Gazprom

Russian oil and gas company

Follow Gazprom on Notably News to receive short updates to your email — rarely!

April 2025 Gazprom announced its plan to begin producing home appliances, diversifying from its traditional energy business.
2024 Gazprom faced a significant LNG tanker shortage, leading to the use of the Marshal Vasilevskiy floating storage and regasification unit (FSRU) for LNG exports from the Portovaya facility due to extended voyages of regular tankers avoiding the Suez Canal and Red Sea.
2023 India's GAIL initiated London arbitration proceedings seeking compensation for Gazprom's short delivery of LNG, disrupted by sanctions against a Gazprom subsidiary in Germany.
2023 Gazprom went to arbitration seeking €300m in unpaid gas from Gasum in Finland, with the arbitration deciding the amount was payable but not in rubles.
2023 Experienced a significant revenue decline to 8.5 trillion rubles. Produced 359 billion cubic meters of natural and associated gas, a 13% decrease from the previous year.
March 1 2023 The UK sanctioned Gazprom board members.
February 2023 Engie opened arbitration proceedings against Gazprom for short delivery of gas supplies.
February 2023 Russian Prime Minister Mikhail Mishustin signed an order authorizing Gazprom Neft (a subsidiary of Gazprom) to form its own private military organization, granting the company unprecedented security capabilities.
January 2023 Gazprom announced its gas exports fell 45% from 185Bcm to 101Bcm, primarily due to losing the European market following sanctions imposed on Russia.
2022 Gazprom ceased gas supplies to western companies that refused to pay through alternate means, creating the 2022–2023 Russia–European Union gas dispute.
2022 Gazprom made a profit of 1.226 trillion roubles ($15.77 billion), down 40% from the previous year.
2022 Gazprom suspended dividends for the first time since 1998 due to economic sanctions.
2022 In the context of the Russian invasion of Ukraine, Gazprom threatens to cut off gas supplies to French energy supplier Engie, escalating geopolitical tensions over energy resources.
2022 Gazprom was delisted from London, Berlin, Frankfurt, and Singapore stock markets due to international sanctions following Russia's actions.
2022 Gazprom's gas exports dramatically decreased from 185 billion cubic meters (Bcm) in 2021 to 100 Bcm in 2022.
2022 Reported revenue of 11.7 trillion rubles.
December 19 2022 European Energy ministers agreed on a price cap for natural gas at €180 per megawatt-hour to prevent Russia from forcing European gas prices upwards.
September 26 2022 A severe pressure drop occurred in both Nord Stream 1 and Nord Stream 2 pipelines, associated with a rupture in both pipes, which was suspected to be an act of sabotage.
July 18 2022 Gazprom sent a letter declaring force majeure during the Nord Stream 1 maintenance period, unable to guarantee gas supply.
March 2022 The European Union formally approved a ban on investments in the Russian energy sector, including Gazprom Neft.
March 31 2022 President Vladimir Putin signed a decree requiring alternative payment methods for gas supplies, leading to disputes with western gas companies.
March 24 2022 The UK sanctioned Gazprombank.
March 2 2022 The UK banned Gazprom from its debt and equity markets.
March 2 2022 Nord Stream 2 AG, a Gazprom subsidiary, ended business operations and laid off all 106 staff members due to international sanctions.
February 2022 Following the Russian invasion of Ukraine, Gazprom faced significant threats to its EU export market, with potential reduction of gas supply to Europe.
February 24 2022 Upon Russia's invasion of Ukraine, the U.S. expanded penalties on Nord Stream 2 AG, sanctioned its CEO Matthias Warnig, and expanded debt and equity prohibitions against Gazprombank, Gazprom, and Gazprom Neft.
February 22 2022 German Chancellor Olaf Scholz suspended certification of Nord Stream 2 after Russia recognized the Donetsk and Luhansk regions of Ukraine as independent republics.
January 2022 Displaced Sberbank as the largest company in Russia by market capitalization.
2021 Gazprom extended its UEFA Champions League sponsorship partnership until 2024.
2021 Gazprom relocated its headquarters from the Cheryomushki District in Moscow to the Lakhta Centre in Saint Petersburg.
2021 Natural gas reserves decreased to 30.22 trillion cubic metres from the 2019 peak.
October 2021 Gazprom and RusGazDobycha announced plans to build the Baltic LNG plant at Ust-Luga, with a planned capacity of 13 million tons of LNG per year.
August 2021 Russia's first LNG bunkering vessel, Dmitry Mendeleev, was completed for Gazprom.
July 2021 Nord Stream 2 pipeline was commissioned.
June 4 2021 Gazprom conducted emergency pipeline repairs that resulted in a massive methane plume over Russia, releasing 2.7 million cubic meters (1,830 metric tons) of methane, which has an environmental impact equivalent to 40,000 U.S. internal-combustion cars driving for a year.
April 2021 Gazprom became a sponsor of the International Amateur Boxing Association (AIBA) as 'general partner', a controversial partnership that ended in 2023.
March 2021 Russian Government authorized a long-term programme to develop and expand the liquefied natural gas (LNG) industry in Russia, planning nine additional LNG plants.
2020 Gazprom agreed to reimburse Poland's PGNiG approximately $1.5 billion for years of compelling the company to overpay for gas supply.
2019 Gazprom's natural gas reserves peaked at 34.89 trillion cubic metres, showing significant growth from previous years.
December 2019 The U.S. sanctioned firms involved in the Nord Stream 2 project.
December 2019 Gazprom pays $2.9 billion to Ukrainian counterpart Naftogaz following a Stockholm court ruling on damage claims related to alleged economic harassment.
December 20 2019 Russia began supplying natural gas to China through the Power of Siberia pipeline as part of the $400 billion energy pact.
2018 Gazprom reached a settlement agreement to remove contractual barriers to gas market competition in Central and Eastern Europe, allowing customers more flexible price reviews and agreeing not to seek damages from Bulgarian partners.
2018 Produced 497.6 billion cubic meters of natural and associated gas and 15.9 million tonnes of gas condensate, representing 12% of global natural gas output.
April 2018 The United States placed CEO Alexey Miller among the Specially Designated Nationals, barring U.S. individuals and entities from dealing with him.
2015 Gazprom's proved and probable reserves of natural gas increased by 3.8% compared to 2011. The company also reported 1.355 billion tons of crude oil reserves and 933.3 billion tons of gas condensate reserves.
September 2015 Nord Stream 2 pipeline contracts were signed.
April 22 2015 European Commission charged Gazprom with anticompetitive behavior, accusing the company of using territorial restrictions to prevent gas competition in eight Central and Eastern European countries and imposing unfair prices.
October 30 2014 Russia agreed to resume gas supplies to Ukraine over the winter in a deal brokered by the European Union.
September 12 2014 The United States barred U.S. persons from selling goods and services to Gazprom and Gazprom Neft for deepwater, Arctic offshore, and shale projects.

We are only showing the most recent entries for this topic.

This contents of the box above is based on material from the Wikipedia article Gazprom, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also