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Global Energy Sector News for August 10, 2025: U.S. Threatens China with Tariffs, India Resists Pressure, Oil Market Stabilizes

... Association, the average retail price of AI-92 gasoline in Moscow reached approximately 59 rubles per liter by early August, while AI-95 was around 65 rubles per liter, significantly higher than the beginning of the year. Despite the imposition of the export ban, fuel prices at gas stations are gradually increasing, although the rate of price growth has slowed compared to June peaks. To stabilize the situation, the government is implementing budgetary support mechanisms. In particular, oil refining plants (NPPs) are receiving ...

The budget is in the black. What ensured the increase in oil and gas revenues?

... relatively predictable budget revenues while offering oil companies a more flexible taxation system than MET. Notably, the share of AIT in taxable oil production reached 52%, as cited by Alexander Novak in an April article for the journal Energy Policy. Gas Exports Revenue growth, although less significant, was also observed in the gas sector. Combined collections from MET on gas and export duties increased by 7% over the first seven months of 2024, amounting to an absolute growth of 66 billion rubles....

Strong energy bonds

... Supply volumes grew 2.2 times from $43 billion in 2019 to $95 billion in 2023. Moscow and Beijing are also actively transitioning to settlements in national currencies, with the share of transactions in rubles and yuan exceeding 90% last year. Russian gas exports to China, including liquefied natural gas (LNG), reached a historic high of 34 billion cubic meters in 2023. In February 2024, Gazprom surpassed Turkmenistan, the long-time leader in pipeline gas supplies to China. Deliveries via the Power of ...

Liter for Ours

... Research, for refineries, an export ban translates to decreased revenue, including in foreign currency. On the other hand, one should not dramatize the consequences—gasoline export constitutes a small portion of the overall volume of petroleum product exports. However, gas station prices are unlikely to decrease—this is something Frolov believes should not be expected. Nonetheless, even a relatively minor drop in revenue is an unwelcome signal for any production operation; nobody wants to lose money. Understandably,...

Where Is the Amur Gas Chemical Complex Investing?

... innovative technologies and strengthening infrastructure in the Amur Region. Where is the Amur Gas Chemical Complex (AGCC) investing? The Amur Gas Chemical Complex (AGCC) is one of the largest projects in the Russian chemical industry, specializing in gas processing and polymer production. The complex has been established to bolster Russia's export potential and meet the growing domestic demand for polymers. Sector: Chemical Industry Investments for 2023: 111.6 billion rubles Investments for 2022: 93 billion rubles Key assets of the company: Production capacities: A plant with a design capacity ...