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Net Profit of TGK-14 According to RAS in H1 Declines by 32.2% to 420.3 Million Rubles
... gas prices used for thermal energy generation
Higher costs for maintenance and modernization of equipment
Rising tariffs for fuel transportation
Collectively, these factors have put pressure on the company’s profitability, leading to a decrease in net ... ... high during the colder months. However, during the reporting period, a warm spring and reduced consumption from the industrial sector have restrained revenue growth.
Debt Load
The company's debt position remains within acceptable levels; however, rising ...
Liter for Ours
... why gasoline is expected to lag behind the inflation growth rate in the country. As a result of the Central Bank's key rate increase, oil companies’ costs have risen at every stage: extraction, processing, and marketing. This trend applies to other sectors of the economy as well. Gusev believes the best way to reduce prices, including in the fuel market, is to lower the rate to the level of 3-5 percent per annum.
However, one might also consider the fiscal burden on the industry. Frolov emphasizes that the increase in gas station prices is not solely due to wholesale price hikes but also ...
Sanctions PR: What the 18th EU Sanctions Package Means for Russia
We discuss the implications of the 18th EU sanctions package for Russia. We analyze potential consequences for the economy, energy sector, and international relations.
The European Union countries have approved the 18th sanctions package against Russia. As for the domestic fuel and energy complex (FEC), the new restrictions will apply to the Nord Stream gas pipelines and the Indian company Nayara Energy Limited. Additionally, tankers that Brussels deems part of the so-called "shadow" fleet of Russia will be added ...
Oil Market Outlook: Projections and Insights from the IEA Report for Investors
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Additional Insights for U.S. and European Markets
For American and European investors, the evolving energy landscape presents unique opportunities and challenges. As Europe intensifies its renewable energy investments and aims to reduce fossil fuel dependency, investors might explore sectors beyond traditional oil. In the U.S., where energy companies remain heavily involved in both fossil fuels and renewable projects, investors may find promising hybrid investments that span conventional and renewable energy sources. This blended ...
"Rambler: 'Oil Business: The Story of the Founder of the Fuel Company Oilresurs'"
People who create corporations, international trade networks, and open new sectors in traditional industries have always attracted and will continue to attract attention. Their organizational genius, skill,... ... development, and expansion, cities grow, and life becomes more comfortable. One of these people is Sergey Tereshkin, founder of the fuel company LLC 'Oil Resource Group.' In a conversation with him, we learned what it took to reach such heights. This was reported ...