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Latest Finance News related to Gazprom

£220,000: the price super-rich will pay to keep their privacy image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:04:29 AM
.... It has been reported that Russian billionaire Andrey Goncharenko owns it and several other luxury homes in London, including the £15m Eaton Square mansion recently taken over by squatters. The Observer attempted to contact Goncharenko, an executive at the Russian-government-owned energy company Gazprom, to ask why he continues to hold the properties via companies even though his ownership is widely known. ...
Rolls-Royce faces civil service inquiry over UK state funding image
Source : Guardian [Read Article] Sunday 5th of February 2017 03:29:06 PM
....Rolls-Royce has told the Guardian that in three of these cases, it had declared to UKEF at the time it applied for financial support that it had not used corrupt methods to secure the orders. UKEF backed a £330m contract for Rolls-Royce to supply the Russian state-owned company Gazprom with gas compression equipment in 2008. ...
Rolls-Royce apologises in court after settling bribery case image
Source : Guardian [Read Article] Tuesday 17th of January 2017 01:29:50 PM
.... Some of the funds paid were intended to be used for employees of CEA to attend a two-week MBA course at Columbia University, including what Whittam described as “four-star accommodation and lavish extracurricular activities”. • In Russia, Rolls-Royce won a contract to supply equipment to the state-owned energy company Gazprom by making payments to a senior Gazprom official. ...
Ireland may not get Apple's €13bn back taxes in full, EU says image
Source : Guardian [Read Article] Monday 19th of December 2016 11:56:26 AM
.... It allows the commissioner to become Dane of the year for 2016,” he said, referring to the title accorded by Danish newspaper Berlingske last month. Under Vestager, the commission has also taken on McDonald’s, Starbucks and Italy’s Fiat over tax, and launched investigations into overcharging by Gazprom, one of Russia’s most powerful companies. ...
Fifa signs China's Wanda as partner image
Source : BBC [Read Article] Friday 18th of March 2016 02:47:16 PM
.... . Fifa's top five sponsors - Coca Cola, Gazprom, Adidas, Visa, Hyundai - paid some $180m to the governing body between them in 2015. ...
VIDEO: Europe's need for Russian gas: In 60 seconds image
Source : BBC [Read Article] Tuesday 16th of February 2016 05:25:51 PM
. Now it's winter, a question being increasingly asked again, is what if Russia's Gazprom closes off its supply of gas - particularly to customers in eastern and central Europe - as it has on occasion in the past? . ...
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Dollar tumbles as Fed rescues China in the nick of time image
Source : Telegraph [Read Article] Thursday 4th of February 2016 08:35:43 PM
.... These debtors have faced a double shock from the rising dollar and a jump in global borrowing costs. RBS calculates that more than 80pc of the debt of Alibaba, CNOOC, Baidu and Tencent is in US dollars, with Gazprom, Vale, Lukoil and China Overseas close behind. ...
Margrethe Vestager: the woman prepared to take Google to task over tax image
Source : Guardian [Read Article] Thursday 28th of January 2016 04:50:08 PM
....At a time when the foundations of the European Union have never looked shakier, Margrethe Vestager is a powerful reminder that Brussels, when it works as it should, has clout. The EU competition commissioner’s threat to investigate the British government’s controversial tax settlement with Google and take action if she deems it necessary is no empty one, as multinationals such as Fiat, Starbucks, Gazprom and – in a separate case – Google can attest. ...
EU ready to scrutinise UK Google tax deal in avoidance crackdown image
Source : Guardian [Read Article] Thursday 28th of January 2016 01:00:20 PM
....The intervention by two of the most powerful economic policymakers in Europe is part of the EU’s two-fold attack on aggressive tax avoidance by multinationals. Vestager is examining whether the Irish government’s tax treatment of Apple amounts to illegal subsidies, and has also launched inquiries into Gazprom and Amazon. ...
Ukraine steps up gas dispute by fining Gazprom $3.5bn image
Source : Telegraph [Read Article] Friday 22nd of January 2016 12:19:42 PM
. Ukraine’s competition authority says it will fine Gazprom $3. ...
Gazprom threatens Kiev with $2.6bn gas bill image
Source : Telegraph [Read Article] Tuesday 19th of January 2016 02:40:17 PM
. Russian gas giant Gazprom has demanded Ukraine pay $2. ...
