|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.00 - 0.00|
|PE ratio (TTM)||2.82|
|Forward dividend & yield||2.10 (8.25%)|
|1y target est||N/A|
Ukraine state oil and gas firm Naftogaz said on Tuesday a London court has granted its request to freeze the British assets of Russia's Gazprom (GAZP.MM), part of its efforts to enforce an earlier arbitration ruling from Sweden. Naftogaz has said it would go to court to seize Gazprom assets in Europe, but would not touch Russian gas transit through Ukraine. "Within 48 hours of receiving the order (which will be deemed to occur when the courier delivers the order to Gazprom's Moscow office), Gazprom must provide Naftogaz with a list of all its assets with a value greater than $50,000 located in England or Wales," Naftogaz said in a statement.
Ukraine state oil and gas firm Naftogaz said on Tuesday a London court has granted its request to freeze the British assets of Russia's Gazprom, part of its efforts to enforce an earlier arbitration ruling from Sweden. Naftogaz has said it would go to court to seize Gazprom assets in Europe, but would not touch Russian gas transit through Ukraine. "Within 48 hours of receiving the order (which will be deemed to occur when the courier delivers the order to Gazprom's Moscow office), Gazprom must provide Naftogaz with a list of all its assets with a value greater than $50,000 located in England or Wales," Naftogaz said in a statement.
MOSCOW (Reuters) - Russia's gas monopoly Gazprom (GAZP.MM) said on Tuesday it will continue defending its rights in accordance with the law after a British court ruled to freeze its assets. Ukraine state ...
Russia's gas monopoly Gazprom said on Tuesday it will continue defending its rights in accordance with the law after a British court ruled to freeze its assets. Ukraine state oil and gas firm Naftogaz ...
The idea of building a conduit to carry natural gas from the Russian Far East to South Korea has been around since the 1990s. From 2008 to 2011, as Russia’s gas giant, Gazprom PJSC, was building a pipeline as far as Vladivostok, the company signed a memorandum of understanding with North Korea and a framework agreement with Seoul’s Korea Gas Corp. to extend it south. With North Korea’s relations with the U.S., Seoul, and China now on the mend, and South Korea trying to reduce its dependence on coal and nuclear power, the pipeline would seem an obvious piece of economic diplomacy.
OMV (OMVV.VI) will seek talks with Norway about the Austrian energy group's planned asset swap deal with Gazprom (GAZP.MM) in order to address Oslo's concerns, the chief executive said. In 2016, OMV agreed to swap 38.5 percent of its Norway assets for 24.98 percent of the Russian company's Urengoy gas field.
Russian gas giant Gazprom will make a decision on the expansion of Sakhalin-2 project, which produces liquefied natural gas, in the fourth quarter 2108 or in the first quarter of 2019, Deputy CEO Alexander ...
Souring trade relations between the Trump administration and the EU are great news for Russia as the U.S. alienation of allies could boost Russia-EU energy ties
Naftogaz has had approval from a Dutch court to freeze Gazprom assets in the Netherlands as the Ukrainian company seeks to enforce the $2.6 billion that it was awarded by an arbitration court
VIENNA (Reuters) - Kremlin-controlled gas producer Gazprom and Austrian energy company OMV signed a new deal on Tuesday on Russian gas supplies to Austria through to 2040, a Reuters correspondent reported ...
As Donald Trump’s trade policy risks worsening economic conflict with the European Union, Russia’s Vladimir Putin is strengthening ties with the region. Putin will mark 50 years of gas exports to Europe at an event in Vienna on Tuesday. A controversial 9.5 billion-euro ($11 billion) pipeline to feed more supplies from Siberia directly into Germany is progressing despite a U.S. sanctions threat.
Russian energy major Rosneft (ROSN.MM) is increasingly challenging domestic rival Gazprom (GAZP.MM) in international gas markets, from West Africa to Turkey and even Europe, according to five industry sources with knowledge of the matter. Last week, Rosneft won a multi-billion dollar contract in Ghana that had been targeted by Gazprom, the sources said. It also signed a gas fields and pipeline deal in Iraqi Kurdistan aimed at supplying gas to Turkey and Europe - Gazprom's core markets.
Russian energy major Rosneft is increasingly challenging domestic rival Gazprom in international gas markets, from West Africa to Turkey and even Europe, according to five industry sources with knowledge of the matter. Last week, Rosneft won a multi-billion dollar contract in Ghana that had been targeted by Gazprom, the sources said.
