Russia has been selling foreign currency reserves to help make up the budget shortfall. A slide in Russian revenue from oil and gas clashed against the Kremlin ramping up spending on its nearly ...

Russia's oil and gas ... s budget revenues – is now expected to account for 3.7% of gross domestic product (GDP), down from 5.1% of GDP expected until the most recent oil price slide.

MOSCOW, July 5 (Reuters) - The Russian budget's oil and gas revenues fell by 47% to 3.38 trillion roubles ($37.4 billion) in the first half of the year from the same period in 2022, finance ...

while the Finance Ministry revised its budget projections to expect oil and gas revenues falling 2.6 trillion rubles ($32 billion) short. That would leave a budget deficit of 3.8 trillion rubles ...

She estimated that the budget might not receive up to RUB 2 trillion (US$23.7 billion) in oil and gas taxes this year, or about 18% of the planned amount (RUB 10.9 trillion which is equivalent to ...

will bring in $69 billion from oil and gas exports, around $5 billion of that from domestic energy sales. The budget reveals that Iran expects to increase daily exports by 350,000 barrels ...

President Joe Biden renewed his calls to slash energy subsidies for "Big Oil" companies in his budget proposal for fiscal ... depletion related to oil and gas wells, which would reduce the deficit ...

The oil and gas industry is looking forward to announcements for boosting domestic production and changes in the tax structure in the upcoming budget. Finance minister Nirmala Sitharaman is set ...

It could be Christmas in July for the Oklahoma oil and gas industry as it secured $50 million under a tax rebate program for methane-reduction equipment upgrades in a budget agreement struck last ...

Calgary, Alberta--(Newsfile Corp. - December 16, 2024) - Saturn Oil & Gas Inc. (TSX ... is pleased to provide our 2025 development capital budget and annual guidance, along with an operational ...