Glimmers of hope for oil as Russia poised to slash output  image
Source : Telegraph [Read Article] Thursday 14th of January 2016 09:15:14 PM
.... The oil-pipeline monopoly Transneft said Russian companies are likely to cut crude shipments by 6. 4pc over the course of 2016, based on applications submitted so far by Lukoil, Rosneft, Gazprom and other producers. ...
Ukraine halts Russia debt repayments image
Source : BBC [Read Article] Friday 18th of December 2015 12:28:21 PM
....Ukraine and the West have also accused Russia of arming and aiding separatist rebels in eastern Ukraine, allegations that Russia has denied. In November, Russian energy supplier Gazprom halted gas supplies to Ukraine. ...
Russia is so fed-up with Western credit rating agencies, it has launched its own image
.... . Karl Johansson, who worked for audit firm EY for 20 years, was elected chairman, while former number two at Russia's Gazprombank, Ekaterina Trofimova, was named executive director. ...
Russia halts Turkey gas project talks image
Source : BBC [Read Article] Thursday 3rd of December 2015 02:01:34 PM
....Turkey's Prime Minister Ahmet Davutoglu has now said Ankara will speed up work on a pipeline called Tanap, to take delivery of Azerbaijani gas from the Caspian Sea. Russia's state-controlled gas giant Gazprom says Russia and Turkey agreed in February on the TurkStream route. ...
Ukraine bans all Russian planes image
Source : BBC [Read Article] Wednesday 25th of November 2015 12:57:44 PM
. Ukraine has banned all Russian planes from using its airspace and exports of Russian gas to Ukraine have been halted by state-controlled giant Gazprom. ...
Shell stops Arctic oil exploration image
Source : BBC [Read Article] Monday 28th of September 2015 06:33:19 AM
.... . There is also one field in operation in the Russian Arctic owned by Gazprom Neft, the oil arm of Russian energy giant Gazprom. ...
UK ministers to study Gazprom's North Sea assets deal image
Source : Telegraph [Read Article] Monday 7th of September 2015 09:48:42 PM
. Ministers are to study Gazprom’s deal with BASF that hands the Russian firm assets in the North Sea. ...
Fewer than 50% of CEOs say Paris deal would make them act on climate change image
.... Of the 916 participating corporations, 805 said they support a legally binding plan to combat climate change. Among the list are 11 of the world’s largest energy companies, including Shell, Gazprom and Statoil. ...
Weak rouble boosts Gazprom profits image
Source : BBC [Read Article] Monday 10th of August 2015 11:13:36 AM
. Russian energy giant Gazprom has announced a sharp rise in profits thanks in large part to a weak rouble. ...
Fifa admits scandal puts off sponsors image
Source : BBC [Read Article] Friday 24th of July 2015 09:47:28 AM
.... Coca-Cola has had stadium advertising at every Fifa World Cup since 1950. Gazprom - the Russian energy giant signed up with Fifa in 2013 as a partner for all competitions in the period of 2015 to 2018, including the 2018 Fifa World Cup, which is due to take place in Russia for the first time. ...
Oil and gas crunch pushes Russia closer to fiscal crisis image
Source : Telegraph [Read Article] Thursday 23rd of July 2015 06:42:23 PM
.... . Output from country’s state-owned gas giant Gazprom has collapsed by 19pc over the past year as demand shrivels in Europe, falling to levels not seen since the creation of the company at the end of the Cold War. ...
EU accuses Sky and Hollywood's big six of illegally 'geo-blocking' film access image
....Related: Google and the dull artillery of EU antitrust litigation. The investigation was opened by Margrethe Vestager, the European commissioner in charge of competition, who is already making a name for herself with antitrust investigations into Google and the Russian state energy company Gazprom. ...
Fifa corruption: Sponsor Coca-Cola demands third-party reform image
.... . In May, trade unions and campaign groups wrote to Fifa's eight biggest commercial partners - Adidas, Gazprom, Hyundai, Kia, McDonald's, Budweiser, Coca-Cola and Visa - asking them to speak out about the treatment of workers in Qatar, host of the 2022 World Cup. ...
