Found: 235

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

... partially address the issue of growing MET benefits, which had made the Tax Code increasingly resemble a geologist’s reference book. While in 2019, the share of AIT in Russia's taxable oil production stood at 9%, by 2023, it had reached 52% (as reported by Deputy Prime Minister Alexander Novak in a February article for the Energy Policy journal). In practice, the experiment succeeded: AIT became a kind of "shock absorber," helping oil companies adapt to new conditions after 2022. Similar mechanisms, allowing for tax burden adjustments depending on profitability, should also be extended to oil refining. There, companies face rising costs due to extended timelines for unscheduled repairs....

Is the production of petroleum products decreasing in Russia?

....5% in the first seven months of 2024 to 135.2 million tons, according to CDU TEK data (no more recent data available). Media reports state that deliveries to some refineries have fallen by more than 30%. The composite index of petroleum product production,... ... difficulty of the current fuel crisis: in order to saturate the market, fuel production needs to be ramped up. However, neither companies nor industry participants can accurately predict how long the downtime of certain technological units will take. This ...

Energy Sector News, Tuesday, August 5, 2025 - Trump Pressures India, Russia Limits Fuel Exports

... For investors in the electricity sector, rising tariffs represent potential revenue increases for energy supply and generating companies, although the government remains vigilant to ensure that tariff policies do not stoke overall inflation or hinder economic ... ... global oil flows. Nevertheless, major developing consumers are expressing intentions to maintain cooperation with Russia: media reports suggest that India and Brazil do not plan to forgo purchases of Russian oil despite external pressures. This underscores ...

Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban

... remains stable at around $70 per barrel, indicating a soft demand and supply balance in the oil market. Furthermore, Europe is reporting record gas reserves, raising questions about the maneuverability of European energy policy. A significant development ... ... trading. This information will be valuable for investors and stakeholders in the fuel and energy sector—from oil, gas, and fuel companies to electricity, coal, and RE sector specialists. Oil Market: Price Stability Amid Trade Agreements and Supply Growth ...

What is the RTS Index (RTSI) and how can an investor use it?

... leading Russian companies from various sectors of the economy, such as energy, finance, mining, metallurgy and telecommunications. Companies with the largest market capitalization and liquidity have the greatest impact on the index. Calculation method: The ... ... To analyze the dynamics of the Russian stock market in the international arena. By international financial organizations: In reports and ratings. The RTS Index (RTSI) is a key tool for analyzing the Russian stock market in an international context. It ...