The Latest Breaking News from Gazprom

Justin Trudeau says natural gas exports costly and logistically difficult, but Canada will boost global energy supplies.

The cost of wholesale European gas has increased by 572% this year to 276.23 euros per megawatt-hour, or approximately $274.70. Analysts predict that price increases will continue as winter approaches, fueling inflationary fears as Europe battles to cope with Russia's interruption of natural gas supplies.

Russian state-owned firm delivering more gas through TurkStream pipeline than ‘contractually obliged’

Hundreds of Bulgarians have taken to the streets of the capital Sofia, voicing fears that the country’s caretaker government could break with the policies of its pro-Western predecessor and revert to close energy ties with Russia

German firm’s revaluation represents 58% decline following ‘increased uncertainties’ after Ukraine invasion

Ofgem is also warning people not to join the ‘Don't Pay’ group which is planned for October 1.

Experts fear average bills will be even higher than previously feared due to soaring costs.

Bills will rise to almost £3,500 in October then go up again straight after Christmas

Former German chancellor Schroeder, an ally of Putin, says that Moscow wants to negotiate a solution to the conflict.