Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...
Russia's Gazprom Plans HQ Job Cuts After Loss Of EU Market
Russia's Gazprom is considering cutting hundreds of administrative jobs, a company spokesman confirmed to AFP on Monday, as the gas producer reels amid the loss of key exports to Europe.
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Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
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Gazprom Recalibrates as Challenges Mount
The end of gas flows to Europe through Ukraine and new US sanctions targeting Gazprom Neft are putting more financial ...
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Gazprom, Russia's energy giant, is discussing a 40% cut to its HQ staff as the war keeps Moscow cut off from Western customers
A letter from Gazprom's board to its CEO suggested layoffs of 40% for its headquarters amid "challenges." The letter said wages among managers had risen to nearly $500 million a year. Russian ...
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
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Russian gas giant Gazprom prepares mass layoffs in senior positions, Russian media says
Details: A company spokesman confirmed the authenticity of the letter to the publication. It says that over the past 20 years, Gazprom's administration has increased several times, reaching more ...
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Russian LNG Shipment Lands in Spain After New US Sanctions
A liquefied natural gas tanker, carrying a shipment from a Russian project sanctioned last week by the US, landed in Spain, ...
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Biden Administration imposes sweeping sanctions against the Russian Energy Sector days ahead of the Trump Transition
On January 10, 2025, the Biden Administration issued a broad sanctions package targeting the Russian energy sector, 10 days in advance of ...
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Tennis Australia Sends Stern Warning After Kokkinakis' Russian Exhibition Participation
Tennis Australia has reminded its players of the organization's views about them competing in Russia after Thanasi Kokkiankis played at an exhibition in the country. Several governing bodies around ...