... in barrel prices, significantly impacting the sector. Most taxes from the industry are paid based on the volumes of crude oil extracted, with its price determined in dollars and converted to rubles. Therefore, without subsidies, oil companies cannot contain ... ..., short-term price fluctuations may be natural, especially during peak demand seasons, explains Mark Shumilov, an analyst in resource sectors at Renaissance Capital. This amounts, at worst, to a temporary loss of around 5% of the total gasoline output ...

... the energy transition is reaching new heights but requires a delicate balance between “green” technologies and traditional resources. Coal: Stable Demand Amid Moderate Prices Despite the vigorous development of renewable energy, the global coal market ... ... China, the world's largest consumer and producer of coal, in 2025 is burning coal at levels close to record highs. Chinese mines extract over 4 billion tons of coal annually, barely sufficient during peak load periods (for instance, during hot summers with ...

... on the economy. Manufacturing enterprises with significant transportation costs or owned vehicles (such as construction and extraction companies) also face rising cost bases. Thus, high gasoline and diesel prices affect a wide range of sectors, increasing ... ... and on the other, demand for coal remains high in Asia. For Russia, coal remains a significant export item and an important resource for thermal energy. Coal prices have been volatile in recent years, but for the domestic market, fuel coal remains relatively ...

... concentration of wealth and opportunity in the hands of a small group of people. 4. Environmental consequences: Ignoring environmental standards for profit: companies can bribe officials to circumvent environmental requirements. Illegal logging and extraction of natural resources: corruption contributes to the predatory exploitation of natural resources. Pollution: Corrupt businesses may ignore environmental standards. Fighting Corruption Many countries and international organizations are making efforts to combat corruption....

... Investments in 2023: 265 billion rubles Investments in 2022: 226.7 billion rubles Key Investment Directions: Oil Production and Extraction: Fields in Western Siberia: Surgutneftegas actively invests in the development and operational management of fields ... ... including the Priobskoye and Fyodorovskoye fields. These projects aim to maintain stable production levels and expand the company's resource base. Transportation and Oil Refining: Upgrade of Pipeline Infrastructure: The company is investing in the renewal and ...