Search Results for: Gazprom
Russia’s Gazprom May Move Operations From London Over Post-Brexit Trade Concerns
April 5th, 2017
According to media reports, Russia’s energy giant Gazprom may leave the United Kingdom in light of potential trading difficulties associated with the country’s departure from the European Union. Russia’s energy giant Gazprom may leave the United Kingdom in light of potential ...
Gazprom ready to restart Turkish Stream dialogue after Erdogan apology
June 28th, 2016
Gazprom is ready to resume talks with Ankara on the construction of the Turkish Stream gas pipeline after Russia received an apology for the downing of its warplane from Turkish President Recep Tayyip Erdogan, the company’s spokesperson said. The ...
Gazprom: No reason for gas price war in Europe
February 5th, 2016
The Russian gas monopoly sees no need to cut prices as liquefied natural gas (LNG) from the United States attempts to gain market share in Europe. “There is no necessity for us to open a price war… There are ...
Ukraine’s anti-monopoly committee fines Gazprom $3.4bn
January 25th, 2016
The anti-monopoly committee of Ukraine has fined Russia’s Gazprom $3.4 billion for alleged abuse of its dominant position on the Ukrainian gas transit market, the committee’s head Yuriy Terentyev said Friday. “A decision was just made regarding Gazprom’s abuse ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
Gazprom building global alliance with expanded Shell
June 23rd, 2015
Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters. Gazprom, the world’s top gas producer, ...
Russia’s Gazprom Suing Ukraine’s Naftogaz for $24 Billion in Gas Price Feud
May 6th, 2015
Russian energy giant Gazprom is suing Ukraine’s state gas company Naftogaz for nearly $24 billion amid a long-running gas pricing dispute between the two countries, according to a report published on the Naftogaz website. Ukraine is suing for a similarly massive sum: Prime Minister Arseniy ...
Russia’s Gazprom Says Net Profit Plummeted 70% in 2014
March 31st, 2015
Gazprom‘s net profit, calculated under Russian Accounting Standards (RAS), fell 70 percent last year to 189 billion rubles ($3.3 billion), Russia’s top natural gas producer has said. Gazprom’s net profit under RAS is attributed to the parent company only and not its ...
Russia’s Gazprom threatens to cut off gas to Ukraine, Europe
February 25th, 2015
Russia’s state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there — and threatening supplies to the rest of Europe. The Gazprom announcement came hours ...
Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of S. Stream
December 2nd, 2014
Gazprom CEO Aleksey Miller said the energy giant will build a massive gas pipeline that will travel from Russia, transit through Turkey, and stop at the Greek border – giving Russia access to the Southern European market. The pipeline ...
