In 2023, Gazprom posted its first annual net loss since 1999. Yelena Ilyukhina, deputy chairwoman of Gazprom’s management board, highlighted in a Dec. 23 letter to Miller that the company’s ...

Russia's Gazprom is considering cutting hundreds of administrative jobs, a company spokesman confirmed to AFP on Monday, as the gas producer reels amid the loss of key exports to Europe.

In the proposal, Elena Ilyukhina, the board's deputy chairperson, wrote that wages for Gazprom managers had risen several times in the last two decades to about $486.5 million a year. "The ...