The Russian gas giant could once bring countries to their knees by cutting off energy supplies, until Europe stopped buying its product.

European leaders are set to urge EU authorities and Ukraine to intensify talks over a possible resumption of Russian gas transit through Ukraine

Production of liquefied natural gas (LNG), as well as oil and gas, declined in 2024 in Russia's Pacific island of Sakhalin in 2024, according to local administration.

MOSCOW. March 4 (Interfax) - Gazprom set a new all-time record for daily gas deliveries to China via the Power of Siberia pipeline on March 3.

This is the third record since them time when gas deliveries over the Power of Siberia gas pipeline reached the maximum contracted level on December 1, 2024, Gazprom added MOSCOW, March 4.

The cost of transporting russian oil has risen sharply after U.S. sanctions hit ships and insurers serving moscow’s trade.Ekonomichna Pravda reported this with

Ex-spy Warnig’s plan to involve American investors shows breadth of Trump’s rapprochement with Russian president

"Nord Stream 2 is not a Project of Common Interest, it does not diversify EU’s energy sources", an EU Commission spokesperson said at Monday's midday press briefing. "This pipeline, if it is built, if it is in operation, has to operate in line with international and European relevant legislation," the spokesperson added.

India ramped up crude oil supplies from non-traditional sources such as Nigeria, Brazil and others to shield itself from the geopolitical uncertainties.

Gazprom Neft has transferred 5.15% of the shares in the Serbian company NIS to Gazprom , the Belgrade Stock Exchange said. Gazprom Neft previously owned 50% of NIS and Gazprom owned 6.15%. Gazprom Neft currently owns 44.