Tag: Saudi Arabia
High oil price – oil company Saudi Aramco doubles profit
Saudi Arabia The Saudi oil company wants to produce more fossil energy. (Photo: REUTERS) riad Oil company Saudi Aramco more than doubled its profits last year thanks to the strong…
The Gulf States and their Proximity to Russia
Vladimir Putin Mohammed bin Salman The President of Russia and the Crown Prince of Saudi Arabia chat during the 2018 G20 Summit. (Photo: dpa) Berlin For decades, the Arab Gulf…
Saudi Arabia executes 81 people in one day
death penalty In 2019, the kingdom executed 37 people in one day. (Photo: dpa) riad The Kingdom of Saudi Arabia says it executed 81 people in a single day. The…
Saudi Arabia is transferring part of its Aramco holdings to sovereign wealth funds
An Aramco oil refinery in Saudi Arabia With the sale of the Aramco shares, the country is to be reformed. (Photo: Reuters) riad Saudi Arabia has transferred a billion-dollar stake…
Saudis take over ESL Gaming for $1 billion
Computer players at an ESL tournament in Katowice in 2019 E-sport is no longer a niche, but has a wide reach. Munich Mega deal in the German gaming industry: The…
The oil diplomat supposed to appease the United States
Haitham al-Ghais The new OPEC General Secretary faces completely different challenges than his predecessor. (Photo: Getty Images) Zurich Haitham al-Ghais is expected to take on a delicate job in August:…
This is how investors benefit despite inflation and the energy crisis
Last year, the corona pandemic and the price war between Saudi Arabia and Russia pushed the US oil price below zero. Now the prices for oil and gas are setting…
The new rivalry between the Gulf States
The futuristic building has received three Guinness world records for the largest interactive light floor, the longest interactive water feature and the largest interactive digital LED mirror screen. Whether oil…
On the energy markets, Russia is the spider in the web
Wladimir Putin The Russian President is the spider in the global energy network. (Photo: dpa) All too often the cartel of the oil exporting countries, the OPEC, has been declared…
Can more oil ease Europe’s energy crisis?
Zurich Europe is groaning under the high energy prices – and no relief is to be expected from the gas markets: natural gas continued to rise in price on Monday.…