The United States is now supplying liquefied natural gas to Ukraine, a move implemented in the final days of the Biden Administration.

Gazprom's board is proposing that about 1,600 managers and administrators be cut from its headquarters at St. Petersburg, citing recent challenges.

The move comes as the company has effectively lost its European export market, with the only remaining gas route to Europe now running through Turkey. Read also: Gazprom eyes massive 40% central staff cut,

The Kremlin is facing a growing economic crisis, with interest rates surging to a record high of 21%. Officials have not ruled out a further rise, with some predicting 22% by the end of March

Gazprom chief executive Alexei Miller was notified ... economic challenges following Russia’s full-scale invasion of Ukraine, which has ravaged its finances. The energy group suffered its ...

Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe, and called the attack an "act of energy terrorism".

Flows of gas via the Turkstream pipeline unaffected after air defences downed the drones, defence ministry in Moscow says

Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant grapples with the loss of most of its sales to Europe, state news agency TASS reported on Monday.

The historic first marks a milestone in Washington’s bid to replace Russia as Europe’s top source of natural gas.

US President Joe Biden has stated that Kremlin's leader Vladimir Putin is in a "tough shape" following the imposition of extensive sanctions against Russian oil. Source: French news agency AFP, citing Biden's statement,

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against Ukraine.