Eni Q2 profits fall on Libya disruption


Eni's Q2 results were affected by the disruption to the company’s oil and gas operations in Libya. Net profit for the second quarter was US$1.78 billion a decrease of 31 per cent compared with the second quarter of 2010.

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Chevron sees Q2 earnings increase


Chevron reported second quarter net income of US$7.7 billion, up from US$5.4 billion in second quarter 2010 on the back of higher crude oil prices.

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ConocoPhillips Q2 profits hit US$3.4 billion


ConocoPhillips posted second-quarter earnings of US$3.4 billion which was an 18 per cent drop on last year's Q2 2010 profits of US$4.2 billion.

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Petrotechnics pushing for regional growth


Petrotechnics has opened a new office in Saudi Arabia that will help the company grow its regional presence and enable it to bring its IT solutions to a wider audience.

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Occidental see Q2 profits jump 17 per cent


Occidental Petroleum Corporation (OXY) announced higher quarterly profits of $1.8 billion for the Q2 of 2011, compared with US$1.1 billion for Q2 in 2010, on the back of higher crude oil prices.

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