Saudi Arabian attacks linked to higher oil prices, spark energy stock rally
A weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record.
Trudeau pressed for update on Canada’s arms deal with Saudi Arabia [UPDATED]
Review of the $15-billion LAV contract began last fall after the killing of journalist Jamal Khashoggi.
Conservatives, if elected, would work to restore ties with Saudi Arabia
Would focus on improving commercial ties and by offering more aid, development and refugee support in the Gulf region.
Saudi carrier cancels troubled Boeing 737 order for Airbus
Company said in April it has booked about $1 billion in charges related to fixing the plane.
Saudi Arabia says its oil infrastructure attacked by drones
Yemen’s Houthi rebels sending a message to the Sunni power, “…stop your aggression.”
Flynn pushed to share nuclear tech with Saudis: report
Concern Saudi Arabia could develop nuclear weapons if the US technology were transferred without proper safeguards.
Two Canadian engineering giants are headed in starkly different directions
One is dialling back its expectations, the other growing by leaps and bounds.
Saudi Arabia showcases US$53B in deals at conference
The Kingdom wants to build new airports and sea ports, metro lines and railways.
SNC Lavalin mulls retreat from Saudi Arabia amid deepening diplomatic row
The feud, plus problems with a mining project and an arbitration loss in Australia, hitting 2018 financial results.
Bombardier says business jets resistant to diplomatic skirmishes with China, Saudi
Business jets yield fatter margins than commercial planes; the Quebec manufacturer is staking its financial turnaround on the space.
General Dynamics says cancelling Saudi Arabian contract would cost billions
The murder of journalist Jamal Khashoggi has called into question Canada’s business dealings with the Kingdom.
Freeland says Khashoggi case not closed; but Trump says facts may never be known
In the case of the murdered journalist, Canada will persist with its push for a transparent international investigation, says Foreign Affairs minister.
Trudeau says Canada wants Saudi answer on its role in Khashoggi killing
Journalist Jamal Khashoggi’s murder has strained an already tense relationship between Canada and the Kingdom.
Abu Dhabi summit: Oil production cuts may be necessary
Trump’s sanctions on Iran are affecting the market.
Government urged to rein in Canadian Commercial Corporation on arms deals
Liberals are reviewing all future export permits for sales to Saudi Arabia in response to Jamal Khashoggi’s murder.
Canada continues diplomatic talks with Saudi, no resolution yet
Freeland still looking for more clarity from the Saudi government about the measures it is taking.
Saudi-Canada spat: Both countries are wrong
Riyadh’s move to freeze all business with Ottawa impacts opportunities for collaboration and investment.
Canada not considering retaliation against Saudis: Morneau
Kingdom has tried to sting Canada’s economy by halting future trade and investment deals.
Former diplomat urges Canada to stop conducting diplomacy via social media
Don’t use tweets to convey complex diplomatic messages where language and nuance are critically important.
Saudi official says Canada dispute won’t affect oil sales
Kingdom’s energy minister declares firm and longstanding policy that oil is not influenced by “political circumstances.”
Trudeau says Canada standing firm on Saudi Arabia’s human rights abuses
An apology or a withdrawal of human rights concerns raised is not on the table.
Saudi Arabia directing selloff of Canadian assets after Freeland criticism
Financial Times reports Saudi central bank, state pension funds instructed to dispose of Canadian equities, bond and cash.
Freeland defends Canada’s position in Saudi Arabia spat
Says it will always speak up for human rights as Saudi Arabia moves to freeze new trade deals; threaten Canada’s $15-billion arms deal.
NGOs demand independent probe into use of armoured vehicles in Saudi Arabia
They claim the Global Affairs Canada investigation into vehicles being used to commit human rights abuses was deeply flawed.
OPEC agrees to cut output in bid to push up oil price
But longer term, analysts say it’s highly unlikely oil will return to $100 a barrel.
Canadian defence industry defends Saudi arms deal
Heavily regulated industry follows the rules set by government.
Energy expert says worst of the oil collapse is over
But prices won’t top $100, and Saudi Arabia won’t cut production to balance the market.
GE makes deals worth over $1.4B with Saudi Arabia
Country’s investment organization to help develop industry and manufacturing.
Arms Trade Treaty won’t stop controversial arms deals
UN disarmament chief ‘s analysis of treaty limitations undercuts criticism of LAV3 sale to Saudi Arabia.
SNC-Lavalin gets EPC contract for Saudi Arabia asphalt production facility
Project will boost asphalt production capacity to 42 thousand barrels per day.
SNC-Lavalin consortium signs sulphuric acid plant contract in Saudi Arabia
Agreement includes two 75 mega watt power plants that will recover heat generated by the acid plant operations.
US energy self sufficient by 2035: IEA
Implications fuel Canada’s quest for new oil customers.