OGZPY News and Press, PJSC Gazprom ADR

Summary Brent futures and WTI crude have fallen over 8.5% since my article “What Awaits The Oil And Gas Industry In 2023” was published. Following the results of an excellent year for the oil and gas industry in 2022, Exxon Mobil plans to send up to $50 billion in a share ...

Summary In 2022, I made lots of mistakes that I want to share with my audience. I got hit hard with the geopolitical risks of my portfolio. I lost 15% of my purchasing power in February. These losses could have been made acceptable by proper position sizing and better risk managemen...

Summary Global economic uncertainty continues to be high, and downside risks are rising in most Asian and European countries due to the inability to fight inflation effectively despite ongoing monetary tightening. Given the sanctions imposed, Russian oil and gas companies have practical...

Summary Russia’s predicted collapse has been avoided, and the forecasted 8-10 percent fall in GDP for the year has been reduced to a 3-4 percent drop. Before the war, 3 percent growth was predicted. Recovery is only expected to begin in 2024 at best, and only in the unlikely even...

Germany said Monday it nationalized the German subsidiary of Russia's Gazprom ( OTCPK:OGZPY ), placing it under 100% federal ownership to help protect supply as it prepares for its winter without Russian fossil fuels. The government cited the debt load of the unit and said i...

Summary Commodity markets have come under pressure due to a strengthening US dollar and a raft of central banks hiking interest rates recently. This has clouded the macro outlook. However, the supply picture for a number of commodities remains fragile. The EU appears to have a...

Gazprom ( OTCPK:OGZPY ) will grant a deferral of ~€1.9B on gas payments during the heating season to Hungary, one of the most reliant European countries on Russian energy, Bloomberg reported Tuesday. The Hungarian government said Monday it had won a three-year repriev...

Summary Oil and natural gas markets are likely to experience additional supply disruptions due to the ongoing Russian mobilization and the latest sabotage that occurred to both Nord Stream pipelines. As Russia escalates its war in Ukraine, there are already signs that its oil and ...

Summary Further normalization of headline inflation and aggressive monetary tightening in other regions should keep the U.S. dollar relatively stable, which bodes well for technology companies and other growth-oriented names. The global energy crisis will likely make climate chang...

Summary Uniper is one of the largest European importers of natural gas (2021 turnover: €164 billion) and has been ravaged by the Russian Gazprom since June 14. Uniper SE generated the largest loss in German company history of a staggering €12.3 billion in the first h...