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,
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.
Gas prices in Russia must ensure financing of industrial investment projects - Gazprom
Gazprom's proposals align with the key objectives set out in Russia's Energy Security Doctrine, which according to the law on strategic planning in the Russian Federation must be taken into account when drafting strategic planning documents, including the ES-2050 project, Sakharov said.
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,
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,
Putin lauds the strength of Russia’s war economy. Others see a mirage
Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this ...
Russia's Gazprom weighs slashing HQ jobs after losing most sales to Europe
Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant ...
Hosted on MSN8h
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 ...
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 ...
Russia’s gas pipeline politics risk alienating its European allies
Russia has long used its plentiful energy resources as a tool to exert control over the region, where independence from ...
Russia's Gas Giant Braces for Mass Layoffs Amid Plunging Profits
Gazprom provided about 7 percent of Russia's federal budget in 2021, the year before Putin's full-scale invasion. By 2023, it was estimated to provide about half of that as sanctions, reduced ...
Daily Sabah13d
Russia's Gazprom considers HQ job cuts after loss of EU market
Russia's energy giant Gazprom is considering cutting hundreds of administrative jobs, a company spokesperson said on Monday, ...
JD Supra3d
Russia’s Energy, Financial and Defense Sectors Are the Focus of the Last Round of Sanctions Under Biden
In the days before former President Joe Biden left office, the U.S. announced two new rounds of sanctions against Russia, including expansive ...
Tennis Australia warns against competing in Russia after Kokkinakis reportedly played there
Tennis Australia says it has advised its players against competing in Russia following reports that Davis Cup team member ...
Putin ‘worried’ as five-word admission reveals paranoia about Russian economy’s weakness
Vladimir Putin has exposed his worry over a weakness in Russia's economy. The President is thought to be concerned over the ...