FILE PHOTO: The logo of German energy utility company Uniper SE is pictured in the company's headquarters in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen
FRANKFURT - German utility Uniper on Tuesday said its adjusted operating profit more than doubled to 691 million euros in the first half, mainly driven by its gas business and capacity market payments in Britain. The group also said that its Russian plant Berezovskaya 3, which is being repaired following a fire in early 2016, was now expected to restart in the first half of 2021. It previously said the plant would re-enter service at the end of 2020.
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Saudi Aramco's profit plunges 73.4%, sees signs of oil market recoverySaudi state oil group Aramco on Sunday reported a 73.4% fall in second-quarter net profit, a steeper drop than analysts had forecast, and said it expected capital expenditure for 2020 to be at the lower end of a $25 billion to $30 billion range. Yes - a start to the fall.
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