The United States is now supplying liquefied natural gas to Ukraine, a move implemented in the final days of the Biden Administration.
Gazprom's board is proposing that about 1,600 managers and administrators be cut from its headquarters at St. Petersburg, citing recent challenges.
During nearly three years of war following Russia's invasion, U.S. President Joe Biden's response focused on Ukraine's survival as a democratic nation rather than full territorial
Flows of gas via the Turkstream pipeline unaffected after air defences downed the drones, defence ministry in Moscow says
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.
The Russian Defense Ministry said that Ukraine launched six ATACMS missiles overnight at the Bryansk region, but that all of them were downed by air defenses. The ministry also said that 146 Ukrainian drones had been shot down outside the conflict zone over the last day.
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against Ukraine.
US President Joe Biden has stated that Kremlin's leader Vladimir Putin is in a "tough shape" following the imposition of extensive sanctions against Russian oil. Source: French news agency AFP, citing Biden's statement,
MOSCOW. Jan 9 (Interfax) - Russian gas supply for transit via Ukraine has ended as the transit contract with Kiev expired, Gazprom said in a statement on January 1. "Gazprom was deprived of the technical and legal opportunity to supply gas for transit through the territory of Ukraine," the statement said.
Both Moscow and Kyiv have escalated hostilities in recent weeks as they seek to gain the upper hand in potential ceasefire negotiations.
Two weeks have passed since the Russian gas transit through Ukraine was stopped, and despite all the efforts of Slovak Prime Minister Robert Fico, there are almost no prospects for resuming supplies.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russian energy group Gazprom is considering plans to axe 1,600 jobs — a record number — as the company ...