... accelerating the energy transition and shifting China's economy towards gas and RES. For now, however, the coal sector is delivering nearly record levels of electricity production worldwide, remaining an essential component of energy supplies. Oil Products and Refining: Regional Contrasts The market for oil products is developing differently across various parts of the world. In Russia, authorities recently took an unprecedented step to stabilize domestic fuel prices. As of July 30, a temporary full ban on ...

Rosneft, one of Russia's largest oil and gas companies, invested 1,297 billion rubles in the development of key 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. These steps strengthen Russia's position in the global market and offer prospects for growth in the company's ...

... Diesel Exports and Domestic Dynamics Approximately half of Russia's diesel production is exported. However, most Russian refineries are owned by vertically integrated oil companies (VIOCs), which can distribute costs across segments, shifting them from refining to more profitable activities like extraction. Additionally, Russia's tax system supports domestic refiners by compensating part of their expenses for modernization, investments in refining, and fuel supply to the domestic market. This shields ...

... are aimed at strengthening Slavneft's position in the market and ensuring sustainable growth in the long term. Where Is Slavneft Investing? Slavneft is one of Russia's leading oil and gas companies, specializing in the exploration, production, and refining of oil and gas. In 2023, the company allocated 98 billion rubles for the development of its key assets and projects. Main Assets of the Company: Oil Fields: Slavneft operates large oil fields in Western Siberia, including the Megion and Vatyegan ...

... that mitigates the difference between export and domestic prices. The authorities signaled a potential adjustment of the dampener if the situation doesn't stabilize (for example, increasing payments or changing the calculation formula to support oil refining and keep prices at gas stations in check). Furthermore, there are discussions on reallocating the tax burden on the oil sector: for instance, excessively rapid increases in fuel excise duties could be slowed to avoid adding to retail price increases....