Tag: Wintershall
Chemical group BASF also shuts down plants
BASF plant in Ludwigshafen The chemical company will probably shut down ammonia production here. (Photo: obs) Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs…
Chemical company also shuts down plants
BASF plant in Ludwigshafen The chemical company will probably shut down ammonia production here. (Photo: obs) Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs…
Chemical company also shuts down plants
Frankfurt, Dusseldorf The chemical group BASF wants to react to the high energy costs and falling margins with an extensive savings program. In addition to the savings of 500 million…
Germany’s largest gas importer Uniper has top staff
Uniper headquarters in Düsseldorf While Uniper has found an internal solution for the operational board, the group is probably looking externally for suitable candidates for the chairmanship. (Photo: AP) Dusseldorf,…
Germany’s largest gas importer Uniper has top staff
Dusseldorf, Frankfurt The Düsseldorf-based energy group Uniper is getting a new Chief Operating Officer (COO). From March 1st, Holger Kreetz will take over the position from the previous COO David…
Six cyclical stocks with potential in the Dax and MDax
Undervalued cyclical stocks in the Dax and MDax Economically sensitive companies in particular benefit from better economic forecasts. (Photo: AP, dpa, HeidelbergCement, Imago) Dusseldorf It is one of the most…
Five undervalued cyclical stocks with potential in the Dax and MDax
Undervalued cyclicals in the Dax and MDax Economically sensitive companies in particular benefit from better economic forecasts. (Photo: AP, dpa, HeidelbergCement, Imago) Dusseldorf It is one of the most spectacular…
Nationalized gas company wants to build German hydrogen network
gas pipeline A concept of nationalized Sefe snubs the private gas network operators (Photo: dpa) Berlin When it transpired at the beginning of December last year that Federal Minister of…
Nationalized gas company wants to build German hydrogen network
gas pipeline A concept of nationalized Sefe snubs the private gas network operators (Photo: dpa) Berlin When it transpired at the beginning of December last year that Federal Minister of…
Wintershall’s withdrawal from Russia opens up a painful financial gap
Frankfurt, Dusseldorf With a massive write-down totaling 7.3 billion euros, the BASF Group eliminated the Russian commitment of its subsidiary Wintershall Dea from its balance sheet at the end of…
The first hours of the new Secretary of Defense
Good morning dear readers, you have to be careful with military language images these days, but the term “thrown into battle” is really obvious in relation to our new defense…
BASF writes billions in losses because of Wintershall Dea’s withdrawal from Russia
BASF plant in Ludwigshafen In the ongoing business, too, things were rather poor for the chemical company in 2022. (Photo: AP) Dusseldorf After months of criticism of its involvement in…
BASF writes billions in losses because of Wintershall Dea’s withdrawal from Russia
BASF plant in Ludwigshafen In the ongoing business, too, things were rather poor for the chemical company in 2022. (Photo: AP) Dusseldorf The chemical group BASF surprisingly slipped into the…
These are the strategies of the energy companies
Berlin The record prices for electricity and gas have given many energy companies billions in profits. In particular, companies like BP and Equinor, which do their business with fossil fuels…
Why Henkel, Uniper & Co. are still around
Production at Volkswagen in Kaluga (archive image) Production has been at a standstill at the Kaluga plant since March. (Photo: Bloomberg/Getty Images) Frankfurt, Riga After the attack on Ukraine, a…
Why Henkel, Uniper & Co. are still around
Production at Volkswagen in Kaluga (archive image) Production has been at a standstill at the Kaluga plant since March. (Photo: Bloomberg/Getty Images) Frankfurt, Riga After the attack on Ukraine, a…
Oil Production: The German Energy Dilemma
North Sea oil rig “Mittelplate” Wintershall Dea is the only significant German group that produces oil and gas. (Photo: Wintershall/Achim Multhaupt, Imago [M]) Dusseldorf If you want to visit Germany’s…
Gazprom is to pay billions in damages
Uniper The gas trader goes before an international arbitration board. (Photo: Bloomberg) Frankfurt The energy company Uniper, which is about to be nationalized, wants to sue for damages in the…
Signs of relaxation: The editor-in-chief’s weekly review
Good morning dear readers, we are in an interesting situation. The doomsday scenarios were still dominating the headlines. All of a sudden, the signs of relaxation are multiplying. “The mood…
How the Russian campaign is wearing down the EU accession candidate Moldova
Nico Popescu The Foreign Minister of the Republic of Moldova studied in Moscow and Vienna Istanbul, Riga When a rocket hit Poland near the Ukrainian border on Tuesday, there were…