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Canada bans Huawei from participating in country’s 5G wireless networks

- China's ZTE also prohibited from competing in Canada's 5G network installation

home > Asia, Americas, General 20.05.2022 10:16

Canada bans Huawei from participating in country’s 5G wireless networks

Canada announced Thursday that it has banned two Chinese firms -- telecom giant Huawei Technologies and ZTE -- from participating in the country's 5G wireless networks.

Public Safety Minister Marco Mendicino and Minister of Innovation, Science and Industry Francois-Philippe Champagne made the announcement at a joint press conference.

Mendicino said that after a lengthy and careful study, the two Chinese firms were excluded from competing in Canada's 5G network installation.

Mendicino said there was too much 'high risk' in allowing Huawei or ZTE to have a hand in the new network.

'(It's) part of a robust strategy to protect our national security,' he said.

China has been accused of cyberattacks and intrusion against the Canadian government and infrastructure.

5G is the 5th generation mobile network designed to connect everyone and everything together, and as such handles extremely sensitive materials.

The move also brings Canada in line with its allies in the so-called Five Eyes intelligence alliance which previously banned or restricted Huawei from any role in establishing their 5G networks. The Five Eyes countries are Australia, Canada, New Zealand, the UK and the US.

'This (ban) follows a full review (and) this is very much in line with our allies,' Champagne said.

Canada's announcement may have been delayed because of the conflict over the arrest of Huawei Technologies’ Chief Financial Officer Meng Wanzhou in December 2018. She was seized at the request of the US government, who wanted her to face fraud charges in the US.

Beijing was outraged at the arrest and demanded Meng's immediate release. When that did not happen, two Canadians were arrested shortly afterward and jailed in China on spying charges.

Meng was put under house arrest and a lengthy extradition hearing before finally being released in the fall of 2021.

The charges against Michael Spavor and Michael Kovrig were dropped and they were released soon after Meng was freed and returned to China.

By Barry Ellsworth in Trenton, Canada

Anadolu Agency

energy@aa.com.tr


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Oil slightly down as investors weigh impact of huge US emergency oil release

-Member countries of International Energy Agency are expected to meet later on Friday to discuss further release of crude oil from emergency stocks
01.04.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Japan rules out withdrawing from energy projects with Russia

- Tokyo's crude oil, LNG imports from Russia in 2021 were around 3.6% and 8.8%, respectively
01.04.2022 World , Eurasia , Asia

Oil down as US due to announce massive oil release from emergency stocks

- Country is currently holding 568.3 million barrels of crude oil in its reserves
31.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

World's first ever electric cruise ship sets sail on first voyage

-Chinese-made ship can carry 1,300 passengers and entirely powered by hydroelectric electricity from China's Three Gorges Dam
31.03.2022 Electricity , World , Asia

Oil down over weakening demand in China, ongoing Russia-Ukraine talks

- Investors are monitoring upcoming meeting of major oil producers of OPEC+ group, of which Russia is a member
30.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down over lingering demand fears from Chinese lockdown

-Home to over 28 million people, Shanghai will be locked down for eight days
29.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Kazakhstan looks for alternative routes for storm-halted oil pipeline

- Oil exports via the Caspian Pipeline Consortium (CPC) stopped on Wednesday after storm damaged tanker loading facilities
25.03.2022 Oil , World , Europe , Eurasia , Asia

bp and Marubeni partner to pursue offshore wind in Japan

- bp to establish local offshore wind development team in Tokyo
23.03.2022 Electricity , Wind , Asia

Quake aftereffects come to haunt Japanese as power cuts expected

- Prime Minister Fumio Kishida says demand for electricity above target levels
22.03.2022 Electricity , Asia

Oil jumps amid reports of possible EU sanctions on Russian oil sector

- International Energy Agency last week suggested that 10 practical, energy efficiency measures could cut 2.7 million barrels per day of oil
21.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices show gains on hopes of successful outcome to Ukraine-Russia talks

- Prices drop as low as $96.44 a barrel during previous session
17.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Japan to join G7 initiative to reduce dependency on Russian energy

- Country will also reconsider its stakes in oil and LNG projects on Russia's far eastern Sakhalin Island, Japanese minister says
16.03.2022 Oil , World , Asia

Oil down on easing supply fears with upcoming talks between Russia and Ukraine

- Price fall comes after highly volatile market last week, with Brent hitting over $139 a barrel
15.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

As US scrambles to find alternatives to Russian oil, experts see Iran as best option

- Venezuelan oil industry has been struggling with technical difficulties, but Iran has never stopped output after US sanctions in 2018, experts say
14.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Aramco to develop major refinery, petrochemical complex in China

- Liquids-to-chemicals complex in Panjin, to start in 2024, will help will help meet China's growing demand for energy and chemical products
12.03.2022 Oil , Refining/Petro Chemistry , Asia , Middle East-Africa

Oil edges higher as supply risks endure over Russia-Ukraine war

- Highly volatile prices with ongoing Russia-Ukraine war are capped with prospect of no further oil embargoes
12.03.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent climbs towards $100 over escalating Russia-Ukraine crisis

- Experts say OPEC+ group may have to agree to step up output to calm global oil market
28.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

India’s quest for solar energy may have adverse social, ecological effects

- Experts urge caution as India aims to achieve installed solar capacity target of 270 gigawatts by 2030
28.02.2022 Solar , Asia

OPEC+ under pressure to pump more oil due to supply risks from Russia-Ukraine crisis

-Experts warn of record price surges if OPEC+ insists on current production levels
28.02.2022 Oil , International Organization , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up over supply worries after fresh sanctions on Russia

