The Latest Breaking News from Gazprombank

Russia is cutting gas supplies to Poland and Bulgaria, and is threatening to cut off other countries in Europe.

Russia's playing hardball on natural gas

EU companies may be able to work around Russia's demand to receive gas payments in rubles without breaching sanctions if they pay in euros or dollars which are then converted into the Russian currency, the European Commission said on Friday. The companies would also need to seek additional conditions on…

Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy Prime Minister Alexander Novak said on Friday.

London-listed company facing financial pressures after UK placed sanctions on key Russian client

Russian President Vladimir Putin is demanding payment in rubles for natural gas — or else

Russian officials say their demand that natural gas be paid for in rubles doesn’t mean supplies will be immediately interrupted

Germany and France are preparing for Russian gas supplies to dry up after President Vladimir Putin announced that EU purchases must be made in rubles starting from 1 April. Berlin has already warned that Europe would not be "blackmailed" by Moscow.

Russian gas continues to flow into Europe after President Vladimir Putin threatened to cut off supplies unless they are paid in roubles, a demand rejected by European leaders as a breach of contract. However, Putin's decree does include a mechanism under which foreign buyers would set up special accounts at…

Moscow threatens to halt contracts supplying Europe with a third of its gas unless they are paid in Russian currency.

Russian president signals supplies to Europe could be halted, but details of deal suggest shutoff is unlikely