A proposed crude oil export ban is encountering robust opposition within the oil and fuel business, which argue that such a ban will solely damage drillers and will not assist drivers. ...
The Russian Export Heart (REC) expects commerce turnover between Russia and China to achieve a document $ 130 billion in 2021, the top of the state establishment Veronika Nikishina mentioned throughout a web based convention on Monday. ...
The export responsibility on Russian wheat shall be elevated from $ 61.three to $ 67 per ton on October 27, the Ministry of Agriculture stated. Duties on corn may also be hiked to $ 49.7 per ton. ...
The primary of two strains of Russia’s Nord Stream 2 pipeline has been full of gasoline as a part of remaining preparations for the beginning of deliveries to Europe, the challenge operator introduced on Monday. ...
Russia’s state vitality big Gazprom has raised its forecast for gasoline export costs in 2021 and referred to as for modifications to the gasoline pricing mechanism in Europe to keep away from additional crises. ...
Annual exports of hydrogen from Russia could attain 50 million tons within the subsequent three a long time, in accordance with Aleksey Kulapin, head of the Russian Power Company throughout the nation’s Power Ministry. ...
Revenues from gross sales of Russian crude oil overseas elevated by 21.5% within the first six months of 2021 in comparison with the identical interval final 12 months, in line with knowledge revealed by Russia’s Federal Customs Service. ...
An export tax on sunflower seeds and rapeseed, authorized by the Russian authorities earlier this yr in an effort to curb rising meals costs, got here into impact within the nation on Thursday. ...
An export tax of as a lot as 10% can be imposed on gross sales of a number of kinds of Russian wooden, in keeping with a authorities order signed by Prime Minister Mikhail Mishustin on Friday. ...
Iran is getting ready to spice up manufacturing and exports of crude oil as talks on the nuclear take care of the US proceed to progress, authorities officers stated, as quoted by Bloomberg. ...