**Gazprom: A Global Energy Giant** Gazprom, the largest producer of natural gas in the world, is a Russian majority state-owned multinational energy corporation headquartered in Saint Petersburg. The name "Gazprom" is derived from the Russian words for "gas industry." Founded as a state-controlled entity, Gazprom has evolved into a vertically integrated company, engaging in every aspect of the gas industry, including exploration, production, refining, transport, distribution, and power generation[1]. **History and Achievements** Gazprom has a rich history of dominating the global natural gas market. In 2018, it produced 497.6 billion cubic meters of natural gas, accounting for about 12% of global output[1]. The company has built extensive pipelines, such as the Power of Siberia and TurkStream, to export gas across Russia and abroad[1]. Gazprom also has significant oil production through its subsidiary Gazprom Neft and holds interests in various sectors like finance, media, and aviation[1]. **Current Status** Despite facing challenges including sanctions and the loss of European markets due to geopolitical tensions, Gazprom has reported a net profit of 1.2 trillion rubles in 2024, marking a significant recovery from losses in the previous year[3]. The company's financial stability is bolstered by successful acquisitions and strategic partnerships, such as those with domestic academic institutions to support national AI ambitions[2][3]. **Notable Aspects** Gazprom is shifting its focus towards domestic consolidation and technological sovereignty. It has initiated AI projects and is exploring new sectors like home appliances[1][2]. Additionally, Gazprom is one of the world's largest greenhouse gas emitters, primarily due to methane leaks and gas-fired power plants[1]. Despite these challenges, the company remains a pivotal player in the global energy landscape, with a strong presence in Russia and growing ambitions in technology and manufacturing[1][2].