The Russian energy giant Gazprom is preparing to lay off 1,600 employees from its central office as it faces significant financial losses and dwindling market presence in Europe, Russia's local 47News media outlet reported on Jan. 13. The news comes after Ukraine halted the transit of Russian gas to other European countries, ending an arrangement […]
Gazprom, Russia’s state-controlled gas company, is planning for a scenario in which no natural gas will flow to Europe through Ukraine after Dec. 31, 2024, a source familiar with the plans told Reuters. Kyiv has indicated it will not extend the transit deal, ending over 50 years of gas flows from Siberia to central Europe […]
Serbia has signed an agreement with Russia for additional gas supplies this winter despite efforts to diversify, Serbian media Danas reported on Oct. 10. Dusan Bajatovic, CEO of the Serbian state-owned company Srbijagas, came to an agreement with Alexey Miller, CEO of Russian state-owned energy giant Gazprom, and expects Russian gas supplies to reach 400 […]