(MENAFN) The first three months of the year witnessed an increase in Spanish oil and gas company Repsol's net profit by 1.6 percent due to production enhancement, reported AP.
The total profit for the three months is USD828 million, beating last year's same period by USD14 million.
Another increase occurred in oil production by 11.4 percent, bringing it to 360,300 barrels per day.
Repsol's refining margins in Spain is worth USD3.9, showing an increase of 30 percent.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.