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☆ Fighter pilots can black out in seconds during high-G flying. Here's how flight experts say they train to stay conscious.
▼ + stars: | 2024-04-10 | by ( Ella Sherman | ) www.businessinsider.com time to read: +8 min

Athletes tend to have an advantage when it comes to preparing for high-G-force flights as they may already have significant lower body strength. AdvertisementHandling the real thingThe two main mechanisms of AGSM that prevent a pilot from passing out are calculated breathing and the squeezing of the lower body. Before the pilot even enters G-force onset while flying, they have to flex their lower body like their glutes, hamstrings and other muscles as tight as they can. "It's not a normal breath, it's a forced air exchange where you are essentially forcing the glottis open and closed really, really rapidly," Price Moore described. For instance, among other incidents, both the Navy Blue Angels and Air Force Thunderbirds have lost demonstration pilots to G-LOC.

Persons: —, Carolyn Price Moore, Thomas Sjoberg, Price Moore, Tyler Long, you've, Long, Moshe Paul The Organizations: Service, Business, Air, Air Force, Talon, Columbus Air Force Base, . Air Force, Dayton, US Air Force, New Air Force, Training, AMF, Laughlin Air Force Base, Navy Blue Angels and Air Force Thunderbirds Locations: Columbus Air Force Base , Ohio, UPT, Texas

One Russian banking source close to the Russian central bank said receiving revenue in a non-convertible currency with little value outside India was "pointless". They said, however, the problem remained of finding a viable alternative to the dollar, and that the problems affect buyers in Africa, China and Turkey which have become top buyers of Russian oil. The biggest issue, however, concerns India, which has been buying more than 60% of Russian seaborne oil, according to LSEG data and Reuters calculations. India's top refiner Indian Oil Corp (IOC.NS) is struggling to settle some payments, mainly for the purchase of Russia's light, sweet Sokol grade from the Sakhalin 1 project. From October, several UAE banks have tightened control over Russia-focused clients to ensure compliance with the price cap, according to five oil trading and bank sources.

Persons: Yang Mei Hu, Tatiana Meel, Ivan Nosov, Sokol, YUAN, Barbara Lewis Organizations: COSCO Shipping, REUTERS, U.S ., UAE, Reuters, Indian Oil Corp, Sokol, IOC, UAE dirhams, Thomson Locations: Nakhodka, Russia, Ukraine Russian, MOSCOW, DELHI, Ukraine, India, Russian, Hong, Africa, China, Turkey, Washington, Moscow, United States, Russia's, Sakhalin, UAE

☆ 2 Russians convicted of murdering and eating victims have been released after fighting in Ukraine: reports
▼ + stars: | 2023-11-24 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Two men convicted of murder were released after fighting in Ukraine, per Russian media. AdvertisementRussia released two prisoners convicted of murder, who then ate parts of their victims, after they fought in Ukraine, according to multiple Russian reports. He's now recovering from moderate injuries at a military hospital in Yuzhno-Sakhalinsk, his neighbor Dmitry told Russian news outlet Siberia Realities . "He's basically free, pardoned, and half his [prison] sentence has been wiped out," Dmitry told the outlet, according to a translation by Ukrainska Pravda . AdvertisementOgolobya stabbed two other victims to death, penetrating their bodies 666 times and counting the blows out loud, witnesses said.

Persons: Denis Gorin, Nikolai Ogolobyak, —, Meduza, He's, Dmitry, Ukrainska, Ogolobyak, Ogolobya, Wagner, Marx Organizations: Service, Ukrainska Pravda, Storm, Moscow Times Locations: Ukraine, Russia, Russia's Sakhalin, Sakhalin, Yuzhno, Russian, Siberia, Russia's Yaroslavl

All three Aframax-sized tankers discharged Russian Sokol crude in India in September while two of them made the trip in October, the data showed. One trader also said India may seek supply from the Mediterranean and North Sea to replace Russian Sokol. A spike in global prices led to Russian oil being sold at above the price caps imposed by western nations of $60 a barrel. The three vessels last year obtained safety certification from the Indian Register of Shipping (IRClass), according to its website. Sokol crude is produced at the Sakhalin-1 project, managed by a Rosneft subsidiary after the exit of ExxonMobil (XOM.N).

