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…
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…
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…
Talisman Energy Inc , Canada's No. 5 independent oil and gas producer, said on Wednesday it still plans to sell all or a portion of its exploration properties in Iraq's Kurdistan region despite the conflict in the area and expects to begin a sale process in the next several weeks.
Talisman Energy Inc said on Wednesday it has been approached by Repsol , a day after a report that the Spanish oil producer was considering a bid for Canada's No. 5 oil company. Talisman, which has a market capitalization of nearly C$11 billion ($10.2 billion)…