Russian oil giant reports almost 50% profit surge

Net profits at Rosneft, Russia’s largest oil producer, jumped by 47.2% last year, hitting 1.3 trillion rubles ($14 billion) despite sweeping Western sanctions on Russian oil, the company announced on Monday.

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Western states still buying Russian oil and gas – minister

Those who sanctioned Moscow now rely on “workarounds” to get the country’s energy, Nikolay Shulginov says Western nations have not stopped buying Russian energy despite the unprecedented sanctions imposed by the US and the EU against Moscow, Russian Energy Minister Nikolay Shulginov has said. These nations have just switched to “workarounds” to procure Russian imports,…

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Washington negotiating F-16 deal with Vietnam – Reuters

The US and Vietnam are discussing a potential deal to sell American-made F-16 fighter planes to Hanoi, Reuters reported on Saturday, citing two people familiar in the matter.  The negotiations, which are still in the “early stages,” have reportedly been “a key topic” of talks between officials from both sides over the past month in Washington,…

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