... to grow, driven by non-oil and gas revenues. This decline is partly attributed to a tax reform in 2025, including an increase in corporate profit tax from 20% to 25%. While this will bring additional revenue, it also imposes a higher tax burden on oil and gas companies. Additionally, the phaseout of a surcharge on MET for Gazprom and risks of lower oil prices may further reduce revenues. Despite these trends, MET will remain a key component of oil and gas revenues, with OPEC+ agreements expected to allow ...

Where Gazprom Invests — learn about the main areas of capital investment of Russia's largest gas company, from strategic production projects in Yamal and Eastern Siberia to the expansion of the pipeline network and LNG infrastructure. The impact on the Russian economy, investment ... ... and Asia, as well as Gazprom's efforts in environmental technologies and digitalization are considered. 1. Gazprom Sector: Oil and Gas Investments in 2023: RUB 2,519.1 billion Investments in 2022: RUB 2,294.5 billion Gazprom's main assets 1. Gas fields ...

... exceed ~3% in the energy balance, but state programs are aimed at increasing RES capacities. Indirectly, this could also impact transportation: the more clean and cheap electricity produced, the more attractive electric transport becomes. Moreover, some oil and gas companies are investing in RES projects, aiming to diversify their businesses in the future. Research is also underway on alternative fuel types for transportation—biofuels, hydrogen—but their widespread application in Russia remains a question for ...

... U.S. (including BP, TotalEnergies, ExxonMobil, Chevron) also reported declines in quarterly profits compared to the peak first half of 2024, but overall earnings were higher than anticipated. Despite the downturn from last year's record figures, the oil and gas sector continues to generate solid cash flow. Many companies are maintaining generous shareholder payouts (dividends, share buybacks), demonstrating confidence in the stability of their business. At the same time, the sector is charting pathways for further development, adapting to new challenges. Significant ...

... enhance competition and lower wholesale prices. It is expected that the combination of these measures will stabilize prices at gas stations and prevent fuel shortages during peak demand periods. The market is closely watching the official announcement regarding the export ban—investors are assessing the potential impact of restrictions on the revenues of oil companies , while agrarians and transporters are hoping for a prompt reduction in gasoline and diesel prices domestically. The ...