Spanish energy group Repsol reported on Thursday a 14% lower net income for January to September, due to lower crude oil and gas prices than in the year-ago period, while it strengthened its renewable energy portfolio. Repsol’s net income for the first nine months of 2023 was $2.93 billion (2.785 billion euros), down by 14% year-on-year. Adjusted income, which specifically measures the performance of the businesses, was fell by 19% to $4 billion (3.816 billion euros), with a lower decline than the drop in oil and natural gas prices…
Hence then, the article about repsol boosts renewables business as lower oil prices drag profits down was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Repsol Boosts Renewables Business As Lower Oil Prices Drag Profits Down )