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...m implied financial resources in the past, now it increasingly means also human and environmental capital. WEF seeks to create a universal ESG-based assessment and reporting system. Ilham Kadri CEO, Chairman of Solvay SA Executive Committee The ESG metrics will become more important in business reporting and even more important than...

...immediate crisis management. Most importantly, in collaboration with Accenture, it resulted in developing a framework that quantifies and qualifies the “system value” of solutions that drive sustainable economic and energy system recovery (Path to Reset through System Value). The Forum’s System Value approach—whose core...

...a block as part of the largest PSA tender in Ukraine's history. DTEK Oil&Gas intends to reprocess and reinterpret data from earlier seismic and well logging surveys, conduct a 3D seismic study and drill three exploratory wells in the next few years. The company is going to invest over UAH 1 billion in the exploration and development of this block.

...modeling has become an integral part of decision-making on exploration and development of fields, starting from creating a geological model of hydrocarbon deposits and monitoring reserves to planning drilling, finding optimal ways of development, analyzing well stock performance, including evaluating the effectiveness of stimulation methods. The company...

COVID-19 has indeed become a catalyst and driver of rapid changes in markets, but above all, it changed us, our perception of the world, globalization, home and, just as important, work. In the 21st century, we start to live in a world without d...

DTEK has today called for completion of reforms and additional US investments to drive the decarbonization of Ukraine’s energy sector. DTEK CEO Maxim Timchenko was speaking at the US-Ukraine Foundation Conference.

...r his leadership, the company has more than tripled its gas production and annually demonstrates record production in the industry. During this time, DTEK Oil&Gas has also become a leader in deep drilling, one of the most innovative and high-tech companies in the Ukrainian gas production sector. “DTEK makes a significant contribution to the...

...K Oil&Gas has implemented an environmental management system ISO 14001: 2015 and implements projects aimed at protecting the environment at all stages of production, starting from exploration and drilling to gas production and treatment. The company successfully constructs super-deep wells using advanced waste disposal technologies. One of them...

...es is an important part of DTEK's development. Pavel Livertovsky, Deputy Director for Strategy and Finance at DTEK, in turn focused on the strategy of the company, each business in particular and the drivers of their growth. As one of the key management theorists and prominent business thinker of XX century, Peter Drucker said, “Culture...

...nomic growth. The rapid evolution of this technology in the EU will have a far-reaching impact on Ukraine. At the scale of our country, this technology and the infrastructure it requires can become a driving force that would propel the existing industries and Ukraine’s economy in general,” Mr. Volpe said.  He recalled that, according...

...alk about two days of the hackathon itself and forget the several months of study for participants in the IT program. Such programs and their results really inspire us and the talented youth who will drive our IT future”. “Hackathons have become a key stage of the educational program that the UN Global Compact is implementing in Ukraine...

DTEK Oil&Gas has completed the drilling of well No. 59 with a depth of 5,245 m at one of Ukraine’s most difficult gas fields, the Machukhske gas condensate field. The gas deposits of the Machukhske field are carbonate-derived...

...each other’s success,» says Diana Kladova, Head of the DTEK Grids Communications Department. Reference. The Digital Communication Awards was founded in 2011 by the Quadriga University of Applied Sciences (Germany), host of the Global Communication Summit, Europe’s largest communications conference. This...

...have increased production by more than threefold. Thanks to open and competitive auctions, we plan to further invest and develop the Ukrainian gas industry". DTEK Oil&Gas has expertise in deep drilling and the development of complex fields, and attracts modern technologies and international service providers to the Ukrainian market. This allows...

...ndependence, we developed domestic gas fields. A stable increase in gas production is only possible on the condition of intensive development at depths of more than 5-6 km. In 2016, DTEK succeeded in drilling the deepest productive well in Europe, reaching a depth of 6,750 meters. This was followed last year with several additional wells at more than...