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,

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.

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 Union until Moscow's invasion of Ukraine prompted most of ...

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 US Treasury imposed sanctions on Gazprom Neft and Surgutneftegas, which explore for, produce and sell oil as well as 183 vessels that have shipped Russian oil, many of which are in the so-called shadow fleet of ageing tankers operated by non-Western companies.

While Moscow and Chisinau blame each other for the situation after the gas cut, many of the affected inhabitants view themselves as casualties of political games.

U.S.-led sanctions have hit Russian oil exports. Moscow has accused Ukraine of trying to strike its last gas pipeline into Europe.

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.

The leader of breakaway Moldovan region Transnistria visited Moscow recently for talks on resolving its energy crisis, local media reported Tuesday. It did not say when Krasnoselsky visited or give details on who he talked to,

The no-confidence vote, if it succeeds, will trigger a snap election. According to a recent January poll, the liberal opposition Progressive Slovakia is the most popular party in the country on 23.9 percent support, with Fico’s ruling Smer in second on 18 percent.

Russia has given its first response to Donald Trump’s ultimatum calling on Vladimir Putin to engage in peace talks or see his Ukraine invasion end “the hard way”.Writing on his Truth Social platform days after re-entering the White House,

Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil volumes should not be difficult.