SCO & BRICS latest news and insights
By Rhod Mackenzie
The EU has reached its limit in the energy sector when it comes to implementing measures against the Russian Federation that do not harm European competitiveness, reported Politico newspaper. They cited an unnamed European diplomat for the comment.
"We have come to the limit of...
By Rhod Mackenzie
Russian gold miners have set a new record by selling five times more gold to Hong Kong than before. However, China's official data on the purchase of Russian gold is markedly lower. Analysts suspect that Beijing is attempting to conceal its large purchases of gold from the West,...
By Rhod Mackenzie
On the 30th November, the global oil market will be fixated on this year's OPEC+ ministerial meeting. According to analysts, the two key signatories of the agreement, Russia and Saudi Arabia, will reinforce their commitment to making voluntary cuts in production and exports, even...
By Rhod Mackenzie
The supply of gas via pipelines to Europe from Russia for many years was consistent andstable in both pricing and the volumes. However, after the significant decision to halt the supply of Russian pipeline gas to the European the supply and price situation has worsened considerab...
By Rhod Mackenzie
Russia could potentially rank among the top three largest worldwide producers of liquefied natural gas.
This was highlighted in a message from Gazprom subsequent to a board of directors meeting regarding the shale gas and LNG industry outlook, as reported by TASS.
The company...
By Rhod Mackenzie
The common assumption that technology firms generate the highest revenue is erroneous. As per Fortune magazine, in 2023, the most lucrative corporation globally is neither Apple Inc nor Google. Instead, it is the oil conglomerate Saudi Aramco, with 90% of its shares currently own...
