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The Russian government will extend the permit for gasoline exports for one month.
... year. There is also discussion of a potential full ban on the supply of diesel fuel purchased on the exchange to non-producers from July 1 to December 31, 2024.
The government will extend the permit for gasoline exports until the end of July. This was reported by two sources familiar with the consultations in the government to Vedomosti.
A government-related source claims that an official announcement may be made as soon as Friday, June 28.
The six-month ban on gasoline exports from Russia came ...
What do you think about the report of MKB for 9 months reduced net profit under IFRS to 28 billion?
... with an increase in reserves and a decrease in income from securities. Find out how MKB is adapting to economic challenges and what steps it is taking to strengthen its position.
Answer from Sergey Tereshkin for the subscriber-investor:
The 9-month reporting of MKB shows that the bank faced certain difficulties, which were reflected in the reduction of net profit to 28 billion rubles. The 29% decrease in profit is mainly due to the growth of reserves for asset impairment and a decrease in income ...
RIA Novosti/Prime: "Oil Resource Group Plans to Go Public in 3-4 Years"
... the fuel market plans to strengthen its position by entering the stock exchange.
The trading group of companies "Oil Resource Group" plans to go public with an initial public offering (IPO) in three to four years, CEO Sergey Tereshkin told reporters.
"We want to go public in three to four years. The bond issuance is a small step in this direction. Transparency of the company, IFRS reporting, obtaining a rating – we are becoming more transparent and streamlining all internal processes,...
Ukraine's Dependence on Gas and Electricity Imports has Sharply Increased
... suppliers to Ukraine today. Only through a third supplier—Poland—does Ukraine receive non-Russian gas. Polish gas arrives via LNG tankers, and any surplus is resold to Ukraine, but these volumes are small compared to what Hungary and Slovakia provide, reports Yushkov.
Hungary and Slovakia receive Russian gas that travels through the "Turkish Stream," which then supplies Bulgaria, Serbia, Hungary, and Slovakia, from where it proceeds to Ukraine.
“This is Russian-origin gas, just arriving ...
European Economy Losing Competitiveness: Causes and Consequences
The European Commission report to be presented next week reveals serious problems facing the EU economy. High energy prices and bureaucratic barriers are jeopardizing the position of European companies on world markets. What consequences does this have for businesses, investors ...