Kwarteng holds secret meetings with Saudi firms - report - Breaking The News
Download our appPlay StoreApp Store

Kwarteng holds secret meetings with Saudi firms - report

EPA-EFE/TOLGA AKMEN

British Chancellor of the Exchequer Kwasi Kwarteng (pictured) held secret meetings with representatives of Saudi firms when he visited the kingdom under his previous role as business secretary, The Guardian reported Tuesday.

According to the report, Kwarteng had undisclosed encounters with the CEOs of Saudi Aramco, Sabic, and Alfanar, an industrial conglomerate. In contrast, the Department for Business, Energy, and Industrial Strategy files do not contain any reference to such discussions.

Meetings with foreign government representatives do not have to be declared, but those with company directors do. A government spokesman said that an "administrative irregularity" had occurred.

Related News
TotalEnergies: Q4 net income jumps to $5.9B
TotalEnergies SE stated on Thursday that its consolidated net income in the fourth fiscal quarter of 2021 amounted to $5.9 billion, soaring more than sixfold from the corresponding timeframe a year earlier. Fully-diluted earnings per share also increased six times from the closing trimester of 2020 to $2.17 in the final three months of 2021. Sales were 59% up, reaching $60.3 billion. Full-year 2021 consolidated net income was $16.4 billion, as opposed to a...
Chevron, Total to stop Myanmar operations
Chevron Corp. and TotalEnergies SE announced on Friday that they will stop all operations in Myanmar over human rights abuses following the military coup that took place in 2021. Chevron said it has reconsidered its Yadana natural gas project and has planned an "orderly transition" from the country. Meanwhile, Total explained it has not found a way to continue to produce gas from the Yadana field while limiting the financial flows received by...
TotalEnergies, Daimler partner on hydrogen ecosystems
TotalEnergies and Daimler Truck AG announced on Wednesday they signed a partnership agreement to collaborate in the development ecosystems for heavy-duty trucks running on hydrogen. The companies stressed their commitment to " the decarbonization of the road freight in the European Union." Under the deal, TotalEnergies plans to operate up to 150 hydrogen refueling stations in Germany, France and the Benelux countries by 2030, while...
Total's EPS jump sixtyfold to $1.27 in Q2
French oil and gas company Total SE stated on Thursday that its adjusted fully-diluted earnings per share surged 6250% on an annual basis to stand at $1.27 in the year's second quarter. The company's net income reached $2.2 billion in the same trimester, compared to the loss of $8.4 billion observed in the second three-month period of 2020. Total's sales rocketed 82.8% to $47.04 billion in the three-month period. "In the second quarter, thanks to the...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.