Record volumes of Russian oil heading to Asia – Bloomberg

Asian countries now account for two thirds of Russia’s total seaborne oil exports, while supplies to the EU continue to decline, Bloomberg reported on Monday. Sea deliveries to Asia reportedly accounted for less than two fifths of Russian seaborne crude sales before the EU, the US and their allies introduced sanctions over Moscow’s military operation…

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India and Japan retain stakes in Russian energy project

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.

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Pink Floyd legend blames US profiteers for Ukraine conflict

British rock star Roger Waters has hit out against the US for profiting off of the ongoing military conflict between Russia and Ukraine, which he says Washington allowed to happen because it was beneficial to American interests.

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