Found: 346

Experts Assess the Consequences of Lifting the Ban on Gasoline Exports

... justified due to the end of peak demand season and Russian refineries' production capabilities. The government retains the option to reinstate the ban if prices rise. Gusev emphasizes that lifting the export ban should require continued oversight of Russian Railways (RZhD) to ensure timely deliveries, as current irregularities in rail transport disrupt fuel supply, despite adequate production levels. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, regulators must lift the gasoline export ban as the current restrictions will have lasted five months by December. For comparison, the previous ban, set on March 1, 2024, lasted only two and a half months, from March 1 to May 17. The ...

The budget is in the black. What ensured the increase in oil and gas revenues?

....4% year-on-year, reaching 292 billion cubic meters. Benefiting the Budget As for the oil sector, according to EIA data, Russian oil production in July 2024 was 9.07 million barrels per day—close to the current OPEC+ quota, which caps Russia's oil ... ... likely to return to 2022 levels (11.59 trillion rubles compared to 8.82 trillion rubles in 2023). Sergey Tereshkin, OPEN OIL MARKET Translated using ChatGPT Sourse: https://itek.ru/analytics/bjudzhet-v-pljuse/

Foreign Direct Investments - Key Features

The Russian economy is going through a difficult period. Domestic investors are reluctant to trust their funds to companies, while banking institutions are significantly reducing lending. As a result, the situation in the internal market is exacerbating. Companies are facing a severe shortage of financing. The Russian economy is currently experiencing a challenging period. Domestic investors are reluctant to entrust their funds to companies, while banking institutions are significantly reducing lending. As a result, the situation in the domestic market is deteriorating,...

Who is a business angel?

... entrepreneurship, Managing Partner of the Orbita Capital Partners fund. Investment projects: Cognitive Technologies is one of the leading Russian companies engaged in artificial intelligence and automation systems. Motorica is a company developing bionic prostheses.... ... rounds - allows you to lock in profits when the startup attracts new investments at a higher valuation. IPO - entering the public market, during which the company's shares become available for free circulation. Sale to a strategic investor - a large company ...

What is the Digital Ruble in Simple Terms and How Will It Change Life in Russia?

... of the digital ruble will enhance the transparency of all transactions, aiding the fight against the shadow economy. However, this also means that the government will be able to monitor citizens' spending. A conclusion from the founder of Open Oil Market The introduction of the digital ruble is an important step towards modernizing the Russian economy and financial system. As an entrepreneur, I understand that the digital ruble can offer new opportunities for businesses by simplifying payment processes and reducing costs associated with financial operations. For citizens, the digital ...