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Novak allowed the lifting of the ban on the export of AI-92 gasoline
The Deputy Prime Minister Alexander Novak has suggested a partial lifting of the ban on gasoline exports in case signs of oversupply are confirmed. This concerns only the AI-92 grade. The ban on the export of any gasoline is currently in effect until the end of the year. Comment by Sergey Tereshkin for RBC.
Vice Prime Minister Alexander Novak has suggested the possibility of a partial lifting of the embargo on gasoline exports if signs of oversupply are confirmed. This would apply only to the AI-92...
The Three Gorges Dam: A Giant Brake on Our Planet
The world's largest dam, the Three Gorges Dam in China, not only supplies millions with energy but also impacts the Earth's rotation. NASA confirms that due to mass redistribution, the planet has slowed down, and its axis has shifted. How far can the influence of infrastructure projects go? A scientific analysis.
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An expert predicted a rise in oil prices due to a reduction in production in Libya.
Expert Tereshkin: Oil Production Cut in Libya Will Boost Prices Temporarily (Izvestia).
On August 29, 2024, Sergey Tereshkin, the CEO of Open Oil Market, stated in an interview with Izvestia that the suspension of production at Libya’s largest oil field, Sharara, could reduce global oil supply by 300,000 barrels per day, which is about 0.3% of the global volume. In his opinion, this will temporarily raise oil prices; however, a more significant impact will come from the upcoming easing of OPEC+...
Inter RAO: IFRS 1H2025
Inter RAO Reports Increased Revenue and Profit in 1H 2025
For the first half of 2025,
Inter RAO
announced a revenue growth of
12.3%
year-on-year, reaching
818 billion rubles
.
The company's net profit increased by
4.28%
to
82.9 billion rubles
.
INTER RAO Presents Financial Results According to IFRS for the First Half of 2025
INTER RAO
has published its consolidated financial statements according to IFRS for the first half of 2025, demonstrating growth in key financial indicators. The company's...
Economic Calendar for Investors and Traders (December 9-13, 2024)
The week of 9–13 December 2024 is set to be pivotal for investors and traders, with significant economic data releases and central bank decisions poised to influence global financial markets. Key events include the U.S. Consumer Price Index (CPI) report, which will provide insights into inflation trends and potential Federal Reserve policy adjustments. The European Central Bank (ECB) is anticipated to announce a rate cut, reflecting ongoing economic challenges in the Eurozone. Additionally, the Reserve...