The Latest Breaking News from Gazprom

Already-strained global gas supplies have been shaken once again. An LNG terminal in Texas will remain offline for longer than expected after a fire last week, while Russia's Gazprom has said it's cutting supplies to Europe by some 40 percent. Also in the show: investors look ahead to a possible…

Russian state-controlled energy giant Gazprom says gas deliveries through a key pipeline to Europe will drop by around 40% this year

Hungary's divisive leader has once again got his own way with the European Union - this time in tough negotiations on Russian oil at the recent summit in Brussels.

Denmark’s largest energy company says Russia cut off its gas supply because it refused to pay in rubles

A regional governor in southern Ukraine says Russian troops are retreating and blowing up bridges to obstruct a possible Ukrainian advance

Russia's Gazprom said on Tuesday it would cut off gas flows to Denmark's Orsted and to Shell Energy for its contract to supply gas to Germany, after both companies failed to make payments in roubles. The cuts will be effective from June 1, Gazprom said. Russia has already cut off…

Gazprom turns off the taps after EU move to embargo most Russian oil imports and companies miss deadline to pay in roubles

In the most significant effort yet to punish Russia for its war in Ukraine, the European Union agreed to ban the overwhelming majority of Russian oil imports

European Union leaders have agreed to ban more than two-thirds of Russian oil imports, tightening economic screws on the country even as Moscow's forces press their offensive in Ukraine's eastern Donbas region. The compromise deal reached late Monday, meant to punish Russia for its invasion three months ago, cuts "a…