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Venezuela's oil exports hit a 4-year peak on higher output, sales to US, India

Venezuela's oil exports hit a 4-year peak on higher output, sales to US, India By Marianna Parraga and Mircely Guanipa HOUSTON/MARACAY, Nov 1 (Reuters) - Venezuela's oil exports rose to a four-year high, approaching 950,000 barrels per day in October, boosted by growing crude output and more sales to India and the United States, according to shipping data and documents from state firm PDVSA.
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Barclays downgrades Repsol, says it 'can't fight the wider macro'

BUZZ-Barclays downgrades Repsol, says it 'can't fight the wider macro' ** Barclays downgrades Spanish oil company Repsol REP.MC to "equal weight" from "overweight" due to weaker refining margins and U.S. Henry Hub gas price weakness ** It says Repsol's strategy is the strongest it's been in over two decades, but that cannot offset the weaker refining margins and HH price that are likely to weigh on Repsol's earnings more than peers ** It notes Repsol's Q3 refining margin in Spain fell by more th
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Spanish stocks - Factors to watch on Nov 1

Spanish stocks - Factors to watch on Nov 1 Nov 1 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: INDRA IDR.MC Indra said on Thursday it completed acquisition of Deimos. PRISA PRS.MC Prisa said on Thursday it opened a second conversion period of notes issued in April, and, separately, that it had opened a fourth period of notes issued in February 2023. RE
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Hellofresh, Maersk, Scout24

EUROPE RESEARCH ROUNDUP-Hellofresh, Maersk, Scout24 Nov 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hellofresh, Maersk and Scout24 on Friday. HIGHLIGHTS * Hellofresh SE HFGG.DE : JP Morgan raises to overweight from neutral * Knorr Bremse AG KBX.DE : Exane BNP Paribas cuts to neutral from outperform * Maersk MAERSKb.CO : JP Morgan raises target price to DKK 9,000 from DKK 8,575 * Next Plc NXT.L : Citigroup raises target price
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Vopak expects clean energy investments to accelerate towards 2030, CEO says

Vopak expects clean energy investments to accelerate towards 2030, CEO says Spent less than $100 mln of the $1 bln pledged to invest by 2030 Projects slowed by lack of government mandates, higher costs Aims to capture bigger share of biofuels market By Florence Tan and Jeslyn Lerh SINGAPORE, Nov 1 (Reuters) - Global tank storage operator Vopak VOPA.AS has committed just a fraction of the $1 billion it allocated for energy transition projects by 2030 but expects investments to accelerate towards
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Shell starting arbitration hearings with Venture Global, says CEO

RPT-Shell starting arbitration hearings with Venture Global, says CEO Repeats story with slug line LONDON, Oct 31 - Shell SHEL.L is starting arbitration hearings over the supply of liquefied natural gas from Venture Global's Calcasieu Pass facility, Shell CEO Wael Sawan said on Thursday. Shell and other companies including BP, Galp and Repsol have launched contract arbitration cases in the United States and Europe over the status of the plant and their inability to obtain contract cargoes for mo
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Repsol targets renewables deals, seeks 'solution' for North Sea business

Repsol targets renewables deals, seeks 'solution' for North Sea business MADRID, Oct 31 (Reuters) - Spanish oil company Repsol REP.MC is working on more deals in its renewable operations in Spain and the United States while it also seeks a solution for its exploration and production businesses in the North Sea, Chief Executive Josu Jon Imaz said on Thursday.
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Repsol to pay at least 0.975 euros per share in dividend in 2025, CEO says

Repsol to pay at least 0.975 euros per share in dividend in 2025, CEO says MADRID, Oct 31 (Reuters) - Spanish oil company Repsol REP.MC plans to pay at least 0.975 euros per share in dividends in 2025, its Chief Executive Josu Jon Imaz said on Thursday. The company does not plan to carry out any new share buy back by the end of this year, he added during a conference call with analysts and investors.
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Repsol Sees 2024 Cash Flow From Operations At Around 6 Bln Euros

BRIEF-Repsol Sees 2024 Cash Flow From Operations At Around 6 Bln Euros Oct 31 (Reuters) - Repsol SA REP.MC : SEES FY 2024 CASH FLOW FROM OPERATIONS AT AROUND 6 BILLION EUROS SEES 2024 NET CAPEX OF AROUND 5.5 BILLION EUROS, 16-19 BILLION EUROS IN 2024-2027 SEES 2024 UPSTREAM PRODUCTION BETWEEN 570 - 600 KBOED Source text: ID:nCNM7htg83 Further compa
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Spanish stocks - Factors to watch on Oct 31

Spanish stocks - Factors to watch on Oct 31 Oct 31 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: CAIXABANK CABK.MC Spain's Caixabank said on Thursday its net profit rose 3% in the third quarter from the same period in 2023 thanks to lower provisions and still higher lending income.
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Repsol moves to soothe investors after collapsing refining margins hit profit

