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The loss of a key European market has dealt a severe financial blow to Russian energy giant Gazprom, resulting in net losses of 1.076 trillion rubles ($13.1 billion) in 2024, the Moscow Times reported ...

For context, Urals crude has been stuck in a price rut thanks to a mix of global oversupply concerns, softening demand, and a ...

Gazprom is looking at every avenue to cut costs, including its portfolio of luxury hotels, after the group fell to its second successive year of losses as Russia’s war with Ukraine continues to hammer ...

Gazprom Neft is ready to raise oil output from April under the OPEC+ agreement, the head of the Russian oil producer said on Tuesday.

Trillions of cubic meters of natural gas are sitting under Russia’s Siberian taiga — able to flow to Europe at a moment’s ...

Kazrosgaz, a joint venture between Russia's Gazprom and Kazakhstan's KazMunayGas , has suspended liquefied petroleum gas ...

European energy companies have filed lawsuits against Gazprom, seeking a total of €18 billion in compensation for the ...

Russian and European officials say the US is exploring ways to work with energy giant Gazprom PJSC on global projects, a step ...

Instead, the revenue came from Gazprom Neft and Sakhalin Energy — a Russian liquefied natural gas (LNG) producer formerly owned by Shell and nationalized in 2022. In early January, Gazprom Neft ...

Gazprom's media department and the Russian energy ministry did not respond to detailed requests for comment on the story's findings. With no European sales, the remaining workers are focused ...

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