Greece finally admits €2bn gas pipeline deal with Russia image
Source : Telegraph [Read Article] Thursday 9th of July 2015 04:01:34 PM
.... . Reports in April suggested Moscow was ready to provide advanced payment to Greece for the "Turkish Stream" pipeline project, which will transport 47bn cubic metres of Gazprom's gas annualy from 2018. ...
Vanishing act: how global auditor failed to spot theft of 15% of Moldova's wealth image
.... The MPs concluded the banks had knowingly endangered their “capacity to make basic operations” such as paying out pensions and public sector salaries. The banks consistently misrepresented cash balances by using unorthodox “overnight deposits” – zero-interest deposits from Russian banks Interprombank, Gazprombank, Alef Bank and Metrobank – to disguise the lack of capital while continuing to give out nonperforming loans. ...
Ukraine stops Russian gas purchases image
Source : BBC [Read Article] Tuesday 30th of June 2015 09:59:34 PM
.... . A statement from Naftogaz said: "Since the additional agreement between Naftogaz and Gazprom is expiring on 30 June, and the terms of further Russian gas deliveries to Ukraine were not agreed at today's trilateral talks in Vienna, Naftogaz is suspending purchases from the Russian company. ...
Russia overtakes Saudi Arabia as largest supplier of oil to China image
Source : Guardian [Read Article] Wednesday 24th of June 2015 02:17:26 PM
....On top of that, Rosneft struck a $270bn deal to double oil supplies to China. Last year, a 30-year deal was signed by the state-owned gas company Gazprom worth $400bn to deliver gas to China. ...
Warts and all: the best and the worst bits about starting companies around the world image
....” . The only opportunities for start-ups in Russia lie in non-commodity-based businesses because of the domination of giant state monopolies such as Gazprom, he admits. ...
Fifa sponsors welcome Sepp Blatter's resignation as Qatar's stocks sink image
Source : Telegraph [Read Article] Wednesday 3rd of June 2015 07:50:37 AM
.... . A Gazprom spokesman said its deal to sponsor the 2018 Moscow World Cup would not be affected by the resignation. ...
Sponsors welcome Blatter resignation image
Source : BBC [Read Article] Tuesday 2nd of June 2015 07:32:19 PM
.... Coca-Cola has had stadium advertising at every Fifa World Cup since 1950. Gazprom - the Russian energy giant signed up with Fifa in 2013 as a partner for all competitions in the period of 2015 to 2018, including the 2018 Fifa World Cup, which is due to take place in Russia for the first time. ...
Greece must stop hoping for a miracle - it needs to leave the euro image
Source : Telegraph [Read Article] Monday 1st of June 2015 08:18:50 PM
.... Greece’s increasingly desperate attempts to find alternative sources of cash to allow it to keep the show on the road for a little longer will end up isolating it geopolitically. As my colleague Ambrose Evans-Pritchard has reported, Panagiotis Lafanzanis, the energy minister, has secured a deal with Russia’s Gazprom to build part of a new gas pipeline through Greece, with Russia offering up to €2bn in up-front credit as part of the transaction. ...
Defiant Tsipras threatens to detonate European crisis rather than yield to creditor
.... . The article comes as Panagiotis Lafanzanis, the energy minister and head of Syriza's powerful Left Platform, returns from Moscow after securing a provisional deal with Gazprom to build part of the "Turkish Stream" gas pipeline through Greece. ...
Fifa's Blatter defies calls to quit image
Source : BBC [Read Article] Thursday 28th of May 2015 11:34:23 AM
....One of those indicted, Chuck Blazer, the former top American official at Fifa, has already pleaded guilty to four charges and has been a co-operating witness for the FBI since he quit football in 2013. In addition to Coca-Cola and Visa, major sponsors Adidas, McDonald's, Hyundai Motor, Budweiser and Gazprom are also pressing Fifa to take immediate action to restore its reputation. ...
Fifa scandal 'a disaster' for sponsors image
Source : BBC [Read Article] Thursday 28th of May 2015 10:35:14 AM
.... . When Adidas, Gazprom, Hyundai-Kia, McDonald's, Budweiser, Coca-Cola and Visa signed their deals, they would have envisaged seeing their brands beamed into millions of households around the world. ...
