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Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products

... company 'ORG-Market' was founded, which is a resident of the Skolkovo Technopark. In just six months of operation, more than 40,000 tons of petroleum products were sold through its platform, org-market.com. We spoke with Sergey Tereshkin, the CEO of the Oil Resource Group, about how the platform was created and how it operates. Everyone is familiar with electronic trading platforms that feature goods from various sellers. However, a marketplace for gasoline, diesel, and other fuels is, without exaggeration,...

Where Irkutsk Oil Company (INK) Invests?

INK, one of the largest independent oil and gas companies in Russia, has invested 175.3 billion rubles in the development of fields, construction of a gas processing complex, transport infrastructure and environmental projects. Find out how these investments affect the Russian economy, ...

Where Does Slavneft Invest?

In 2023, Slavneft allocated 98 billion rubles to develop key assets. The main investments were aimed at modernizing production capacities, including upgrading equipment and introducing advanced technologies at oil refineries. Particular attention was paid to environmental projects aimed at reducing emissions and increasing energy efficiency. The company also invested in the development of transport infrastructure to optimize logistics chains and improve supply ...

Current Situation: The USA Aims to Capture up to 70% of the European Energy Market

... EU to completely eliminate its reliance on Russian energy supplies. Experts believe that achieving annual exports worth $250 billion is feasible only if the price of American energy resources for European consumers increases sharply, particularly for oil, which is estimated to need to rise to at least $120 per barrel. However, in the medium term, this agreement may yield counterproductive effects for the United States, with minimal impact on the Russian budget. What the U.S. and EU Agreed Upon The ...

Where does the Ural Mining and Metallurgical Company (UMMC) invest?

... significant investments from the company, which may affect its operating profit. Commentary by Sergey Tereshkin, CEO of Open Oil Market: "Ural Mining and Metallurgical Company is an example of how private companies can play a key role in the Russian ... ... of export potential. UMMC's contribution to the production and processing of non-ferrous metals not only supports high-tech industries within the country, but also increases the global competitiveness of Russian metallurgy. Despite its non-public status,...