News // Economy
Russian oil companies currently generate a lot of cash, so they will be able to shoulder a cumulative $14.75 bln in extra taxes.
04 September 2018 , 16:07Neftegaz.RU3870
Iran and Iraq dumped dollar for rial, dinar and euro in their mutual financial transactions.
03 September 2018 , 10:21Neftegaz.RU4000
Minsk and Moscow have agreed to work out compensating mechanisms for the Belarusian economy.
28 August 2018 , 12:10Neftegaz.RU4080
Taxation adjustments in the Russian oil industry will cost Belarus' state budget Br600 million in lost revenues in 2019.
13 August 2018 , 10:20Neftegaz.RU3960
Volatile crude oil prices reflect a volatile geopolitical climate as well as concerns about global trade tensions.
17 July 2018 , 12:10Neftegaz.RU4040
Russia's trade surplus surged 42.6 % year-on-year to $81.4 billion U.S. dollars.
10 July 2018 , 10:11Neftegaz.RU4100
«I would like to note that in the 1st 5 months of this year the macro-economic situation has been generally stable,» Russian President Vladimir Putin said at a Kremlin meeting. «Positive trends are being posted in key areas.»
09 July 2018 , 00:05Neftegaz.RU3180
The economic risk from the volatility in crude oil prices is only moderate, the Central Bank of Russia said on June 15 after leaving its key lending rate unchanged.
18 June 2018 , 00:02Neftegaz.RU2720
After years of discussion, Russian authorities seem close to starting new oil tax reform as soon as next year that will gradually eliminate state support to refining by abolishing the export duty by 2024, in a move widely seen as hampering companies with heavy refining exposure.
11 June 2018 , 00:03Neftegaz.RU3160
The Russian energy and finance ministries agreed with oil companies to start cutting the export duty on crude gradually.
08 June 2018 , 14:06Neftegaz.RU4250
The Russian Central Bank official said it may revisit its inflationary targets for the year next month.
22 May 2018 , 14:07Neftegaz.RU5180
Due to the oil price rally, Russia expects its oil and gas revenues to jump fivefold compared to the expected revenues set in its 2018 budget, according to the Finance Ministry that now expects Russia to post a budget surplus for the first time since 2011.
14 May 2018 , 00:02Neftegaz.RU4690
The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector, according to GlobalData, a leading data and analytics company.
07 May 2018 , 00:02Neftegaz.RU3670
Washington going to impose new sanctions on Russia for its support of Syrian President Bashar Assad.
17 April 2018 , 16:06Neftegaz.RU6120
Gholamreza Manouchehri said that Zarubezhneft can transfer its capital to Iran via European banks and there is no problem in this respect.
04 April 2018 , 17:22Neftegaz.RU4830
EIB confirmed its board's approval of a major loan for the Tanap gas pipeline.
16 March 2018 , 10:12Neftegaz.RU5290
The Nigerian National Petroleum Corporation can produce crude oil at around $20 a barrel.
07 March 2018 , 18:00Neftegaz.RU4470
Russia and Iran have expressed interest in developing their own digital currencies to help combat U.S.-imposed sanctions, following last week's successful launch of Venezuela's 1st cryptocurrency, the El Petro.
26 February 2018 , 00:03Neftegaz.RU5680
Nicolas Maduro is ready to launch 2nd Petro token - called Petro Gold.
23 February 2018 , 12:29Neftegaz.RU5780
Russia’s Finance Ministry to return to surplus this year due to higher than expected oil prices.
18 January 2018 , 12:09Neftegaz.RU7740