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.

[unable to retrieve full-text content]

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,…