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OGZPY / UK government could take control of Gazprom's retail supply arm within days - report

The UK government could take control of the retail supply arm of Russian gas giant PJSC Gazprom within days, Sky News reported, citing an industry source. Gazprom Marketing & Trading Retail Ltd (GM&T) is the supplier of more than a fifth of the UK's commercial gas by volume and provides gas and electricity to more than 30,000 commercial customers in the UK, including parts of the NHS and local councils, via its Gazprom Energy unit. Read More

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Posted: Apr 4 2022, 06:00

Author Name: Proactive Investors

OGZPY News

By Fox Business
July 25, 2022

Russia's Gazprom slashes natural gas flow to Germany

Gazprom further reduced natural gas flows through the Nord Stream 1 pipeline to Germany on Monday as Europe scrambles for alternative energy supplies.

By Reuters
July 25, 2022

Russia's Gazprom gas cut crushes hopes after grain deal

KYIV (Reuters) -Russia's Gazprom is set to cut supplies further through its single biggest gas link to Germany, crushing hopes a deal over grain suppl

By CNBC
July 19, 2022

Four Nord Stream pipeline scenarios with global markets on edge ahead of crucial Gazprom decision

One of the most impactful market events of the year may have to do with Vladimir Putin and his plans for a pipeline.

By Business Insider
July 19, 2022

Russia's Gazprom says it cannot guarantee natural gas deliveries to European customers — as its exports to China hit an all-time high

Fears are growing that Russia will permanently slash its natural gas exports to Europe, in what could be a hammer blow to the region's economy.

By Market Watch
July 13, 2022

Gazprom casts doubt on natgas pipeline's quick return to full flow to Europe

Russian energy giant Gazprom appeared to cast doubt Wednesday on the prospects of quickly restoring the flow of natural gas to full capacity through a

By Business Insider
July 5, 2022

Russia eyes $22 billion in windfall tax revenue from Gazprom amid skyrocketing natural gas prices

The state-run gas producer would pay the Kremlin 1.25 trillion rubles from September to November under a new windfall tax.

By Business Insider
July 1, 2022

Russian gas giant Gazprom's shares slumped 30% after it nixed dividends for the first time since 1998

Gazprom's board had earlier recommended a record dividend payout after the company reported record profits for 2021.

By Reuters
June 30, 2022

Russian rouble up; Gazprom shares plummet after it skips dividend

The Russian rouble rose on Thursday, heading towards its strongest levels since 2015 as it retained support from high commodity prices, while shares i

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