The company logo of Russian natural gas producer Gazprom is seen on an advertisement installed on the roof of a building in St. Petersburg. Photograph: Reuters

Russian gas producer Gazprom said its second quarter net profit was up 13 per cent to 227.6 billion roubles (€4.4 billion) boosted by foreign exchange(...)

Businessmen Boris Rotenberg (L, front, wearing a black jacket) and Arkady Rotenberg (R, front, wearing a grey jacket) react during an awards ceremony at a judo competition in St Petersburg in a February 27th, 2012 file photo. Photograph: Reuters.

Italian authorities have seized property worth about €30 million belonging to companies controlled by a close associate of Russian president Vladimir (...)

Falling output at Gazprom could put further pressure on the Russian economy, which relies heavily on oil and gas sales and is already slowing to a crawl as Western sanctions start to bite.   Photographer: Andrey Rudakov/Bloomberg

Russian gas producer Gazprom is likely to record its lowest output this year since its creation a quarter of a century ago after cutting supplies to U(...)

Phil Hogan: all set for his role as EU agriculture commissioner. Photograph: Colin Keegan, Collins Dublin

Jean-Claude Juncker had promised “some surprises” when he announced the allocation of commission portfolios yesterday. He did not disappoint. The appo(...)

An armed pro-Russian separatist stands on part of the wreckage of the Malaysia Airlines Boeing 777 plane after it crashed near the settlement of Grabovo in the Donetsk region in this image from July. Photograph: Reuters

Authorities in the Netherlands are due to publish a preliminary report on the July downing of Malaysia Airlines flight MH17 over eastern Ukraine. The(...)

Fears of full-scale war sparked a month of volatility in natural gas prices in August. Photograph: Spencer Platt/Getty Images

European gas supplies are likely to look increasingly vulnerable this winter if the conflict between Ukrainian and Russia continues, one energy com(...)

Southeast Europe receives most of its gas from Kremlin-controlled Gazprom. Photograph: Ints Kalnins/Reuters

The European Union could ban gas exports and limit industrial use in emergency measures to protect household energy supplies this winter, a source (...)

Fifa president Sepp Blatter. What does it matter that the Qatar World Cup is being built on cheap migrant labour with reports of 1,000 deaths already. Photograph: Reuters/Michael Buholzer

Is there a more cruelly abused word right now than “challenge?” Time was it meant a call to account. Now it’s a synonym for, well, whatever you want r(...)

 Russian minister of energy Alexander Novak (second from left) and Gazprom president Alexei Miller (left) at talks in Moscow with EU commissioner Guenter Oettinger to discuss gas supplies to Europe and problems of Ukrainian transit. Photograph: EPA/Sergei Chirikov

Bord Gáis has played down the potential effect that the Ukraine crisis could have on Ireland’s winter gas supplies, after Russia last week warned ther(...)

 Russian president Vladimir Putin yesterday on a  visit to Crimea, the peninsula annexed by Russia from Ukraine in March. The sanctions imposed on Russia are intended to hurt an already weak economy. Photograph: Alexey Nikolsky/EPA

Germany’s biggest utility E.ON posted a 12 per cent drop in first-half core profit, hit by a weakening currency in Russia, its most important foreign (...)