Tag: Oil production
Western oil companies are turning their backs on Nigeria
Woman in the Delta Valley An important reason for the increase in poverty in Nigeria: the income from the oil business has been misused for decades to subsidize petrol and…
Oil Production: The German Energy Dilemma
North Sea oil rig “Mittelplate” Wintershall Dea is the only significant German group that produces oil and gas. (Photo: Wintershall/Achim Multhaupt, Imago [M]) Dusseldorf If you want to visit Germany’s…
Output remains constant – no new dispute with G7 countries
oil pump The oil network Opec plus does not risk a new dispute with the G7 industrialized countries. (Photo: dpa) Zurich, Frankfurt The alliance of oil exporting countries, Opec plus,…
How a legendary chancellor became “Gerdgas”.
The SPD, on the other hand, is likely to find it more difficult to expel the prominent comrade in their party expulsion proceedings due next Monday. His blunder is to…
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…
Rosneft exit is the biggest break for BP since Deepwater Horizon
Bernard Looney The BP CEO wants to cut oil and gas production by 40 percent by 2030. (Photo: Bloomberg) London It is one of the greatest economic consequences of the…
Washington and the Strategic Oil Reserve – Handelsblatt Morning Briefing
the persistently high oil price gives the United States the idea of a rare self-defense measure. The Washington government is discussing tapping into the country’s strategic oil reserve. The depots…