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MOSCOW, Feb 11 (Reuters) - Russian energy giant Rosneft on Friday reported a sixfold increase in net income last year to a record-high of 883 billion roubles ($11.7 billion) thanks to a recovery in fuel demand that had been hit significantly ...
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(Adds details, quotes)CAPE TOWN, Feb 10 (Reuters) - South Africa's largest refinery, SAPREF, a 50/50 joint venture between oil majors BP and Shell will pause operations indefinitely from March 22 as its owners consider selling the plant.Situated i...
Read moreCAPE TOWN, Feb 10 (Reuters) - South Africa's largest SAPREF refinery, a 50/50 joint between oil majors BP and Shell will pause operations indefinitely from March 22 as they consider selling the plant. (Reporting by Wendell Roelf; Editing by Emma ...
Read moreMOSCOW, Feb 10 (Reuters) - Oil output at the BP-led Azeri–Chirag–Gunashli project in Azerbaijan in 2021 fell 4.6% to 22.8 million tonnes, Russia's Interfax news agency reported on Thursday citing the British firm's local arm. (Reporting by Anton ...
Read more* Set to increase dividend by around 13% to $1 par share* FY EBITDA of $931 mln versus $927 mln estimate* FY net profit of $126 mln versus $97 mln estimate (Adds share move, quotes and analyst comment)By Juliette Portala and Olivier SorghoFeb 10 (Re...
Read moreBy Ron Bousso and Nerijus AdomaitisLONDON, Feb 9 (Reuters) - Consumers should brace for years of high energy prices, heads of top oil and gas companies said, in what would pile pressure on governments struggling with spiralling inflation.Oil and g...
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(Sharecast News) - Analysts at JP Morgan reiterated their 'overweight' stance on shares of BP hailing the outfit's ability to deliver sector-leading total shareholder returns and positive 'skew' to consensus estimates for the company's earnings going forwards.
Read moreLONDON BROKER RATINGS: Barclays downgrades Chemring and boohoo
Read more(Adds detail)By Nerijus AdomaitisOSLO, Feb 9 (Reuters) - Norway's Equinor posted record pretax profits for the fourth quarter on Wednesday, driven by a boom in oil and gas prices and said it will raise its dividend and increase share buybacks.Adju...
Read more(Adds detail, quote)By Nerijus AdomaitisOSLO, Feb 9 (Reuters) - Norway's Equinor posted record pretax profits for the fourth quarter on Wednesday, driven by a boom in oil and gas prices and said it will raise its dividend and increase share buybac...
Read moreOSLO, Feb 9 (Reuters) - Norway's Equinor posted record pretax profits for the fourth quarter on Wednesday, driven by a boom in oil and gas prices and said it will raise its dividend and increase share buybacks.Adjusted earnings before tax rose to ...
Read moreLONDON MARKET CLOSE: FTSE lags peers as Ocado and oil majors fall
Read more(Adds Wall Street figures, analyst comment)* U.S. shares up, European stocks down* Oil cools after hitting $94 a barrel* BP reports $12.8 profit after oil and gas price surgeBy Chris Prentice and Marc JonesWASHINGTON/LONDON, Feb 8 (Reuters) - Major U...
Read more* Wall Street expected to start mixed amid rising rate pressures* Earnings in focus, Arm sale collapses* Oil cools after hitting $94 a barrel* BP reports $12.8 profit after oil and gas price surgeBy Marc JonesLONDON, Feb 8 (Reuters) - Stock markets ...
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