SCO & BRICS latest news and insights
By Soumya Bhowmick
In the current global economic landscape, the trajectory of multilateral institutions is undergoing a pivotal shift, and the BRICS alliance is a crucial player in this transformation. As we delve into the realms of trade, investment, and finance within BRICS, we find ourselves n...
By Rhod Mackenzie
Last year, Russia earned nearly $187 billion from supplying oil, gas, and coal to several friendly countries. This amount is $56 billion more than the average level of supplies to European countries before they imposed anti-Russian sanctions. RIA Novosti calculations were used to...
India and Russia share a "stable and very friendly" relationship and Moscow has "never hurt out interests", External Affairs Minister S Jaishankar told German daily Handelsblatt, defending long-standing ties between the two nations as the West pushes to end the war in Ukraine.
"Everyone conducts a...
The State oil refiners in India are negotiating long-term agreements for supplies of crude with Russian energy giant Rosneft, Bloomberg reported, citing people with knowledge of the matter.
According to the report, Indian Oil, Bharat Petroleum, and Hindustan Petroleum are taking part in the discus...
Recently, Qatar's Energy Minister Saadi al-Kaabi spoke about new plans for the development of the gas sector. Doha plans to increase gas production by another 13%, which will allow Qatar to control a quarter of the world's liquefied natural gas (LNG) exports. Doha, of course, expects further signifi...
By Rhod Mackenzie
The shift of Russian oil and petroleum product exports from Western sanctioned markets to Eastern and Southern markets is almost complete. However, replacing the European market for gas exports, whether pipeline or LNG, has proven to be a challenging task.
In the past two years,...
