Tag: Western sanctions
Putin’s North Sea oil profits collapse
Kremlin-owned energy giant Gazprom suffered a collapse in its North Sea profits last year as sanctions and the windfall tax battered the business.Gazprom UK,...
Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it
Russia's oil and gas profits are under pressure.Before the war, Russia supplied 40% of Europe's gas. It's now down to 15%.Russia's Foreign Minister...