Tag: Saudi Arabia
Xi Jinping visits Saudi Arabia – China wants to oust the USA from the Middle East
Xi Jinping in Riyadh The Chinese head of state will stay in Saudi Arabia for a total of three days. (Photo: VIA REUTERS) Tel Aviv When two people argue, the…
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,…
Hackers steal important data from Continental
Good morning dear readers, What is a terrible nightmare for tens of thousands of company bosses (and at least as many IT managers) became a reality at Continental: Last week,…
German economist demands compensation from OPEC
But the plan didn’t work: the Saudis did the exact opposite. A few weeks ago, they pushed through a production cut in the OPEC cartel, the oil price rose and…
That could mean a US break with the Saudis for the world
Joe Biden and Mohammed bin Salman The US President had announced that he would reconsider relations with Saudi Arabia. (Photo: VIA REUTERS) Frankfurt, Berlin, New York It was only in…
Red card from the UN against Russia
there are two worlds when it comes to Ukraine and Vladimir Putin. One consists of appeals for appeasement and hope for the old energy world, the other of the struggle…
That could mean a US break with the Saudis for the world
Joe Biden and Mohammed bin Salman The US President had announced that he would reconsider relations with Saudi Arabia. (Photo: VIA REUTERS) Frankfurt, Berlin, New York It was only in…
Opec decision is likely to make gasoline and heating oil more expensive – and fuel inflation
Dusseldorf The oil alliance OPEC plus wants to produce up to two million barrels less per day from November. The decision was made at a meeting in Vienna on Wednesday,…
Opec shows its true face
Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, is sensitive to being labeled as the leader of a cartel. Rather, he sees himself as the central banker of the oil…
Opec shows its true face
Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, is sensitive to being labeled as the leader of a cartel. Rather, he sees himself as the central banker of the oil…
Scholz wants closer energy cooperation with the Emirates
Jeddah/Abu Dhabi In the meantime, Chancellor Olaf Scholz wants to push ahead with cooperation with the United Arab Emirates in the energy sector. “A whole series” of diesel and liquid…
“All questions discussed”: Scholz meets Saudi crown prince
Olaf Scholz and Mohammed bin Salman The Chancellor and the Saudi Crown Prince greet each other with a handshake. The meeting is seen as a sign of a certain normalization.…
“All questions discussed”: Scholz meets Saudi crown prince
Olaf Scholz and Mohammed bin Salman The Chancellor and the Saudi Crown Prince greet each other with a handshake. The meeting is seen as a sign of a certain normalization.…
This is how Saudi Arabia is planning the desert city made of glass
Project image The Line This is how the Saudi Arabian Crown Prince imagines the city of the future: The mirrored building runs through the landscape like a line. Munich The…
Renault is exploring partnerships with Geely and Aramco for combustion engines
arcana Renault plans to sell part of its combustion engine activities. (Photo: Reuters) Paris Renault apparently has two partners from China and Saudi Arabia in mind for the planned spin-off…
Saudi Aramco reports quarterly profit of 47 billion euros
Saudi Aramco gas plant in Hawiyah The oil and gas company Saudi Aramco increased its net profit by 90 percent. (Photo: AP) Dubai Rising energy prices around the world are…
What did the first meeting bring?
US President Joe Biden and Crown Prince Mohammed bin Salman There are two versions of the first encounter between Biden and the crown prince. (Photo: Reuters) Tel Aviv With his…
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…
The Saudi crown prince goes on the offensive on Biden
Tel Aviv With his trip to Saudi Arabia, US President Joe Biden wanted to improve relations with the country. It should be encouraged to produce more oil in order to…
The Saudi crown prince goes on the offensive on Biden
Tel Aviv With his trip to Saudi Arabia, US President Joe Biden wanted to improve relations with the country. It should be encouraged to produce more oil in order to…