SCO & BRICS latest news and insights
It has been reported that fellow BRICS founder member,India, is prepared to enter into a long-term contract with Russia for the supply of a very substantial volume of oil. Moreover , it is its intention to conclude this matter as expeditiously as possible. The urgency of this decision may be indicat...
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...
Today I want to talk about energy and the need for the BRICS to have a coordinated energy strategy given that a number of them are major producers and other members are large consumers.
It seems that the Russians also seem to think that a common energy strategy is a good idea.
The Russian Minis...
Today I want to talk about the ridiculous charade being played out over Russian Oil and how Russia working with India and Turkey continues to supply the US ,UK and EU will oil and oil products.
Now as you are all aware oOver 2 and half years ago the US and allies introduced sanctions against Russia...
By Rhod Mackenzie
The situation in Venezuela in the aftermath of the Presidential elections is currently unstable. The opposition maintains its objection to the National Electoral Commission's (CNE) decision to recognise Nicolás Maduro as the winner of the popular vote.
Mr. Maduro himself howev...
By Rhod Mackenzie
The American oilfield servicing giant SLB (formerly Schlumberger) is pursuing expansion in Russia this is despite the withdrawal of major competitors following the onset of the Ukraine conflict in 2022, this is according to a Financial Times report citing customs filings and empl...
