Gerden, E.
Eugene Gerden is an international contributing writer specializing in the global oil refining and gas industry.
Global: Increase in Russian fuel excise tax may hit refinery profitability
The Russian government’s recent decision to raise the excise tax on motor fuel by 1 RUB/l in 2018 may lead to serious losses for the country’s domestic refining industry.
Global: Russia’s plan to dominate fuel supply to Asia
Russia hopes to become a major supplier of gasoline, diesel fuel and other oil products to the Asia-Pacific region during the next several years, with help from the planned launch of large-scale refineries in the Far East that will be built with the participation of Asian investors.
Global: Russian oil majors eye Western expansion
Amid declining profits in the domestic market, Russia’s national oil company and leading oil producer, Rosneft, is considering expanding in the European Union (EU) and US refining markets.
HP Global: Forthcoming tax hike could hamper Russian refining
Russia plans to increase the volume of oil it refined this year, despite Western sanctions and the ever-deteriorating business environment, according to an official spokesperson for Alexander Novak, Russia’s minister of energy.
- Technip Energies awarded two large contracts by BPCL for new units at Bina and Mumbai refineries in India 1/28
- ADNOC and TAQA announce 27-yr utilities agreement with TA’ZIZ, enabling world-scale chemicals production at Ruwais 1/28
- BASF to open global digital hub in India in Q1 2026 1/28
- Solvay inaugurates Europe’s first bio-circular silica facility in Italy 1/28
- Nikkiso’s next-generation marine fuel cryogenic pump skids to support dual-fuel vessel conversions 1/28
- Indian diesel exports to West Africa jump as EU bans Russian crude-derived fuel 1/28
