Russian energy giant Gazprom dodges EU fine in competition probe

The European Commission has instead imposed a set of legally binding obligations

Gazprom issues profits warning

Russian state gas company Gazprom has warned investors of a drop in profits and sales revenue in 2012. In its Investor Day presentation in Moscow, the firm said it paid out $2.7 billion (£1.7bn) last year in refunds to customers in Europe. It also plans another $4.7 billion (£3bn) in potential price cuts this year […]