When it was announced in 2023 that the African Union would become a full member of the G20, I darkly joked on a podcast that the AU’s entry into the body could very well mark the moment the G20 lost its status as one of the most important global coordination forums. Mark my words, I said, soon The Economist will be like “Uhhh, the G20 is OVER – it’s the ...
Tag: Oil
Related Posts
East Africa Court Dismisses Activists’ Case Over Massive Franco-Chinese Oil Project
The East African Court of Justice has dismissed a case challenging TotalEnergies' massive oil project in Uganda and Tanzania, after civil society groups sought a full trial over the controversial development. Four civil society groups first filed a petition in 2020 ...
China’s Happy With Its Iran Ties Just the Way They Are
There's been a lot of speculation in the aftermath of the brief U.S.-Israel conflict with Iran that Beijing would step in to bolster its longtime partners in Tehran. Rumors have been bouncing around that China will sell Iran advanced fighter jets ...
Iraq Signs Mega-Energy Deal With Chinese Oil Firm
Iraq signed a major energy deal Wednesday with a Chinese petrol company in the southern province of Basra, aiming to boost oil production and build a refinery and electricity plants. China has gained a major foothold in oil-rich Iraq in recent ...
Myanmar Junta Chief Meets China’s Xi for First Time
Myanmar's junta chief met China's president for the first time since seizing power, state media reported Saturday, the highest-level meeting with a key ally for the internationally sanctioned military leader. Senior General Min Aung Hlaing led a military coup in 2021, ...
Trump Moves to Punish Venezuelan Oil Trade, With China and India Likely to Feel the Blow
By Beiyi Seow and Becca Milfed U.S. President Donald Trump announced Monday steep tariffs on imports from countries buying Venezuelan oil and gas, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.
Battle for Khartoum Wrecks Chinese-Built Oil Refinery in Sudan
By Abdelmoneim Abu Idris Ali The once-pristine white oil tanks of Sudan's largest refinery have been blackened by nearly two years of devastating war, leaving the country heavily dependent on fuel imports it can ill afford.
U.S. Sanctions Houthi-Linked China Oil Refinery
The United States on Thursday sanctioned a China-based oil refinery that purchased Iranian oil worth around $500 million from Houthi-linked ships as the White House ramps up pressure on Iran. In a statement, the U.S. Treasury Department announced it was sanctioning ...
Niger Expels Three Chinese Oil Executives: Reports
Niger's military rulers have expelled three Chinese oil executives from the country and closed down a Chinese-run hotel, media reports and an official decree indicated Friday. Several Nigerien media reported that authorities had given two days' notice to leave the country ...
Rethinking China’s Role in Africa’s Energy Future
By Jiaqi Lu Expanding electricity access is one of the most pressing challenges for Africa’s development, with 600 million people—roughly 43% of the continent’s population—still lacking access to reliable electricity. The 2025 Africa ...
Infographic: Who Are China’s Top Trading Partners in Africa?
Trade between China and Africa reached more than $295 billion in 2024, an increase of 6.1% on the previous year, according to a recent report by the Chinese customs administration. We break down the trade between the two continents in infographics. ...
U.S. Sanctions Network Delivering Iranian Oil to China
The U.S. Treasury announced financial sanctions on Thursday, the first under the new administration of Donald Trump, that target an "international network" accused of shipping Iranian oil to China to fund Tehran's military activities. The sanctions target the network for "facilitating ...
Two Chinese Oil Workers Kidnapped in Niger
Unidentified gunmen ambushed a vehicle carrying staff from the Chinese state-owned oil major CNPC near Niger's Agadem oil field, killing two local security guards and taking two of the Chinese nationals hostage. The incident, according to French news reports, took place ...