Persons: Dado Ruvic, IRClass, Sokol, India's ONGC Videsh, Florence Tan, Muyu Xu, Nidhi Verma, Jacqueline Wong, Raju Gopalakrishnan, Sharon Singleton Organizations: REUTERS, Sokol, Washington, Indian Oil Corp, Liberian, Ligovsky, Treasury Department, Russian Sokol, IOC, Indian Register of Shipping, Oil Tanker, Sun Ship, American Bureau of Shipping, ExxonMobil, Natural Gas Corp, Sakhalin Oil, Gas Development, Thomson Locations: SINGAPORE, DELHI, LSEG, U.S, Washington, Moscow, Ukraine, Kazan, India, North, Gujarat, Dubai, London, Sakhalin, Singapore, New Delhi

☆ Japan's Japex raises profit forecast on higher oil, weaker yen
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Nov 10 (Reuters) - Japan Petroleum Exploration Co (Japex) (1662.T) on Friday raised its full-year net profit and dividend forecast as higher-than-expected oil prices and weaker yen are set to support results. Japex increased net profit forecast for the year ending in March 2024 by 32% to 45 billion yen ($297.2 million) from its August prediction and raised annual dividend forecast to 250 yen per share from 200 yen. "We now expect stronger earnings as firmer-than-expected oil prices and the yen's depreciation will boost our sales prices of oil and natural gas," Michiro Yamashita, senior managing executive officer, told a press conference. Its half-year net profit was down 12% to 27.8 billion yen due to a fall in oil prices from a year earlier and smaller gains from its equity holdings in some overseas energy projects. An absence of profit contribution from Russia's Sakhalin 1 oil and gas project where Japex holds a stake via Sakhalin Oil and Gas Development Co (SODECO) reduced non-operating profit by about 3 billion yen for the first-half, Yamashita said.

Persons: Michiro Yamashita, Japex, Yamashita, SODECO, Vladimir Putin, Japan's, Russia's, ONGC, Yuka Obayashi, Katya Golubkova, Tomasz Janowski Organizations: Japan Petroleum Exploration Co, Sakhalin Oil, Gas Development, Exxon, U.S ., Thomson Locations: TOKYO, Russia's Sakhalin, Sakhalin, Russian, U.S, Ukraine

☆ Russia's weaker hand undermines case for Power of Siberia 2 gas link to China
▼ + stars: | 2023-10-30 | by ( Vladimir Soldatkin | ) www.reuters.com time to read: +6 min

Russia currently exports gas to China through the Power of Siberia 1 pipeline, which began operating in 2019 and runs through eastern Siberia into China's northeastern Heilongjiang province. Moscow has not said how much the 2,600 km (1,616 miles) Power of Siberia-2 would cost or how it would be financed. Russia aims to increase supplies via Power of Siberia 1 to 38 bcm annually by 2025. If the plans for Power of Siberia 2 and another link from Russia's far eastern island of Sakhalin come to fruition, Russia's pipeline gas exports to China would rise to almost 100 bcm per year by 2030. "This fact will require CNPC to build on its own all the necessary gas transportation infrastructure in China," Kondratov wrote.

Persons: Maxim, Xi Jinping, Vladimir Putin, Dmitry Kondratov, Kondratov, Sergey Vakulenko, Vakulenko, Viktoria Abramchenko, Andrew Hayley, Chen Aizhu, Oksana Kobzeva, Mark Trevelyan, Susan Fenton Organizations: REUTERS, Russia, East, Power, Gazprom, Economics, Russian Academy of Science, Carnegie Endowment, International, Soyuz, Thomson Locations: Siberia, Svobodny, Amur, Russia, East Power, Turkmenistan, MOSCOW, China, Europe, Yamal, Mongolia, Baltic, Moscow, Ukraine, Beijing, China's, Heilongjiang, Russian, Power, Russia's, Sakhalin, That's, Nord, Turkey, Japan, United States, Qatar, Australia, Singapore

☆ Russia-China energy cooperation in focus as Putin visits Xi
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +4 min

It insists the ties do not flout international norms, and China has the prerogative to collaborate with whichever country it chooses. According to China's customs data, the growth of China's exports and imports with Russia on a year-on-year basis quickened in September from August. China is Russia's second-largest buyer of Russian oil after India. Russia's main gas export route is a 4,000-km (2,500-mile) pipeline Power of Siberia that links East Siberian fields to northeast China. Russia aims to build a second gas pipeline to China, Power of Siberia 2, with capacity for 50 bcm a year to run via Mongolia.

