Tag: Russias
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Russia’s budget records a deficit of $29 billion, with oil and gas revenues declining
During the first quarter of this year, Russia’s budget recorded a deficit of more than $29 billion, with oil and gas revenues declining. Data from the Ministry of Finance showed that Russia’s federal budget deficit, during the first quarter of 2023, amounted to about 2.4 trillion rubles ($29.52 billion). The data, seen by the specialized…
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Russia’s Lukoil announces important developments regarding its investments in Ghana and Cameroon
The Russian Lukoil company disclosed new developments regarding its investments in the oil and gas sector in West African countries, especially Ghana and Cameroon. And the company announced its readiness to submit the final plan for the development of the offshore Ghana field to the regulatory bodies in Ghana, in preparation for making the final…
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Anas Al-Hajji: The oil price ceiling did not reduce Russia’s revenues
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that everything issued by the US Treasury Department regarding the oil price ceiling is a kind of unfounded propaganda. Al-Hajji explained – in the program “Energy humanitiesHe presented an episode of it on Twitter entitled “The World Between Extremism and Rationality… Between Price Ceilings…