Found: 294

Where is X5 Group investing?

... accelerates the transition to a modern economy. The company's environmental initiatives support sustainable development and environmental protection. Impact on Investors: Revenue Growth: Investments in store expansion and modernization drive increases in sales and profits. Business Diversification: The development of online retail and financial services reduces dependence on traditional retail. Sustainable Development: Environmental initiatives and social responsibility enhance the company's appeal for ...

How Russia will triple LNG production under sanctions

... exports have been blocked by U.S. sanctions. These restrictions apply to all new Russian LNG projects, effectively halting exports from new facilities. Western nations had already banned the supply of LNG technology and equipment to Russia; now, the sale of gas itself is also prohibited. This has cast significant doubt on Novak’s previously announced plans. However, Kept analysts Translated using ChatGPT Source: https://vz.ru/economy/2024/10/15/1292433.html

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

.... 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 of extracted resources but on the revenue from their sale minus production and transportation costs. The introduction of AIT coincided with a major tax maneuver launched in 2019, which was no coincidence. The Ministry of Finance aimed to bring additional funds into the federal budget by gradually zeroing ...

What caused the outpacing increase in the price of AI-98 gasoline

... mechanism does not include AI-95 and AI-98, which gives oil companies little incentive to limit price increases for these grades. Additionally, trading liquidity for AI-98 on exchanges is significantly lower than for AI-92. As a result, the primary sales channel for AI-98 consists of direct shipments from refineries to oil depots and gas stations, bypassing the exchange. This leads to lower competition in the AI-98 distribution chain compared to AI-92, contributing to the accelerated price growth....

An expert assessed the risks of a decline in oil prices.

... mineral extraction tax (MET) on oil and the additional income tax (AIT), which accounted for 68% and 15%, respectively," said the source. The first tax mainly depends on the volume of oil production, while the second depends on revenue from oil sales, minus extraction and transportation costs, the expert explained. According to current OPEC+ plans, Russia's oil production quota should increase by the end of next year from the current 8.98 million barrels per day to 9.21 million barrels per day....