... in China toward gas and RES, global coal demand will begin to decline slowly starting from 2026. For now, the coal sector provides near-record levels of electricity generation worldwide, remaining a vital component of energy supply. Oil Products and Refining: Market Contrasts and Stabilization Measures Oil product markets around the world are developing differently. In Russia, authorities recently took an unprecedented step to stabilize fuel prices. From August 1, a temporary full ban on the export ...

... Investment Focus Areas: Field Development and Modernization: Romashkin Oil Field: TATNEFT continues to invest in one of Russia's largest oil fields by implementing modern extraction methods to enhance efficiency and increase production volumes. Oil Refining and Petrochemicals: TANEKO Complex: The company is allocating significant funds to expand and modernize the TANEKO refining complex, which allows for a deeper processing of oil and the production of high-quality petroleum products. Environmental ...

... transition to clean energy continues to accelerate and China’s economy shifts towards gas and RES. However, currently, the coal sector maintains near-record levels, providing a significant part of electricity generation worldwide. Petroleum Products and Refining: Regional Contrasts The petroleum products market is developing differently across regions. In Russia , authorities have taken an unprecedented step to stabilize gasoline prices domestically. On July 28, the Russian government officially announced ...

... major oil companies and international trade. Amid this geopolitical tension, global oil prices have decreased, while fuel companies assess production prospects under the OPEC+ agreement. Russia continues to impose restrictions on the export of refined oil products to maintain stability in the domestic fuel market. Meanwhile, Europe is ramping up gas reserves in preparation for winter, and a return to coal has been observed in the global energy sector amid rising prices and demand. Below are ...

... of the warm season. Kaufman added that retail price increases remain moderate, with annual growth expected to stay below 6–7%. The upcoming return of Nizhny Novgorod and Syzran refineries from maintenance is expected to cool wholesale prices as refining levels peak in July-August. However, if this recovery is delayed, a quick return to export bans is likely. Conclusion No experts interviewed foresee a decline in retail fuel prices, citing the absence of conditions such as falling oil prices ...