It was always unrealistic to imagine that BRICS is an alliance of completely sovereign countries that have united due to their shared hatred of the West and are thus plotting to topple the dollar’s dominance […]
Brazil, with 14.9 billion barrels of proven reserves, is aiming to boost oil output to 5.4 million barrels per day by 2029, potentially becoming the world’s fourth-largest oil producer. Guyana, following a series of discoveries […]
Private equity firm Denham Capital has announced the sale of Rio Energy assets to energy giant Equinor, as the latter expands its renewables portfolio. The transaction includes the entire Rio Energy team and other selected […]
Wood Mackenzie: Brazil’s private oil companies will increase oil production by 75% from 1.221Mb/d to 2.123Mb/d by 2030. Petrobras is also expected to grow production at an impressive clip, with output expected to increase 61% […]
The company aims to increase production capacity from the current output of nearly 90,000 barrels of oil equivalent per day (boepd) to more than 500,000boepd by 2033. Norwegian oil giant Equinor is planning to boost oil production […]
Authored by Pepe Escobar, U.S. Think Tank Land hacks are not exactly familiar with Montaigne: “On the highest throne in the world, we still sit only on our own bottom.” Hubris leads these specimens to […]
When Brazilian President Luiz In?cio Lula da Silva was sworn in in January, many policymakers in the West breathed a sigh of relief. Four years of Jair Bolsonaro’s reactionary politics had undermined Western engagement with […]
New York, 24 May (Argus) — A sharp drop-off in tonne-mile demand for US Gulf coast medium range (MR) clean tankers so far this year has pressured freight rates for the segment to the lowest […]
The Washington Post’s latest report about the Pentagon leaks proves that there are very real limits to the US’ influence over the Global South nowadays, which discredits the expectation that it can force every country […]
CAPE TOWN: Nineteen countries expressed an interest in joining the BRICS group of nations as it prepares to hold an annual summit in South Africa. The emerging-markets bloc of Brazil, Russia, India, China and South Africa will […]
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