SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia's oil reserves are expected to last for only a further 26 years, according to the latest assessment given by the head of the Ministry of Natural Resources, Alexander Kozlov.
On initial observation, this figure appears to be of a frightning nature. Will Russia really run...
By Rhod Mackenzie
According to S&P Global, seaborne exports of Russian crude oil increased by more than 50% in April, reaching a 13-month high. In particular, oil tankers from G7 countries have been actively involved in transportation. Lets explore the reasons behind Western ships' increased invol...
By Rhod Mackenzie
Recently, the Estonian Navy, with the support of NATO aircraft, attempted to detain the tanker named the Jaguar which sails under the Gabonese flag in international waters. The vessel had left the Indian port of Sikka and was heading to the Russian Primorsk, not far from St. Pete...
By Rhod Mackenzie
It has ben reported by the Western media agencies that the BRICS founding India has made a decision to increase its oil supplies from the US to replace fellow BRICS member's Russian oil. However, industry analysts are confident that US oil will not be able to compete with Russia...
By Rhod Mackenzie
At the end of April, the Russian Prime Minister Mikhail Mishustin approved the Energy Strategy of Russia until 2050. The strategy's objective is to transition the energy sector to a new paradigm, ensuring affordable and reliable energy provision for the population and economy, wi...
The high-profile story of Trump's Godfather like "gonna make you an offer you cannot refuse to Zelensky for Ukrainian natural resources has attracted widespread attention, but the American president's true motives and plans in this direction remained a mystery to most commentators, although the sol...
