Adjusted Q2 net profit 390 mln eur versus 296 mln forecast; refining margins up 19.2 percent, output down 5.8 pct. Shares up 1.8 percent, in line with market. Cash-rich Spanish oil company Repsol beat quarterly profit forecasts as a jump in…
Adjusted Q2 net profit 390 mln eur versus 296 mln forecast; Refining margins up 19.2 percent, output down 5.8 pct; Shares up 1.8 percent, in line with market Cash-rich Spanish oil company Repsol beat quarterly profit forecasts as a jump in its…
Talisman Energy Inc, Canada's fifth-largest independent petroleum producer, reported a surprise loss, hurt by lower gas prices in North America and higher royalty payments on production. The company, which was approached by Spain's Repsol SA last week for talks over a potential deal…
Spain's Repsol will return cash to shareholders if it fails to identify a company or assets that meets its acquisition goals, Chief Financial Officer Miguel Martinez said on a conference call on Thursday. Repsol has been searching for acquisitions…
Statoil ASA (STO, STL.OS), which built its oil and gas expertise in Norway's offshore waters, is stretching its land legs in the U.S., where it seeks to partake of the shale bounty. Like many international oil and gas companies, Norway's Statoil…