African and Mideast Business - Page 6 - The Globe and Mail

August 29, 2019

FILE PHOTO: Cars are parked outside the headquartes of Qatar Petroleum in Doha, Qatar, July 8, 2017. REUTERS/Stringer

FILE PHOTO: Cars are parked outside the headquartes of Qatar Petroleum in Doha, Qatar, July 8, 2017. REUTERS/Stringer

Oil giants woo Qatar in race for LNG prize

5 min read

August 14, 2019

The Gupta ZS-OAK private jet./ Supplied

The Gupta ZS-OAK private jet./ Supplied

Export Development Canada admits US$41-million loan to Gupta brothers for Bombardier jet was a mistake

5 min read

August 9, 2019

A worker walks past storage tanks at Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. Picture taken August 7, 2019. REUTERS/Temilade Adelaja

A worker walks past storage tanks at Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. Picture taken August 7, 2019. REUTERS/Temilade Adelaja

Nigerian oil sellers facing ‘dire’ demand as U.S. competition ramps up

August 8, 2019

FILE PHOTO: An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Picture taken May 21, 2018. REUTERS/Ahmed Jadallah/File Photo

FILE PHOTO: An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Picture taken May 21, 2018. REUTERS/Ahmed Jadallah/File Photo

Saudi Aramco IPO back on the table, but valuation gap persists: sources

August 6, 2019

Woman cooks palm nuts to make oil on the road that connects Obuasi to Cape Coast, Ghana, July 26, 2019. REUTERS/Francis Kokoroko SEARCH "SLAVERY JOURNEY" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.

Woman cooks palm nuts to make oil on the road that connects Obuasi to Cape Coast, Ghana, July 26, 2019. REUTERS/Francis Kokoroko SEARCH "SLAVERY JOURNEY" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.

Cleaner gas alternatives hope to break African cities’ charcoal-cooking habit

August 6, 2019

FILE PHOTO: A flame rises from a chimney at Taq Taq oil field in Arbil, in Iraq's Kurdistan region, August 16, 2014. REUTERS/Azad Lashkari/File Photo

FILE PHOTO: A flame rises from a chimney at Taq Taq oil field in Arbil, in Iraq's Kurdistan region, August 16, 2014. REUTERS/Azad Lashkari/File Photo

Genel Energy confident on Bina Bawi, pays $14 million dividend

August 5, 2019

Bombardier says it has won contract to build multi-billion-dollar monorail project in Egypt

August 4, 2019

Iranian state media says Revolutionary Guards seized foreign oil tanker smuggling fuel in Persian Gulf

Iranian state media says Revolutionary Guards seized foreign oil tanker smuggling fuel in Persian Gulf

Iranian state media says Revolutionary Guards seized foreign oil tanker smuggling fuel in Persian Gulf

August 1, 2019

FILE PHOTO: A man enters the Tel Aviv Stock Exchange, in Tel Aviv, Israel January 29, 2017. REUTERS/Baz Ratner/File Photo

FILE PHOTO: A man enters the Tel Aviv Stock Exchange, in Tel Aviv, Israel January 29, 2017. REUTERS/Baz Ratner/File Photo

Shares in Tel Aviv Stock Exchange surge on public debut

July 30, 2019

This file photo taken on Nov. 8, 2018 shows the Kaombo Norte, a Floating Production Storage and Offloading vessel (FPSO) operated by Total about 250 kilometres off the coast of Angola in the Atlantic Ocean.

This file photo taken on Nov. 8, 2018 shows the Kaombo Norte, a Floating Production Storage and Offloading vessel (FPSO) operated by Total about 250 kilometres off the coast of Angola in the Atlantic Ocean.

