WorldOil Vermilion, Aspect and EPH submitted bids for oil and gas acreage in Ukraine The nine blocks that were opened for PSA tenders in February 2019 have received 22 bids from 13 companies. Ukraine has sold six petroleum licenses through online bidding Ukraine's second licensing round took place Thursday on May 2, 2019. Burisma Group deploys most powerful drilling rig in Ukraine Burisma Group, an international energy group with assets in Ukraine, purchased a U.S. drilling rig SK 3000 with load capacity of 680 tonnes. The 3,000-HP drilling rig, produced by Service King Manufacturing, Inc., was brought into operation in May 2017 at the well No. 6 of the Vodyanovske field (Kharkiv region). Cub Energy spuds M-23 well in eastern Ukraine Cub Energy Inc. has announced that KUB-Gas LLC--Cub’s 35%-owned subsidiary, which owns and operates the eastern Ukraine licenses--has commenced drilling of the Makeevskoye-23 well. Russia, Ukraine gas agreement warms Europe amid widening glut Ukraine, a dominant gas transit hub, reached a supply agreement Friday with Russia, the European Union’s largest outside supplier of the fuel. Ukraine halts Russian gas purchases as talks on deal fail Ukraine halted purchases of Russian natural gas after its bigger neighbor took away most of a price discount and declined to sign a three-way accord with the European Union through the winter heating season. Russia-Ukraine gas talks set to focus on price as EU seeks deal Russia and Ukraine were poised to wrangle over natural-gas prices at talks brokered by the European Union, which seeks to secure an agreement on supplies of the fuel through at least next winter.