AGP Executive Report
Last update: 12 minutes agoEnergy and Fuels: A drone attack appears to have hit the Ryazan refinery, a major supplier to Moscow, as Ukrainian strikes and refinery outages add pressure to Russia’s fuel supply. US-bound Russian diesel shipments have also changed course, casting doubt on a deal to resume exports. Oil and gas revenues more than doubled year on year to $11.9 billion in October. Business and Investment: The Kremlin placed Japan Tobacco International’s Russian operations under temporary state management, affecting four factories and more than 4,000 employees. Industry Support: Russia plans 14 billion roubles in 2027 transport subsidies for industrial exporters. Technology: The number of small and medium-sized IT businesses rose 15% in a year to nearly 256,000, according to the Economic Development Ministry. Fertilizers: Putin highlighted the sector’s export role as CF Industries reported tight global nitrogen supplies and ongoing risks to Russian facilities.
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