SCO & BRICS latest news and insights
The US President-elect Donald Trump has indicated that he plans to support traditional fossil fuels and may even withdraw from the Paris Climate Agreement, in contrast to the "green" Biden administration. What impact will Trump's policies have on oil prices and US LNG exports?Plus Will he lift sanc...
The Russian budget is based on three main revenue streams, all of which are demonstrating robust growth in the current fiscal year. The budget deficit has decreased by approximately 50% compared to the previous year. What strategies enabled Russia to exceed its revenue targets from a year ago, and w...
Washington will continue to impose sanctions against the Russian energy sector and related infrastructure, according to a statement released by US Deputy Energy Secretary Geoffrey Pyatt on Tuesday.
“We will continue to tighten the screws and continue to impose sanctions on a wide range of companies...
By Rhod Mackenzie
The Sakhalin-1 and Sakhalin-2 projects are significant for the Japanese energy sector, and the government intends to continue participating in them. This information is based on the Japanese Foreign Ministry's annual diplomatic report, known as the 'Blue Book'.
Regarding oil an...
Last year, the Federal Customs Service calculated that the sobotage of the Nord Stream pipelinescost the Russian budget over a trillion rubles in lost revenue from gas exports. Sanctions against the oil industry caused less damage to the budget. Despite this, the budget was managed. How did Russia...
The CEO of Saudi Aramco, Amin Nasser, has called for a change in the strategy of transitioning from fossil fuels to renewable energy sources, commonly known as the 'green' transition. Nasser believes that the current strategy has failed and proposes to abandon the idea of replacing oil and gas with...