Chinese demand for Angolan oil rebounds as new marine fuel standards loom

July 30, 2019

BP beats profit expectations, says it isn’t moving tankers through Strait of Hormuz

July 29, 2019

FILE PHOTO: Cars are parked outside the headquarters of Qatar Petroleum in Doha, Qatar, July 8, 2017. REUTERS/Stringer/File Photo

FILE PHOTO: Cars are parked outside the headquarters of Qatar Petroleum in Doha, Qatar, July 8, 2017. REUTERS/Stringer/File Photo

Qatar Petroleum buys stake in Total’s offshore Guyana assets

July 21, 2019

British Airways suspended flights on Saturday for seven days ‘as a security precaution’ as it reviews security at Cairo airport. (File Photo)

British Airways suspended flights on Saturday for seven days ‘as a security precaution’ as it reviews security at Cairo airport. (File Photo)

Egypt expresses dismay to U.K. envoy over British Airways flight suspension

July 18, 2019

This undated photo provided by the Police News Agency, shows boxes of machinery used in Bitcoin "mining" operations that were confiscated by police in Nazarabad, Iran. Squeezed by sanctions and fueled by subsidized electricity, Iranians and others lured to the country increasingly are turning to Bitcoin and other digital cryptocurrencies. Some mine for the currency. That involves harnessing the power of their computers to verify and secure other users transactions around the world so that the same bitcoin isnt spent twice. They are given new bitcoins as rewards. (News.police.ir via AP)

This undated photo provided by the Police News Agency, shows boxes of machinery used in Bitcoin "mining" operations that were confiscated by police in Nazarabad, Iran. Squeezed by sanctions and fueled by subsidized electricity, Iranians and others lured to the country increasingly are turning to Bitcoin and other digital cryptocurrencies. Some mine for the currency. That involves harnessing the power of their computers to verify and secure other users transactions around the world so that the same bitcoin isnt spent twice. They are given new bitcoins as rewards. (News.police.ir via AP)

Bitcoin craze hits Iran as US sanctions squeeze weak economy

July 11, 2019

Egypt's Oil Minister Tarek el-Molla delivers his speech at the Mediterranean dialogues conference in Rome, Friday, Nov. 23, 2018. (Claudio Peri/ANSA via AP)

Egypt's Oil Minister Tarek el-Molla delivers his speech at the Mediterranean dialogues conference in Rome, Friday, Nov. 23, 2018. (Claudio Peri/ANSA via AP)

Egypt oil minister says arrears to foreign oil companies will be settled ‘soon’

July 10, 2019

FILE PHOTO: Iraqi Oil Minister Thamer Ghadhban speaks to the media at the ministry's headquarters in Baghdad, Iraq October 31, 2018. REUTERS/Khalid Al-Mousily/File Photo

FILE PHOTO: Iraqi Oil Minister Thamer Ghadhban speaks to the media at the ministry's headquarters in Baghdad, Iraq October 31, 2018. REUTERS/Khalid Al-Mousily/File Photo

Iraqi oil minister says extension of OPEC production cuts will help stabilize prices

July 9, 2019

Acacia Mining, independent consultant push Barrick Gold to increase takeover offer

July 8, 2019

Saudi airline cancels $6-billion order for troubled Boeing 737 Max

Saudi airline cancels $6-billion order for troubled Boeing 737 Max

Saudi airline cancels $6-billion order for troubled Boeing 737 Max

July 7, 2019

Nigerian President Muhammadu Buhari signs an agreement ahead of the launching of the African Continental Free Trade Area (AfCFTA) on Sunday.

Nigerian President Muhammadu Buhari signs an agreement ahead of the launching of the African Continental Free Trade Area (AfCFTA) on Sunday.

African leaders launch US$3.4-trillion continent-wide free-trade zone

July 5, 2019

A view of the Grace 1 super tanker i near a Royal Marine patrol vessel in the British territory of Gibraltar, Thursday, July 4, 2019. Spain's acting foreign minister says a tanker stopped off Gibraltar and suspected of taking oil to Syria was intercepted by British authorities after a request from the United States. (AP Photo/Marcos Moreno)

A view of the Grace 1 super tanker i near a Royal Marine patrol vessel in the British territory of Gibraltar, Thursday, July 4, 2019. Spain's acting foreign minister says a tanker stopped off Gibraltar and suspected of taking oil to Syria was intercepted by British authorities after a request from the United States. (AP Photo/Marcos Moreno)

