China has decided to stop purchasing Russian gas: signing of a new agreement between Gazprom and China National Petroleum Corporation (CNPC) has been postponed for an indefinite period.Read More
Germany plans to stop buying Russian gas to supply its western regions. Instead, the German authorities want to buy liquefied natural gas (LNG) from the United States.
Arbitration court in Stockholm abolished Gazprom’s demands for Ukrainian oil and gas company Naftogaz over the contact with the condition “take or pay”.
The State Executive Service of Ukraine opened a proceeding to recover the fine imposed by the Anti-Monopoly Committee of Ukraine (AMCU) in the amount of UAH 172 billion ($6.5 billion – RRT) from Gazprom, and to seize the company’s assets…
The financial situation of Gazprom continues to worsen amid falling gas prices, record low production, and steadily increasing costs.
According to Energy Minister of Georgia Kakha Kaladze, his country will stop receiving natural gas from Gazprom by the end of 2017, and switch to the natural gas imported from Azerbaijan.
The dispute over gas prices between Russia and the European Union that lasted for more than 4 years has ended with the capitulation of Gazprom.
According to Russia Today, the head of Rostekhnadzor Alexei Alyoshin sent a letter to member of State Duma Valery Rashkin with a suggestion to prohibit using of natural gas in residential buildings.
In 30 countries renewable energy has become much cheaper that oil and gas.
According to CFO of Gazprom Andrei Kruglov, financial results of the company by the results of 2016 will be worse than expected.