The Foreign Ministry will approach Southeast Asian nations regarding a switch to national currencies in trade Russia is planning to discuss a switch to national currencies in trade with countries in Southeast Asia, the Foreign Ministry announced on Tuesday. The move comes as part of Moscow’s push to ditch the US dollar and euro in…

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Moscow has approved their participation in a bid to rapidly restore production at Sakhalin-1 The Russian government has allowed India’s Oil and Natural Gas Corp (ONGC) and Japan’s Sakhalin Oil and Gas Development Co (SODECO) to keep their stakes under the new domestic operator of the Sakhalin-1 oil and gas project on Monday.