A number of factors have created serious challenges for the Russian energy industry, forcing the country’s authorities to look for ways to adapt to new economic facts.
Russia’s income from oil exports fell 20%, which has been the result of a number of factors, such as a reduction in energy prices in the world, increased tax pressure and the influence of international penalties. This was announced by Ukraine’s Foreign Intelligence Service on Tuesday, August 12, on its own Telegram Channel.
According to Svra, since the beginning of the year, oil and gas have been significantly reduced. During the period from January to July 2025, Russian oil and gas budget revenues were reduced by 18.5% compared to last year, reaching $ 69.2 billion.
Just in July, the receipts fell 27%, worth $ 9.9 billion, and the income from mining tax fees decreased by 34.3%.
Also, according to intelligence, the company Gazpromneft Shows a significant decrease in financial indicators. In the first half of the year, its net profit costs $ 2.9 billion – half more than last year. Particularly noteworthy is the fall of sales, which has dropped from a significant $ 2.97 billion in the first half of 2022 to just $ 234 million.
The situation in the Khanty-Mansiysk district, one of the major regions of Russia’s oil, remains difficult. For the period from January to May, the total losses of local companies reached 8.8 billion dollars, while earnings from sales cost only $ 2.49 billion.
Factors for income collapse are associated with the decreased oil prices in the world, an increase in taxation and influence of international penalties. These factors have created serious challenges for the Russian energy industry, forcing the country’s authorities to look for ways to adapt to new economic facts.
Earlier it was reported that Russia’s revenue from oil sales in June 2025 fell to a two -a minimum against the back of the world’s oil prices.
Russia is also trying to influence the situation in the energy sector to cause a new circulation to grow in global oil prices.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.