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.
Gazprom's press service did not respond to a request for comment sent outside regular business hours by Business Insider. Russia had for years been a major supplier of natural gas to the European Union until Moscow's invasion of Ukraine prompted most of ...
Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant grapples with the loss of most of its sales to Europe, state news agency TASS reported on Monday.
(Reuters) - Moldovan President Maia Sandu visited areas hit by rolling power cuts on Thursday and blamed Russian gas giant Gazprom for the energy crisis gripping the country's Transdniestria pro-Russian separatist enclave. In Moscow, Kremlin spokesman Dmitry Peskov said Moldova and Ukraine were responsible for the heating and power shortages.
While Moscow and Chisinau blame each other for the situation after the gas cut, many of the affected inhabitants view themselves as casualties of political games.
The US Treasury imposed sanctions on Gazprom Neft and Surgutneftegas, which explore for, produce and sell oil as well as 183 vessels that have shipped Russian oil, many of which are in the so-called shadow fleet of ageing tankers operated by non-Western companies.
U.S.-led sanctions have hit Russian oil exports. Moscow has accused Ukraine of trying to strike its last gas pipeline into Europe.
U.S. President Donald Trump said on Wednesday he would add new tariffs to his sanctions threat against Russia if the country does not make a deal to end its war in Ukraine, and added that these could also be applied to "other participating countries.
The no-confidence vote, if it succeeds, will trigger a snap election. According to a recent January poll, the liberal opposition Progressive Slovakia is the most popular party in the country on 23.9 percent support, with Fico’s ruling Smer in second on 18 percent.
Moldova has been grappling with an energy and political crisis whose outcome remains uncertain. In the middle of winter, Gazprom stopped supplying gas to Transnistria, a self-proclaimed independent Moldovan region run by pro-Moscow separatists,
The wide-ranging sanctions imposed by the U.S. on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd. (BPCL) saying not enough cargoes are available for March.
Russia has given its first response to Donald Trump’s ultimatum calling on Vladimir Putin to engage in peace talks or see his Ukraine invasion end “the hard way”.Writing on his Truth Social platform days after re-entering the White House,