Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.
Russia's gas giant Gazprom struggles
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.
Gazprom's proposals align with the key objectives set out in Russia's Energy Security Doctrine, which according to the law on strategic planning in the Russian Federation must be taken into account when drafting strategic planning documents, including the ES-2050 project, Sakharov said.
In the days before former President Joe Biden left office, the U.S. announced two new rounds of sanctions against Russia, including expansive
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.
Liquefied natural gas (LNG) from Russia to the European Union may be phased out by Brussels, according to Bloomberg.
Tennis Australia says it has advised its players against competing in Russia following reports that Davis Cup team member Thanasi Kokkinakis featured in an exhibition in St. Petersburg two months ago
Russia's energy giant Gazprom is considering cutting hundreds of administrative jobs, a company spokesperson said on Monday, as the gas producer
Gazprom's board is proposing that about 1,600 managers and administrators be cut from its headquarters at St. Petersburg, citing recent challenges.
Russia has long used its plentiful energy resources as a tool to exert control over the region, where independence from Russian energy is tied to political sovereignty.
Zelenskyy said last year he had no intention of renewing the gas transit deal, stressing the importance for Europe of moving on from Russia and not allowing the Kremlin to ‘earn additional billions’ on Ukrainian blood.