Russia's oil and gas export revenues slumped to a 30-month low for August.
Russian oil and gas revenues crashed to their lowest level in 30 months for August, a month when the country’s oil and gas industry faced massive attacks on its energy infrastructure, in particular refining facilities, impacting both refining itself and the country’s oil exports.
Russian oil and gas revenues in the first nine months were hit by a sharp year-on-year decline in oil prices and the impact of…
With earnings on the slide, Russian producers are having to set new priorities, which vary in different companies.
Hit by falling oil revenues and Western sanctions, growth in the country has slowed while the budget deficit has exploded.
Russia bans gasoline and diesel exports as the domestic fuel crisis expands.
Russia's pipeline gas exports to Europe fell 45% year on year to 13 Bcm in January-September.
Russia has decided to extend a one-month ban on gasoline exports amid a fresh spate of drone attacks targeting oil refineries.
