OGZPY News and Press, PJSC Gazprom ADR From 09/13/22

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...

Summary Russia’s Gazprom stated that it had identified a defect in the last working turbine of the Nord Stream gas pipeline that carries Russian gas under the Baltic Sea to Germany. It’s not just a difficult winter that lies ahead for Europe, but at least two or thre...

Summary Russia just indefinitely shut off the important Nord Stream 1 pipeline that has been supplying Europe with gas. The pipeline shutdown likely came in response to G7 leaders trying to place a price cap on Russian oil. The pipeline shutdown as well as escalating sanctions...

Russia's Gazprom ( OTCPK:OGZPY ) on Friday said it won't reopen a major gas pipeline to Europe as planned because of a new technical problem. The gas turbine at a compressor station near St. Petersburg was found to have an oil leak, Reuters reported . The Russian energy...

Gazprom ( OTCPK:OGZPY ) is preparing to resume gas supplies tomorrow as planned through a major pipeline to Europe, Reuters reported , citing two sources familiar with the plan. For further details see: Russia's Gazprom said to plan restart of gas flows to Europe on Satu...

Gazprom's ( OTCPK:OGZPY ) full-year 2022 revenues will exceed last year's result , CEO Alexey Miller said on Wednesday after reporting a record half-year profit of 2.5T rubles in H1 2022 with its board recommending an interim dividend after skipping its annual payout. Pr...

Russia's Gazprom ( OTCPK:OGZPY ) said on Tuesday it earned a record net profit of 2.5T rubles ($41.75B) in H1 2022, "despite sanctions pressure and an unfavorable external environment," after posting a net profit of 2.09T rubles for all of 2021. Gazprom's ( OTCPK:OGZPY )...

France accused Russia of using gas supplies as "a weapon of war" after Gazprom ( OTCPK:OGZPY ) told French utility Engie ( OTCPK:ENGIY ) on Tuesday that it will immediately cut gas deliveries because of disagreements over some contracts. With more than 90% of its gas storage...

Europe is fast descending in what looks like it will be a long and significant economic contraction. As the continent sinks into recession, partly of its own making, there will be ramifications for the U.S. Markets. A discussion around some of those headwinds follows in the paragr...

Investors should not miss the big opportunity of the current rapid rise in oil and gas prices, but increase their exposure to high-margin explorers and miners. HighPeak Energy, Inc. appears as a good investment proposition given the high profitability of its operations. The compan...