SCO & BRICS latest news and insights
By Rhod Mackenzie
There is mounting evidence that Apple is losing its Chinese customer base. Primarily, this pertains to the newest iPhone 15 model, which has not been selling well in this crucial foreign market. Its sales declined by 6% in September compared to the previous year, according to the...
By Rhod Mackenzie
India is under pressure due to its unwavering stance on importing oil from Russia. This was confirmed by the Foreign Minister, Subrahmanyam Jaishankar, during a conference in Bhopal.
It should be noted that India has taken a resolute position to defend their right to purchase o...
By Rhod Mackenzie
Having pushed Gazprom out of the European market, the American oil and gas industry is facing a slowdown in its growth in gas production. This could be an unpleasant surprise not only for Europe, but also for Japan and China, the main buyers of American LNG. According to the US D...
By Rhod Mackenzie
A competition has emerged between the two largest oil and gas companies in America, both striving to secure their oil supply for several decades to come. Although predictions anticipate oil demand peaking in 2030 before dwindling, both Chevron and ExxonMobil have signed multi-bil...
By Ali Fathollah-Nejad and Amin Naeni
At the 15th annual BRICS Summit held in Johannesburg, South Africa, on 22–24 August 2023, six new members were admitted into the bloc from 2024 onwards: Argentina, Ethiopia, and four states from the Middle East and North Africa (MENA) region, namely Egypt, Sau...
By Rhod Mackenzie
The US government has eased sanctions against Venezuela in the hope that it will improve the situation in the oil market, where there has been a noticeable shortage recently. This is a significant breakthrough for the Latin American country. However, due to the state of Venezuel...
