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Gazprom sees $5.6B loss in 1st half of this year

- Company's revenue, however, annually rises 6.7% in January-June period

31.07.2024 Natural Gas

Russian gas giant Gazprom wants to recoup its revenue losses

- Company's revenues fall to 11.7 trillion rubles last year compared to 8.5 trillion in 2022

20.05.2024 Natural Gas

Gazprom sues Polish energy firms for $935 million

- Move comes amid ongoing tensions between Gazprom and Poland, which have been escalating since 2022 over energy supply and payment disagreements

08.03.2024 Natural Gas

Gazprom's natural gas exports to China increase 47.4% in 2023

Gazprom aims to increase natural gas shipments to China to 100 bcm with the construction of Power of Siberia 2 line

03.01.2024 Natural Gas

6 Italian energy providers fined for irregular price hikes

- Companies including Eni, Enel implemented unilateral price increases in spite of ban

15.11.2023 World Europe

Planned gas hub in Türkiye makes headway after Erdogan and Putin meet

- Establishment of natural gas hub would permit gas exports through Türkiye, strengthen regional energy security and encourage affordable gas prices, say experts

06.09.2023 Natural Gas Türkiye Europe Eurasia

1,500% surge: India’s crude imports from Russia soar to new peak

- India has become largest buyer of Russian crude with 1,500% jump in imports since start of Ukraine war, 79% increase after EU embargo took effect

08.06.2023 World Eurasia

TurkStream gas flow to halt for annual maintenance

- Gas transmission via both lines will temporarily stop

02.06.2023 Natural Gas

Gazprom denies reports of takeover of Türkiye's national gas firm

- Turkish Petroleum Pipeline Corporation calls local media outlets' claims about sale to Russian gas giant 'baseless'

26.05.2023 Natural Gas Downstream Eurasia

Green energy can replace Russian gas in EU by 2028 with €811B investment, report finds

- Total €811 billion expenditure includes planned clean energy spending of €299 billion as part of European Green Deal and additional investment of €512 billion

09.05.2023 Renewable International Organization Europe

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High prices drive UK household energy demand to lowest levels in 50 years

- Gas demand in UK household down 19% while industrial gas demand sees 8.2% drop last year, latest data shows

27.04.2023 World Europe

Oil trade routes that take at least 5 times as long after war will likely result in more pollution

- Majority of pre-war oil trade routes that took 5-6 days can now take average of 30 days, as supplier and buyer dynamics change dramatically after sanctions on Russia

26.04.2023 Oil World

Italy, Israel see wide cooperation in water, gas sector

- After meeting Italian Premier Meloni, Israeli Prime Minister Netanyahu said the 2 countries should exploit 'enormous' opportunities to work together

11.03.2023 Natural Gas Europe Middle East-Africa

EU's LNG imports from Russia see highest levels in 3 years

- European Union's LNG imports from Russia last year rise by 31% and 35% compared to 2020 and 2021 volumes, respectively

07.03.2023 Lng/Lpg Europe

Russia-Ukraine war causing reshuffle of oil trading routes

- One year on from Russia-Ukraine war, Russia finds new oil markets while EU countries face supply disruptions amid unfolding sanctions on Russia

02.03.2023 Electricity Finance

Gas markets see 'notable firsts' amid energy crisis exacerbated by Russia's war in Ukraine

- Germany opens first LNG terminal, while EU deals with at least tenfold higher gas prices in first year of Russia's war in Ukraine

22.02.2023 Natural Gas Europe

Russian gas transit to Europe via Ukraine to rise 20%: Gazprom

- Natural gas supplies via Sudzha gas pumping station will increase from 24.5 million cubic meters to 29.4 million cubic meters on Wednesday, Russian energy giant says

01.02.2023 Oil Europe Eurasia