Persons: Maxim Shemetov, Wang Wentao, Vladimir Putin's, Russia's Novatek, Vladimir Soldatkin, Guy Faulconbridge, Alison Williams Organizations: REUTERS, Rights, Commerce, Vortexa, Russia's, Reuters, European, VEB, Supplies, CNPC, Thomson Locations: Siberia, Svobodny, Amur, Russia, China, United States, Beijing, Moscow, Ukraine, Russian, India, Kpler, Kozmino, Baltic, Brazil, Urals, Oman, European Union, That's, Europe, Power, Mongolia, Sakhalin, Qatar

In short, Russia’s children are being prepared for war. Education Minister Sergei Kravtsov said recently that there are now about 10,000 so-called “military-patriotic” clubs in Russian schools and colleges, and a quarter-of-a-million people take part in their work. There are mandatory classes on military-patriotic values; updated history books accentuate Russian military triumphs. President Putin has personally led the campaign to inject patriotism into Russia’s schools. That message - hammered home by the president and state media - is now being taken into Russia’s schools.

Persons: Sergei Kravtsov, Vladimir Putin, ’, ”, ” Putin, Ukraine “, Putin, “, Vyacheslav Gladkov, Uliana Shumelova, schooler, Sergei Shoigu, Shoigu, Daria, Vladimir, Ukraine –, Buryatia, She’d, It’s Organizations: CNN, Education, Security, Defense, Education Ministry, Novosti, RIA Novosti, Russia, Kremlin, Educational, Ministry of Defense, Air Defense, United, ”, Northern Military District, Military Sports Games, Defense Ministry, Armed Forces Russian Federation Locations: Pacific, Ukraine, Moscow, Russian, Russia, Crimea, Ukrainian, stoke, Belgorod, Krasnodar, Vologda, Sakhalin, Russia’s Far, Yeysk, Azov, Astrakhan, United Russia, Vladivostok, Voronezh, Ussuriysk, Buryatia, Chita trumpeted, Orenburg, Polish, Perm, State

The logo of Oil and Natural Gas Corp's (ONGC) is pictured along a roadside in Ahmedabad, India, September 6, 2016. Russian President Vladimir Putin last year removed an Exxon Mobil subsidiary as operator of the Sakhalin-1 oil and gas project in Russia's Far East and transferred it to a new operator. Western governments have slapped sanctions on Russian oil over the war in Ukraine, which Russia calls a special military operation. It is difficult to secure insurance and shipping to transport Russian oil, Gupta said, and such shipments must abide by an international price cap. ONGC accounts for about two-thirds of India's oil production and about 58% of its gas output.

Persons: Amit Dave, ONGC Videsh, Vladimir Putin, Videsh, Rajarshi Gupta, ONGC, Gupta, Japan's, Rod Nickel, David Gregorio Our Organizations: Gas, REUTERS, Rights, Natural Gas Corp, Exxon Mobil, World Petroleum Congress, Thomson Locations: Ahmedabad, India, Rights CALGARY , Alberta, Sakhalin, Russia's Far, Calgary, Canada, Ukraine, Russia, Calgary , Alberta

Tokyo CNN —Japan expressed “grave concern” after Chinese and Russian warships sailed close to its southern islands on Thursday, just a day before its leader is expected to discuss rising tensions in the Indo-Pacific at a summit with counterparts from South Korea and the United States. It is the first time Russian and Chinese ships have sailed together through this particular body of water. It said the ships are believed to have taken part in a joint patrol in the Pacific. Chinese and Russian sailors conducted anti-submarine exercises, repelled a simulated enemy air raid, conducted rescue training at sea, and practiced helicopter takeoffs and landings on the decks of warships, the Russian ministry said. There, they are expected to agree to deepen defense, technology and economic cooperation, according to senior Biden administration officials.

