Tag: oil
Oil prices continue to rise after OPEC decision
Oil field in Saudi Arabia Because of the war in Ukraine and Western sanctions against Russia, a large volume of Russian oil exports to parts of the world is threatening…
Fed Chair Powell calms stock markets, but oil prices continue to rise
New York, Tokyo Jerome Powell has once again brought some relief to the stock markets. At a congressional hearing on Wednesday, the head of the US Federal Reserve (Fed) signaled…
Fed Chair Powell calms stock markets, but oil prices continue to rise
new York Jerome Powell has once again brought some relief to the stock markets. At a congressional hearing on Wednesday, the head of the US Federal Reserve (Fed) signaled a…
Wintershall stops projects in Russia – Nord Stream 2 written off
Gas production by Wintershall In the Achimgaz joint venture, Wintershall and Gazprom produce natural gas in western Siberia. The BASF subsidiary wants to stay on site, but reduce activities. (Photo:…
These companies are shutting down their business with Russia
Dusseldorf The sanctions against Russia because of the Ukraine war have far-reaching economic consequences. Numerous companies have restricted their business in Russia, put it on hold or are withdrawing. This…
Russian oil finds no buyers – sanctions are working
Energy from Russia Buyers around the world are currently trying to buy oil from other countries. (Photo: Reuters) Dusseldorf The war in Ukraine, which Russia is waging with increasing severity,…
Wintershall stops projects in Russia – Nord Stream 2 written off
Gas production by Wintershall In the Achimgaz joint venture, Wintershall and Gazprom produce natural gas in western Siberia. The BASF subsidiary wants to stay on site, but reduce activities. (Photo:…
How the heat transition can work by 2035 – Wuppertal Institute presents a scenario
The building sector is one of the biggest energy guzzlers and climate sinners. A good 75 percent of residential buildings in Germany are equipped with oil or gas heating, and…
Joe Biden settles accounts with Putin – Handelsblatt Morning Briefing
far away was the ignominious flight of Americans from Afghanistan last night when Joe Biden gave his State of the Union address. The US President wanted something that was “amazing”…
Transit of Russian natural gas through Ukraine is at record levels
Gas pipeline in Ukraine In the days and weeks leading up to February 25, Russia had only partially used the booked transit capacity. (Photo: AP) Berlin Since the beginning of…
What stocks investors should watch out for
gas, oil and wind power Investors can benefit in a number of ways. Dusseldorf The war in Ukraine has had drastic consequences for the energy market: oil and gas prices…
Prices in Germany rise by 5.1 percent
Frankfurt The inflation rate in Germany continued to rise in February. Consumer prices increased by 5.1 percent, as the Federal Statistical Office announced on Tuesday based on an initial estimate.…
Prices in Germany rise by 5.1 percent
Expensive visit to the gas station The development of energy prices continues to drive inflation. (Photo: dpa) Frankfurt The inflation rate in Germany continued to rise in February. Consumer prices…
Nord Stream 2 AG lays off all employees
North Stream 2 The pipeline that was laid and completed through the Baltic Sea was supposed to bring Russian gas to Germany. (Photo: dpa) Geneva The operator of the Russian…
Putin, candidate for The Hague – Handelsblatt Morning Briefing
in The Hague before the International Criminal Court so far mainly suspects from Africa. You can be prosecuted for genocide, crimes against humanity, crimes of aggression and war crimes. Will…
Shell’s withdrawal from Gazprom puts pressure on German energy companies
Rosneft oil production near Nizhnevartovsk BP is putting its shares in the Russian group up for sale. (Photo: Bloomberg/Getty Images) Dusseldorf It is the largest withdrawal of a Western company…
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…
The consequences of the sanctions for the energy supply
Berlin. Demonstration in front of the Reichstag against Vladimir Putin’s war in Ukraine. (Photo: Getty Images) Berlin, Dusseldorf Europe is dependent on energy supplies from Russia. That makes sanctions a…
The consequences of the sanctions for the energy supply
Berlin. Demonstration in front of the Reichstag against Vladimir Putin’s war in Ukraine. (Photo: Getty Images) Berlin, Dusseldorf Europe is dependent on energy supplies from Russia. That makes sanctions a…
Europe makes itself strong – Handelsblatt Morning Briefing
For the philosopher Bertrand Russell, world history is “also the sum total of what could have been avoided”. However, that would require rational behavior – and not a form of…