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

The move comes as the company has effectively lost its European export market, with the only remaining gas route to Europe now running through Turkey. Read also: Gazprom eyes massive 40% central staff cut,

The Russian Defense Ministry said that Ukraine launched six ATACMS missiles overnight at the Bryansk region, but that all of them were downed by air defenses. The ministry also said that 146 Ukrainian drones had been shot down outside the conflict zone over the last day.

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Gazprom chief executive Alexei Miller was notified ... economic challenges following Russia’s full-scale invasion of Ukraine, which has ravaged its finances. The energy group suffered its ...

The historic first marks a milestone in Washington’s bid to replace Russia as Europe’s top source of natural gas.

US President Joe Biden has stated that Kremlin's leader Vladimir Putin is in a "tough shape" following the imposition of extensive sanctions against Russian oil. Source: French news agency AFP, citing Biden's statement,

Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant grapples with the loss of most of its sales to Europe, state news agency TASS reported on Monday.

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against Ukraine.

MOSCOW. Jan 9 (Interfax) - Russian gas supply for transit via Ukraine has ended as the transit contract with Kiev expired, Gazprom said in a statement on January 1. "Gazprom was deprived of the technical and legal opportunity to supply gas for transit through the territory of Ukraine," the statement said.

"An important task now is to help Moldova overcome its energy challenges and prevent Moscow from stirring up social tensions. ... We are ready to help," President Volodymyr Zelensky said on Jan. 8.

Gazprom's board is proposing that about 1,600 managers and administrators be cut from its headquarters at St. Petersburg, citing recent challenges. Ukraine said it retrieved a diary from a North ...