Eni Presses Ahead with Gas Hunt for Europe as Profits Soar

Signed deals in Algeria, Angola, Egypt, Congo Republic Q1 adj profit jumps 12 times on oil and gas prices Confirms plans to list renewables unit this year MILAN, April 29 Reuters Eni will press ahead with plans to find alternative gas supplies following Russia39;s invasion of Ukraine after firstquarter profits soared above expectations on booming prices. […]
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PetroChina Q1 Profit up 41 on Higher Oil Prices

April 29 Reuters PetroChina reported on Friday a 41 rise in firstquarter net income to 39.1 billion yuan 5.9 billion, its best quarterly outturn since September 2020, helped by stronger oil and gas prices amid slower growth in refining. Asia39;s biggest oil and gas producer said in a filing to the Hong Kong Stock Exchange that […]
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Emerging Markets Help Spanish Bank BBVA Top Forecasts

Q1 net profit 1.65 bln euros, above market forecasts Mexico39;s net profit rises 59; Turkey up 31 Overall net interest income is up 20.5 yy Capital ends March at 12.7 vs 12.75 in December MADRID, April 29 Reuters Spanish bank BBVA beat forecasts on Friday with a 36.4 yearonyear rise in first quarter net profit, driven […]
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Swiss National Bank Posts 34B Loss as Bond Losses Bite

ZURICH, April 28 Reuters The Swiss National Bank reported a first quarter loss of 32.8 billion Swiss francs 33.75 billion, the central bank said on Thursday, as lower bond prices and the higher franc dented the value of its foreign currency investments. The bank made a loss of 36.8 billion francs from its foreign currency […]
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German Inflation Rises Slightly more than Expected in April

BERLIN, April 28 Reuters German annual inflation rose slightly more than expected in April due to rising energy prices and delivery bottlenecks caused by supply chain interruptions, preliminary data showed on Thursday. Consumer prices, harmonised to make them comparable with inflation data from other European Union countries HICP, rose 7.8 on the year after 7.6 […]
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