Found: 83

Is the production of petroleum products decreasing in Russia?

... domestic production, which is linked to unpredictable unscheduled repairs at oil refineries, as well as sanctions that complicate equipment deliveries. The author examines the consequences of these processes for the domestic market, including the rise in gasoline and diesel prices, and highlights the challenges in forecasting the industry's recovery. Read the full article at the link: Is Oil Product Production in Russia Declining? In 2024, Rosstat stopped publishing weekly and monthly statistics on ...

Energy Sector News August 8, 2025 — U.S. Pressures India, Gasoline Export Ban, Oil Stabilization

On August 8, 2025, significant changes occurred in the energy sector due to U.S. pressure on India regarding oil reserves and exports. This, in turn, has affected global petroleum product prices, including gasoline. In an unstable gas market and under sanctions against several countries, the effects of government decisions are felt worldwide. This ban on gasoline exports is expected to change not only the Indian market but also impact the largest refineries ...

An expert explained which fuel is 30-50 percent cheaper than gasoline.

In Russia, gas engine fuel (GEF) is 30-50% cheaper than A-92 gasoline, yet its use remains limited. Expert Sergey Tereshkin noted that the share of GEF in the country's vehicle fleet is small, and the growth in consumption depends on subsidies and infrastructure support. The article discusses the prospects for ...

How to improve the efficiency of the damping mechanism

... imposed an embargo on maritime supplies of petroleum products from Russia, yet the government continues to use Rotterdam hub quotes to calculate subsidies for the damper mechanism. If the Rotterdam quotes exceed the threshold set in the Tax Code for AI-92 gasoline and diesel fuel, oil companies receive payments from the budget. Otherwise, the oil companies contribute to the budget. The last time oil companies contributed to the budget was in February 2021, after which payments have only been made in ...

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

... Rules (NDA) until December 31, 2024. Initially, these rules were scheduled to come into effect on September 1, 2024. This decision allows petroleum products to retain priority in railway transportation, which is particularly important given the ban on gasoline exports introduced in August 2024 and extended through September and October. Experts note that this measure supports the profitability of petroleum production and sales, enabling quick responses to the current economic situation and mitigating ...