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No penalties for players taking part in Russian...![img](/img/external-link.svg)
Second edition of Northern Palmyra Trophies tournament will be held from Dec. 1-3 in St. Petersburg. The event is sponsored by Russian energy giant Gazprom and is being held while Russia's continues its war with Ukraine. Among the WTA players taking part are former French and U.S. Open quarter-finalist Yulia Putintseva.
Russia sets new record in gas deliveries to China![img](/img/external-link.svg)
Gazprom supplies natural gas to its leading trading partner under a long-term contract. The Power of Siberia is part of a $400 billion, 30-year agreement between Gazprom and CNPC inked in 2014.
Russia's Gazprom sees 2024 investments at $17.5 bln,...![img](/img/external-link.svg)
Russian gas giant Gazprom said on Thursday its management had approved investments for 2024 totalling 1.57 trillion roubles ($17.50 billion) Gazprom lost most of its share of the European market after Russia sent tens of thousands of troops into Ukraine.
Russia’s largest investor revealed![img](/img/external-link.svg)
Gazprom led Russia’s 30 largest companies by capital expenditure, after investing almost $26 billion last year. Top three companies also included Russian oil major Rosneft with $12.7 billion in investments. The volume of capital invested includes spending on fixed assets and intangible assets.
Russia's Gazprom, Venezuela's PDVSA in talks on new gas...![img](/img/external-link.svg)
Russia's Gazprom and Venezuela's state-run oil company PDVSA are discussing cooperation in new gas projects. Decision to be made in coming weeks, Russia's RIA news agency reported.
Russian pipeline gas exports to Europe down 6.7% in Nov...![img](/img/external-link.svg)
Russian pipeline gas exports to Europe down 6.7% in Nov so far - Reuters calculations. Total Gazprom supplies to the European Union from Nov. 1-15 reached some 1.2 billion cubic metres. Gazprom has not published its own statistics since the start of the year.
EU energy chief tells member state to ditch Russian gas![img](/img/external-link.svg)
Hungary should end its dependence on Russian energy, EU Energy Commissioner Kadri Simson said. Budapest openly opposes sanctions and has continued energy cooperation with Moscow. Hungary continues to buy Russian gas under a 15-year contract with Gazprom.
Russian gas giant announces radical new Asia strategy![img](/img/external-link.svg)
Gazprom CEO Aleksey Miller says Russia is seeking long-term cooperation in natural gas supplies with Kazakhstan and Uzbekistan. Moscow has set out its plans for cooperation with key allies in the region for the next 15 years.
EU states claim they’ve quit Russian gas but still get it – Gazprom CEO![img](/img/external-link.svg)
Gazprom CEO Aleksey Miller says some EU nations are still receiving Russian gas. Miller didn't name which of the bloc's 27 nations keep receiving natural gas from Russia. Brussels had previously claimed the bloc had overcome its dependence on energy supplies from the sanctions-hit nation. In 2022, supplies of Russian gas to the EU market began to decline due to the destruction the Nord Stream natural gas pipelines.
Hungary asks EU to take action against Bulgaria's...![img](/img/external-link.svg)
Hungary asks EU to take action against Bulgaria's transit tax on Russian gas. Bulgaria believes the tax will reduce the privileged position of Russia's energy company Gazprom. The tax has angered Bulgaria's neighbor Serbia, as well as fellow EU member Hungary.
Hungary seeks EU action against Bulgaria’s transit tax on Russian natural gas![img](/img/external-link.svg)
Bulgaria believes the tax will reduce the privileged position of Russia’s state-owned energy company Gazprom in southeastern Europe. The tax has angered Bulgaria's neighbor Serbia, as well as fellow EU member Hungary, which are heavily dependent on Russian gas.
Billionaire behind the lottery took 19 months to cut ties with Kremlin-backed Gazprom![img](/img/external-link.svg)
Karel Komarek is the Czech Republic’s third richest person with a fortune of $8.1bn. His business empire was until last month involved with Kremlin-backed Gazprom. He promised the UK Government he would sever ties to the company.
Billionaire behind the lottery took 19 months to cut ties with Kremlin-backed Gazprom![img](/img/external-link.svg)
Karel Komarek promised the UK Government he would sever ties to Gazprom. His commitment came after Russia launched its attempted invasion of Ukraine. But his holding company retained a 50pc ownership stake in a gas storage facility in Moravia.
China and Russia step up work on new gas route – CNPC![img](/img/external-link.svg)
Far Eastern natural gas route is estimated to have an annual capacity of 10 billion cubic meters. Gazprom is cooperating with China to accelerate the launch of gas supplies via the Far Eastern route. In February, Moscow and Beijing sealed an agreement for additional natural gas supplies to China.
Russian energy giant reveals strategy to replace EU markets![img](/img/external-link.svg)
Gazprom is planning to expand natural gas supplies to Kazakhstan, Uzbekistan, and Kyrgyzstan. CEO Aleksey Miller said the parties aim to establish the contractual basis for collaboration by mid-2024. Miller noted Gazprom’s successful decades-long cooperation with the three countries.
Gazprom delivers second LNG shipment to China, taking...![img](/img/external-link.svg)
Gazprom delivers second LNG shipment to China, taking Suez Canal - LSEG data. Russia says it is developing alternative routes for energy supplies to Asia, including through the northern sea route.
‘Too soon’ to assess impact of Ukraine’s halt to Russian gas transit – EU official![img](/img/external-link.svg)
The contract between Russian state energy major Gazprom and its Ukrainian counterpart, Naftogaz, expires next year. Russian gas flows through Ukrainian territory will stop unless the deal is extended. Brussels cannot yet assess the consequences of Kiev’s decision not to renew its gas transit agreement with Moscow.
EU country doubles Russian gas imports![img](/img/external-link.svg)
Austrian energy major OMV has been ramping up purchases under its long-term contract with Gazprom. OMV purchased an average of 5.4 terawatt-hours –or over 55 million cubic meters– of Russian natural gas on a monthly basis last quarter. The amount is more than double compared to last year’s import during same period.
Kiev won’t extend gas transit deal with Moscow – Naftogaz![img](/img/external-link.svg)
Ukraine does not plan to extend its gas transit agreement with Russia. The contract between Naftogaz and Russian state energy major Gazprom expires next year. Ukraine has grounds to terminate the contract with Russia ahead of schedule.
Young Russians favor jobs in fintech over energy sector – survey![img](/img/external-link.svg)
Most young Russians would prefer careers in the fintech (financial technology) sector to jobs in the oil and gas industry. A quarter said they would like to work at Tinkoff bank, 24% opted for Russian energy giant Gazprom, and 23% called Sberbank as the most favoured employer.