Edition:
India

Arunima Kumar

HollyFrontier posts smaller-than-expected loss as fuel demand recovers

05 Nov 2020

U.S. refiner HollyFrontier Corp on Thursday posted a smaller-than-expected quarterly loss on the back of cost cuts and a recovery in fuel prices.

UPDATE 3-Phillips 66 posts third straight loss as pandemic destroys fuel demand

31 Oct 2020

Oct 30 Phillips 66 reported its third straight quarterly loss on Friday, hit by the COVID-19 pandemic that has destroyed fuel demand and knocked roughly 3.4 million barrels per day of refining capacity off the market worldwide.

Cenovus Energy CEO 'not worried' about Husky deal approval as results disappoint

29 Oct 2020

The chief executive of Cenovus Energy said he is confident shareholders will approve its acquisition of rival Husky Energy, despite big quarterly losses and a stock sell-off.

Bunge raises 2020 outlook as quarterly profit nearly doubles, shares jump

28 Oct 2020

Agricultural commodities trader Bunge Ltd raised its 2020 outlook after reporting a 91% jump in adjusted third-quarter profit on Wednesday as strong soy processing margins and robust demand for soy products boosted its core agribusiness segment.

UPDATE 3-Bunge raises 2020 outlook as quarterly profit nearly doubles, shares jump

28 Oct 2020

Oct 28 Agricultural commodities trader Bunge Ltd raised its 2020 outlook after reporting a 91% jump in adjusted third-quarter profit on Wednesday as strong soy processing margins and robust demand for soy products boosted its core agribusiness segment.

ConocoPhillips to buy Concho Resources for $9.7 billion in 2020's top shale deal

20 Oct 2020

ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector consolidates further on the back of lower fuel prices and demand.

CORRECTED-UPDATE 3-ConocoPhillips to buy Concho Resources for $9.7 bln in 2020's top shale deal

19 Oct 2020

Oct 19 ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector continued to consolidate amid lower fuel prices and demand.

Hygo Energy names new CEO after predecessor resigned amid Brazil graft probe

13 Oct 2020

Hygo Energy Transition Ltd , a joint venture between Golar LNG and U.S. private equity firm Stonepeak Infrastructure Partners, has appointed Paul Hanrahan as chief executive officer after his predecessor, Eduardo Antonello, stepped down amid a Brazilian corruption investigation.

World’s gold miners wary of production ramp-up despite price surge

13 Sep 2020

JOHANNESBURG/BENGALURU The world's top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.

World’s gold miners wary of production ramp-up despite price surge

13 Sep 2020

JOHANNESBURG/BENGALURU, Sept 13 The world's top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.

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