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Russia's Gazprom Plans HQ Job Cuts

Gazprom, Russia's energy giant, is discussing a 40% cut to its HQ staff as the war keeps Moscow cut off from Western customers

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

Barron's · 1d

Russia's Gazprom Plans HQ Job Cuts After Loss Of EU Market

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.

Hosted on MSN · 1d

Russia's Gazprom plans to cut staff at central office

Russian energy giant Gazprom plans to cut staff numbers at its central office in St. Petersburg, a company spokesperson said on Monday, as the company faces severe headwinds from the loss of its markets in Europe.

Daily Sabah · 1d

Russia's Gazprom considers HQ job cuts after loss of EU market

Russia's energy giant Gazprom is considering cutting hundreds of administrative jobs, a company spokesperson said on Monday, as the gas producer

The New Voice of Ukraine on MSN · 1d

Gazprom eyes massive 40% central staff cut, reports say

Earlier, media outlets circulated a leaked letter addressed to Gazprom CEO Alexei Miller. The document proposed reducing the number of employees at the central office and its St. Petersburg branch from 4,

Oil futures settle at a 5-month high

MarketWatch on MSN · 1d

Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil

U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil sector.

Reuters · 17h

Oil hedging hit record high last week after new US sanctions on Russia

Demand to lock in oil and gas prices jumped to a record high on Friday on the AEGIS hedging marketplace, as the harshest U.S. sanctions yet on Russian energy trade sent oil prices to multi-month highs.

Barron's · 41m

US Sanctions May Impact Russian, Iranian Oil Supplies: IEA

A colder winter has pushed global oil demand higher while new US sanctions on Russia and Iran could tighten supplies from those countries, the International Energy Agency said Wednesday.

Russia's Gazprom weighs slashing HQ jobs after losing most sales to Europe

Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant ...

22h

Putin's Energy Empire Suffers Triple Blow

U.S.-led sanctions have hit Russian oil exports. Moscow has accused Ukraine of trying to strike its last gas pipeline into ...

thedeepdive16h

Russian Energy Giant to Slash Head Office Workforce by 40%

Gazprom, Russia’s state energy corporation, plans to cut 1,600 positions at its St. Petersburg headquarters — reducing its ...

14h

Leader of Moldova's separatist region travels to Moscow for gas crisis talks

The leader of Moldova's breakaway region of Transdniestria has travelled to Moscow for talks to resolve an energy crisis ...

1don MSN

Russia's Gas Giant Braces for Mass Layoffs Amid Plunging Profits

Gazprom provided about 7 percent of Russia's federal budget in 2021, the year before Putin's full-scale invasion. By 2023, it was estimated to provide about half of that as sanctions, reduced ...

Ukrainska Pravda on MSN5d

Russian energy giant Gazprom teaches employees Turkish and relocates them and families out of Europe, Russian newspaper says

Nearly all employees of Russian energy giant Gazprom, who work on the Nord Stream and Turkish Stream gas pipelines, left the ...

Moldovan President Visits Area Hit by Blackouts, Blames Russia's Gazprom

(Reuters) - Moldovan President Maia Sandu visited areas hit by rolling power cuts on Thursday and blamed Russian gas giant ...

1don MSN

OMV sees positive Q4 earnings effect of $215 million from Gazprom arbitration

By Tristan Veyet and Isabel Demetz (Reuters) -Austrian oil and gas group OMV said on Tuesday it expected a positive impact of ...

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