Currently. oil product exports are taxed on the basis of a percentage of the crude oil export duty. which is tied to the price of oil.
Read More »Russia`s Oil Production Growth at Risk by U.S. Sanctions
Russia exports up to 500.000 b d of oil. products to the U.S.
Read More »Rosneft Approves £1.5bn Share Buyback Plan
The firm will appoint an ``independent agent`` to execute the buyback.
Read More »Nord Stream 2. the World’s most Controversial Energy Project
Critics say that the natural-gas pipeline will strengthen Russia’s hand in Europe and isolate Ukraine.
Read More »Russia`s Increased Oil Output Violates Agreement with OPEC
Russia. Saudi Arabia and others are raising their oil output by one million bpd to adversely affect Iran'.s oil exports.
Read More »Russian Oil and Gas Companies Serious Problems due to Sanctions
Russia’s ability to increase its oil extraction on its current technological basis has been effectively depleted.
Read More »Russia Exports Record Amount of Gas to Europe
Gazprom’s activities in the European gas market are underpinned by long-term contracts with oil-pegged prices and take-or-pay clauses.
Read More »Russia Reverses Almost All Its Oil Production Cuts
Russia currently expects its oil production to stay at these high levels in the next five months.
Read More »US to Impose Devastating Set of Sanctions on Russia
The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.
Read More »Russian Gas is Cheaper than US LNG
LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.
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