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Russia's gas giant Gazprom struggles

Russia's gas giant Gazprom struggles as losses mount

Gazprom is facing financial losses and is appealing to authorities for household gas price increases, as well as a rise in transportation tariffs for independent Russian suppliers. "The company was sacrificed on the altar of Putin's imperial ambitions,

Reuters · 3d

Gazprom seeks to raise Russia's domestic gas prices, Interfax reports

Russian gas giant Gazprom , squeezed by plunging sales abroad as the Ukraine conflict prompts European buyers to turn away, is seeking to raise regulated prices at home to fund investment, Interfax news agency reported on Thursday.

Daily Wrap on MSN · 2d

Gazprom's struggles deepen amid soaring domestic gas prices

Gazprom is experiencing losses and is appealing to the authorities for price increases for households and higher transportation tariffs for independent Russian suppliers. In an interview with Money. pl,

Ukrainska Pravda on MSN · 3d

Russian energy giant Gazprom complains of lack of money and demands to raise gas prices for Russians

Gas prices in Russia do not meet Gazprom’s needs for implementing investment projects, stated Aleksei Sakharov, head of Gazprom’s strategic division, during a meeting of the Expert Council under the State Duma,

Business Insider12d

Gazprom, Russia's energy giant, is discussing a 40% cut to its HQ staff as the war keeps Moscow cut off from Western customers

An icon in the shape of a lightning bolt. Impact Link Russian energy giant Gazprom is considering a 40% cut to its headquarters staff after posting its first loss in 24 years, according to a ...

Hosted on MSN14h

Turkstream turmoil: Europe's last Russian gas lifeline at risk

The TurkStream gas pipeline is the last one supplying Russian resources to Europe. Reports of its possible destruction have ...

12d

Russia's Lavrov says Moscow in contact with Serbia on NIS oil firm ownership

Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was in contact with its "Serbian friends" about the fate ...

13d

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.

pravda.com.ua13d

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 ...

energyintel2d

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 ...

Bloomberg L.P.13d

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, ...

JD Supra13d

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 ...

Markets Insider on MSN8d

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.

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 ...

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