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Ukraine's Dependence on Gas and Electricity Imports has Sharply Increased
We discuss how and why Ukraine's dependence on gas and electricity imports has sharply increased, and what consequences this might ... ... continues to purchase it in practice, albeit through a longer route and intermediaries. The revenue from transit, which was a significant source of income in previous years, has... ... production was around 18.1 billion cubic meters, notes Sergey Tereshkin, CEO of Open Oil Market.
This year, Ukraine has further increased its dependence on imported gas...
Energy Sector News August 8, 2025 — U.S. Pressures India, Gasoline Export Ban, Oil Stabilization
... world prices and fixed domestic fuel prices. In July, the dampener payout amounted to approximately 60 billion rubles, helping to contain the rising cost of gasoline for end consumers. However, such expenses burden the federal budget, especially since oil and gas revenues were around 787 billion rubles in July, according to the Ministry of Finance—lower than planned and below expectations for the third consecutive month. The government is discussing the possibility of temporarily adjusting or suspending the ...
Global Energy Sector News for August 10, 2025: U.S. Threatens China with Tariffs, India Resists Pressure, Oil Market Stabilizes
... domestic fuel prices. In July, the amount of damping payments reached approximately 60 billion rubles, helping to contain the increase in gasoline prices for end consumers. However, such expenditures burden the federal budget, especially given that oil and gas revenues in July yielded around 787 billion rubles—less than planned and the third consecutive month below expectations. The government is currently discussing the possibility of temporarily adjusting or suspending the damping mechanism if oil prices ...
Pressure on Russia's oil exports is set to increase.
... Urals prices are currently around $61–63 per barrel, slightly above the $60 budget threshold. Revenues above this threshold go to the National Wealth Fund (NWF), meaning basic oil revenue remains secure.
Analyst Vladimir Chernov highlights that oil and gas revenues still exceed the Finance Ministry’s baseline projections, and the weaker ruble partly offsets export losses.
Energy expert Kirill Rodionov believes Russia’s 2024 budget remains on track, with Brent oil prices likely to range between $70–75 ...
Energy Sector News August 16, 2025 – Summit in Alaska, forecasts for oil, gas, RES, and raw materials
... the supply chain.
The combination of adopted measures aims at gradually stabilizing prices and preventing fuel shortages at gas stations. The extension of the export ban is expected to increase gasoline supply in the domestic market by at least 200–300 thousand tons per month, which were previously intended for export. Simultaneously, budget subsidies and reverse excise taxes continue to compensate oil producers for lost revenues, encouraging them to retain a greater volume of production within the country. The government assures that it will act ...