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It was a drama with an announcement. Given the sharp drop in demand for fossil fuels, it was foreseeable that 2020 would be an annus horribilis for integrated oil and …
Read moreRecord losses for “Big Oil” | Company raw materials
Jakarta, CNBC Indonesia – PT Pertamina (Persero) recorded a profit of above US $ 1 billion or around Rp.14 trillion in 2020 despite facing this triple shocks because of the …
Read moreTop! Exxon-BP Loss, Pertamina Profits Rp.14 T in 2020
The corona crisis hit the energy company BP hard: The oil price has fallen sharply. As a result, the company has to accept billions in losses. The British Energy company …
Dhe Netherlands are examining the re-entry into nuclear energy on a large scale. In the view of Prime Minister Mark Rutte’s ruling party VVD, nuclear power must play a role …
Read moreEnergy: Netherlands plan to return to nuclear power – Germany under pressure
At the petrol pump Motorists should not expect money from the gas station attendant, even with negative oil future prices. (Photo: AFP) Frankfurt, Dusseldorf For the first time, oil prices …
Saudi Aramco The company recently flooded the world market with cheap oil. (Photo: imago images / ITAR-TASS) Berlin Saudi Aramco shares are supported by new hopes of an agreement in …
Frankfurt, Vienna The corona pandemic poses new challenges for the most prominent oil diplomats. Fatih Birol usually meets as energy minister of oil producers and importers as head of the …
Read moreIEA chief Barol sees oil market in deepest crisis for 100 years
Berlin In the Cold War, Saudi Arabia did what it repeats on the economic battlefield today: the country is flooding the oil market. But one thing was different at the …
Read moreTrump becomes a mediator and climate saver in the oil price war
Oil production h The situation in the corona crisis worsens every day. (Photo: dpa) There is still no end in sight to the global corona pandemic. This also affects the …
Read moreA massive wave of consolidation threatens in the oil industry
Frankfurt In the corona crisis, stocks on the stock exchanges got under the wheels within a few days, book values in the trillions vanished into thin air. The price losses …
Read moreCorona virus crisis: hedge funds sense their opportunity