SCO & BRICS latest news and insights
By Rhod Mackenzie
The US is increasing its pressure on Turkey to end its purchases of Russian oil and gas, the Russian Embassy in Ankara reported in an oficial statement.
It said Washington continues to coerce its so called allies to reduce or even to cease their mutually beneificial energy coop...
By Rhod Mackenzie
Major European oil refineries are at risk of shutting down due to Washington's sanctions against Russia's Lukoil. A major gas station chain has closed in Finland, and Bulgaria and Romania are scrambling to take action. Risks have also emerged for the global energy market. what er...
By Rhod Mackenzie
It is no longer accurate to suggest that oil prices are the key factor in the stability of the Russian economy and finances. Russia is a major supplier of raw materials and high-value products to the global market, including industrial goods. Could you please provide an update on...
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...
