Gazprom

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Russia's Gas Giant Faces Big Squeeze

Powerful Gazprom has too little oil to meet demands

(Newser) - Russia faces a threat to its international trump card as Gazprom—its powerful natural gas company—struggles to meet massive worldwide demand, Newsweek reports. The company gets much of its oil dirt cheap from former Soviet republics in Central Asia, then resells it a handsome profit to Europe. Now those...

Putin Names Favored Successor
Putin Names Favored Successor

Putin Names Favored Successor

Business-friendly Medvedev would 'carry on the course'

(Newser) - Vladimir Putin ended months of speculation today by naming Deputy Prime Minister Dmitry Medvedev as his chosen successor, the AP reports. A Putin loyalist, Medvedev is a business-friendly lawyer with ties to prominent natural gas company Gazprom, AP reports. Putin’s choice is expected to be the prohibitive frontrunner in...

Brits Win Little EU Support For Russian Battle

Moscow weighs 'targeted' response in clash over spy murder

(Newser) - Britain turned to its European allies for support in its diplomatic battle with Russia over a sensational radiation murder in London, but the response has been tepid, the Guardian reports. Only the French expressed support yesterday, as Germany, with powerful economic ties to Russia, suggested that the UK had overreacted,...

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