News

A soybean shipment to China became the first commodity deal to use blockchain tech

Soybean shipment from the US to China completed using blockchain platform. Energy trading businesses including Gazprom and Total are trialling blockchain-based technology for settling trades. Proof of concepts and pilots highlight the continued corporate interest in blockchain, a technology that was originally popularised by bitcoin. LONDON – Energy and commodity […]
A soybean shipment to China became the first commodity deal to use blockchain tech
Markets

Gazprom Plans Major Challenge To US Helium Dominance

[credit provider=”Guy Sie on Flickr” url=”http://www.flickr.com/photos/guysie/5537699970/in/photostream/”] MOSCOW — Blimps long ago lost their value as a means of cargo transportation, military reconnaissance, or anti-aircraft defence; whilst the helium that fills them – more safely than the combustible hydrogen gas which brought down the Hindenburg in 1937 – is sharply increasing […]
Gazprom Plans Major Challenge To US Helium Dominance
Markets

Gazprom’s Management Leaves The Company Open To Serious Corruption

[credit provider=”Gazprom” url=”http://www.gazprom.com/f/posts/55/253742/zapolar-panorama-den.jpg”] After the European Commission announced an antitrust investigation into OAO Gazprom, a Russian government minister denounced pressure on the gas giant as driven by “political factors,” the Wall Street Journal said. Politics aside, a close look at how managers supervise Gazprom reveals its high risk of corruption.The […]
Gazprom’s Management Leaves The Company Open To Serious Corruption
News

The Russian Government Is Considering A Super-Tax On Energy Firm Gazprom

[credit provider=”Gazprom” url=”http://www.gazprom.com/press/gallery/projects/sakhalin/”] Russian government ministers, looking for ways to finance newly elected president Vladimir Putin’s enormous spending pledges, are mulling a special tax on gas giant Gazprom, write newswires.The tax would cream off the 80-100% of extra profits the gas giant has reaped from increases in the price of […]
The Russian Government Is Considering A Super-Tax On Energy Firm Gazprom
News

Russia’s State Owned Gas Monopoly Is Thinking About Buying Greece’s Public Gas Company

[credit provider=”Gazpromneft” url=”http://www.gazprom-neft.com/press-centre/photos/view/?id=76″] Gazprom, the enormous Russian gas monopoly, is mulling buying Greece’s DEPA, according to a statement cited by Reuters.The Greek state has been planning to sell the state-owned gas company in part of a privatization process hoping to raise 19 billion euros ($24 billion).
Russia’s State Owned Gas Monopoly Is Thinking About Buying Greece’s Public Gas Company
News

Here’s Why Gazprom Is Getting Whupped In Asia

[credit provider=”Gazprom” url=”http://www.gazprom.com/press/”] Gazprom may hold a near-monopoly status in Europe, but the company is struggling to gain a foothold in Asia.Bloomberg reports that the company had hoped to supply liquefied natural gas to India, but plans are falling apart after India found cheaper supplies from the US. Other plans […]
Here’s Why Gazprom Is Getting Whupped In Asia
News

How Vladimir Putin Runs Russia’s Gazprom Like A Crime Syndicate

[credit provider=”Gazprom” url=”http://www.gazprom.com/press/gallery/projects/sakhalin/”] Gazprom has been Prime Minister Vladimir Putin‘s main preoccupation since 2001, but it has been a spectacular failure. Gazprom possesses huge natural resources, however, it is extremely inefficient because of poor management and massive corruption.
How Vladimir Putin Runs Russia’s Gazprom Like A Crime Syndicate