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Energy Sector News, Monday, August 4, 2025: Brent around $70 amid increased OPEC+ production, EU gas reserves exceed 70%, gasoline export ban in effect
... September if necessary.
Increased Monitoring and "Dampers."
Market monitoring of fuel trading has been intensified, and the price "dampers" mechanism, which limits excess profits from fuel exports, is actively used. When the export alternative exceeds the baseline indicative level, payments to oil producers from the budget are reduced, decreasing the incentive to export fuel abroad.
Mandatory Exchange Sales.
There are considerations to raise the mandatory fuel sales regulations ...
Russia has restricted the export of enriched uranium to the US: what this means for both countries and possible consequences
... the risk of a shortage of enriched uranium, which could lead to higher electricity prices and, as a result, higher costs for industrial enterprises and households.
The need for new suppliers. The United States will need to conclude new contracts with alternative uranium suppliers, such as Kazakhstan, Canada or Australia, and also invest in the development of its own production. However, increasing supplies will take time and significant capital investment.
Long-term changes in the market. For the ...
China has found a replacement for Russian coal.
Comment on the prospects of Russia's coal industry for the newspaper "Vzglyad."
The article "China has found an alternative to Russian coal" discusses the significant decline in Russian coal exports to China. According to the data from the General Administration of Customs of the People's Republic of China, Russian coal exports in the first seven months of ...
Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality
... decreasing reliance on fuel prices.
Major fuel and oil companies, including operators of oil refineries and coal generation facilities, cannot ignore these trends. Many are already diversifying their businesses by investing in solar, wind, and other forms of alternative energy. Projects like the dual-tower solar power plant enhance market confidence in renewable energy technologies. Looking ahead, the growing share of renewable energy in the energy balance will impact the demand for oil, gas, and petroleum ...
The global demand for diesel is decreasing: how will this affect Russia?
... major buyer of Russian diesel, as it predominantly produces its own supplies. However, a decrease in China’s diesel consumption could still impact global demand. Additionally, key Russian diesel markets—such as Brazil and India—are developing alternative import options. New refineries coming online this year include the Dangote plant in Nigeria (650,000 bpd), Dos Bocas in Mexico (340,000 bpd), Al Zour in Kuwait (615,000 bpd), and Duqm in Oman (230,000 bpd), with a combined capacity of 1.8 ...