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Hibiscus Petroleum on a roll

HIBISCUS Petroleum Bhd is clearly riding nicely on the upcycle of oil prices. On Thursday it posted a second-quarter profit that beat analysts’ expectations. And as Maybank Investment Bank (Maybank IB) Research points out, the profits have yet to take into account earnings from the recently completed acquisition of assets from Spain’s Repsol. ....

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Repsol Posts FY21 Net Income Of EUR 2.499 Bln; Lifts Dividend

MADRID (dpa-AFX) - Spanish oil major Repsol S.A. (REPYY.PK) on Thursday reported that its fiscal 2021 net income was 2.499 billion euros.Adjusted net income, which specifically measures business ....

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Repsol Marcellus Gas to Feed Plaquemines LNG Exports in La.

Spanish oil and gas company Repsol, with major assets in the northeast Pennsylvania Marcellus, has signed a deal to provide. Continue reading ....

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44 New Shale Well Permits Issued for PA-OH-WV Feb 7-13 | Marcellus Drilling News

Last week the number of new shale permits issued for the three M-U states more than doubled from the previous. Continue reading ....

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Peru Vows to Make Refinery Pay for Oil Spill After Tonga Volcano Eruption

A leak at a refinery tarred miles of Pacific Coast beaches. The company blames waves caused by a distant volcano eruption, but the Peruvian government has vowed to “defend the sea.” ....

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