Gazprom Reports 9.5 Percent Drop in 2012 Profit on Waning Demand, Rising Costs
Gas – Bloomberg reported that Gazprom's 2012 profits fell by 9.5 percent in the midst of rising costs and dwindling European demand.
Articles Tagged "Gazprom"
Polish Treasury Minister Fired After Failure to Supervise Relations Between PGNiG and Gazprom
Gas – Reuters reported that the Polish Prime Minister has fired his Treasury Minister over allegations that he did not supervise relations between Polish PGNiG and its dealings with Russia's Gazprom. As quoted in the market report:
Gas Market Update (April 9, 2013)
Gas – A brief overview of gas price developments, supply and demand and significant market movers.
Gazprom Signs Gas Contract with Serbia Through 2021
Gas – Bloomberg reported that Gazprom signed the first long-term gas contract with Serbia, to run through 2021, as Gazprom considers investing in gas-fired plants there.
Gas Market Update (March 26, 2013)
Gas – A brief overview of gas price developments, supply and demand and significant market movers.
Ukraine Seeks Pipe Lease Reduction From Gazprom in Meeting with Putin
Gas – Bloomberg reported that Putin is meeting with Ukrainian leader Yanukovych to discuss the Ukraine's request to reduce gas pipe lease prices from OAO Gazprom (GAZP).
Shell and Ukraine Sign Landmark Gas Deal
Gas – Royal Dutch Shell has confirmed a production-sharing contract to explore shale natural gas reserves in Ukraine in a deal worth approximately $10 billion.
Gazprom Bills Ukraine for $7 Billion
Gas – Bloomberg reported that Gazprom has billed Ukraine’s state-run energy company for $7 billion bill for failing to import their obligated natural-gas volumes in 2012.
Weekly Round-Up: China, US Off to a Strong Start in 2013
The world’s two biggest economies continued to show signs of recovery this week, helping lift resource prices.
Gazprom Q3 Profit Rises, Spending a Concern
Gas – Reuters reported that Gazprom reported negative free cash flow in Q3, which is causing analysts concern about their rate of spending.
