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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

The major and influential international organisations, which have previously predicted the collapse of the Russian economy due to sanctions, have once again revised their forecasts. The World Bank now expects 2.2 percent growth by the end of the year, while the International Mone...

By Rhod Mackenzie

The Russian budget will receive an additional 4 trillion rubles in tax revenue in 2023,( $42 billion). with credit going to non-oil and gas businesses. Amid a challenging year for the oil sector, it was the non-resource sector that managed to bolster the Russian economy. How was...

By Rhod Mackenzie

Russia will be granted the right to participate in developing Vietnam's oil and gas fields in exchange for tax breaks in joint ventures. The two states will boost collaboration on oil projects, as evidenced by the Cabinet of Ministers' materials reviewed by analysts. For instance...

By Andrey Sushentsov

The foundation of the Russian-Indian partnership is mutual respect for the uniqueness of the civilizations of the two countries. We recognise the unique nature of the civilizational choice of our peoples and recognise the value of the special path that our countries have chos...