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Saturday, August 30, 2025

July 30, 2021

Eni pledges higher returns as business looks up- oil and gas 360

Eni pledges higher returns as business looks up

July 30, 2021

Reuters MILAN – Italian energy group Eni pledged higher shareholder returns after swinging to a net profit in the second quarter to beat expectations as firmer oil prices offset lower production. Adjusted net profit was 929 million euros ($1.1 billion), compared with a loss of 714 million euros in the year-earlier period, Eni said on Friday. The result beat an

Oil prices rises, on track for weekly gain- oil and gas 360

Oil prices rises, on track for weekly gain

July 30, 2021

Reuters LONDON -Oil prices rose on Friday and were on track to post weekly gains, with demand growing faster than supply, while vaccinations are expected to alleviate the impact of a resurgence in COVID-19 infections across the globe. Brent crude futures for September, which expire on Friday, rose 20 cents, or 0.3%, to $76.25 a barrel by 1338 GMT. The more

Fort Worth oil and gas firm backs new blank check company- oil and gas 360

Fort Worth oil and gas firm backs new blank check company

July 30, 2021

Dallas Business Journal A Fort Worth-based oil and gas mineral and royalty company announced it formed subsidiary Kimbell Tiger Acquisition Corporation, a new SPAC, to take an energy business public. The newly incorporated special purpose acquisition company will look to acquire or merge with an entity in the energy and natural resources industry, in line with its founders’ experience. The

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