Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Chinese firm makes U-turn on deal with Sanaa

  • By Al Mayadeen English
  • Source: Agencies
  • 23 May 2023 21:56
  • 2 Shares
2 Min Read

Chinese energy firm Antonoil is going back on its deal with Yemen days after the agreement was struck with the Sanaa government.

  • x
  • Commercial ships are docked at the Red Sea port of Hodeidah, as a container ship carrying general commercial goods docked at the port for the first time since at least 2016, in Al-Hudaydah, Yemen February 25, 2023 (AP)
    Commercial ships are docked at the Red Sea port of Hodeidah, as a container ship carrying general commercial goods docked at the port for the first time since at least 2016, in Al-Hudaydah, Yemen February 25, 2023 (AP)

The Chinese Antonoil oil company released Tuesday a statement nullifying a Memorandum of Understanding (MoU) signed with the Sanaa government last week.

Antonoil "sincerely apologize[d]" to all parties involved in the MoU after voiding it and not explaining the reason behind its decision.

The Sanaa Ministry of Oil and Minerals signed Saturday an MoU with the Chinese Antonoil oil company and a representative of the Chinese government to invest in oil exploration in Yemen.

The MoU was signed "after many negotiations and coordination with several foreign companies to convince them to invest in this field in light of the available investment opportunities and the advantages and facilities that investment companies will enjoy in this vital and important sector," the SABA news agency reported.

The Yemeni Oil Ministry warned foreign companies against dealing or concluding any contracts with the government of the Saudi-appointed Presidential Council.

Related News

Trump orders national guard expansion in Washington

Musk’s xAI sues Apple, OpenAI over antitrust collusion in AI market

Oil and minerals minister Ahmed Dares welcomed investment companies in the oil exploration sector in Yemen, underlining that he sought to offer facilities to push investors to come into the country.

"Due to a lack of sufficient understanding of the relevant information previously, Anton Dubai Branch signed a non-legal Memorandum of Understanding regarding Yemeni oilfields development on May 17, 2023," the Chinese firm's statement read.

"After verifying the relevant information, Anton hereby solemnly announces the nullification of the MOU and sincerely apologizes to the parties involved," it added, not providing any more context on the issue.

The agreement signed with China was of utmost importance to the government in Sanaa at a time when Yemen's oil wealth is being looted by the Saudi coalition and the United States.

Read next: How much oil was looted from Yemen during 2022?

Riyadh's ties to Beijing have been growing steadily for years now, and it is noteworthy that China is the biggest import of Saudi oil, and it has been for years.

  • United States
  • Yemen
  • China
  • Saudi Arabia

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Displaced Palestinians walk through a makeshift camp along the beach in Gaza City, Sunday, Aug. 10, 2025 (AP)

Hamas, other factions accept Egypt-Qatar ceasefire proposal: Exclusive

  • Politics
  • 18 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS