SCO & BRICS latest news and insights
By Rhod Mackenzie
From 1 January to 12 May, Gazprom increased gas supplies to China via the Power of Siberia gas pipeline by 37.4% compared to the same period last year. The company's press service has reported this.
“From 1 January to 12 May 2024, the volume of supplies exceeded the figure for...
By Rhod Mackenzie
The Chinese shipping company Hainan Yangpu New New Shipping (HYNS) is continuing to expand its operations along the Northern Sea Route (NSR). On 8 May, a multilateral agreement was signed in Arkhangelsk regarding the organisation of export-import flights from the Arkhangelsk seap...
By Rhod Mackenzie
The companies with the highest capitalisation in relation to national GDP are located in Saudi Arabia, South Korea and Argentina. Saudi Aramco, the Saudi oil and gas company, is the only company from the G20 countries whose indicator exceeds the country’s GDP, according to RIA No...
By Rhod Mackenzie
China is taking advantage of lower global energy prices for coal and natural gas to secure supplies ahead of the summer season. Bloomberg has published an article on this topic.
At the end of April, gas imports into the country increased by 21% compared to the same period last...
By Rhod Mackenzie
London has announced its intention to construct the first “high-tech nuclear fuel facility in Europe” that would produce high-assay low-enriched uranium (HALEU), in what appears to be a bid to create competition for Russia, which currently dominates the market.
The UK has awarde...
By Rhod Mackenzie
The European Union is continuing to implement sanctions against Russia in an attempt to restrict its international financial transactions. The latest package of sanctions includes a prohibition on EU banks using the Russian analogue of SWIFT, the Financial Message Transmission Sy...
