Gazprom is facing financial losses and is appealing to authorities for household gas price increases, as well as a rise in transportation tariffs for independent Russian suppliers. "The company was sacrificed on the altar of Putin's imperial ambitions,

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.

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.

Rosseti, Russia’s biggest energy provider, will launch crypto mining operations, with its power supply centers set work with Bitcoin miners.

Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.

Russia’s move to cut off energy supplies to ... as a result of additional negotiations.” Russian state giant Gazprom, meanwhile, announced that Moldova would receive no gas after Jan. 1 ...

Days before President Biden leaves the White House, the U.S. government has delivered a major blow against Russia. On January 10, 2025, the

In the days before former President Joe Biden left office, the U.S. announced two new rounds of sanctions against Russia, including expansive

In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on Russia’s financial systems and energy sector. The U.S. originally threatened Russia with “the mother of all sanctions” as Moscow prepared to invade Ukraine in February 2022.

Gazprom recalls that Russian natural gas supplies began to consumers in Uzbekistan via Kazakhstan in October 2023. Supplies are organized in reverse mode along a specially designated route along the Central Asia-Center main gas pipeline system.

Less money for Gazprom means less for Russia’s war chest. The growing economic strain is causing Russia’s social contract to creak, said Prokopenko, the Carnegie fellow. “The population no ...

Poland's president has said that gas flows from Russia to Western Europe should never be restored, even if Russia and Ukraine reach a peace deal. Andrzej Duda told the BBC that the Nord Stream gas pipelines, which have not been used since 2022, "should be dismantled".