SCO & BRICS latest news and insights
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...
The US and China are currently entangled in an undeclared technological war, with both countries exchanging blows. Following the US's tightening of the exports of advanced chips to China, including those designed for the Chinese market, Beijing has responded by intensifying controls on the export of...
By Rhod Mackenzie
The implementation a price ceiling on Russian oil has been seriously unsuccessful, a fact that has already been acknowledged in Europe. Nevertheless, Washington still refuses to accept this outcome and now, nearly a year later, has levied sanctions on two shipping companies. Add...
