... provided that the energy transition accelerates and China's economy shifts more towards gas and RES. For now, however, the coal sector is ensuring near-record levels of electricity production globally, remaining an essential element of energy supply. Refined Products and Processing: Regional Contrasts The market for refined products varies significantly across different regions of the world. In Russia , authorities have taken an unprecedented step to stabilize domestic fuel prices. As of July 30 ...

... basic approach for the near future, but this carries certain risks. The gasoline export ban, suspended at the end of May, will resume on August 1 for at least a month. The opening of the export channel did not lead to a significant increase in oil refining, while wholesale gasoline prices increased by 10-30% over just two months, according to exchange data. For instance, the price of AI-92 increased by 13% from May 20 to July 30, reaching 54,486 rubles per ton, while AI-95 rose by 29%, to 72,...

... acceleration of the energy transition and a shift in the Chinese economy towards gas and RES. In the meantime, the coal sector remains a crucial component of energy supply, achieving nearly record levels of electricity generation worldwide. Oil Products and Refining: Regional Contrasts The oil products market varies across different parts of the world. In Russia, authorities have taken an unprecedented step to stabilize fuel prices. As of August 1, a temporary total ban on the export of automotive gasoline ...

... development and operational management of fields in the Khanty-Mansi Autonomous Okrug, including the Priobskoye and Fyodorovskoye fields. These projects aim to maintain stable production levels and expand the company's resource base. Transportation and Oil Refining: Upgrade of Pipeline Infrastructure: The company is investing in the renewal and expansion of its pipeline systems to ensure efficient transportation of oil to refineries and export terminals. Refineries: Investments are directed towards upgrading ...

... between regulators and industry participants, the increase in the mineral extraction tax on oil and the elimination of export duties were planned to be supplemented by a reduction in excise taxes to offset the cancellation of indirect subsidies to the oil refining industry. This refers to the difference between higher duties on oil and lower duties on petroleum products: for example, duties on automotive gasoline and diesel fuel were 30% of the duty on oil. The difference in duty levels stimulated the ...