Persons: David, Fumio Kishida, Yoon Suk, hasn’t, China’s, ”, Wang Yi Organizations: Tokyo CNN —, Russia’s Ministry of Defense, Japan, Western, Biden, South Locations: Tokyo CNN — Japan, Russian, South Korea, United States, Miyako, Japan’s, Okinotori, Soya, Hokkaido, Sakhalin, Okhotsk, Japan, East, China, Russia, Tokyo, Ukraine, Moscow, Kyiv . China, North Korea, Seoul, Korea, Asia, European, Pyongyang, Korean

[1/2] The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. Maksut Shadaev, the head of Russia's ministry of digital affairs, told parliament in December that around 100,000 IT specialists had left Russia in 2022. It is not yet clear whether Volozh's comments may have any bearing on how Russia decides to proceed with the company. One of the sources said "hawks" in state companies believed nothing at all should be paid to foreigners. Two sources said VTB had never been a serious option as a buyer, given sanctions on the state lender.

Persons: Yandex, Maksut Shadaev, Ramzan Kadyrov, Arkady Volozh, Andrei Kostin, VTB, Alexei Kudrin, Alexander Marrow, Polina Devitt, Mike Collett, White, Susan Fenton Organizations: REUTERS, nationalising Nasdaq, Reuters, Yandex NV, Yandex, U.S, Kremlin, Thomson Locations: Moscow, Russia, nationalising, Ukraine, Serbia, Yandex

☆ Russia's so desperate for soldiers that it's offering a $5,200 sign-on bonus to recruit from neighboring Kazakhstan
▼ + stars: | 2023-08-04 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The Russian military is trying to recruit from neighboring Kazakhstan amid a manpower crunch, per Reuters. It's offering a $5,200 sign-on bonus, a salary of at least $2,000, and other benefits to Kazakh recruits. Russia's economy is also facing a manpower crunch amid the Ukraine war. However, the Kazakh government has not supported Russia's war in Ukraine and has urged for peace. The surveys found 42% of Russian industrial enterprises experienced a manpower crunch in July.

Persons: It's, Vladimir Putin's, Putin Organizations: Reuters, Service, Kazakhstan —, RBC, Gaidar Institute for Economic Policy Locations: Kazakhstan, Ukraine, Wall, Silicon, Russia, Moscow, Russian, Soviet, Kazakh, Sakhalin

☆ Russia targets neighbour Kazakhstan with army recruitment ads
▼ + stars: | 2023-08-03 | by ( Filipp Lebedev | ) www.reuters.com time to read: +2 min

Kazakhstan, a former Soviet republic bordering Russia, is home to over 3 million ethnic Russians and has traditionally been one of Russia's closest allies. Clearly targeting Kazakhs, ads seen by Reuters feature Russian and Kazakh flags and the slogan "Shoulder to shoulder". The ads lead to a website that offers potential recruits a chance to join the Russian army in the Sakhalin region in Russia's Far East. Joining military conflicts abroad for pay is illegal under Kazakh law. In Kyrgyzstan, a local man was sentenced to 10 years in prison in May for joining Russian proxy forces in Ukraine's Luhansk region.

Persons: Russia's, Wagner, Mariya Gordeyeva, Gareth Jones Organizations: Russian, Astana, Moscow, Reuters, Human Capital Development Agency of, Kazakhstan's Ministry of Information, Social Development, Soviet Central, Thomson Locations: Kazakhstan, Soviet, Russia, Ukraine, Kazakh, Russian, Sakhalin, Russia's Far, Lysychansk, Tajikistan, Kyrgyzstan, Ukraine's Luhansk, Moscow, Bishkek

☆ Factbox: EU targets sanctions circumvention with 11th package against Russia
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +4 min

- The EU is banning the transit of certain sensitive goods like advanced technology or aviation-related materials, exported from the EU to third countries, via Russia. - Some companies, unable to sell sanctioned goods to Russia, sold Moscow the production rights to these goods so that Russia can produce them locally. The EU has now banned the sale, licensing, transfer or referral of intellectual property rights to Russia for the manufacture of sanctioned goods outside the EU. ENERGY MEASURES- The EU package ends the possibility of importing Russian oil by pipeline to Germany and Poland. OTHER- The EU extends a ban on Russian media broadcasting in the EU to five additional channels.

