spokesperson Anna-Kaisa Itkonen stated that Brussels is not pressuring Ukraine regarding the timeline for restoring the Druzhba oil pipeline. Oil from Russia is supplied to Hungary and Slovakia via this pipeline.
US intelligence may have known about the preparations for blowing up the Nord Stream gas pipelines at an early stage of planning. A Ukrainian team allegedly shared its intentions with the CIA, which initially did not object, and then tried to avert the attack.
That is why Ukraine needs to quickly build up battery complexes in the near future to accumulate daytime generation and use it during evening peaks, reducing restrictions and increasing the stability of the energy system.
Hungary is considering halting electricity and gas exports to Ukraine if Kyiv does not resume the supply of Russian oil via the Druzhba pipeline. Hungary and Slovakia accuse Ukraine of delaying the resumption of supplies for political reasons.
Energy experts warn: it is technically impossible to decentralize the generation of large urban combined heat and power plants in one inter-heating season, and for Kyiv, such a transformation could require about 7 billion euros in investments and 3-5 years of work.
"Motorinvest" is a Russian car assembly plant in the Lipetsk region, which has been operating since 2014.
In the Chernihiv region, an accident on a 110 kV overhead line led to a power outage in Chernihiv, Slavutych, and part of the Chernihiv district. Energy workers are working to restore electricity supply.
President Volodymyr Zelenskyy announced that Ukraine is preparing solutions for the reconstruction and renewal of communities' energy supply. A coordination center will be established at the government level to systematize communities' experience.
A single platform of government support programs for the population, HOAs, businesses, and communities during the winter period has started operating in Ukraine. The platform energy.kmu.gov.ua provides complete information about current support opportunities, conditions, and application procedures.
