The European Union is looking to end its reliance on Russia’s liquefied natural gas (LNG), with officials reportedly proposing to phase it out. The EU is also considering cutting its purchases of aluminum from the […]
Ukrainian President Zelenskyy says he is confident sanctions will ‘significantly reduce Russia’s petrodollar income’. The United States has imposed “sweeping” sanctions on Russia’s energy sector as Washington pushes to choke Moscow’s funds for the war […]
Kremlin-owned gas giant Gazprom has said it plunged to a net loss of 629 billion roubles ($6.9bn) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once […]
You may have seen headlines in recent days suggesting that Gazprom, the Russian government–owned energy behemoth, is standing up its very own military outfit—a possibility that hints of an ominous, corporate-feudalistic future for Russia. But […]
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