SCO & BRICS latest news and insights
The growth of liquefied gas supplies to the EU may have a negative impact on the US economy, according to a statement released by the Energy Information Bureau of the US government in Washington. The anticipated rise in LNG exports is expected to result in elevated domestic gas prices. They perceiv...
The European Commision President Usula Von De Leyen has urged the United States to explore potential avenues for relaxing sanctions against Russia's Gazprombank. Meanwhile, how much gas do Russia's primary competitors supply as a result of the ongoing market supply fluctuations?
Also we look at d...
A new report by the Gas Exporting Countries Forum (GECF) which acts as a sort of informal OPEC for natural gas indicates that global gas consumption in 2024 may grow by 2.3%. The exporters forum is made up by the major Gas exporters including Russia and Qatar but interestingly not the USA.
Now Over...
Europe has a robust supply of natural gas, with storage facilities nearing full capacity. However, experts have advised that this does not provide a guarantee against the potential for fuel shortages and price increases. The gas supplies on which Europe now depends are extremely unstable. The situat...
If you tell an oil industry professional that oil is running out, they are likely to either dismiss your assertion or cite statistical data indicating that oil production has been increasing since the 1970s, when the topic first gained prominence. However, if you pose the same question to an explora...
Gazprom has taken first place in the list of Russia's most unprofitable companies in the year of 2023. For 35 years, the company, which was a symbol of the money that Russia earned from its gas and only ever generated only profits for the state which is its majority shareholder.
However, this trend...