UPDATE 3-Repsol moves to soothe investors after collapsing refining margins hit profit Adds CEO comments, details throughout By Pietro Lombardi MADRID, Oct 31 (Reuters) - The CEO of Spanish oil company Repsol REP.MC on Thursday confirmed the group's outlook for shareholder payouts despite a near halving in third-quarter profit linked to a slump in oil refining margins.
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Repsol Says Its Strategic Priorities Remain Intact

BRIEF-Repsol Says Its Strategic Priorities Remain Intact Oct 31 (Reuters) - Repsol SA REP.MC : TO KEEP FOCUS ON DELIVERING ON CAPITAL ALLOCATION FRAMEWORK ANNOUNCED DURING 24-27 STRATEGIC UPDATE ITS STRATEGIC PRIORITIES REMAIN INTACT Source text: ID:nCNM5rQrh4 Further company coverage: REP.MC (Gdansk Newsroom)
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Repsol's Q3 adjusted net halves on sharp refining margins decline

Repsol's Q3 adjusted net halves on sharp refining margins decline MADRID, Oct 31 (Reuters) - Spain's Repsol REP.MC said on Thursday that third-quarter adjusted net profit fell around 50% as it was hit by a significant decline in oil refining margins. Quarterly adjusted net profit fell to 558 million euros ($605.71 million) from 1.1 billion euros a year earlier, slightly below a company-provided average forecast of 567 million euros.
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Repsol Says Q3 Adjusted Net Profit At 558 Mln Euros

BRIEF-Repsol Says Q3 Adjusted Net Profit At 558 Mln Euros Oct 31 (Reuters) - Repsol SA REP.MC : INTERIM DIVIDEND TO BE PAID IN JANUARY: 0.475 EUROS PER SHARE Q3 ADJUSTED NET PROFIT 558 MILLION EUROS Q3 REPORTED NET PROFIT 166 MILLION EUROS Source text for Workspace: nCNM5rQrh4 Further company coverage: REP.MC (Gdansk Newsroom)
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Spain's Repsol hikes interim dividend 19% to 0.475 euros per share

CORRECTED-Spain's Repsol hikes interim dividend 19% to 0.475 euros per share Corrects dividend increase in headline and paragraph 1 to 19%, not 5.6%, and paragraph 2 to show a 2023 interim dividend of 0.40 euros, not 0.45 euros MADRID, Oct 31 (Reuters) - Spain's Repsol REP.MC said on Thursday that it would increase by 19% the interim dividend it pays in January.
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US Gulf of Maine offshore wind auction poses test for beleaguered industry

US Gulf of Maine offshore wind auction poses test for beleaguered industry By Nichola Groom Oct 29 (Reuters) - President Joe Biden's administration on Tuesday will kick off a sale of offshore wind development rights for eight areas off the coasts of northern New England, a key test of industry appetite for new investment after a year of high-profile setbacks.
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Spanish stocks - Factors to watch on Oct 29

Spanish stocks - Factors to watch on Oct 29 Oct 29 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tuesda y . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SANTANDER SAN.MC Spain's Santander SAN.MC on Tuesday said its third-quarter net profit rose 12% year-on-year following a solid performance at its main retail business and lower loan loss provisions.
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Mitsui & Co: Joint Venture With Repsol, Carbonvert Signed Lease Contracts With Texas General Land Office For Offshore Carbon Storage Project

BRIEF-Mitsui & Co: Joint Venture With Repsol, Carbonvert Signed Lease Contracts With Texas General Land Office For Offshore Carbon Storage Project Oct 29 (Reuters) - Mitsui & Co Ltd 8031.T : MITSUI & CO: JOINT VENTURE WITH REPSOL, CARBONVERT SIGNED LEASE CONTRACTS WITH TEXAS GENERAL LAND OFFICE FOR OFFSHORE CARBON STORAGE PROJECT Source text: http
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Middle East Crude-Dubai falls, Murban at 2.5-month low

Middle East Crude-Dubai falls, Murban at 2.5-month low SINGAPORE, Oct 25 (Reuters) - Middle East crude benchmark premium for Dubai fell to a close to two month low on Friday, while that for Murban plunged to the lowest since early August. Oman's energy ministry issued a tender earlier this week and sold 1 million barrels of November-loading Oman crude to Unipec, trader sources said.
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Cepsa to delay $3.3 bln hydrogen projects if Spain's windfall tax made permanent

Cepsa to delay $3.3 bln hydrogen projects if Spain's windfall tax made permanent MADRID, Oct 25 (Reuters) - Spain's second-largest oil company Cepsa said on Friday it would delay investments worth 3 billion euros ($3.25 billion) in green hydrogen it had planned in the country's south if a temporary windfall tax on energy firms becomes permanent. Oil companies have been among the most vocal critics of Spain's windfall tax, which has also drawn criticism from utility companies such as Endesa .
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