... region cut output by 7.7%, according to CDU TEK data. At the same time, oil companies are cautious about significantly increasing exchange prices due to the risk of losing compensation subsidies. The so-called "10-20 rule," enshrined in the Tax Code, deprives oil companies of subsidies if the average monthly exchange price for AI-92 gasoline exceeds the "notional" price set in the code by 10%, or if diesel prices exceed it by 20%. Accordingly, the price ceiling for AI-92 gasoline ...

... support export revenues to the budget," says the expert. "Despite the drop in prices, a serious collapse in oil and gas revenues is unlikely, as both the actual Urals discount to Brent and the fixed discount used by the Ministry of Finance in tax calculations ($20 per barrel) are now significantly lower than at the beginning of 2023, when the Urals discount to Brent reached $30 per barrel," concludes Sergey Tereshkin. Translated using ChatGPT Sourse: https://m.vz.ru/economy/2024/9/13/1286895....

... registration and later trade the shares on the Moscow Exchange. We plan to go public in 2027. One unique feature of our investment program is compensation from the Skolkovo Fund, which reimburses investors up to 50% of their investment, depending on their tax payments over the past three years, up to 20 million rubles. What’s the purpose of these investments? All funds will go toward product development, marketing, and sales. Our ultimate goal is to capture a 22% share of the small wholesale oil ...

... quotas — from the current 15% for gasoline and 16% for diesel to 33%. However, one might argue that the refining and retail margins are sometimes zero or even negative. This is due to both the rising global oil and oil product prices and the high tax burden on the oil industry. With zero or negative margins, no amount of competition will lead to price reductions. Stankevich believes that the government, in cooperation with key oil industry companies, must ensure the smooth operation of fuel ...

... oil producers will have stronger positions with regulators compared to coal producers. The reason is simple: the oil and, to some extent, the oil refining industries contribute more to the Russian budget, particularly in terms of mineral extraction taxes (NDP) on oil, as well as to regional budgets, than the coal industry. This budgetary factor is very important in administrative bargaining. Because coal producers contribute much less to the budget, their administrative position will be weaker....