SCO & BRICS latest news and insights
By Rhod Mackenzie
For the Russian Federation, its oil and gas exports are of paramount importance. They are not merely a major component of the nation's balance of payments; they are the one of the cornerstones of the economy. Now If the European segment is being systematically replaced by America...
By Rhod Mackenzie
It seems that the Ukrainians have decided on a scorched earth policy as they are losing the conflict so badly
On August 13th the Ukrainians destroyed the pumping station of Soviet oil pipeline "Druzhba ,the supplies of Russian oil to Hungary and Slovakia have now ceased. For th...
By Rhod Mackenzie
There has been a major U-Turn in the Global Energy Sector with the so called Green Energy and Unreliable Renewables now being sidelined by the Energy production sectors
It has finaly been acknowledged by the global energy giants including BP, Chevron, ExxonMobil, Shell and Tota...
By Rhod Mackenzie
India continues to purchase Russian oil, its refineries are operating at full capacity, and negotiations are underway for wholesale purchases of raw materials in September. US President Donald Trump has issued a formal request to the government of India, urging them to refrain fr...
By Rhod Mackenzie
Russian oil exports have returned to a level of dynamic growth because of not despite the actions of the EU . Thus, deliveries from the Black Seaport of Novorossiysk have almost doubled in the first half of July.
The jump in shipments was slightly offset by a slight decrease i...
By Rhod Mackenzie
In another of his moments of bombast Donald Trump has threatened to punish buyers of Russian energy resources with 100% trade tariffs if the situation in Ukraine is not resolved to his liking and satisfaction within the next 50 days. The first countries likely to be hit are China...
