Russia's Oil and Gas Budget Revenues Fall in May

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Russian,Money,Rubles,Measuring,Tape,Inflation,Embargo,Sanctions
Iana Alter/Shutterstock

The Russian government's oil and gas revenues fell by about 12% in May versus April and were also down by 35% compared with May 2022, according to finance ministry data.

Topic:
Sanctions
Wanda Ad #2 (article footer)
#
Egypt has launched a new upstream bid round for 23 blocks as it faces amid a looming gas supply crunch.
Mon, Sep 25, 2023
Project developers are still looking for guidance on how they can take advantage of the “bonus rates” for clean energy tax credits enacted by the US Inflation Reduction Act.
Mon, Sep 25, 2023
German trader SEFE Marketing & Trading is poised to offtake its first cargo of Russian LNG since the company was blacklisted by Moscow in May 2022.
Fri, Sep 22, 2023