Latest news
Construction South Stream project to start in December 2012
Following the authorization from Russian Prime Minister Vladimir Putin, the energy major Gazprom decided to speed up considerably the implementation of the South Stream gas project.
read more... 03/02/2012
Gazprom to strengthen its power activities merging with Renova
According to the announcement of the Russian energy giant Gazprom on Wednesday, the company plans to consolidate its power generation activities by merging with Renova group by the end of the first quarter 2012. The companies confirmed their intention to complete a merger of the energy activities and consented to extend the Memorandum of Understanding until the end of the first quarter 2012.
read more... 20/01/2012
Gazprom to slash by 60% its 2012 investment program
The Russian energy giant Gazprom announced on Tuesday that it has decided to slash its 2012 investment program by 64% to 776.648 billion rubles ($24.232 billion) year-on-year, while it will double its dividends.
read more... 21/12/2011
Gazprom first half net profit jumps 56 percent to 25 billion dollars
Gazprom, the largest Russian state gas monopoly, announced on Wednesday its first half net profit that registered a 56 percent increase in the first half net profit to 771.669 billion rubles (25 billion dollars).
read more... 10/11/2011
Gazprom Oil to upgrade its refineries before 2018
The Russian giant, Gazprom Oil alongside its Investment Program unveiled its plans to upgrade its refineries before 2018.
read more... 25/10/2011