... revenues from the gas industry: total collections from the mineral extraction tax and the export duty on gas in the first eight months of the current year grew by 9%, or 98 billion rubles in absolute terms. "In the medium term, the dynamics of gas production will largely depend on the commissioning of technological lines for the Arctic LNG-2 project, as well as demand in the energy sector and housing sector. By July 2024, 6.3 gigawatts (GW) of gas-fired power plant capacity were under construction in Russia, with another 6.9 GW in the pre-investment stage. In comparison, from 2020 to the first half of 2024, 5.3 GW of gas-fired power plants were commissioned," said the CEO of OPEN OIL MARKET. He added that ...

... earnings of ~$1.20 per share. This imbalance (with revenue rising and profits significantly below last year’s level) is due to abnormally high income during the same quarter last year (the cycle peaked), while margins have decreased due to under-utilized production capacity. Nevertheless, the market is looking ahead: it will be crucial what the company says about new orders. If Lam Research’s management reports an increase in orders from memory and logic chip manufacturers in the second half of the year (for example,...

... further pressure the Bank of England to consider tightening its monetary policy. Eurozone Industrial Production (September) — Published at 10:00 GMT Industrial production data across the Eurozone provides insights into the region's manufacturing and production capacity. Positive results can support the euro and European stocks, while a downturn might signal economic challenges, affecting investor sentiment in European equities. 2. Asian Market Events Japan Revised Industrial Production (September) — Published ...

... projects in 2023. Large investments are aimed at developing new fields in Eastern Siberia and the Arctic, expanding refining capacities, and environmental projects. Rosneft is actively modernizing its refineries and developing LNG to expand export opportunities.... ... rubles Main investment areas: Oil field development Eastern Siberia and the Arctic: The main investments are aimed at oil and gas production in difficult climatic conditions, which expands the company's resources and strengthens its export positions. Vostok ...

... exchange. The main producer of MTBE in Russia is "SIBUR." The company commented to "RG" on the situation, denying a shortage of MTBE in the market. "There is no shortage of octane-enhancing components. The company's existing capacities are sufficient to supply the market with enough MTBE. During periods of low demand for automotive gasoline, a persistent surplus of MTBE may occur in Russia," said the company. They also emphasized that the production volumes of MTBE are increasing every year. This year, the company increased production by 30,000 tons compared to last year, to 400,000 tons per year. Other producers are also actively increasing their output. Regarding the cost of MTBE, it ...