Iran threatens reprisal against British shipping for seizing tanker

July 3, 2019

FILE PHOTO: Electricity pylons are seen along the cooling tower of the defunct Orlando Power Station in Soweto, South Africa, June 28, 2018. REUTERS/Siphiwe Sibeko/File Photo

FILE PHOTO: Electricity pylons are seen along the cooling tower of the defunct Orlando Power Station in Soweto, South Africa, June 28, 2018. REUTERS/Siphiwe Sibeko/File Photo

South Africa considering new support for struggling utility Eskom

June 28, 2019

FILE PHOTO: Filled oil drums are seen at Royal Dutch Shell Plc's lubricants blending plant in the town of Torzhok, north-west of Tver, Russia, November 7, 2014. REUTERS/Sergei Karpukhin/File Photo

FILE PHOTO: Filled oil drums are seen at Royal Dutch Shell Plc's lubricants blending plant in the town of Torzhok, north-west of Tver, Russia, November 7, 2014. REUTERS/Sergei Karpukhin/File Photo

Shell buys 15 million barrels of Middle East crude for August loading

June 26, 2019

Mohammed El-Kuwaiz, Chairman of the Capital Market Authority speaks during an interview with Reuters in Riyadh, Saudi Arabia April 25, 2019. REUTERS/Nael Shyoukhi

Mohammed El-Kuwaiz, Chairman of the Capital Market Authority speaks during an interview with Reuters in Riyadh, Saudi Arabia April 25, 2019. REUTERS/Nael Shyoukhi

Saudi Arabia relaxes ownership limits for foreign investors

June 12, 2019

Japanese Prime Minister Shinzo Abe, left, and Iranian President Hassan Rouhani shake hands after their joint press conference at the Saadabad Palace in Tehran, Iran, Wednesday, June 12, 2019. The Japanese leader is in Tehran on an mission to calm tensions between the U.S. and Iran. (AP Photo/Ebrahim Noroozi)

Japanese Prime Minister Shinzo Abe, left, and Iranian President Hassan Rouhani shake hands after their joint press conference at the Saadabad Palace in Tehran, Iran, Wednesday, June 12, 2019. The Japanese leader is in Tehran on an mission to calm tensions between the U.S. and Iran. (AP Photo/Ebrahim Noroozi)

Rouhani says Japan wants to continue importing Iranian oil

June 7, 2019

Saudi Arabian Energy Minister Khalid al-Falih, is seen after the OPEC 14th Meeting of the Joint Ministerial Monitoring Committee in Jeddah, Saudi Arabia, May 19, 2019. REUTERS/Waleed Ali/File Photo

Saudi Arabian Energy Minister Khalid al-Falih, is seen after the OPEC 14th Meeting of the Joint Ministerial Monitoring Committee in Jeddah, Saudi Arabia, May 19, 2019. REUTERS/Waleed Ali/File Photo

Saudi oil minister says OPEC close to extending supply-cutting deal

June 5, 2019

Workers inspect vegetables in a greenhouse at Agrico, which has the country's biggest hydroponic farm, in Al-Khor, north of Doha, Qatar May 15, 2019. REUTERS/Naseem Zeitoon

Workers inspect vegetables in a greenhouse at Agrico, which has the country's biggest hydroponic farm, in Al-Khor, north of Doha, Qatar May 15, 2019. REUTERS/Naseem Zeitoon

Qatar develops its own dairy and agriculture to cope with Gulf boycott

June 3, 2019

BP agrees to sell Gulf of Suez assets to Dubai-based Dragon Oil

May 27, 2019

At least nine illegal gold miners killed after mine collapse in Zimbabwe

May 19, 2019

Saudi Arabian Energy Minister Khalid al-Falih.

Saudi Arabian Energy Minister Khalid al-Falih.

Saudi energy minister recommends 'gently’ driving down oil inventories, says supply plentiful

May 19, 2019

Iran's depreciating rial currency is one of the reason's the country's 80 million people struggle to buy meat, medicine and other staples of daily life.

Iran's depreciating rial currency is one of the reason's the country's 80 million people struggle to buy meat, medicine and other staples of daily life.

Finding meat and medicine is as big a worry for most Iranians as tensions with Trump rise

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