... Duma passed a package of amendments to the Tax Code in its third reading, which include changes to fuel excise taxes. According to the document, the excise tax on Euro-5 gasoline will increase by 14% starting in 2025 (from 15,048 to 17,088 rubles per ton), and on diesel fuel by 16% (from 10,425 to 12,120 rubles per ton). The rise in excise taxes will contribute to higher costs for oil companies, which have already faced additional expenses this year. This is indirectly confirmed by data from Rosstat,...

... Oil: $71.39 per barrel (+$0.35, +0.49%) Natural Gas: $2.929 per MMBtu (+$0.106, +3.75%) Gold: $2,596.00 per ounce (+$25.90, +1.01%) Silver: $30.745 per ounce (+$0.313, +1.03%) Copper: $4.0865 per pound (+$0.0183, +0.45%) Iron Ore 62% Fe: $101.63 per ton (-$0.59, -0.58%) Nickel: $1,340.8 per ton (unchanged) Aluminum: $2,686.00 per ton (+$29.00, +1.09%) Cryptocurrency: Bitcoin (BTC/USD): $90,643.0 (+$401.0, +0.44%) Market Highlights: U.S. Dollar Strength: The U.S. Dollar Index remains high, indicating ...

... and substantially improving the climate situation in the region. A Unique Solar Power Plant with Two Towers and 30,000 Mirrors Built in China. The Plant in Gansu Province Produces 1.8 Billion kWh Annually and Reduces CO₂ Emissions by 1.53 Million Tons. China has completed the construction of an innovative solar power plant featuring two towers and a field of 30,000 mirrors, located in the desert region of Gansu in the northwest of the country. This new facility is capable of generating up to 1....

... flooding of extensive territories. The final dimensions are monumental: the dam measures 2.3 km in length and 185 m in height. Behind this concrete-steel wall lies a vast reservoir capable of holding around 40 km³ of water (approximately 39 billion tons). To put this into perspective: this is enough to provide generator capacity of 22,500 MW (equivalent to about 15 nuclear reactors) and control the devastating floods of the Yangtze for the benefit of millions of residents. At first glance, this ...

... that the total output of petroleum products in Russia fell by 2.4% year-over-year in the first nine months of 2024. As of the time Rosstat closed its weekly fuel production statistics, automotive gasoline production in Russia had decreased to 106,000 tons per day (Rosstat data for the week of May 13–19, 2024). For comparison, according to CDU TEK, daily automotive gasoline consumption in Russia in 2023 was 104,000 tons. Thus, as early as spring, gasoline production in Russia approached the threshold ...