Russian gas industry looks east image
Source : BBC [Read Article] Wednesday 27th of May 2015 11:00:12 PM
. Just two years ago, Gazprom spent a reported $1bn on its 20th birthday celebrations, with Sting and the Bolshoi ballet entertaining President Putin and company executives in a lavish gala dinner hosted at the Kremlin. ...
Fifa sponsors 'must act over Qatar' image
Source : BBC [Read Article] Monday 18th of May 2015 11:32:58 AM
....Letters have been sent to eight big sponsors urging them to use their position to put pressure on Fifa. They are Adidas, Gazprom, Hyundai, Kia, McDonald's, Budweiser, Coca-Cola and Visa. ...
Gas imports from Russia's Gazprom giant to soar after new Centrica deal image
Source : Independent [Read Article] Wednesday 13th of May 2015 11:29:26 PM
. Britain’s dependence on Russian energy is set to grow after Centrica announced a deal to increase significantly the amount of gas it buys from Gazprom to 4. ...
Centrica signs deal to import more gas from Norway and Russia image
Source : Guardian [Read Article] Wednesday 13th of May 2015 05:15:22 PM
....3 bcm per annum. The FTSE 100 company has also extended a deal with Gazprom, Russia’s state-owned gas company, to take delivery of 4. ...
Centrica to buy more gas from Russia's Gazprom and Statoil image
Source : Telegraph [Read Article] Wednesday 13th of May 2015 02:29:36 PM
. Centrica has extended its gas supply deal with Norway’s Statoil and Russia’s Gazprom in a move that will raise further concerns over the UK’s growing dependence on imports of the fuel. ...
Berlin insists only Europe can rescue the Greeks as ECB injects bumper emergency cash to banks image
...." . The government of Prime Minister Alexis Tsipras had been in talks with Russia's state energy giant Gazprom over a proposal to build a natural gas pipeline running through the country. ...
Gazprom profits hit by weak rouble image
Source : BBC [Read Article] Wednesday 29th of April 2015 09:08:48 AM
. Russia's largest energy company, Gazprom, has reported a big drop in annual profits after being hit by the fall in the value of the rouble. ...
Six things we learnt from Alexis Tsipras's marathon TV interview image
Source : Telegraph [Read Article] Tuesday 28th of April 2015 12:45:10 PM
.... . He added that the ambitious project, which is being run by state-backed Gazprom, would turn Greece into a major global energy hub. ...
US to launch blitz of gas exports, eyes global energy dominance  image
Source : Telegraph [Read Article] Sunday 26th of April 2015 07:08:24 PM
.... . Any future American cargoes would further erode Gazprom's pricing power in Europe, and erode the Kremlin's political leverage. ...
US alarmed by Greek energy alliance with Russia image
Source : Telegraph [Read Article] Thursday 23rd of April 2015 06:57:34 PM
.... . Ernest Moniz, the US Energy Secretary, said his country is pushing for an alternative gas pipeline from Azerbaijan that would help break the stranglehold that Russian state-controlled firm Gazprom has on European markets. ...
Debt crisis: Greece splashes €500million on navy aircraft despite looming bankruptcy  image
.... Head of the European Central Bank, Mario Draghi has said that "the answer is in the hands of the Greek government". Earlier this week the Greek prime minister Alexis Tsipras, who was elected in January, met with the Russian gas giant Gazprom, again prompting speculation that he could be trying to access cash from Vladimir Putin's regime in exchange for a pipeline through the country. ...
Gazprom accused of abusing its market position image
Source : Independent [Read Article] Wednesday 22nd of April 2015 10:04:30 PM
. The European Competition Commissioner, Margrethe Vestager, fresh from charging US tech giant Google with abusing its monopoly position, has levelled similar charges at Russian gas giant Gazprom. ...
Brussels accuses Gazprom of unfair pricing of gas in eastern Europe image
Source : Guardian [Read Article] Wednesday 22nd of April 2015 06:05:19 PM
. Europe’s anti-trust regulator has accused Russia’s massive gas monopoly, Gazprom, of unfair pricing practices in Moscow’s former satellite states of eastern Europe, launching a legal dispute that could result in multibillion-euro fines for the Kremlin’s giant energy company. ...
