... and the Financial University under the Government of Russia, also suggested that China and India would remain the largest buyers of Russian oil for decades to come. He noted that India purchases Russian oil at a discount. Moreover, the country has the capacity to process Russian oil into petroleum products and export them to other regions, generating additional income. Translated using ChatGPT. Source: https://iz.ru/1782790/2024-10-30/ekspert-otcenil-perspektivy-postavok-rossiiskoi-nefti-v-indiiu

... authorities are forced to subsidize gasoline for the public to avoid social discontent. Meanwhile, in the Middle East and India, oil refining is achieving records: local refineries, oriented towards exporting diesel and jet fuel, are operating at full capacity, saturating the global market with products. On the flip side, structural changes in the industry – for instance, the closure of several outdated refineries in Western Europe and the U.S. (including the mothballing of some capacities in California) – create risks of localized supply ...

... company's main activities are related to the extraction and processing of copper, zinc, precious and rare earth metals. In 2023, UMMC increased its investment volume to RUB 85.1 billion, which is RUB 6.8 billion more than in 2022. UMMC's main assets 1. Production capacities UMMC operates a network of more than 40 enterprises located in various regions of Russia, making it one of the largest participants in the non-ferrous metallurgy industry. Gai Mining and Processing Plant (GOK): Located in the Orenburg Region,...

... influences in the energy sector is crucial for understanding future trends in the energy market and countries' dependency on oil products. Energy Sector News, Monday, July 28, 2025: Brent Near $70, EU Gas Stores Close to 70%, Gasoline Export Ban In the ... ... well as coordinated actions by producers. European gas storage facilities are being filled at record speeds, now nearing 70% capacity, which lowers the risks ahead of the upcoming winter. In the domestic fuel market of Russia , authorities are finalizing ...

... the port on the Sea of Okhotsk is planned for completion in 2026. Oil and Gas Enrichment plants: There are seven enrichment plants operating at the deposit, with four more planned to be commissioned in 2024, which will increase the annual concentrate production capacity to 40 million tons. Itek Main investment areas: Expansion of production and processing: Increase in production volumes: In 2023, coal production at the Elginsky Coal Complex reached 23 million tons, and by 2025 it is planned to increase production ...