Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

Russian gas giant Gazprom , squeezed by plunging sales abroad as the Ukraine conflict prompts European buyers to turn away, ...

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

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian ...

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

Russian pipeline gas has stopped flowing to Europe through Ukraine as of the New Year, marking the end of a decades-long ...

Gazprom is facing financial losses and is appealing to authorities for household gas price increases, as well as a rise in ...

An icon in the shape of a lightning bolt. Impact Link Russian energy giant Gazprom is considering a 40% cut to its headquarters staff after posting its first loss in 24 years, according to a ...

The relations of Hungary's state-owned energy group MVM with the Russian Federation are obvious, and the potential buyer of ...

Russian refining runs rose by 2 per cent, or by 108,000 barrels, to 754,800 metric tons a day on Jan 15-19 from the first week of the year, according to the sources ...

Russia's Gazprom is considering cutting hundreds of administrative jobs, a company spokesman confirmed to AFP on Monday, as the gas producer reels amid the loss of key exports to Europe.

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 ...