Gazprom's board is proposing that about 1,600 managers and administrators be cut from its headquarters at St. Petersburg, ...

Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant ...

Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude ...

Russia has long used its plentiful energy resources as a tool to exert control over the region, where independence from ...

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

Russia's energy giant Gazprom is considering cutting hundreds of administrative jobs, a company spokesperson said on Monday, ...

Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was in contact with its "Serbian friends" about the fate ...

Gazprom provided about 7 percent of Russia's federal budget in 2021, the year before Putin's full-scale invasion. By 2023, it was estimated to provide about half of that as sanctions, reduced ...

Defying expectations, oil prices began 2025 on a strong note, propelled by tighter US sanctions on Russian oil, Opec+ ...

A letter from Gazprom's board to its CEO suggested layoffs of 40% for its headquarters amid "challenges." The letter said wages among managers had risen to nearly $500 million a year. Russian ...