- Rising tension in Eastern Europe, coupled with new sanctions on Russia, is raising fears of supply disruptions, pushing prices higher
26.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices surge over escalating Ukraine-Russia tension

-Prices surge more than $4 a barrel with Brent briefly hitting over $100 a barrel
24.02.2022 Oil , World , Europe , Eurasia , Asia , Americas

Kazakhstan working to produce nuclear energy, says official

- Nuclear Energy and Industry Department head says country has uranium isotope enrichment services, nuclear fuel production
24.02.2022 Nuclear , World , Asia

Oil prices stabilize over softer-than-expected sanctions on Russia

-Possible return of Iranian oil also caps price rises
23.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices climb over growing tensions in Ukraine

- More rises expected in event of supply disruptions after Russia’s decision to recognize sovereignty of Ukraine’s Donetsk and Luhansk regions
22.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down with Ukraine crises, Iran nuclear deal nearing completion

- Up to 900,000 barrels per day of crude oil could be released if Iran returns to market
21.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Japan to release oil from reserves in line with US request

- Move is part of US initiative to release 50M oil barrels from Strategic Petroleum Reserves, a move supported by China, India, Japan, South Korea and UK
17.02.2022 Oil , World , Asia , Americas

Oil retreats as investors gauge Russian threat in Ukraine

- Both benchmarks fell more than 3% after Russia announced a partial removal from its border with Ukraine on Tuesday
16.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices to hit over $100 per barrel in 2022: Analysts

- Declining OPEC+ spare capacity poses threat for oil market while tension in Eastern Europe exerts additional price pressure, says Int. Energy Agency
16.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down over rising investor appetite for profit-taking

- Mounting tension in Eastern Europe continues to uphold high prices, while possible return of Iran to oil market limits further increases
16.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up on fears of supply disruption in Eastern Europe

- OPEC+ spare capacity is not enough to compensate for supply disruptions, and exposes oil markets to more vulnerabilities while underpinning higher prices: IEA
15.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Azerbaijan to send extra gas to Turkiye, offseting supply lack from Iran

- Azerbaijan steps in to bridge supply gap after Iran's temporary halt of natural gas flow to Turkiye on Jan. 20
10.02.2022 Natural Gas , Turkey , Asia

Russia's Gazprom signs deal with China to enlarge natural gas supplies

- Agreement allows Russia to supply additional 10 billion cubic meters of gas, bringing total annual deliveries to 48 billion cubic meters
05.02.2022 Natural Gas , World , Eurasia , Asia

Rosneft signs 10-year deal with China for shipment of 100 million tons of oil

- Oil to be processed in refineries in China
05.02.2022 Oil , International Relations , Eurasia , Asia

Oil prices up over supply outages in Libya, Nigeria

- Prices will come under downward pressure as long as OPEC+ continues its tight market policy, experts say
05.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil edges higher ahead of OPEC+ oil producers meeting

-23-member group is expected to stick to its decision of increasing output by 400,000 barrels per day through March
02.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up on expectations of tight market due to OPEC+ output policy

-23-members of OPEC and allies, known as OPEC+, will hold ministerial meeting on Wednesday to review production policy
02.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up as political tension in Ukraine spurs supply fears

- Upcoming meeting of OPEC group and allies is not expected to help raise prices as group is set to maintain gradual increase policy
01.02.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Uzbekistan, Kazakhstan and Kyrgyzstan face massive power outages

- Work is ongoing to resolve malfunction, according to media outlets
26.01.2022 Electricity , Asia

TotalEnergies to withdraw from Myanmar

- Company bases its decision on deteriorating human rights situation since coup of February 2021
22.01.2022 Oil , World , Europe , Asia

Oil down, slashing weekly gains over massive build in US gasoline stocks

- US gasoline inventories increase by 5.9 million barrels, feeding investor jitters over demand fall in world’s largest oil consumer
22.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil sets new record amid rising tension in Middle East and Ukraine

- Disruptions in supply and geopolitical tensions push prices up to multiyear highs
20.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices reach 7-year-high over Mideast tensions, supply woes

- Production by some members of OPEC+ group falls short of monthly targets, raising prices further
19.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil mixed over expected US Strategic Petroleum Reserves sale, US crude stock fall

- US commercial crude oil stocks decrease by 4.6 million barrels, exceeding market expectation of 1.95 million-barrel drop
14.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

India’s oil demand rises over 5% in 2021

- Petroleum ministry shows consumption is slightly under 4.9 million barrels per day in 2021, up from 4.65 million barrels per day in 2020
14.01.2022 Oil , World , Asia

Oil mixed amid demand uncertainties

- US Energy Information Administration predicts 1.08 million-barrel fall in crude stocks against 10.9 million-barrel build in gasoline stockpiles
13.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil volatile over supply concerns in Kazakhstan, Libya

- Flight cancellations in US continue due to spread of omicron variant among staff, putting pressure on prices
11.01.2022 Oil , Coal , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices rise around 5% during in week ending Jan. 7

-Supply concerns driven by unrest in OPEC member Kazakhstan, outages in Libya as well as OPEC+ production decision have lion’s share in upward price movements
09.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up over supply jitters after protests in Kazakhstan

- Brent posts its largest increase after Nov. 24 when it was trading as high as $83 a barrel
08.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down over demand woes after hefty rise in US gasoline stocks

-US gasoline inventories rise by 10.1 million barrels, posting largest surge since April 2020
07.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent surpasses $80 as OPEC+ output decision cements trust in market

- OPEC+ production scheme and decline in US crude inventories help upward movements
06.01.2022 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Russia plans oil and gas investments in Afghanistan: Taliban

- Taliban interim government spokesman encourages support from Russian investors by offering investor-friendly conditions
05.01.2022 World , Eurasia , Asia
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