AFP/London Prime Minister Boris Johnson yesterday urged EU leaders to drop their opposition to renegotiating Brexit, as the pound slumped on growing concerns about a no-deal departure. Johnson, who took office last…
How Europe’s populists lost the EU Game of Thrones
The conventional wisdom about European Commission President-elect Ursula von der Leyen’s confirmation by the European Parliament this month is that Central and Eastern European populists pushed her over the line. That is…
QP signs agreement to enter Guyana exploration blocks
QNA/Doha Qatar Petroleum (QP) has entered into an agreement with Total for a share of exploration and production rights in two blocks offshore Guyana in Latin America. Under the agreement, which is…
TAPI gas line: Pakistan not to bear transit risk in Afghanistan
ISLAMABAD: Pakistan has told Turkmenistan in plain words that Islamabad will not bear the gas transit risk in war-ravaged Afghanistan under $8 billion TAPI gas line. In case of halt of gas…
Japanese LNG buyer seeking price arbitration in possible ‘bellwether’
An effort by a Japanese company to get lower prices on a liquefi ed natural gas contract signed a decade ago could be the first in a fl ood as buyers seek…
Turkey May Rethink Boeing Plane Orders, Erdogan Says
Turkey’s president said his government may have to “rethink” existing orders for Boeing Co. airplanes worth about $10 billion, in comments that reflect the country’s strained ties with the U.S. Turkey’s hesitation on the…
Bank of England to Hold Rates as Clouds Gather Over Outlook
Bank of England officials will probably keep policy on hold next week as they acknowledge that the economic outlook has worsened materially since May. All but one of the 24 economists surveyed…
France aims for US digital tax deal by late August – minister
France wants to reach a deal with the US on taxing tech giants by a G7 meeting in late August, Economy Minister Bruno Le Maire said Saturday. He was responding to US…
Chevron wins 90-day Venezuela waiver despite opposition
Bloomberg/Houston Chevron Corp and four oil services companies won a last-minute US government reprieve to continue producing oil in Venezuela, albeit only for a 90-day period. The US Treasury Department supported Chevron’s…
Sasol’s SA plants threatened by emission standards
Sasol said some of its South African plants are under threat from sulfur dioxide emission standards that it will need to comply with by 2025. The company, South Africa’s biggest by revenue,…