SCO & BRICS latest news and insights
By Rhod Mackenzie
Having pushed Gazprom out of the European market, the American oil and gas industry is facing a slowdown in its growth in gas production. This could be an unpleasant surprise not only for Europe, but also for Japan and China, the main buyers of American LNG. According to the US D...
By Rhod Mackenzie
The European Union (EU) Council has not yet received any official proposals for the new package of sanctions to be imposed against Russia, according to an official EU representative who spoke to the newspaper Izvestia. However, the European Parliament anticipates that new measur...
By Rhod Mackenzie
The project documentation for the Soyuz Vostok gas pipeline through Mongolia to China is expected to be approved in the first quarter of next year, paving the way for construction to commence.
The Deputy Prime Minister of the Russian Federation, Victoria Abramchenko, announced...
By Rhod Mackenzie
The member countries of the Shanghai Cooperation Organization (SCO) should contemplate the matter of establishing their own payment and settlement system while improving exchange trading in their respective national currencies.
According to the Russian Prime Minister Mikhail Mi...
By Rhod Mackenzie
In early October, Brazil significantly increased its imports of Russian diesel fuel, despite restrictions on its export being imposed by the Russian authorities. By the second half of October, Brazil had even become the largest destination for diesel fuel exports from the Russian...
By Rhod Mackenzie
For the second winter in a row, Europe's energy strategy is largely based on the hope of a warm winter and low economic demand for gas. Despite these and a number of other favourable factors, the price of electricity is fluctuating around 50 euros per MWh (525 euros per thousand...