Euro debt crisis: Greek prime minister to meet with Angela Merkel image
Source : Daily Express [Read Article] Wednesday 22nd of April 2015 05:54:00 PM
.... Head of the European Central Bank, Mario Draghi said that "the answer is in the hands of the Greek government". The Greek prime minister yesterday met with the Russian gas giant Gazprom, again prompting speculation that he could be trying to access source cash from the former Soviet State in exchange for a pipeline through the country. ...
EU fires warning shot at Gazprom with market abuse charge image
Source : Guardian [Read Article] Wednesday 22nd of April 2015 11:23:33 AM
. EU regulators have formally charged the Russian gas company Gazprom with abusing its dominant market position in Europe, a move that risks inflaming tensions with the Kremlin. ...
Gazprom charged with market abuse by EU in challenge to Putin image
Source : Telegraph [Read Article] Wednesday 22nd of April 2015 11:01:04 AM
. The European Union has launched a legal attack on Russian state-controlled gas giant Gazprom in a move likely to enflame the region’s ongoing dispute with Vladimir Putin. ...
EU charges Gazprom with market abuse image
Source : BBC [Read Article] Wednesday 22nd of April 2015 10:19:14 AM
. The European Commission (EC) has charged Gazprom with abusing its dominant market position in Central and Eastern European gas markets. ...
Greece bailout: Europe turns up pressure as cash runs out image
Source : Independent [Read Article] Wednesday 22nd of April 2015 12:33:46 AM
.... Earlier this month its Prime Minister, Alexis Tsipras, made a trip to Moscow to meet Vladimir Putin. He followed that up with talks with Alexey Miller, the head of the Russian oil giant Gazprom, over investment in Greece. ...
Greek bank shares slide to record low as ECB considers pulling the plug image
Source : Telegraph [Read Article] Tuesday 21st of April 2015 09:20:26 AM
.... . The head of Russian-backed Gazprom Alexei Miller visited Athens on Tuesday for “constructive” talks over a proposed gas pipeline running through the country. ...
EU crushes any hopes of Greek deal this week - business live image
Source : Guardian [Read Article] Tuesday 21st of April 2015 07:26:29 AM
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Gazprom to face anti-monopoly charge image
Source : BBC [Read Article] Monday 20th of April 2015 08:07:58 PM
. European Union regulators are likely to set out anti-monopoly charges against Russia's energy giant Gazprom on Wednesday, according to reports. ...
EU to charge Gazprom with manipulating gas prices image
Source : Telegraph [Read Article] Monday 20th of April 2015 05:00:35 PM
. The European Union (EU) is poised to launch a legal attack on Russian state-controlled gas giant Gazprom in a move likely to enflame the region’s ongoing dispute with Vladimir Putin. ...
Why Putin's money won't be enough to save Greece image
Source : Telegraph [Read Article] Monday 20th of April 2015 01:30:18 PM
.... . Moscow's state-backed Gazprom now has its eyes on establishing a new gas hub on the Turkish-Greek border, pumping its supplies through the Black Sea and bypassing Ukraine. ...
Europe ready for Grexit contagion as Athens gets closer to Russian cash   image
Source : Telegraph [Read Article] Saturday 18th of April 2015 09:00:31 PM
.... . Greek sources have told The Telegraph that Syriza may sign a deal with Russia for Gazprom's "Turkish Stream" pipeline project as soon as next week, unlocking as much as €3bn to €5bn in advance funding. ...
Russia denies striking gas deal to net Greece €5bn image
Source : Telegraph [Read Article] Friday 17th of April 2015 10:54:26 PM
...." . Mr Lafazanis, who heads up the Left Platform of Syriza, recently hailed a new dawn in Greco-Russia relations and has invited the likes of state-sponsored Gazprom to drill for oil off the Greek coast. ...
Questor share tip: Energy Assets still a buy image
Source : Telegraph [Read Article] Friday 17th of April 2015 08:19:42 AM
.... . The rental fees Energy Assets earns are guaranteed by blue-chip names such as npower, British Gas and Gazprom; the fees also rise with the Retail Prices Index for up to 15 years. ...
Alexis Tsipras risks fresh schism with Europe after warning of new Cold War with Putin image
.... Russian companies are now expected to take part in the planned sell-offs of Greece’s strategic assets – including its ports, airports and energy grids. The likes of state-backed Gazprom have already been invited to explore for oil and natural gas off mainland Greece’s eastern shore. ...
