On October 31, Elijah Orthodox chapel was blessed and solemnly opened in Zhabky. The chapel was built at the expense of PrJSC NATURAL RESOURCES and LLC EASTERN GEOLOGICAL UNION from GEO ALLIANCE GROUP. It was installed and fitted out with the support from officials of Lokhvytsia town council and Zhabky village headman’s office and with the direct participation of villagers.

For the third September in a row, schoolchildren of the whole country have to adapt to the reality – with air raid alarms and threats of real danger.

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Supporting educational institutions is one of the priorities of GEO ALLIANCE Group’s participation in social development of those communities where our companies run their activities because young generation should grow up in a good environment to succeed and make their contribution to the country’s future.  

Geo Alliance Group Limited held by trusts whose beneficiary is Victor Pinchuk, has acquired 50% of shares of Geo-Alliance Oil-Gas Public Limited from Arawak Energy Ukraine B.V., a wholly owned subsidiary of Vitol.

On 23-24 November, SPE Eastern Europe Subsurface Conference – the largest in Eastern Europe oil and gas technical conference – will be held in Kyiv. It is a unique event where world class specialists from different disciplines will share experience and discuss new concepts and implementation of innovations in the industry.

In L. Kuchmenko’s opinion, the state should provide investors with a stable legal environment to work in (for at least 10 years) and not allow even a hint of expropriation and possibility of using non-market-based instruments to regulate the industry.

Last Friday, PrJSC NATURAL RESOURCES held an annual special facility-level drill on civil protection of personnel and formation of a facility civil protection unit – volunteer firefighting brigade at the Gas Processing Plant of the Lutsenkivske gas condensate field. During the drill a potential emergency was simulated involving violation of process regime on two tanks and rendering the first premedical aid to a person injured during the emergency, with practicing of preventive actions.