SCO & BRICS latest news and insights
By Rhod Mackenzie
Türkey has suspended joint energy projects with Israel, including the exploration and production of hydrocarbon deposits in the Mediterranean Sea and the transit of gas to Europe. Despite recent predictions that these countries would surpass Russia in the EU market, the operation...
By Rhod Mackenzie
Having pushed Gazprom out of the European market, the American oil and gas industry is facing a slowdown in its growth in gas production. This could be an unpleasant surprise not only for Europe, but also for Japan and China, the main buyers of American LNG. According to the US D...
By Rhod Mackenzie
The European Union (EU) Council has not yet received any official proposals for the new package of sanctions to be imposed against Russia, according to an official EU representative who spoke to the newspaper Izvestia. However, the European Parliament anticipates that new measur...
By Rhod Mackenzie
For the second winter in a row, Europe's energy strategy is largely based on the hope of a warm winter and low economic demand for gas. Despite these and a number of other favourable factors, the price of electricity is fluctuating around 50 euros per MWh (525 euros per thousand...
By Rhod Mackenzie
The International Energy Agency (IEA) has released its recent long-term forecast, World Energy Outlook. According to the report Russia's gas industry faces a bleak future with its market share predicted to decrease by half on the global platform. It is crucial to determine the ev...
By Rhod Mackenzie
The International Gas Union (IGU), the trade association representing the global gas industry, cautions about the possibility of diminishing gas supplies in upcoming decades without further investment. The repercussions of such a drop in supply are clear, particularly the price...
