SCO & BRICS latest news and insights
The European Commission President Ursula von der Leyen has finally acknowledged that the EU has suffered significant economic losses due to cutting off it major purchses of Russian energy resources. She has characterised the current situation as critical, emphasising that the EU's competitiveness is...
In the context of a historic reduction in pipeline gas supplies due to the ending of gas transit via the Ukraine , Europe continues to buy large quantities of Russian gas through the import of LNG. So buying form Russia is the only available option. The reasons for this, and the likelihood of the...
Qatar has threatened to cease supplying liquefied natural gas to the EU. This decision follows the implementation of the EU's new ESG directive, which aims to penalise companies that do not meet the required standards for carbon emissions. For Europe, which has been looking to alternatives to Russia...
Following a its record loss in 2023 and the its first lossssince 1999, Gazprom this year has exceeded expectations, generating an impressive 46 billion dollars in revenue. Significantly, European customers played a pivotal role in driving this growth by maximising their purchases through the availab...
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?
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