NEWS
Russia - August 17, 2015
Russia’s Lukoil has beat out majority state-owned rival Rosneft to win an licence for the East Taimyr oilfield on Russia’s Arctic coast. The publicly held Lukoil,…
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Gazprom
Gazprom In Figures
Share of global output of gas: 12%
Number of employees: More than 475,000
Gazprom is one of the largest energy companies in the world. It has over 475,000 employees and is the major player overseeing Russia’s natural gas reserves, the largest proven reserves in the world. Originally an asset of the Soviet and later Russian state, Gazprom is now a public company, with the majority shareholder being the Russian government.
A fully vertically integrated energy company, Gazprom’s major business lines are exploration, production, transportation, storage, hydrocarbon processing and marketing, heat generation and power generation.
Gazprom is primarily known for the supply of gas through its network of gas pipelines. The company has dozens of subsidiaries and major pipelines through which it delivers gas to many export markets.
Gazprom aims to ensure maximally efficient and balanced gas supply in Russia and abroad.
Gazprom News and Interviews
NEWS
Iran - March 18, 2026
An Israeli strike on Iran’s South Pars gasfield has driven oil and gas prices higher and heightened energy security risks in…
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NEWS
Serbia - January 20, 2026
MOL Group has signed a deal to acquire a 56.15% stake in Serbia’s NIS from Gazprom Neft.
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NEWS
South Africa - July 03, 2024
TotalEnergies has notified South Africa's oil and gas regulator that it plans to exit the 11B/12B offshore gasfield.
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NEWS
Russia - March 26, 2024
Gazprom has acquired a 27.5% stake in the Sakhalin-2 LNG project from Shell for around USD 1 billion.
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NEWS
Russia - August 11, 2015
On Monday, Russia’s state-owned oil and gas company Gazprom announced that the cost of construction for the Turkish Stream pipeline was estimated at €11.4 billion,…
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NEWS
Turkey - July 30, 2015
Negotiations between Russia and Turkey on the Turkish Stream pipeline project have been suspended, following disagreement over pricing and permit…
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NEWS
Russia - July 29, 2015
Russia’s Gazprom is on track to turn in gas output figures for 2015 that would be the lowest since the company was formed following the dissolution of the Soviet…
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NEWS
Russia - July 09, 2015
Italian oil services contractor Saipem will no longer carry out its $2.7 billion contract to lay the natural gas pipeline under the Black Sea for the Turkish Stream…
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NEWS
Ukraine - July 01, 2015
As of July 1, Ukraine’s Naftogaz is halting gas imports from Russia’s Gazprom.
The Ukrainian state company made the announcement on Tuesday after negotiations in…
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NEWS
China - June 29, 2015
China has begun construction on a spur to Russia’s Power of Siberia gas pipeline, energy officials from the two countries announced on Monday.
A ceremony was held…
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NEWS
Iraq - June 25, 2015
Gazprom Neft has almost doubled oil production at the Badra oilfield in Iraq, the company announced on Wednesday.
The Russian international and its partners have…
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NEWS
Russia - June 25, 2015
Total will withdraw from an agreement with Lukoil to develop challenging oil and gas plays, the Russian company’s CEO has said.
Russian daily Kommersant cited…
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