News Formal

Repsol Doubles Q2 Earnings on Higher Oil Prices

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 25 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 68%

Repsol ニュース

Net Income,Oil Prices,Gas Prices

Repsol reported a significant increase in net income for the second quarter, driven by higher oil prices, despite lower gas realizations and weaker refining margins.

Spanish energy giant Repsol more than doubled its second-quarter net income from a year earlier as higher oil prices offset lower gas realizations and weak refining margins. Repsol reported a net income of $713 million 657 million euros for the second quarter this year, more than double compared to $334 million 308 million euros for the same period of 2023.

Commenting on the second-quarter and first-quarter results, Repsol said “The results for the first half of 2024 came against a backdrop of recovering crude oil prices, low gas and electricity prices, slowing refining margins and very low margins at the Chemicals business.” Repsol also reported for the first half of 2024 lower earnings in its Industrial division, due to lower margins at the refining and oil and gas trading businesses and poor market conditions for the Chemicals segment.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 34. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Exxon Sees Higher Oil Prices Raising Upstream EarningsExxonMobil expects its upstream earnings to be up to $700 million higher for the second quarter compared to the first quarter of the year
ソース: OilandEnergy - 🏆 34. / 68 続きを読む »

Repsol Discusses Merging UK North Sea Business With NEO EnergyRepsol has been in discussions to merge its UK North Sea operations with NEO Energy in what could be another consolidation offshore the UK.
ソース: OilandEnergy - 🏆 34. / 68 続きを読む »