As Russia’s war in Ukraine continues to drive record profits, Shell and British Gas’s owners are giving billions of pounds back as dividends to shareholders.
Gazprom declares force majeure over some gas supplies to Europe
According to Gazprom’s July 14 letter, Reuters saw Monday and found that Gazprom had declared force majeure over gas supplies to Europe to at most one major customer.
Gazprom anticipates Siemens to continue servicing Nord Stream 1 turbines
Gazprom, Russia’s largest gas exporter, said Saturday that it expects Siemens to fulfil its obligations when servicing gas turbines required for reliable operation of Nord Stream 1 and energy shipments
Gazprom cancels dividends for the first time since 1998. Shares dive
Gazprom, Russia’s largest gas company, has decided to not pay dividends on its last year’s results. This is the first time that it has not paid out dividends since 1998.