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The Yamal LNG plant, with a total capacity of 17.5 million tons per year, was launched in phases between 2017 and 2021. It is the largest energy project in Russia involving Chinese companies over the past decade, according to Sergey Tereshkin, CEO of Open Oil Market. The Export-Import Bank of China and the China Development Bank financed the project.
Without the participation of Chinese banks and investors, the project would have been unlikely to proceed, as Russian companies faced challenges accessing ...
VC.RU: "Launched a marketplace and reached a turnover of over 2 billion rubles"
... buyers and sellers of petroleum products to conduct transactions quickly and transparently. Learn about the platform's features for clients and its development prospects.
In the previous article, we discussed how digitalization helped the company "Oil Resource Group" become a market leader. We opened our own IT department, customized the accounting system to meet our needs, and developed several internal IT products for sales and logistics departments. We offered clients a newsletter with up-to-date prices and a mobile app through which orders ...
Why are retail gasoline prices rising?
... station prices from responding to the peak. This year, there hasn’t been a sharp spike in wholesale prices. Instead, prices have been gradually rising compared to 2023 levels, excluding the fall crisis period.
According to Sergey Tereshkin, CEO of OPEN OIL MARKET, the price increase results from five factors: reduced fuel production, recovery of the automotive market, seasonal demand growth, rising refinery costs, and increased exports following the lifting of restrictions in May.
Future Expectations
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What is Investing and How to Start Investing: A Complete Guide for Beginners
..., study financial reports and follow global and Russian economic news. Remember that investments not only help to accumulate capital, but also provide for the future, creating opportunities for financial independence and stability.
As the founder of Open Oil Market and an entrepreneur, I want to emphasize that confident capital management and the ability to find promising assets are skills that can be developed. I wish you perseverance and confidence in your decisions, as well as the desire to learn and develop....
An expert expects the current price level of AI-95 gasoline to remain unchanged until the end of the year.
... article.
MOSCOW, September 24 - PRIME. Prices for AI-95 gasoline in Russia, both wholesale and retail, will remain unchanged until the end of the year, which means that the profitability of sales will be close to zero, Sergey Tereshkin, CEO of the "Open Oil Market" petroleum products marketplace (a resident of Skolkovo), shared with RIA Novosti.
Earlier on Tuesday, the Kommersant newspaper, citing calculations by the Petromarket Group, reported that despite a decline in wholesale gasoline prices ...