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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.
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 production and historic losses hit the sector. Large-scale layoffs could add to the pressure on Russia's key revenue generator for the war.
Russia's Gazprom Plans HQ Job Cuts After Loss Of EU Market
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.
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.
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, as the gas producer
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,
23h
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 ...
13d
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 ...
cryptonews
4h
Russia’s Biggest Energy Provider Rosseti to Launch Crypto Mining Operations
Rosseti, Russia’s biggest energy provider, will launch crypto mining operations, with its power supply centers set work with Bitcoin miners.
Business Insider
12d
Gazprom, Russia's energy giant, is discussing a 40% cut to its HQ staff as the war keeps Moscow cut off from Western customers
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 ...
JD Supra
3d
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 ...
8h
Wizz Air Halts Refueling At Belgrade Airport After US Sanctions Serbian Fuel Provider
Wizz Air , a low-cost airline based in Hungary, has stopped refueling its planes at Belgrade airport Nikola Tesla because of ...
Daily Wrap on MSN
10h
Turkstream tensions: 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 ...
1d
Kyiv says it can supply Moldova with coal as gas transit agreement with Russia ends
Zelenskyy said last year he had no intention of renewing the gas transit deal, stressing the importance for Europe of moving ...
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