Tag: Petroleum industry
US President threatens oil companies with excess profits tax
US President Joe Biden The US President is holding the energy companies accountable. (Photo: dpa) Washington Shortly before the midterm elections in the USA, US President Joe Biden brought the…
Exxon posts record profit of $19.7 billion — almost like Apple
Exxon gas station in New York At $112.07 billion, revenue was even twice as high as in the same period last year. (Photo: Reuters) new York The explosion in oil…
Strikes become a risk for Macron
strike in France A striking worker holds a Bengali light at the entrance to TotalEnergies’ oil depot. (Photo: dpa) Paris When the long queues at French gas stations were discussed,…
Russian oil company Rosneft is suing the Federal Republic of Germany
Refinery PCK Schwedt The site of the Russian oil company Rosneft is under German administration. This is now being legally challenged. (Photo: dpa) Berlin The Russian oil company Rosneft has…
Leak discovered at Druzhba pipeline in Poland
Druzhba pipeline The oil pipeline also supplies the eastern German refinery Schwedt. (Photo: dpa) Warsaw According to the Polish operator PERN, a leak has occurred on the Druzhba oil pipeline…
Leak discovered at Druzhba pipeline in Poland
Druzhba pipeline The oil pipeline also supplies the eastern German refinery Schwedt. (Photo: dpa) Warsaw According to the Polish operator PERN, a leak has occurred on the Druzhba oil pipeline…
Insiders expect significantly reduced funding rates from Opec+
Opec+ Oil exploration in North Dakota. (Photo: AFP) Dusseldorf Oil prices rose in early trade on Monday. Most recently, a barrel (159 liters) of North Sea Brent cost $87.26. That…
Arab oil company Adnoc reaches for commodity traders
refinery in Ingolstadt Commodity trader Gunvor also owns a refinery in Upper Bavaria. (Photo: dpa) Zurich A deal worth billions may be in the offing in the oil industry: According…
Oil prices are rising again – how investors can position themselves now
Oil field in California Oil companies from the USA are among the beneficiaries of high oil prices. (Photo: Reuters) Dusseldorf The price of oil rose significantly after Russian President Vladimir…
Schwedt refinery threatened with lack of oil: pipeline capacities are not sufficient
And Federal Minister of Economics Robert Habeck (Greens) summed up with satisfaction: “The location is secured.” The security of supply is guaranteed. The Federal Ministry of Economics put Rosneft Germany…
Scholz promises one billion euros
Economics Minister Robert Habeck, Federal Chancellor Olaf Scholz and Dietmar Woidke, Prime Minister of Brandenburg Scholz, Habeck and Woidke presented the support package for East Germany today. (Photo: dpa) Berlin…
Scholz commits one billion euros to East Germany
Economics Minister Robert Habeck, Federal Chancellor Olaf Scholz and Dietmar Woidke, Prime Minister of Brandenburg Scholz, Habeck and Woidke presented the support package for East Germany today. (Photo: dpa) Berlin…
Federal government puts refineries under trusteeship
Petroleum refinery PCK Schwedt The future of the plant is uncertain. (Photo: dpa) Berlin The federal government places Rosneft Germany, the majority owner of the refinery PCK Schwedt, under trusteeship…
Rosneft under trusteeship – rescue of refinery Schwedt open
Petroleum refinery PCK Schwedt The future of the plant is uncertain. (Photo: dpa) Berlin The federal government places Rosneft Germany, the majority owner of the refinery PCK Schwedt, under trusteeship…
Rosneft trust does not save Schwedt refinery yet
Petroleum refinery PCK Schwedt The future of the plant is uncertain. (Photo: dpa) Berlin The fact that the federal government wants to secure the continued existence of the refinery by…
Rosneft expropriation does not yet save the Schwedt refinery
Petroleum refinery PCK Schwedt The future of the plant is uncertain. (Photo: dpa) Berlin The fact that the federal government wants to secure the continued existence of the refinery by…
Shell gets new boss
Ben van Beurden The manager joined Shell in 1983 and became chairman in January 2014. (Photo: Reuters) London The British-Dutch energy group Shell will have a new boss at the…
Mineral oil companies earn even more at the end of the tank discount
Gas station in Munich Germany’s petroleum companies have made a lot of money from the tank discount. At the end probably even more. (Photo: dpa) Dusseldorf It was not just…
G7 finance ministers want to push through price caps on Russian oil
Oil terminal in Russia The sea transport of crude oil and petroleum products of Russian origin should only be possible worldwide if the oil was bought below a certain price.…
Tank discount ends: fuel prices rise significantly
High fuel prices Gasoline and diesel prices are well above two euros again. (Photo: dpa) Berlin The reduction in the energy tax on fuels, the so-called tank discount, which has…