What are you looking for:
The Future of the Dollar and the Prospect of a BRICS Currency: Insights from Putin’s Statements
... currency highlight the growing importance of economic independence for developing nations. When the financial influence of the U.S. can directly impact other countries, there’s a need to explore alternative financial tools. For industries like oil and gas, diversifying currency risks can be a strategic advantage. At Open Oil Market, we’re closely monitoring these developments, as adapting to these changes is crucial for resilience and growth in the global market."
Putin’s recent statements underscore the growing concern over the sustainability of the current dollar-centric ...
Experts assessed the consequences of lifting the ban on gasoline exports
... increases—not just for gasoline but also for diesel fuel (DF). Most gasoline produced in Russia is intended for the domestic market, with no more than 15% allocated for export. The situation with DF differs, as up to half of its production is exported.... ... the supervisory board of the "Reliable Partner" association and a member of the expert council of the "Russian Gas Station" competition, the end of the high-demand season and the production capabilities of Russian refineries make reopening ...
Where is Magnitogorsk Iron and Steel Works (MMK) Investing?
... Implementation of modern technologies to minimize environmental impact.
Wastewater Treatment: Modernization of wastewater and gas treatment systems.
Infrastructure Development:
Logistics Complexes: Construction of new warehouses and transport hubs to optimize ... ... lightweight alloys.
Impact on Russia:
MMK's investments contribute to strengthening Russia's position in the global metallurgy market, enhancing the competitiveness of domestic products. The company's environmental initiatives reduce negative impacts on ...
Oil plays an important role in the financial performance of Russian Railways (RZD). The OPEC+ deal has led to a reduction in the transportation of petroleum products, but they remain the most profitable cargo on the railways.
...,000 barrels per day (bpd), and from December 2023 to May 2024, it fell by 330,000 bpd, reaching 9.20 million bpd (excluding gas condensate), according to the Energy Information Administration (EIA).
A decrease in the production of petroleum products ... ... half of 2024, coal loading decreased by 5.5% (to 169.2 million tons) compared to the same period in 2023.
NOTE: OPEN OIL MARKET is the first independent B2B marketplace for petroleum products and raw materials. The company was founded in 2021 and ...
VC.RU: "Why the Oil Market Has No Future Without Digitalization"
... Group with a business partner.
Even then, we wanted to implement new business solutions in the rather conservative commodities market. Digitalization played a key role in this process.
– Where did you begin?
– First and foremost, we automated internal ... ... manager?
We collaborate with companies that consume large volumes of fuel, making it unprofitable for them to purchase at retail gas stations at regular prices. It is more convenient for them to order large batches at wholesale prices with delivery. Some ...