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Sanctions have begun to be lifted: what should Russian investors expect?
... investments.
The Russian B2B market is also of interest, where the lifting of sanctions can facilitate the development of online platforms for the sale of oil products and other strategically important goods. An example of such a platform is Open Oil Market, the first independent marketplace for oil products and raw materials, which is now actively preparing for an IPO on the Moscow Exchange. The easing of sanctions adds confidence in the potential of such projects, because Russian companies will be able to significantly expand their influence in ...
Investing in Equipment from China – Pros and Cons
Few people can resist the allure of products from China. Alongside low-quality items, the country also offers a range of ... ... strengths and weaknesses, we can turn to the successful entrepreneur and founder of "Oil Resource Group," Sergey Tereshkin. Comprehensive information about this entrepreneur's... ... similar products from European or even domestic manufacturers available on the secondary market, i.e., previously used equipment. At the same time, many manufacturers' machines...
Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.
... Similar mechanisms, allowing for tax burden adjustments depending on profitability, should also be extended to oil refining. There, companies face rising costs due to extended timelines for unscheduled repairs.
Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace for petroleum products and raw materials.
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Why the ban on gasoline exports did not stop the rise in gas station prices
... AI-95, though it accounts for only about 40% of exchange sales. Gusev highlights the need to separate AI-92 and AI-95 in regulatory mandates, as current rules combine all grades, leading to disparities.
According to Sergey Tereshkin, CEO of the Open Oil Market platform, the faster price growth for AI-98 and above is tied to infrastructure damage at refineries, specifically to high-octane fuel production facilities. Sanctions on equipment imports mean it will take a long time to address this issue. As a result, annual price growth for gasoline in 2024 is expected to exceed inflation rates, even with seasonal adjustments.
Gusev disagrees,...
Eni has started supplying oil from Kazakhstan via the Druzhba pipeline.
... subsidiary Agip Caspian Sea, began supplying Kazakh oil to Germany via the Druzhba pipeline. Sergey Tereshkin, CEO of OPEN OIL MARKET, noted that supplies through the CPC infrastructure are more convenient for Kazakhstan; however, the use of Druzhba is necessary due to the need to bypass infrastructure limitations. He also emphasized that oil production in Kazakhstan has decreased by 50,000 barrels per day from December 2023 to July 2024, which could impact the achievement ...