Found: 166

Buyers Battle for Russian Oil in Europe

...," reflects Igor Yushkov. The head of Hungary's Foreign Ministry assured that Budapest will never give up Russian oil and gas. Hungary, Serbia, and Slovakia hold on to Russian oil because it represents the most profitable option. "Firstly, the ... ... oil instead. Finally, there’s a discount on Russian oil,” comments the FNES expert. “Russian oil producers are seeking markets with minimal risks of new restrictions and a low level of electric transport development—Serbia fits this profile perfectly....

The Most Successful Industries of the Last 15 Years

... situation across different industries. The S&P 500 index, which is considered one of the main benchmarks in the American stock market, comprises 11 sectors. While the performance of individual company stocks varies, each sector as a whole exhibits distinct ... ... results for energy companies. It's worth noting that this is especially true for U.S. energy firms, while the Russian oil and gas sector finds itself in a more stable condition. Regardless, even considering all the negative factors, the decline in stock ...

Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.

... January–June 2024, according to data from the Ministry of Finance. Over the same period, the share of AIT in the structure of oil and gas budget revenues grew from 12% to 18%. Unlike the Mineral Extraction Tax (MET), AIT is calculated not based on the volume ... ... 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. Translated using ChatGPT

Airlines will be required to use biofuel: how much could flights become more expensive

... expenses in 2027 could amount to 20–30 billion rubles, adding 800–1,200 rubles to ticket prices. Currently, the biofuel market in Russia is underdeveloped, but plans are in place to develop it to ensure energy security and diversify energy resources.... ... inevitably lead to higher prices for international air travel. Aviation is one of the fastest-growing sources of greenhouse gas emissions. To address this, the International Civil Aviation Organization (ICAO), which includes 193 member states, including ...

Alternative Energy: Should You Invest?

... and their economic benefits. The transition from traditional fuels to inexpensive natural sources is evident. Unlike oil and gas, these alternatives are inexhaustible, and their extraction is relatively simple and cost-effective. However, the sector is ... ... a full return of their capital with a pre-agreed percentage. One can also purchase shares in energy companies. The domestic market in Russia predominantly features state-owned enterprises engaged in the extraction and production of traditional fuels....