... reducing gasoline and diesel production. Additionally, certain major players, as determined by the Federal Antimonopoly Service (FAS), significantly decreased fuel sales on the exchange. In particular, the FAS initiated a case against a subsidiary of Gazprom for reducing sales of AI-92 gasoline by 74% and AI-95 by 50% in late spring, which may have triggered shortages and price spikes in the market. The Russian government, in collaboration with oil companies, swiftly implemented a set of measures ...

... new restrictions on Russian gas imports in an effort to finally reduce dependence on shipments from the RF. While fully abandoning Russian gas supplies in the short term is challenging (some countries, such as Hungary, still heavily rely on gas from Gazprom under long-term contracts), building substantial reserves and diversifying sources has notably strengthened Europe’s position as winter approaches. Russian Fuel Market: Export Ban and Price Stabilization The internal market for petroleum products ...

... approaching retirement age who aim to preserve their savings. On the international stage, renowned companies such as Apple, Coca-Cola, Johnson & Johnson, and Walt Disney fall into this category. In Russia, notable examples include Sberbank, LUKOIL, Gazprom, Novatek, Rosneft, Yandex, Tatneft, Surgutneftegaz, MTS, X5 Retail Group, and Magnit.

... last few years have brought numerous challenges for global oil and gas companies. However, Russian representatives in the sector have managed to navigate this period commendably. In a recently published report by Boston Consulting Group (BCG), Lukoil, Gazprom, Tatneft, Novatek, and Surgutneftegas were among the top ten companies delivering the highest returns to shareholders, with Finnish company Neste leading the pack. At the same time, S&P's ratings have revised the investment outlooks for major ...

... key factor was the increase in gas supplies to Europe, which ultimately led to an increase in gas production," he noted. Referring to data from the European Network of Transmission System Operators for Gas (ENTSOG), the expert clarified that Gazprom's average daily exports to the European Union (EU) in the first eight months of 2024 grew by 35% year-on-year, reaching 97 million cubic meters per day compared to 72 million cubic meters per day in January–August 2023. This figure includes ...