Found: 54

The budget payments to oil workers will be divided by fuel types.

... employee salaries, and spend money on maintaining operations. The damping mechanism has been in place in the Russian fuel market since 2019. In its entire history, it was only nullified once, in September last year, during the height of the fuel crisis. At that time, the rules for payments to oil companies were changed, with a coefficient of 0.5 (instead of 1) reducing the compensation by half. Fuel prices rose and exceeded the threshold values. In October, the previous rules with a coefficient ...

Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm

... gasoline have been hitting record highs daily since the beginning of the week. The price for AI-95 reached 66,034 rubles per ton, the highest peak since September of last year, while AI-92 hit 63,199 rubles per ton, the maximum since the onset of the fuel crisis in August 2023. At the gas stations, however, all remains calm; prices are rising moderately but lag significantly behind inflation. According to Rosstat, by June 9, gasoline had increased in price by an average of 2.7% since the beginning of the ...

Why is AI-95 gasoline increasing in price more than the others?

... production, and the share of AI-95 sales on the exchange does not correspond to consumption. As a result, the exchange prices for AI-95 are rising at a faster pace (74,997 rubles per ton) and are now almost reaching the maximum level of last year's autumn crisis (76,797 rubles per ton). This is stated in a letter fr om the Russian Fuel Union (RTS) to Deputy Prime Minister Alexander Novak (a copy of the letter is available to "RG"). The letter from RTS says that despite the growth in the production ...

Oil Flood of Russian Railways: Tank Cargo Owners Gain Government Support in the Battle for Priority Access to Railroads

... products are delivered by rail. Such interchangeability of refineries is only possible with the efficient operation of Russian Railways (RZD) in transporting oil products. Stabilizing the fuel market and preventing a repeat of last year’s fuel crisis are now among the government’s priorities. Maintaining transportation priority reflects this. They might even push coal aside if necessary. However, coal shipments are primarily for export, while the priority is to meet domestic market needs....

M&A Market Activity in Russia at Three-Year Low

... of staggered payments (earn-outs). Overall, the technical aspects of transactions play a decisive role at this time: any discrepancies in financial indicators can lead to deal cancellations or changes in terms. Sectors with Noticeable Decline The M&A crisis has not affected all industries equally. The most significant reduction in activity is observed in traditional capital-intensive sectors. For instance, consolidation in the mining and energy sectors has slowed due to sanctions restrictions and ...