When Tsipras meets Putin: an opportunity for fruit diplomacy? image
Source : Guardian [Read Article] Wednesday 8th of April 2015 04:00:00 AM
....Russian companies have expressed interest in several key Greek assets in recent years, and Tsipras has said that energy and tourism are areas with the greatest economic potential. State-owned gas giant Gazprom was one of the leading bidders for Greek natural gas infrastructure assets in 2013 in a privatisation deal that was eventually shelved. ...
Isolated Greece pivots east to Russia, China and Iran. But will it work? image
.... . Syriza's fire-brand energy minister was in Moscow in March, meeting chiefs of state-backed Gazprom and inviting Russian companies to take part in the exploration for oil and gas off the country's eastern coast. ...
Source : BBC [Read Article] Thursday 2nd of April 2015 07:59:21 AM
....Kiev accuses Moscow of supporting separatists rebels in eastern Ukraine in a conflict that began in November 2013 and has left the country in a precarious economic situation. However Ukraine's energy minister, Volodymyr Demchyshyn said Ukraine's state gas company, Naftogaz, had been able to reach a short term agreement with Russian gas giant, Gazprom. ...
Greek defiance mounts as Alexis Tsipras turns to Russia and China image
Source : Telegraph [Read Article] Wednesday 1st of April 2015 08:32:39 PM
Barack Obama gives Shell go-ahead to drill for oil in Alaskan Arctic image
Source : Telegraph [Read Article] Tuesday 31st of March 2015 08:13:27 PM
.... Imperial Oil wants to drill on the Canadian side of the Beaufort Sea by the end of the decade. In Russia, state-run Rosneft and Gazprom have a monopoly to explore the country’s vast Arctic continental shelf, but work has been slowed by Western sanctions aimed at forcing the Kremlin to back down over its support of separatists in Ukraine. ...
Satyajit Das: The slump in oil prices is fuelling financial instability globally image
.... If the firms have difficulty meeting existing commitments, then the decrease in available funding and higher costs will create a toxic negative spiral. Energy companies, such as Brazil’s Petrobras, Mexico’s Pemex and Russia’s Gazprom are among the largest issuers of emerging market debt Sovereign and near-sovereign borrowers in oil-dependent countries are similarly vulnerable. ...
Arctic braced for oil rush as Shell eyes return to Alaska image
Source : Telegraph [Read Article] Saturday 28th of March 2015 03:30:09 PM
.... Imperial Oil wants to drill on the Canadian side of the Beaufort Sea by the end of the decade. In Russia, state-run Rosneft and Gazprom have a monopoly to explore the country’s vast Arctic continental shelf, but work has been slowed by Western sanctions aimed at forcing the Kremlin to back down over its support of separatists in Ukraine. ...
From Borgen to Brussels: How Europe's new competition boss will be scrutinising the world's biggest companies image
.... . She has already inherited an overflowing in-tray from her predecessor Joaquin Almunia, including a lengthy EC investigation into Russian gas producer Gazprom and a five-year probe into technology giant Google. ...
Source : Independent [Read Article] Wednesday 4th of February 2015 12:59:33 AM
....9bn writedown and cutting its capital spending by up to $3bn. Shell, Chevron, ConocoPhillips, Russia’s Gazprom and China’s Cnooc have also announced cuts. ...
Fifa lose three major World Cup sponsors as Castrol, Continental and Johnson & Johnson add to pressure on Sepp Blatter's organisation image
....The three companies were among a group of eight businesses identified as 'World Cup sponsors' by Fifa, which also had six top-tier 'partners' at the time of the 2014 tournament. It was confirmed in November that two of the elite group of backers, Sony and Emirates, had ended their relationships with Fifa, with Moscow-based oil and gas giant Gazprom joining ahead of the 2018 World Cup in Russia. ...
Source : Independent [Read Article] Wednesday 31st of December 2014 09:56:33 PM
....4 per cent during 2014. Also hit by the impact of western sanctions on its financial system, Russia today bailed out its state bank Gazprombank by buying £437m of its shares, adding to a £1bn recapitalisation of the VTB bank a day earlier and a pledge last week to offer more than £1. ...
Russia buys 40bn roubles of shares in Gazprombank image
Source : Guardian [Read Article] Wednesday 31st of December 2014 06:47:56 PM
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