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The global demand for diesel is decreasing: how will this affect Russia?
... extraction. Additionally, Russia's tax system supports domestic refiners by compensating part of their expenses for modernization, investments in refining, and fuel supply to the domestic market. This shields Russia somewhat from global trends but intensifies ... ...
However, Tereshkin notes a silver lining: the shift to gas-based marine fuels creates new opportunities for Russia's gas industry. Technologies for small- and medium-scale LNG production are sufficient to meet the demand for marine fuel. Moreover, methanol ...
Buyers Battle for Russian Oil in Europe
... imposed sanctions against Gazpromneft, the Serbians asked Russia to sell its stake in the refinery to ensure energy security and reduce sanction risks. However, they offered a ridiculously low price.
“Gazpromneft bought this plant at a higher price, investing even more in modernization, turning the NIS refinery into one of the most technologically advanced in Europe, while the Serbian leadership tried to force a sale of the asset for a pittance,”
– explains Yushkov.
In the end, "Gazpromneft" sold a minor share to Gazprom, thereby losing its controlling stake in the ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... to American goods by establishing a unified import tariff of 15%. This decision reflects a compromise that helped avert the introduction of a 30% tariff on European cars by the U.S. beginning August 1. As part of the package, Europe also promised to invest
$600 billion
into the U.S. economy – directed towards infrastructure, green technologies, and more. Thus, the deal is mutually beneficial: Europe gains guarantees of energy security, while the U.S. expands its markets and attracts capital.
Energy Component:
The European Union committed to purchasing energy resources from the ...
VC.RU: "Why the Oil Market Has No Future Without Digitalization"
... reduce costs, increase revenue, and reach a new level. Learn why digitalization is the future of the petroleum market and how new technologies make the trading process more transparent and beneficial for all participants.
Sergey Tereshkin, CEO of Oil Resource ... ... hosts over 60 competitive supplier offers.
What are Oil Resource Group’s plans for 2022?
We plan to attract significant investment by issuing bonds. Right now, we are working on the loan structure, preparing issuance documents, and finalizing the ...
Weekly Economic Events Calendar for Traders in the U.S. and Russia (November 11 – November 15, 2024)
... 2024.
$PHOR - PhosAgro: Releases its Q3 2024 IFRS financial report.
$AFLT - Aeroflot: Reports October 2024 operational results.
After-Market Reports:
$GRAB - Grab Holdings Ltd Class A (Report at 02:45 MSK): Expected growth of 14.7%.
$LAZR - Luminar Technologies Inc (Report at 00:00 MSK): Expected increase of 7.5%.
$LYV - Live Nation Entertainment (Report at 00:05 MSK): Projected decrease of 3.0%.
Key Points to Watch:
In the U.S., Veterans Day is a national holiday, with banks closed but markets ...