Tag: Aramco
How Formula 1 wants to become greener
Audi is on its way to Formula 1 Audi CEO Markus Duesmann and his Chief Technology Officer Oliver Hoffmann (from right to left): This is what an Audi car could…
High profits increase the pressure on excess profits tax
BP logo on a petrol tank in London London The British energy group BP achieved the second best result in its history in the third quarter. The company’s net income…
Saudi Aramco makes almost $42 billion profit – Toyota’s earnings surprisingly collapse
Audi lowers sales forecast – fewer deliveries The Ingolstadt-based carmaker Audi is lowering its sales forecast for the full year 2022 due to lower deliveries. Of the Sales volume will…
That could mean a US break with the Saudis for the world
Joe Biden and Mohammed bin Salman The US President had announced that he would reconsider relations with Saudi Arabia. (Photo: VIA REUTERS) Frankfurt, Berlin, New York It was only in…
Automaker alliance: Nissan could reduce Renault stake
Tokyo, Paris Luca de Meo has been on a double mission in Japan in the past few days: Officially, the Renault boss traveled to the Formula 1 race in Suzuka,…
That could mean a US break with the Saudis for the world
Joe Biden and Mohammed bin Salman The US President had announced that he would reconsider relations with Saudi Arabia. (Photo: VIA REUTERS) Frankfurt, Berlin, New York It was only in…
This is how Saudi Arabia is planning the desert city made of glass
Project image The Line This is how the Saudi Arabian Crown Prince imagines the city of the future: The mirrored building runs through the landscape like a line. Munich The…
Opec-plus alliance cuts oil production slightly
Oil production in the USA West had pushed for OPEC plus to increase production. (Photo: dpa) Zurich The alliance of oil exporting countries Opec plus has decided to reduce oil…
Renault is exploring partnerships with Geely and Aramco for combustion engines
arcana Renault plans to sell part of its combustion engine activities. (Photo: Reuters) Paris Renault apparently has two partners from China and Saudi Arabia in mind for the planned spin-off…
How BASF, Sabic and Linde want to make the heart of chemistry CO2-free
Steam crackers at the BASF plant in Ludwigshafen The plants are the core of the entire chemical production. (Photo: BASF SE) Dusseldorf One of the most important projects for the…
These 17 charts show the global shock
Dusseldorf The year 2022 should actually have been the year in which the world largely leaves the consequences of the corona crisis behind. But with the attack on Ukraine in…
These 18 charts show the global shock
Dusseldorf The year 2022 should actually have been the year in which the world largely leaves the consequences of the corona crisis behind. But with the attack on Ukraine in…
These 18 graphics show what half a year of war in Ukraine has changed
Dusseldorf The year 2022 should actually have been the year in which the world largely leaves the consequences of the corona crisis behind. But with the attack on Ukraine in…
These 18 graphics show what half a year of war in Ukraine has changed
Dusseldorf The year 2022 should actually have been the year in which the world largely leaves the consequences of the corona crisis behind. But with the attack on Ukraine in…
Dispute in the traffic light coalition on excess profit tax
International oil companies are making big profits The call for the introduction of an excess profit tax is getting louder – but there are many hurdles. (Photo: REUTERS) Berlin It…
Saudi Aramco reports quarterly profit of 47 billion euros
Saudi Aramco gas plant in Hawiyah The oil and gas company Saudi Aramco increased its net profit by 90 percent. (Photo: AP) Dubai Rising energy prices around the world are…
Saudi Arabia wants to increase oil production capacity by one million barrels
Joe Biden Biden attended a Gulf Cooperation Council summit in Jeddah. (Photo: Reuters) Jeddah In discussions about a stronger expansion of global oil production, Saudi Arabia wants to increase its…
Saudi Aramco ahead of Apple most valuable listed companies in the world
Saudi Aramco IPO According to current evaluations, the state-owned company is the most valuable company in the world. (Photo: dpa) Frankfurt The price drop on the stock markets since the…
Tank discount: Gas station association sees no excess profit
Dusseldorf The high prices at German filling stations for petrol and diesel have been causing heated debates for weeks. Although the three billion euro tank discount caused price reductions at…
An “excess profit tax” punishes brave investors
Protest action against oil company Shell Should the mineral oil companies be asked to pay? (Photo: dpa) In politics, there are calls for a so-called “excess profit tax” to skim…