SCO & BRICS latest news and insights
By Rhod Mackenzie
Economists warn of a significant risk of recession in the Old World due to problems in energy supply chains.
The quarterly study 'Review of Economic Experts', conducted by economists from the German economic institute Ifo and the Institute of Swiss Economic Policy (IWP), suppor...
By Rhod Mackenzie
India believes that the world should appreciate its decision to purchase Russian oil instead of criticizing it. Previously, there were calls in the EU to ban India from supplying gasoline and diesel made from Russian oil.
India believes that it is contributing to stabilizing the...
By Rhod Mackenzie
The Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, India's state-owned oil refineries, are in talks with Rosneft about long-term supplies of its oil, Bloomberg reported, citing sources .
"All three of India's state-owned refiners are in...
By Rhod Mackenzie
The German authorities are discussing the nationalisation of Rosneft's oil refining assets. Rosneft's largest asset in the country, the Schwedt refinery, which relied on Russian supplies via the Druzhba oil pipeline, has experienced loading difficulties after Germany rejected oil...
By Rhod Mackenzie
According to Kommersant, NOVATEK will not be able to start shipping LNG from the Arctic LNG-2 project before March, waiting until the project fleet is replenished with at least one Arc7 ice-class LNG tanker. US sanctions are significantly slowing the project, with buyers so far r...
By Rhod Mackenzie
The United States is concerned about a draft law on foreign agents that may be passed in Kyrgyzstan. US Secretary of State Antony Blinken wrote about this in a letter to Kyrgyz leader Sadyr Japarov. The US State Department notes that 'we have already seen the negative consequence...
