Tag: oil
BP sells shares in Russian Rosneft
bp The British energy company is taking a drastic step. (Photo: REUTERS) Dusseldorf On Sunday evening, the British oil giant BP made a decision that will cost it billions: the…
Russia is surprisingly delivering more gas to Europe
Natural gas transit point in Ukraine Despite the massive price spikes, Moscow has not been supplying more gas than contractually agreed for a good year. (Photo: dpa) Dusseldorf The fear…
Russia deals put energy companies under pressure
Oil production at Wintershall Dea The company is regarded as the most important German partner of the Russian state-owned company Gazprom. (Photo: Wintershall Dea) Dusseldorf The Kassel-based company Wintershall Dea…
Sharp increase after Russia’s attack on Ukraine
Dusseldorf Energy markets reacted violently to Russia’s attack on Ukraine on Thursday. On the gas market in particular, prices skyrocketed, driven by growing fears of a further shortage in supply…
Sharp increase after Russia’s attack on Ukraine
Dusseldorf Energy markets reacted violently to Russia’s attack on Ukraine on Thursday. On the gas market in particular, prices have skyrocketed, driven by growing fears of a further shortage in…
Sharp increase after attack on Ukraine
Dusseldorf Energy markets reacted violently to Russia’s attack on Ukraine on Thursday. On the gas market in particular, prices have skyrocketed, driven by growing fears of a further shortage in…
Sharp increase after attack on Ukraine
Pipe system for heating gas At the moment, storage facilities in Europe are just over 30 percent full. (Photo: dpa) Dusseldorf Energy markets reacted violently to Russia’s attack on Ukraine…
Nord Stream 2: Wintershall Dea expects compensation
Wintershall deep pumps The Russian business contributed 19 percent to the company’s operating profit (Ebitda). (Photo: dpa) Dusseldorf The escalation of the Ukraine crisis is putting the oil and gas…
Bitcoin Falls While Gold and Oil Rise! When Will Operation Russia End?
With Putin’s order for the operation in the morning, the Russian army entered Ukraine. Latest Status Russia announced that Ukraine’s air defense system was destroyed. Putin issued a message to…
Authorities demand a concept for the dismantling of the Baltic Sea pipeline
Tubes for Nord Stream 2 construction Berlin If the Baltic Sea pipeline Nord Stream 2 were not put into operation for a long time, the operators would have to develop…
Family entrepreneur Ulrich Bettermann: “I don’t understand Putin”
Ulrich Bettermann The family entrepreneur is concerned about energy security in Germany. (Photo: Julia Sellmann/laif) Dusseldorf In the Ukraine crisis, family entrepreneur Ulrich Bettermann is concerned about energy security in…
Industry fears price shock due to Ukraine crisis
natural gas More and more industrial companies are worried that the gas supply could be interrupted. (Photo: dpa) Dusseldorf, Berlin, Zurich Russia’s threatening backdrop is in place: The gas price…
Stock markets in Asia slide – oil prices break the $100 mark for the first time since 2014
Tokyo Stock Exchange The mood on the Asian stock exchanges is tense. (Photo: dpa) Tokyo The escalations in the Ukraine crisis are also causing upheavals on the international financial markets.…
Is the energy price crisis now threatening to worsen?
Dusseldorf Chancellor Olaf Scholz (SPD) has stopped the approval process for the controversial Nord Stream 2 pipeline. It was in response to Russian President Vladimir Putin’s breach of international law,…
That’s how important Ukrainian pipelines are for Russian gas supplies
Gas pipeline in Ukraine The total capacity of the pipelines to Europe is significantly higher than the annual gas imports. (Photo: dpa) Dusseldorf The recent escalation in the Ukraine crisis…
Asian markets are reacting “quite mutedly” to sanctions
New York, Tokyo The escalation in the Ukraine crisis also weighed on the American stock markets on Tuesday. All three major indices each lost more than one percent. The broad…
Worries about the Ukraine crisis trigger a correction in the S&P 500
Specialist Stephen Naughton at his workplace on New York’s Wall Street The Ukraine crisis is also having a negative impact on the US stock markets. (Photo: AP) new York The…
Putin is driving commodity prices higher
Gas pipeline in Poland Concerns about a shortage of gas, oil and wheat from Russia are growing. (Photo: dpa) Zurich Russia’s decision to move troops to eastern Ukraine caused price…
Escalation of the Ukraine crisis drives up oil prices and depresses the ruble – Asian stock exchange starts with losses
Markets Asia Sentiment in Tokyo is tense in early trade. (Photo: AP) New York, Tokyo After the latest developments in the Ukraine crisis, there were turmoil, particularly on the commodity…
Escalation of the Ukraine crisis drives up oil prices and depresses the ruble – Asian stock exchange starts with losses
In the evening, Putin’s decisions drove the price of oil in particular higher. A barrel of Baltic Brent cost around 3.4 percent more in the evening and was quoted at…