<div><p>Romania plans to boost cooperation with Russian energy giant Gazprom, which has invited it to join in the South Stream project, Romanian Economy Minister Adriean Videanu said Friday.</p><p>Talks with Gazprom vice-president Alexander Medvedev on Wednesday "have laid the foundation ...

<div id="subtitle">Gazprom reports profit drop of one-third for Jan-Sept amid sharp decline in sales</div><div><p>Russia's natural gas monopoly OAO Gazprom said Monday its profit for the first nine months of last year fell more than one-third compared with a year earlier.</p><p ...

<div id="subtitle">Oil executives in Davos point to 'game changing' role of natural gas found in shale rock</div><div><p>New reserves of natural gas found in shale rock are a "big deal" and a "game changer."</p><p>That's the message Thursday from oil ...

<div><p>Russian energy giant Gazprom is concerned about losing markets due to a surprise surge in US gas production driven by new extraction techniques, the Kommersant daily reported Tuesday.</p><p>The state-controlled firm is reconsidering its strategy in light of the US "revolution" in shale gas extraction, Kommersant said, citing ...