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Not Much Fire: Why the Government Banned Gasoline Exports
... with an oil refining capacity of 21 million tons per year. The plant has always been a major exporter and producer of gasoline. According to Titov, scheduled repairs began at the facility in July. "While the plant is under repair, it won't incur losses from the export ban, and on the other hand, there needs to be some way to add gasoline to the domestic market, especially because of the repairs at 'Kirishin' [KINEF]. Thus, the export ban was implemented for one month," says Titov. KINEF ...
Why is the rise in fuel prices at gas stations accelerating despite the decrease in stock exchange prices?
... excise tax growth, the expert notes.
Gusev does not expect price increases in January but believes they are likely in February-March, when demand will begin to revive. An increase in the tax burden always affects prices. The only way to compensate for losses is to raise prices. According to him, 90% of the price growth at gas stations is due to the rising fiscal load on the industry. He believes it is time to reconsider the formula for retail price growth, not just to match inflation, but also to account ...
The Harshest Package: What the New EU Sanctions Mean for Russia
... "Or they will find buyers elsewhere in the world."
Nord Streams
The ban on the use of the Nord Streams has minimal impact, as they are not utilized for deliveries to Europe following the September 2022 sabotage, thus Gazprom has incurred no losses, believes Tereshkin from Open Oil Market. Sanctions against the Nord Streams are more of a political declaration, as these pipelines primarily benefited Germany, which planned to develop its gas hub, not Russia, argues Shevyrenkov from IEF.
There ...
"Rambler: 'Oil Business: The Story of the Founder of the Fuel Company Oilresurs'"
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– You’ve achieved a lot in your profession. Has success and money changed you? If so, what kind of person have you become?
– I changed drastically when I took part in the director's practicum at Skolkovo. I hadn’t yet recovered from the loss of my business, and the course had a big impact on me, it changed me. I started to value time, protect it, and not waste it on trivial matters. If there's a question, you need to answer it substantively. If there’s a task, it needs to be solved ...
Where Does the Russian Copper Company (RCC) Invest?
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Karabashmed (Chelyabinsk Region): Produces cathode copper and copper alloys, actively modernizing to reduce emissions and enhance energy efficiency.
Concentration Plants
Equipped with modern technology to increase the yield of non-ferrous metals and minimize losses.
Digital technologies are employed for monitoring and managing production processes.
Research and Development Centers
Focused on the development of innovative ore processing technologies and improving environmental standards.
Research activities ...