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 ...

Russian gas giant Gazprom , squeezed by plunging sales abroad as the Ukraine conflict prompts European buyers to turn away, ...

In December 2024, gas production rose by 2.7% year-on-year, totaling 64.8 billion cubic meters. “Gas production by other ...

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 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.

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 than ...

Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...

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 ...

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

The UK government has announced sanctions against the Russian companies Gazprom Neft and PJSC Surgutneftegas. Source: ...