Norway has made it clear that it’s not going to give in to Poland’s demand for it to share its growing profits from the oil and gas trade with either Warsaw or Kiev. On Sunday, Polish Prime Minister Mateusz Morawiecki claimed that Norway would earn an extra €100 billion ($106.9 …
Read More »Poland tells Norway to hand over oil revenues
Norway should share the “excess” profits it’s been making as oil and gas prices soar amid the ongoing conflict between Russia and Ukraine, Polish Prime Minister Mateusz Morawiecki said at the National Youth Dialogue Congress on Saturday. “But should we be paying Norway gigantic money for gas – four or …
Read More »Russian gas revenues projected to hit new highs
Russia could earn a record $100 billion from gas sales to European countries in 2022 due to the sharp rise in energy prices, French newspaper Les Echos reported this week, citing Citibank analysts. According to the paper, the projected income from gas sales will be almost twice as much as …
Read More »Russia’s oil revenues expected to soar
Russia will see its income from the oil sector rise sharply this year and reach more than $180 billion, despite production cuts related to international sanctions, suggests a report published by independent research house Rystad Energy on Monday. Thanks to the rising oil prices, Russia’s tax revenues will be 45% …
Read More »Semiconductor chip shortage expected to cost automakers $110 billion in revenues in 2021
The New York-based consultancy has raised the previous outlook by 81.5%. In January, AlixPartners expected the shortage to cost the industry $60.6 billion in revenue. The group expects global car production to drop by 3.9 million units this year – up from the 2.2 million vehicle production cut projected in …
Read More »Russia’s revenues from the sale of gold for the first time exceeded revenues from the gas
Russia’s revenues from the sale of gold for the first time exceeded revenue from the sale of gas, from the data of the FCS and the Central Bank. In April and may, Russian companies have sold abroad to 65.4 tonnes of gold worth 3.55 billion dollars. Selling the gas abroad …
Read More »The Russian budget is likely to remain without oil revenues
The reduction in the price of Russian export oil Urals to the level of less than $15 per barrel will lead to a sharp decline in oil revenues, warns the chief economist at Vygon Consulting Sergey Ezhov. Earlier today it became known that the price of Urals in the course …
Read More »The Russian budget is likely to remain without oil revenues
The reduction in the price of Russian export oil Urals to the level of less than $15 per barrel will lead to a sharp decline in oil revenues, warns the chief economist at Vygon Consulting Sergey Ezhov. Earlier today it became known that the price of Urals in the course …
Read More »Ukraine could lose substantial revenues because of the Turkish stream
Ukraine will annually lose $500 million on gas transit. Ukraine will be an annual event to lose more than $ 0.5 billion as a result of the launch of Turkish stream. On Tuesday, October 24, said at the conference Oil and gas-2017 Chairman of the Board of Naftogaz Andrew KOBOLEV. …
Read More »Reporters calculated Poroshenko revenues from deposits in a private Bank
In an average month, Poroshenko receives about one million hryvnias of percent. The President of Ukraine Petro Poroshenko receives a monthly million hryvnias of percent of your own Bank. On Wednesday, September 6, the newspaper writes, the Country with reference to the Declaration of the head of state. “Petro Poroshenko …
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