SCO & BRICS latest news and insights
By Rhod Mackenzie
The European Union (EU) has assessed the losses incurred from the sanctions imposed against Russia. According to a report by RIA Novosti on December 18, European countries overpaid €185 billionjust for gas alone. The total loss in the Old World, where calls to reverse the sanctio...
By Rhod Mackenzie
According to Pavel Zavalny, Chairman of the State Duma Committee on Energy and President of the Russian Gas Society, the supply of Russian gas to the European market is contingent on the implementation of the Turkish gas hub. Without it, the EU's prospects for the supply Russian...
By Rhod Mackenzie
The German Chancellor Olaf Scholz has accused Russia of severing energy ties with Europe and has blamed Moscow for the all the problems that Germans' currently face. Why cannot the German authorities admit their own responsibility? And how do ordinary Germans respond to such "po...
By Rhod Mackenzie
China increased the volume of oil and natural gas imports by 12.1% and 8.5% respectively in January-November 2023, according to data released on Thursday by the General Administration of Customs of the People's Republic of China.
During the reporting period, China imported 515...
By Rhod Mackenzie
"Europe's energy crisis is over," states a recent article published by British news agency Reuters. The article is supported by several graphs, conveying a sense of stability within the energy market. Analysts from the agency cite the decline in energy prices, particularly in gas...
By Rhod Mackenzie
Last year's energy crisis had an impact on Europe, according to Michael Lewis, who has been leading Uniper, one of Germany's major energy companies, since July 1. In an interview with Bloomberg Television, the executive director of Uniper mentioned that although the underground g...
