Friday, 14 March 2025

Focus on Gazprom

Per Wikipedia: PJSC Gazprom is a Russian majority state-owned multinational energy corporation headquartered in Saint Petersburg. The Gazprom name is a contraction of the Russian words gazovaya promyshlennost (газовая промышленность, gas industry).

FILE PHOTO: The logo of the Nord Stream 2 gas pipeline project is seen on a large diameter pipe at Chelyabinsk Pipe Rolling Plant owned by ChelPipe Group in Chelyabinsk, Russia February 26, 2020. REUTERS/Maxim Shemetov/File Photo
BusinessEconomyInfrastructureNatural GasNewsPoliticsTradeTransmission

US issues fresh sanctions related to Nord Stream 2 pipeline

The U.S. imposed new sanctions on Russian entities linked to the Nord Stream 2 pipeline, targeting its operator and associated vessels.

FILE PHOTO: Serbia's President Aleksandar Vucic looks on during a press conference in Belgrade, Serbia, November 6, 2024. REUTERS/Zorana Jevtic/File Photo
FuelNewsOilPoliticsTrade

US mulls sanctions against Serbian oil firm majority owned by Russians, president says

UK and EU sanctions would likely follow, affecting oil shipments through a pipeline from Croatia.

An employee works at the Chisinau-1 gas distribution plant of Moldovatransgaz energy company in Chisinau, Moldova March 4, 2023. REUTERS/Vladislav Culiomza
Natural GasNewsPolitics

Moldova declares state of emergency as risk of Russian gas cutoff looms

Moldova's parliament voted to impose a 60-day state of emergency starting Dec. 16 due to an expected cutoff of Russian gas supplies.

FILE PHOTO: A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
BusinessEconomyNatural GasNewsPoliticsTradeTransmission

Gazprom 2025 plan assumes no more transit via Ukraine to Europe, source says

Gazprom plans for no gas transit via Ukraine after Dec. 31, as Ukraine seeks to end the transit deal, hurting Russian-European energy ties.

Gas tanks are pictured at Austria's largest natural gas import and distribution station in Baumgarten May 2, 2014.  REUTERS/Heinz-Peter Bader/File Photo
BusinessNatural GasNewsPoliticsTrade

Austria’s half-century bond with Gazprom ended by gas seizure, sources say

OMV's seizure of Russian gas to settle an arbitration award ended over 50 years of Gazprom gas flows to Austria.

FILE PHOTO: A man walks past the logo of Gazprombank during the Saint Petersburg international gas forum in Saint Petersburg, Russia September 15, 2022. REUTERS/Anton Vaganov/File photo
BusinessEconomyFuelLegislationNatural GasNewsOilPoliticsTrade

New U.S. sanctions probably spell end of EU energy payments through Russia’s Gazprombank

"EU payments for energy resources through Gazprombank will likely become impossible at the end of 2024," analysts say.

A view of the logo of Austrian energy company OMV displayed atop a modern glass building.
BusinessNatural GasNewsPoliticsTrade

Russia resells more gas in Europe after cutting off Austria, sources, data show

Russian gas flows to Austria are halted for a second day, but other European buyers snap up unsold volumes.

FILE PHOTO: Svobodny, Russia November 29, 2019. REUTERS/Maxim Shemetov.
Natural GasNewsPoliticsTrade

Gazprom: Russia pumping gas via Ukraine but volumes to Austria cut

Russian gas giant Gazprom halts supplies to Austria’s OMV, but Ukraine-Europe flows stay steady.

Gas drying towers are pictured at Gas Connect Austria's gas distribution node in Baumgarten some 40 km (25 miles) east of Vienna March 6, 2013.  REUTERS/Heinz-Peter Bader/File Photo
BusinessNatural GasNewsPoliticsRegulationsTradeTransmission

Austria to be cut off from Russian gas from Saturday

Russia's Gazprom has told Austria that it is suspending gas deliveries from Saturday, a gas flow monitoring platform reported on Friday.

FILE PHOTO: A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/File Photo
Natural GasNewsOilPolitics

Russia seeks over $1 billion in damages from Shell, report says

Russia has filed a lawsuit against eight Shell units that left Russia after the military conflict with Ukraine began.

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