Persons: Jan Strupczewski, Susan Fenton Organizations: European, Russia, EU, United Arab, Caspian Pipeline Consortium, Ukrainian, Thomson Locations: BRUSSELS, Ukraine, Russia, China, Uzbekistan, United Arab Emirates, Syria, Armenia, EU, Moscow, Russian, Germany, Poland, Japan

Japan's insistence on continuing to rely on gas may delay reaching global climate change goals, especially as its energy companies reap large profits from their investments in the sector, climate activists say. "But I think Japanese companies will generally hesitate to be involved in gas projects in the future, especially those with long lead times. Japan's support for gas clashes with findings that new investments in gas, which is mainly composed of the greenhouse gas methane and produces CO2 emissions when burned for energy, would undermine climate goals. But, gas investments have been lucrative for Japan's energy companies resulting in record profits. But, Japan's stated intention to lower its carbon emissions may mean these gas investments carry some risk.

☆ Russia's navy is flexing its muscles around the world, but it may end up paying for Moscow's losses in Ukraine
▼ + stars: | 2023-05-11 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

Russia's navy has had little involvement in Ukraine, losing only one major warship so far. Russia's military closed off parts of the Sea of Okhotsk and the Sea of Japan to practice firing torpedoes, missiles, and artillery. Russia's navy received heavy investment in the 2000s, as President Vladimir Putin rebuilt the military after a decade of post-Soviet decay. While it still struggles with its larger ships, Russia's navy now has dozens of frigates and corvettes armed with effective long-range weapons. Russian navy corvette Gremyashchiy, front, and the frigate Admiral Kasatonov in St Petersburg in July 2019.

☆ Russian court seizes four Danish-owned tugboats in Sakhalin
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +2 min

MOSCOW, May 10 (Reuters) - A Russian court on the Pacific island of Sakhalin has ordered the seizure of four tugboats belonging to Denmark's Svitzeroperator at the request of a Russian energy company. A court ruling dated April 24 said it had ordered the tugboats seized in response to a request by Sakhalin Energy, a new Russian legal entity which oversees the production of oil and liquefied natural gas on the island. The document said Svitzer Sakhalin had written to the Russian company on April 19 confirming plans to suspend a contract for use of the tugboats. According to Maersk, after the court ruling, all Svitzer's employees in Russia have resigned and Svitzer was no longer operating the four tugs. Sakhalin Energy did not respond to requests for comment.

☆ Russia conducts surprise inspection of Pacific Fleet
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

April 14 (Reuters) - Russia will conduct missile launches and torpedo tests as part of a surprise inspection of its Pacific naval fleet, Defence Minister Sergei Shoigu said on Friday. "The main objective of this inspection is to increase the ability of the Armed Forces to repel the aggression of a probable enemy from the direction of ocean and sea," Shoigu said on state television. "This is a common practice, it has been constantly carried out in recent years and it continues. This is about maintaining the necessary level of combat readiness of our armed forces," Peskov told a daily news briefing. In other recent military activity in the area, Russia's navy fired supersonic anti-ship missiles at a mock target in the Sea of Japan on March 28.

☆ The Russian ruble is at its lowest level in a year on speculation Shell is going to repatriate $1 billion of recent earnings
▼ + stars: | 2023-04-06 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

The Russia ruble fell to its lowest since April 2022 amid speculation Shell could repatriate $1.2 billion of the currency. This comes amid a growing liquidity crunch and foreign flight on the back of Western sanctions. Meanwhile, the Chinese yuan recently surpassed the US dollar as the most traded currency in Russia. Trading at 81.6 rubles on Thursday, this marks the currency's lowest level since April 2022. "With liquidity in the currency market low, it leads to increased volatility for the ruble."

☆ Exclusive: Russia shifts to Dubai benchmark in Indian oil deal - sources
▼ + stars: | 2023-04-03 | by ( Nidhi Verma | ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/IllustrationNEW DELHI, April 3 (Reuters) - Russia's largest oil producer Rosneft (ROSN.MM) and India's top refiner Indian Oil Corp (IOC.NS) agreed to use the Asia-focused Dubai oil price benchmark in their latest deal to deliver Russian oil to India, three sources familiar with the deal said. Rosneft's chief executive Igor Sechin said in February that the price of Russian oil would be determined outside of Europe as Asia has emerged as largest buyer of Russian oil since the West imposed progressively tighter sanctions on the export. Under the new deal, announced on March 29, Rosneft will nearly double oil sales to Indian Oil Corp (IOC.NS), two of the sources told Reuters. The European Union nations stopped buying Russian oil from Dec. 5 and the Group of Seven (G7) countries joined the EU in imposing a price cap on Russian crude of $60 per barrel. The move was aimed at cutting Russia's oil revenue while maintaining stability on the global oil market.

