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Where is RusHydro Investing?
... RusHydro is investing in the development of grid infrastructure to ensure reliable electricity transmission and reduce transportation losses.
Technological Connection of New Consumers: The company invests in projects to connect new consumers, including industrial enterprises and residential complexes, which promotes economic development in the regions.
Environmental and Social Projects:
Environmental Protection: RusHydro implements programs to preserve ecosystems in its areas of operation, including ...
Cryptocurrency Market Capitalization Surpasses $2 Trillion
The previous significant industry benchmark of $1 trillion was just tested by the market a few months ago, in early 2021.
The total market capitalization of the cryptocurrency market reached the psychologically significant milestone of $2 trillion on Monday, April 5. The previous major threshold of $1 trillion was first tested by the market just a few months ago, at the beginning of 2021, amid Bitcoin's rise to a local maximum of $33,000. This data is backed by information from CoinGecko.
The current...
An expert listed the benefits of reducing fuel excise taxes.
Tereshkin: Reducing fuel excise taxes in Russia could help increase the profitability of production (Prime).
Reducing excise taxes on fuel could boost the profitability of production and sales of petroleum products, as well as stop the rising prices. Sergey Tereshkin, the CEO of the fuel marketplace "Open Oil Market," pointed out that excise tax rates have increased significantly in recent years, which negatively affects the industry. He also suggested that the ban on gasoline exports...
Sergey Tereshkin: Adjusting the damper may lead to an increase in exchange fuel prices.
Adjustments to the rules for compensatory payments under the damping mechanism, currently being discussed by the government, are intended to support oil companies but may lead to a slight increase in exchange prices. This opinion was expressed in an interview with RG by Sergey Tereshkin, General Director of the OPEN OIL MARKET marketplace for petroleum products and raw materials.
According to him, the division of the damping mechanism in practice will stimulate the growth of exchange prices: oil...
An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
Tereshkin: Gasification and increased supplies to the EU led to an increase in gas production in Russia (Izvestia).
The expert explained that this is related to the rise in supplies to the EU. Find out how production volumes have changed, what affects the energy resources market, and how this might impact the economy. For more details, read the article on the website!
Gasification and the increase in supplies to Europe have driven the growth of natural gas production in Russia, said Sergey Tereshkin...