Found: 236

Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban

... storage filling for another two years to maintain high reserve levels for future winters, and discussions on potential new restrictions on Russian gas imports are underway at the political level. Russian Fuel Market: Export Ban and Price Stabilization The domestic market for oil products in Russia is experiencing a tense situation this summer, driven by a rapid increase in prices for gasoline and diesel fuel. In July, exchange prices for automotive gasoline at the Saint Petersburg International Commodity and Raw ...

Where does Gazprom invest?

... of the company's largest projects, providing gas supplies to the markets of Japan, South Korea and other Asia-Pacific countries. 4. Gas processing plants Gazprom owns a number of processing plants that produce gas chemical products used both on the domestic market and for export. Orenburg Gas Processing Plant: One of the largest in Russia, the modernization of which allows for an increase in gas processing and the production of petrochemical products. Urengoy Condensate Processing Plant: A leading manufacturer ...

Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled

... fuel prices. As of August 1, a temporary total ban on the export of automotive gasoline for all companies, including major producers and refineries, is in effect until August 31, 2025. This emergency measure is designed to prevent fuel shortages in the domestic market and curb surging prices during the peak summer demand (holiday season and harvest campaign). Previously, restrictions applied only to traders and small refiners, but by the end of July wholesale gasoline prices had hit historical highs, forcing ...

The Central Bank of Russia acquires the Saint Petersburg Currency Exchange: goals, consequences and prospects

... will prevent sharp fluctuations in exchange rates; Additional opportunities for implementing financial policies aimed at stabilizing the ruble and supporting the national economy; A sustainable infrastructure for managing currency flows and protecting domestic market participants from external risks. Why did the Central Bank do this? In the context of sanctions pressure and restrictions on the international market, the Central Bank needs to maintain access to currencies to meet the needs of the economy and ...

Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter

... stabilize domestic fuel prices. As of July 30 , a temporary full export ban on gasoline for all companies, including major producers and refineries, will be in effect until August 31, 2025. This emergency measure aims to prevent fuel shortages in the domestic market and reduce the price surge during peak summer demand (holiday season and harvest campaigns). Previously, restrictions were limited to traders and oil depots; however, wholesale gasoline prices had reached new highs by the end of July, prompting ...