gazprom

Gazprom suffers $13.1 billion loss in 2024

Gazprom’s losses averaged $251 million per week, $35 million per day, or $1.4 million per hour. While the company’s total revenue increased by 11% and its gas revenue by 14%, it still ended the year with a sales loss of 192 billion rubles ($2.3 billion). The company’s financial troubles were compounded by falling share prices …

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Majority Russian State owned oil and gas giant Gazprom reports record net loss for the first time in 25 years in blow to Putin

Russian natural gas giant Gazprom plunged to a loss of 629 billion roubles (£5.5bn) last year as its sales to Europe more than halved following Vladimir Putin’s decision to invade Ukraine. The energy giant’s shares in Moscow were down around 3.3pc after revealing the downturn, which was far steeper than the 447 billion rouble (£3.9bn) …

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