The Western media has been somewhat gleefully announcing that Gazprom, Russia’s largest gas producer, have announced losses for the first time in 20 years. They are estimated to be in the red to the tune of US$6.9 billion for 2023 results. The company, which is headquartered in St.Petersburg, had built its business model largely on […]
Gas Down, Oil Up As Gazprom’s Euro Losses Are Offset By Asian Gains Read More »
The Financial Times has reported that Russia has started supplying oil directly to North Korea in defiance of UN sanctions, further cementing ties between the two countries and dealing a new blow to international efforts to contain Pyongyang. At least five North Korean large oil tankers have travelled this month to collect oil products from
Russia’s Oil Supplies To North Korea Increase As Sanctions Fail Read More »
Russian energy giant Gazprom has begun work aimed at linking the country’s gas pipelines into a nationwide gas transportation system, the company has announced on its official Telegram channel. According to the announcement, the company launched construction of the 800km Belogorsk-Khabarovsk section of a new pipeline in Russia’s Far East, which will eventually connect the
Gazprom Starts Connecting Strategic Asian Gas Pipelines Read More »
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