Tag: Aramco
Swiss start-up Energy Vault is shaking up the battery storage market
Zurich The fact that a new era is beginning at Energy Vault after the IPO is not hidden to anyone at the company’s location in Arbedo-Castione in Ticino. Company boss…
Michael Burry joins Alphabet and Meta – and bets against Apple
Apple The iPhone maker’s stock fell during the recent stock market sell-off. (Photo: dpa) Dusseldorf For the third time in a row, Michael Burry has completely redesigned his depot. The…
Michael Burry joins Alphabet and Meta – and bets against Apple
Apple The iPhone maker’s stock fell during the recent stock market sell-off. (Photo: dpa) Dusseldorf For the third time in a row, Michael Burry has completely redesigned his depot. The…
Michael Burry joins Alphabet and Meta – and bets against Apple
Apple The iPhone maker’s stock fell during the recent stock market sell-off. (Photo: dpa) Dusseldorf For the third time in a row, Michael Burry has completely redesigned his depot. The…
BP, Shell, Saudi Aramco.: Oil majors benefit from energy rally
Oil platform in the North Sea Oil company profits could break records again this year. (Photo: Reuters) Dusseldorf Business couldn’t be better: Saudi Aramco’s first-quarter profit shot up 82 percent…
Oil company increases profits by 82 percent
Saudi Arabia Along with other members of OPEC+, Saudi Arabia increased its production earlier in the year. (Photo: Reuters) Dhahran In the first quarter of this year, Saudi Aramco reported…
Oil companies benefit from the energy price rally
BP oil rig in the Gulf of Mexico Oil company profits could break records again this year. (Photo: dpa) Dusseldorf Hardly anyone is currently benefiting from the high energy prices…
US stock markets are catching up at the close, but tech stocks are worrying investors
new York After another turbulent trading day, the stock markets caught up again at the close of trading in New York: the US standard index Dow Jones closed down 0.3…
Saudi Aramco, the most valuable company in the world
Good morning dear readers, how many times have we heard that the fossil age is just as over as the analogue age? But now the war is on and the…
Saudi Aramco, the most valuable company in the world
Good morning dear readers, how many times have we heard that the fossil age is just as over as the analogue age? But now the war is on and the…
Saudi Aramco overtakes Apple as the most valuable company in the world
new York While the share price of the oil company Saudi Aramco has benefited from the high oil prices in recent weeks, the papers of the iPhone manufacturer Apple have…
Tech stocks lose more than $1 trillion in value in three days
Apple logo The iPhone producer lost more than $200 billion in market value within three trading days. (Photo: dapd) Dusseldorf The sell-off in stock markets is hitting even the largest…
How Russia is fighting the decline of its oil industry
Oil refinery of the Yukos concern in Tomsk So far, Russia is the third largest crude oil producer after the USA and Saudi Arabia. But there could be a drop…
Rising energy prices are creating uncertainty on the stock exchanges
Bull and Bear in front of the Frankfurt Stock Exchange Like other European stock exchanges, the German leading index Dax fell slightly last week. Market analysts consider further developments to…
Fuel depot in Jeddah catches fire
Fire in oil storage facility in Jeddah The Houthi rebels in Yemen have claimed responsibility for airstrikes on Saudi Arabia. (Photo: dpa) Dubai The Houthi rebels in Yemen hit two…
Fuel depot in Jeddah catches fire
Fire in oil storage facility in Jeddah The Houthi rebels in Yemen have claimed responsibility for airstrikes on Saudi Arabia. (Photo: dpa) Dubai Before the Formula 1 race in Jeddah,…
These are the beneficiaries of the high energy prices
Shell oil tanks in Rotterdam Profits reach new highs. (Photo: IMAGO/ANP) Lausanne, Dusseldorf The energy price rally does not only produce losers. Where some pay more in view of record…
These are the beneficiaries of the high energy prices
Lausanne, Dusseldorf The energy price rally does not only produce losers. Where some pay more in view of record prices for gas, oil and coal, others take in more. Oil…
High oil price – oil company Saudi Aramco doubles profit
Saudi Arabia The Saudi oil company wants to produce more fossil energy. (Photo: REUTERS) riad Oil company Saudi Aramco more than doubled its profits last year thanks to the strong…
The Gulf States and their Proximity to Russia
Vladimir Putin Mohammed bin Salman The President of Russia and the Crown Prince of Saudi Arabia chat during the 2018 G20 Summit. (Photo: dpa) Berlin For decades, the Arab Gulf…