Repsol’s Earnings Jump Fourfold Amid Soaring Oil And Gas Prices ...Middle East

Repsol’s net profit for the second quarter surged four times compared to the same period of 2021, thanks to much higher oil and gas prices following the Russian invasion of Ukraine, the Spanish energy firm, Europe’s first to pledge net-zero emissions by 2050, said on Thursday. Repsol reported today a net income of $2.152 billion (2.121 billion euro) for the second quarter of 2022, more than quadrupled from the $495 million (488 million euro) net profit booked for the same period of 2021 and beating analyst estimates. First-half…

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Repsol’s Earnings Jump Fourfold Amid Soaring Oil And Gas Prices ...Middle East

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