Tag: Raw materials policy
OPEC meeting: Saudi Arabia voluntarily cuts funding
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt Opec-plus is…
Saudi Arabia is making voluntary funding cuts
The United Arab Emirates Opec delegation In April, the oil cartel surprised with production cuts, now there is a dispute about which country should produce how much oil. (Photo: Reuters)…
Heating law is to go into parliament before the summer recess
Union calls for an end to uncertainty about heating plans In view of the violent dispute in the traffic light coalition about the planned heating law, the Union calls for…
Geywitz and Habeck want to collect energy data about every building by law
According to Chancellor Olaf Scholz, Germany must not become an import country for electricity. That is why, in view of the increasing demand for electricity, the rapid expansion of capacity…
Controversial heating law not in the Bundestag this week
According to Chancellor Olaf Scholz, Germany must not become an import country for electricity. That is why, in view of the increasing demand for electricity, the rapid expansion of capacity…
LNG terminals are connected to the grid in Mukran
Robert Habeck The Federal Minister of Economics wants to use the terminals to secure the supply of natural gas. (Photo: IMAGO/BildFunkMV) Berlin The Federal Ministry of Economics wants to install…
RWE wants to withdraw from the LNG terminal project on Rügen
Dusseldorf Since the beginning of the year, people have been taking to the streets on the otherwise peaceful Baltic Sea island of Rügen. They are protesting against two planned terminals…
Raw material deposits in international waters – Who is struggling for deep-sea mining
Berlin The Pacific island nation of Nauru has only around 11,000 inhabitants. But it could trigger an earthquake that would fundamentally change not only the sea, the largest ecosystem on…
Japan wants to subsidize raw materials for batteries
Graphite workers in China According to the International Energy Agency, the country also processes 70 percent of its graphite for anodes, the positively charged electrode of a battery. (Photo: The…
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…
Chile’s president wants to put lithium mining under state control
SQM mine Aerial view of brine pools slowly turning to lithium in the Atacama Desert of northern Chile. (Photo: dpa) Santiago The Chilean government wants to tighten control over the…
Storage operators consider gas shortages to be possible in cold winters
Scholz and Habeck defend Rügen LNG plans – Mukran in focus The federal government has defended plans for a liquefied natural gas terminal at the Rügen site. One cannot cope…
Turkey wants to become the European natural gas hub
Istanbul In Zonguldak, an inhospitable old industrial town on Turkey’s Black Sea coast, President Recep Tayyip Erdogan wants to win the election – with natural gas. In April, Turkey will…
Greece is expanding LNG infrastructure – but experts warn against overdoing it
LNG terminal on Revithoussa So far, all Greek LNG imports have gone through the country’s only terminal, but that is set to change as early as 2023. (Photo: DESFA) Athens…
Germany apparently continues to get Russian oil
PCK Schwedt The refinery in Brandenburg is essential for supplying East Germany with various products, especially gasoline and kerosene. (Photo: dpa) Berlin According to Handelsblatt information, oil from Russia is…
Scholz is pushing for a free trade agreement with Indonesia
Hanover With the words “Walk the talk”, Federal Chancellor Olaf Scholz promised in his opening speech at this year’s Hanover Fair that he would follow his words with deeds. “A…
Russia exports more crude oil than it has in three years
Diesel factory in a Russian oil field Almost three million barrels of Russian crude oil are exported to the Far East every day. (Photo: Reuters) Frankfurt According to the International…
5 reasons why Germany may run out of gas next winter
natural gas storage facility Since autumn 2022, Russia has completely stopped supplying gas to Germany. (Photo: dpa) Berlin A few months ago there was great fear that Germany would run…
Energy group OMV renews membership of the German-Russian Chamber of Commerce
OMV in Vienna The partially state-owned group is one of the largest oil and gas companies in Europe. (Photo: REUTERS) Dusseldorf Despite the Russian war of aggression against Ukraine, the…
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…