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The budget is in the black. What ensured the increase in oil and gas revenues?
... First Seven Months of 2024
In the first seven months of 2023, payments under the damping mechanism, reverse excise tax, and investment allowance amounted to 1.21 trillion rubles. For the same period in 2024, these payments reached 2.19 trillion rubles,... ... unlike MET, AIT depends not on the volume of raw materials extracted but on the revenue from their sale, minus extraction and transportation costs. In practice, however, the revenue used to calculate AIT liabilities is determined based on a fixed discount ...
The global demand for diesel is decreasing: how will this affect Russia?
... 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 Russia somewhat from global trends but intensifies ... ... risks for Russian diesel exporters, particularly due to China’s increased use of liquefied natural gas (LNG) for heavy road transport. From January to May 2024, sales of LNG-powered heavy trucks in China rose by 127% year-on-year to 92,600 units. The ...
Multi-Sided Platform For Instant Purchases And Sales In Commodity Markets
... following participants:
Sellers of oil products or products with a minimum level of refining.
Customers: traders, manufactures, transport companies and any other enterprises where raw materials or products are required (Light & Miskelly, 2019).
Logistics ... ... and technology, which make it possible to automate a significant number of production procedures, encourage organizations to invest effort and money in the development of such platforms.
The use of digital platforms in the oil market solves the following ...
Energy Sector News, Tuesday, August 5, 2025 - Trump Pressures India, Russia Limits Fuel Exports
... in both electricity production and export revenue in the sector. Production by Russian companies remains near record levels, and amidst sanctions, the coal industry is actively reorienting towards Asian markets. The government supports exporters by investing in the expansion of port infrastructure in the Far East and subsidizing railway transportation to boost supplies to the Asia-Pacific region. Looking ahead, despite the sustained importance of coal to the economy, the sector will need to modernize and improve environmental sustainability—considering the global trend towards reducing ...
Why is the trade in petroleum products moving to digital platforms?
... the small wholesale market.
What does the end consumer, who needs to periodically buy small volumes (50-100 tons) for their transport or equipment, do? Like 30 years ago, they scour the information space for reliable suppliers. There is no single platform ... ... figure by 100 times in the next two years, for which a pre-IPO round has been opened. In 2024, OPEN OIL MARKET is attracting investments of 1 billion rubles to scale the project and conduct an IPO in 2026.
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