The days of cheap Russian oil have evaporated, according to Indian sources, who say Rosneft has failed to sign new oil deals with Indian refiners, as sales have been done with other customers.

Freeport LNG announced the closure after assessing the damage. Asian markets are already strained by limited access to Russian LNG due to its war on Ukraine

The Nord Joy fuel tanker was boarded by armed navy personnel on May 30 while anchored in Indonesian waters to the east of the Singapore Strait

Russia is pumping an extra 70,000 barrels a day via the East Siberia Pacific Ocean pipeline to Kozmino, its port in the Far East, amid surging demand from countries in Asia and EU sanctions

Chevron Munaigas and KazMunayGas said they would evaluate the potential for carbon capture, utilisation, and storage as well as hydrogen production and methane management

The IMF stressed the need to end unfunded subsidies, which were costing the cash-strapped country billions per month, in talks with Islamabad that concluded last week

Sri Lanka, battling the worst economic crisis in its history, is turning to Russian oil because it is cheaper, Nikkei Asia reports.

Data show Russian oil concealed in blended and refined gasoline, diesel and chemicals has made its way to the US from Indian refineries

Razon's Prime Infra Holdings will buy the majority stake from a company controlled by Dennis Uy, a close associate of outgoing Philippines President Rodrigo Duterte

The increased competition has accordingly narrowed the spread with European gas prices, which eased on less concerns over further Russian supply cuts

The government announced it would raise fuel prices after an agreement with the IMF that included an end to fuel subsidies, allowing the resumption of aid

GAIL has a long-term import deal with a unit of the Russian energy giant to buy an average 2.5 million tonnes of liquefied natural gas (LNG) per year