Ukraine's state energy group Naftogaz said it has asked Swiss courts to enforce a ruling that it receive $2.6 billion (2 billion pounds) from Russian giant Gazprom (GAZP.MM) after a long-running legal battle. "The company confirms that it has asked the Swiss courts to enforce the award, and understands that Swiss authorities already have taken measures against Gazprom's assets there," Naftogaz said in a statement on Wednesday. The ruling, made by the Stockholm arbitration court in February, was meant to conclude a legal battle over gas deliveries.
Gazprom PJSC’s profit jumped to the highest in three years as natural gas sales to Europe surged. The average estimate of 6 analysts surveyed by Bloomberg Data was for a profit of 349 billion rubles. “Gazprom may show really exceptional results this year, backed by exports to Europe, yet that wouldn’t necessarily mean an extra gain to its shareholders,” said Andrey Polischuk, an energy analyst at Raiffeisen Centrobank in Moscow.
Gazprom PJSC’s profit jumped to the highest in three years as natural gas sales to Europe surged. The results may raise pressure on Gazprom’s management to increase its dividend payout, something the company has resisted as it’s boosting investment in projects that will expand its reach deeper into Europe and Asia. Gazprom is sponsoring the Nord Stream 2 link that will funnel gas into Germany underneath the Baltic Sea, bypassing political hot spots along the main existing transport route through Ukraine.
Russian state gas giant Gazprom (GAZP.MM) said on Saturday it had signed a protocol with the Turkish government on a planned gas pipeline and agreed with Turkish firm Botas to end an arbitration dispute over the terms of gas supplies. The protocol concerned the land-based part of the transit leg of the TurkStream gas pipeline, which Gazprom said meant that work to implement it could now begin. Turkey had delayed issuing a permit for the Russian company to start building the land-based parts of the pipeline which, if completed, would allow Moscow to reduce its reliance on Ukraine as a transit route for its gas supplies to Europe.
ST PETERSBURG (Reuters) - Alexander Dyukov, the head of Russian oil major Gazprom Neft (SIBN.MM), said on Friday he supported the possible easing of restrictions on oil production this summer. He said ...
The European Commission has settled a seven-year antitrust dispute with Gazprom, which was required to make concessions but avoided a fine. Although the Russian natural gas monopoly's detractors in Eastern Europe are likely to say Europe caved, the settlement announced Thursday shows that the company has been defanged and is no longer a threat to Europe’s energy security. Margrethe Vestager, the European Union’s competition commissioner, has demanded billions of dollars in fines from U.S. tech companies such as Apple and Google.
Russia’s natural gas export monopoly is set to expand its position as the dominant fuel supplier to Europe after a deal between the two resolved a seven-year-old anti-trust dispute. The agreement between Gazprom PJSC and the European Commission gives gas buyers more flexibility in handling imports and greater leverage to push for lower prices. Easing tensions with Russia will make it more difficult for countries from the Middle East and Americas to get a piece of Europe’s lucrative energy market, where gas is trading at roughly double the level prevailing in the U.S. Cheaper supplies on more flexible terms also makes it more difficult for Europe to broaden its sources of energy to reduce the risk of a cutoff from any one of them, an idea that President Donald Trump’s administration has been pressing.
Gazprom pledged to set gas prices in line with open Western European markets, allow clients to more frequently ask for price revisions and remove restrictions on reselling gas across borders, according to the European Commission, the EU’s executive body. The EU’s agreement with Gazprom drew fire from some member countries and risked stoking trans-Atlantic tensions by widening bilateral clashes on issues ranging from trade to foreign policy.
Russian gas giant Gazprom clinched a deal with EU antitrust regulators on Thursday to reform its pricing structure and allow rivals a foothold in eastern Europe, avoiding fines in a case that has dragged on for seven years. Europe's competition enforcer said Gazprom's concessions allay concerns of market abuse, ending the EU's longest running antitrust saga that began with dawn raids at 20 offices in 10 countries in 2011.
BRUSSELS (AP) — The European Union on Thursday imposed obligations on Russian state-owned energy giant Gazprom to improve the flow of gas at competitive prices in eastern EU nations, but did not fine the company.
MOSCOW (Reuters) - Abu Dhabi's state-owned Mubadala Investment Company has acquired a 44 percent stake worth at least $271 million (203 million pounds) in an oil subsidiary of gas giant Gazprom ...
European Commissioner for Competition Margrethe Vestager will hold a news conference on Thursday to announce an antitrust decision, which is expected to be on Gazprom (GAZP.MM). The European Commission said in a statement that Vestager would hold a news conference, indicating it was likely to be at around 1200 CET (1000 GMT), on an antitrust decision, without specifying the subject. The Commission is expected to end a seven-year-long investigation into Gazprom after the Russian gas company agreed to reforms aimed at bringing down gas prices in eastern Europe and paving the way for rivals in the region.