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An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
... 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, CEO of the oil products and raw materials marketplace ...
Eni has started supplying oil from Kazakhstan via the Druzhba pipeline.
... for Kazakhstan; however, the use of Druzhba is necessary due to the need to bypass infrastructure limitations. He also emphasized that oil production in Kazakhstan has decreased by 50,000 barrels per day from December 2023 to July 2024, which could impact the achievement of supply targets through Druzhba this year.
The Kazakh company "Agip Caspian Sea," a subsidiary of the Italian Eni, has started supplying Kazakh oil to Germany through the Druzhba pipeline. This was reported to Vedomosti ...
An expert outlined the consequences of the recovery of the car market in Russia.
... demand for automobiles and seasonal factors contribute to higher prices for gasoline and diesel fuel. Tereshkin also notes that it will take about six months to fully restore pre-crisis sales levels of new cars. Additionally, the article examines the impact of government measures, such as extending the permission for gasoline exports, on the fuel market situation.
MOSCOW, July 4 - PRIME. The rise in fuel prices at Russian gas stations is attributed to the recovery of the automotive market in the ...
Financial results of Cherkizovo Group for 9 months of 2024
... the same period last year.
Financial market
Adjusted operating profit: RUB 15.3 billion, an increase of 56.5%.
Adjusted EBITDA: RUB 22.2 billion, an increase of 39.4%.
Net profit: RUB 9.8 billion, an increase of 28.3%.
Analysis of indicators and their impact on the company:
Revenue: Revenue growth of 16.6% indicates an increase in demand for the company's products and the effective implementation of the sales strategy. The increase in revenue has a positive effect on the overall profitability and financial ...
U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?
... an energy supply crisis, particularly during the winter months when resource consumption peaks. However, the temporary nature of this authorization indicates a cautious approach, leaving room for the potential tightening of sanctions in the future.
Impact on the Russian Energy Sector
Stability of Export Transactions:
For Russia, this will allow major energy companies to continue exporting in a normal manner, reducing risks associated with banking operations.
Currency Flows:
Maintaining currency ...