Tag: Exxon
US oil giant Exxon increases quarterly profit sharply
Exxon gas station in Brooklyn, New York City Exxon’s sales shrank by around four percent to $86.6 billion. (Photo: Reuters) new York The big US oil companies Exxon Mobil and…
Venezuela’s oil industry is on the brink of collapse – but there is hope
Oil production in Venezuela The government of the dictator Nicolás Maduro enriches itself from the country’s oil industry. (Photo: dpa) Paraguana Glenda Galvis Colmenares is always amazed when she looks…
US stock exchanges close slightly in the black – job data have no subsequent effects
new York Investors on Wall Street started the new trading week cautiously. The leading indices Dow Jones and S&P 500 closed on Easter Monday little changed at 33,586 (plus 0.3…
Wall Street starts off with losses as investors process new job data
new York Investors on Wall Street start the new stock market week cautiously. The leading indices Dow Jones and S&P 500 were hardly changed on Easter Monday at 33,541 and…
Wall Street starts off with losses as investors process new job data
new York Investors on Wall Street start the new stock market week cautiously. The leading indices Dow Jones and S&P 500 lose 0.3 and 0.7 percent respectively in early trading…
How to diversify your portfolio with commodity ETFs
oil pump Commodities are considered a volatile financial and investment product by investment analysts. (Photo: AP) Dusseldorf The price of oil is currently making a comeback. After trending down for…
Opec aftermath pushes Wall Street into the red
Frankfurt Rekindled fears of a recession after the latest US economic data pushed Wall Street into the red on Tuesday. The Dow Jones index of standard values fell 0.7 percent…
How US LNG exports to Europe have doubled
Sabine Pass, Houston “LNG” is written in large white letters on the 300 meter long blue tanker with its four thick white containers on the deck, which is slowly disappearing…
How US LNG exports to Europe have doubled
Sabine Pass, Houston “LNG” is written in large white letters on the 300 meter long blue tanker with its four thick white containers on the deck, which is slowly disappearing…
The LNG boom is revitalizing the US Gulf Coast
Sabine Pass, Houston “LNG” is written in large white letters on the 300 meter long blue tanker with its four thick white containers on the deck, which is slowly disappearing…
Who benefits from e-fuels
Auto supplier Mahle Pistons are no longer needed for electric cars. (Photo: picture alliance / dpa) Düsseldorf, Brussels, Munich At the end of February, the mood in Baden-Baden was euphoric.…
161 billion dollars – record profit for the world’s largest oil company Saudi Aramco
Oil field in Saudi Arabia Saudi Aramco wants to become cleaner in the future and invest in green hydrogen. (Photo: Reuters) Berlin Saudi Aramco reported a record profit for the…
Who benefits from e-fuels
Auto supplier Mahle Pistons are no longer needed for electric cars. (Photo: picture alliance / dpa) Düsseldorf, Brussels, Munich At the end of February, the mood in Baden-Baden was euphoric.…
US energy industry discusses hydrogen and CO2 storage
DAC facility In Ector County, Texas, Oxy is building the world’s largest DAC plant together with the Canadian start-up Carbon Engineering in the joint venture “1Point Five”. (Photo: Oxy) new…
Corporations are buying their own stock for a trillion dollars
share buybacks Apple (middle) has bought back the most shares in the past year. Among the Dax companies, Linde (right) was the front runner. Mercedes also recently announced a multi-billion…
Corporations are buying their own stock for a trillion dollars
share buybacks Apple (middle) has bought back the most shares in the past year. Among the Dax companies, Linde (right) was the front runner. Mercedes also recently announced a multi-billion…
The new stock trend: Cheaper is better
bull and bear The so-called bulls rely on rising prices on the stock market (Photo: Getty Images) Frankfurt It’s been a pretty dreary start to the new week for tech…
Activist US funds are increasing the pressure again
burning day The hedge fund Engine Capital is calling for the trade in specialty chemical products to be separated from bulk chemical distribution. (Photo: Brenntag AG) Dusseldorf, New York Activist…
Wall Street closes inconsistently as interest rate fears put tech stocks under pressure
new York The US stock exchanges were mixed at the end of the week. While an unexpectedly sharp rise in consumer sentiment lifted sentiment in the Dow Jones index, US…
Exxon, Shell & Co. are holding back on green investments
Dusseldorf Never in their history have the big oil companies made as much money as they did last year: Exxon Mobil, Chevron, Shell, BP, Equinor and Total Energies made a…