Norsk Hydro net rises 2.1%, lifted by lower tax rate

Article Abstract:

Second-quarter net profit for Norway's petroleum and aluminum company Norsk Hydro ASA rose by 2.1% to reach $1.04 bil, boosted by stable production and firm prices in the aluminum market, and by a lower tax rate. Revenue, however, dropped by 3.1% due in part by the Norwegian krone's appreciation against the US dollar.

Primary aluminum, Metal ores, not elsewhere classified, Norway, Aluminum industry, Norsk Hydro ASA, Financial report

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Repsol's net rises 8.2%, lifted by higher oil prices

Article Abstract:

Repsol-YPF S.A. of Argentina posted first quarter increases in net profit by 8.2 percent to 862 million Euros ($1.1 billion) from 797 million Euros last year. The petroleum company is concerned that declining oil reserves and production could be affected by the nationalization of the energy industry in Bolivia.

Argentina, Spain, Repsol-YPF S.A. (Buenos Aires, Argentina)

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Eni's net profit rises 22% on exploration division

Article Abstract:

Eni S.p.A. of Italy posted a soaring 22 percent rise in net profit for the first quarter to 2.97 billion Euros, up from 2.45 billion Euros last year. Revenues were buoyed by petroleum exploration and production units. The Nigerian political group that kidnapped three oil company workers has released them.

Italy, Nigeria, Eni S.p.A.

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