{"id":32506,"date":"2025-05-23T11:27:45","date_gmt":"2025-05-23T08:27:45","guid":{"rendered":"https:\/\/cpd.gov.ua\/?p=32506"},"modified":"2025-05-23T12:13:00","modified_gmt":"2025-05-23T09:13:00","slug":"russian-oil-giant-at-a-loss-due-to-war-and-sanctions","status":"publish","type":"post","link":"https:\/\/cpd.gov.ua\/en\/results\/rf-en\/russian-oil-giant-at-a-loss-due-to-war-and-sanctions\/","title":{"rendered":"russian oil giant at a loss due to war and sanctions"},"content":{"rendered":"<p>One of russia&#8217;s largest oil companies, gazprom neft, is reporting multi-billion dollar losses. In the first quarter of 2025, the company posted a loss of 21.3 billion rubles (approximately $230 million), compared to a profit of 36.9 billion rubles (approximately $463 million) a year ago. This happened amid a 5% drop in revenue and a 6.8% increase in production costs, leading to a fourfold decline in profits.<\/p>\n<p>\u25ab\ufe0f The main factors include sanctions, expensive service fees, and logistics problems. The loss of access to Western markets, technologies, and logistics chains due to sanctions dealt a painful blow to the company. The troubles at gazprom neft are a troubling signal for the entire oil sector. If such a major company can&#8217;t withstand the pressure of sanctions, what can be said about other players?<\/p>\n<p>The situation is not much better for gazprom \u2014 the company is facing record losses and is asking the government for assistance. Both companies are crucial to russia&#8217;s economy, and their troubles signal a systemic crisis, which is a consequence of the military aggression against Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of russia&#8217;s largest oil companies, gazprom neft, is reporting multi-billion dollar losses. In the first quarter of 2025, the company posted a loss of 21.3 billion rubles (approximately $230 million), compared to a profit of 36.9 billion rubles (approximately $463 million) a year ago. This happened amid a 5% drop in revenue and a&#8230;<\/p>\n","protected":false},"author":3,"featured_media":32507,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","wds_primary_category":930,"footnotes":""},"categories":[930],"tags":[],"class_list":["post-32506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rf-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/32506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/comments?post=32506"}],"version-history":[{"count":0,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/32506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media\/32507"}],"wp:attachment":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media?parent=32506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/categories?post=32506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/tags?post=32506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}