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Category LNG

Russian state’s oil and gas revenues decline in 2025

Russian state’s oil and gas revenues decline in 2025

Russia’s budget revenues from oil and natural gas sales have dropped by more than 20% in 2025, according to data released by the finance ministry i...
Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national cu...
Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The dipl...
China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase

China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase

China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese gov...