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Where Does Slavneft Invest?
... materials and products.
Expansion of Export Capabilities: Development of port infrastructure to increase volumes of petroleum product exports.
Digitalization and Automation:
Implementation of Digital Technologies: Use of production management systems and data analytics to optimize processes.
Automation of Production: Application of robotic complexes to enhance safety and efficiency in operations.
Social Projects:
Development of Presence Regions: Investments in social infrastructure, education, and healthcare ...
An expert predicted a rise in oil prices due to a reduction in production in Libya.
... supply. For comparison, in July 2024, Libya's oil production amounted to 1.14 million bpd," the expert clarified.
He noted that the dynamics of oil production in Libya will affect the overall balance of the oil market. The expert referred to data from the Energy Information Administration (EIA), which showed that global demand for oil, gas condensate, and other liquid hydrocarbons in Q2 2024 exceeded production by 720,000 bpd.
"Due to the shortage on the global market, commercial ...
DVMP's financial statements under RAS for 9M2024, please comment.
... statements for the first 9 months of 2024 shows a significant deterioration in key indicators. The company's revenue decreased by 22%, the net loss amounted to RUB 2.15 billion, and the cost of sales continues to grow, leading to negative gross profit. These data indicate the financial difficulties the company is facing and the possible need to revise its strategy. This review also considers key aspects that investors should pay attention to: revenue dynamics, cost, expenses and external factors affecting ...
Return of Western Brands to Russia: Forecasts and Implications for Business
... President of the Russian Federation, Dmitry Peskov, emphasized that the return of Western brands is a natural market process, and competition between Russian and international companies will benefit consumers.
Economic and Business Prospects
According to data from Kokoc Group, around 350 foreign companies may return to Russia by 2025. This will create new job opportunities, increase tax revenues, and provide consumers with greater diversity in goods and services. However, Russian businesses will need ...
An expert assessed the impact of increased gas exports on the Russian budget.
... will be extended, influenced by the European consumers' interest in stabilizing the gas market and the high dependence of Austria and Hungary on Gazprom's supplies," concluded the CEO of OPEN OIL MARKET.
Earlier the same day, Vedomosti, citing data from Gazprom and the European Network of Transmission System Operators for Gas, reported that Russian gas exports to Europe (EU countries and Moldova) via pipelines increased by 17% year-on-year in January–September 2024, reaching 23.7 billion ...