Leaders of Russia, Ukraine, France and Germany are struggling to reach a deal after all-night talks aimed at ending the fighting in eastern Ukraine.
There has apparently been little progress at the summit in the Belarusian capital Minsk.
Ukraine's President Petro Poroshenko has said conditions laid down by Russia are unacceptable.
He is said to be unhappy with a Russian proposal on the demarcation line which separates rebels and Ukrainian forces.
Another sticking point is Moscow's position on the future status of territory held by the pro-Russian separatists.
The arrival at the talks of two leaders of the rebel-held Donetsk and Luhansk regions had raised hopes of an agreement.
But they are refusing to sign a deal unless Kiev agrees to withdraw its troops from the key railway town of Debeltseve.
"No agreement yet. The separatists do not want to sign. They demand the retreat of the Ukrainian army from Debaltseve," a source at the talks has been quoted as saying.
The discussions involve Mr Petroshenko, Russian President Vladimir Putin, French President Francois Hollande and German Chancellor Angela Merkel.
Earlier they were reported to be close to an agreement to end the 10-month conflict, which has cost more than 5,300 lives.
Ukrainian presidential aide Valeriy Chaly said a "battle of nerves" was under way as dawn approached.
"We've got another 5-6 hours of work. At least," he said on Facebook after talks had already been going on for seven hours.
Mr Poroshenko has said the talks are crucial in deciding whether the situation will de-escalate or spiral "out of control".
The negotiations opened with a brief handshake between Mr Poroshenko and Mr Putin, who were meeting for the first time since October.
A source told AFP the leaders were hoping to sign a joint statement calling for the fulfilment of an earlier failed peace plan signed by Kiev and the rebels last year.
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Gallery: Ukraine Crisis: Fighting Increases (February 11)
Local residents look at the remains of a rocket shell on a street in the town of Kramatorsk, eastern Ukraine
Seven civilians have been killed and 26 wounded in rocket strikes on the town of Kramatorsk
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