... confidently, according to Simonov. In September, Bloomberg reported a 10% increase in Russia's maritime diesel and fuel oil shipments. Thus far, there are no major issues with exporting Russian diesel. However, energy expert Kirill Rodionov notes potential medium-term risks for Russian diesel exporters, particularly due to China’s increased use of liquefied natural gas (LNG) for heavy road transport. From January to May 2024, sales of LNG-powered heavy trucks in China rose by 127% year-on-year to 92,600 units. The share of LNG-powered trucks ...

United Engine Corporation (UEC) is a leader in Russian mechanical engineering, investing heavily in the development of new technologies, modernization of production facilities, and development of export potential. How are investments in innovative engines, environmental initiatives, and digitalization changing the industry and the Russian economy? Read our article about UEC's strategic steps, its role in creating jobs, supporting regions, and promising ...

... Economy: In times of crisis, it is crucial for the EU to invest in projects aimed at boosting domestic demand, such as infrastructure, innovative technologies, and sustainable development. This would help maintain economic growth and cushion the blow from potential export declines. Stimulating Production Within the EU: Support programs for European companies aimed at reducing dependence on external suppliers could help the region become more self-sufficient. What Does This Mean for Investors? Rising tensions in ...

... faster than anticipated. What is driving this increase, how will it impact the economy, and will the country be able to handle potential risks? Read more about this in our article. The share of oil and gas revenues in Russia's federal budget for January–September ... ... of Oil and Gas Revenues Oil and gas revenues are derived from mineral extraction tax (MET), additional income tax (AIT), and export duties. However, these are reduced by the amount of reverse excise payments to oil companies, factoring in damping and ...

... factors. If the U.S. indeed implements its threats and imposes restrictive tariffs against countries purchasing Russian oil, this could lead to a redistribution of raw material flows and even a temporary shortage in certain regions. In such a case, exporting countries, including Middle Eastern producers, are likely to find it necessary to compensate for potential supply shortfalls from Russia by increasing their own production. Overall, oil companies within OPEC+ maintain a wait-and-see approach: they have already benefited from the summer demand increase, and their task now is to prevent a new oil ...