☆ Here's an exclusive look at the pitch deck that Y Combinator alum Careerist, a tech career training and job placement startup, used to raise $8 million
▼ + stars: | 2023-03-29 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +3 min

Careerist is an edtech startup that helps train and recruit workers for open tech jobs. Now, the team has grown to over 100 employees and just raised $8 million in venture capital funding. Careerist also offers tech recruiting help, automating the job application process to help users find viable leads for new roles. The accelerator helped the Careerist team get in touch with investors for the company's seed round and also many employer partners, and was very helpful in figuring out how best to grow the business, Tysbaev said. Check out the 12-slide pitch deck Careerist used to raise $8 million:

REUTERS/Florence LoBEIJING, March 20 (Reuters) - Chinese state energy giants have made a number of multi-billion dollar investments in Russia, one of China's top oil and gas suppliers, across various stages of the energy supply chain. Below are the main investments by the Chinese government, key state-owned energy companies and their listed vehicles, based on company releases and Reuters reports. 2005: Sakhalin-3 Veninsky oil projectRussian oil giant Rosneft (ROSN.MM) and Sinopec (600028.SS), agreed to jointly explore the Sakhalin-3 Veninsky block during a visit by China's then-president Hu Jintao to Moscow in 2005. It became China's first energy project in Russia. 2019: Arctic LNG 2In 2019 China's CNOOC Ltd (0883.HK) and PetroChina agreed to buy a combined 20% stake in the $25.5 billion Arctic-2 liquefied natural gas project led by Novatek.

☆ Factbox: Russia's tighter energy ties with China since Ukraine war
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +4 min

In February 2022, China also agreed to buy up to 10 bcm of gas annually by around 2026 via a pipeline from Russia's far east island of Sakhalin. Russia's gas exports to China are still a small fraction of the record 177 bcm it delivered to Europe in 2018-19. Since the start of the Ukraine war in February 2022, volumes to Europe have shrunk, reaching about 62 bcm in 2022. - China's seaborne imports of Russian oil are set to hit a record in March as Chinese refiners take advantage of cheap prices as domestic fuel demand rebounds. - China has largely ignored the sanctions imposed by Western nations on seaborne Russian crude since Dec. 5.

☆ India's Russian oil imports surge to a record in January - trade
▼ + stars: | 2023-02-17 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

SummarySummary Companies Russian oil accounts for 27% of India's January oil importsIndia imports from Russia hit record in JanuaryRussia, India's top oil supplier in January, then Iraq, SaudiNEW DELHI, Feb 17 (Reuters) - India's Russian oil imports climbed to a record 1.4 million barrels per day (bpd) in January, up 9.2% from December, with Moscow still the top monthly oil seller to New Delhi, followed by Iraq and Saudi Arabia, data from trade sources showed. India's oil imports typically rise in December and January as state-run refiners avoid maintenance shutdowns in the first quarter to meet their annual production targets fixed by the government. Last month India's imports of Russian Sokol crude oil were the highest so far at 100,900 bpd, as output from the Sakhalin 1 field resumed under a new Russian operator, the data showed. India's Iraqi oil imports in January rose to a seven-month high of 983,000 bpd, up 11% from December, the data showed. India's oil importsIndia's oil imports from various regionsReporting by Nidhi Verma; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

☆ Moscow's decades-old gas ties with Europe lie in ruins
▼ + stars: | 2023-02-14 | by ( Vladimir Soldatkin | ) www.reuters.com time to read: +10 min

Washington has long criticised Germany's policy of reliance on Russian energy, which until last year, Berlin had said was a means to improve relations. In October, he mooted an idea of a gas hub in Turkey to divert the Russian gas flows from the Baltic Sea and North-West Europe. The 20-year supply deal is worth about $30 billion in current gas prices. In Europe, gas prices hit record levels and international oil prices shortly after the special military operation began spiked close to their all-time high. Domestic gas prices are regulated by the government and there have been discussions about liberalising the gas market, a sensitive issue for Russian households.

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