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Gulf Oil Lubricants India June-qtr profit rises

Monday, 24 Jul 2017 05:06am EDT

July 24 (Reuters) - Gulf Oil Lubricants India Ltd :June quarter net profit 342.9 million rupees versus profit 303.6 million rupees year ago.June quarter total income 3.34 billion rupees versus 3.20 billion rupees year ago.

Rubis to issue new equity instruments

Friday, 21 Jul 2017 11:35am EDT

July 21 (Reuters) - RUBIS SCA ::REG-RUBIS TO ISSUE NEW EQUITY INSTRUMENTS TO FURTHER STRENGTHEN ITS FINANCIAL RESOURCES.‍LAUNCHES A NEW EQUITY LINE PROGRAMME​.‍IMPLEMENTED ON JULY 21,2017 TWO EQUITY LINES PROGRAMMES, THROUGH EQUITY WARRANTS ISSUED TO CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK (CRÉDIT AGRICOLE CIB) AND SOCIÉTÉ GÉNÉRALE​.‍PROGRAMMES ALLOWING TO CARRY OUT SUCCESSIVE EQUITY ISSUES WITHIN AUTHORIZED LIMIT OF A PAR VALUE EUR 5,500,000​.SHARE SUBSCRIPTION PRICE WILL BE SET ACCORDING TO 3 PREVIOUS TRADING DAYS VOLUME-WEIGHTED AVERAGE PRICE AT A 5% DISCOUNT.‍ON BASIS OF CURRENT SHARE PRICE POTENTIAL INCREASE IN SHAREHOLDERS' EQUITY COULD BE AS MUCH AS EUR 210 MILLION​.

India's Mangalore Refinery & Petrochemicals June-qtr GRM $4.74/bbl

Friday, 21 Jul 2017 09:31am EDT

July 21 (Reuters) - Mangalore Refinery And Petrochemicals Ltd :June quarter GRM $4.74 per bbl versus $10.01 per bbl last year.

India's Mangalore Refinery and Petrochemicals June-qtr profit falls about 67 pct

Friday, 21 Jul 2017 07:44am EDT

July 21 (Reuters) - Mangalore Refinery and Petrochemicals Ltd :June quarter net profit 2.34 billion rupees versus profit of 7.18 billion rupees last year.Consensus forecast for June quarter net profit was 6.01 billion rupees.June quarter total income 145.15 billion rupees versus 118.20 billion rupees.

Unipetrol CEO hopes to match H1 results in second half

Friday, 21 Jul 2017 05:50am EDT

July 21 (Reuters) - Unipetrol As :CEO says aims to deliver H2 results at least as good as H1 nP7N1I402N.CEO reiterates aim to systematically raise dividend per share ratio nS8N1FV00R.

Reliance Industries announces 1:1 bonus share issue

Friday, 21 Jul 2017 03:28am EDT

July 21 (Reuters) - Reliance Industries Ltd chairman says::Announces a bonus share issue of 1:1.Refinery off gas cracker at Jamnagar, Gujarat will be commissioned in next few weeks.Shale gas venture in the U.S. to be rationalised.First gas from new investments from KG D6 will come from mid 2020.Over next 12 months, network of retail stores will go to tier 2 and tier 3 cities.10 years from now, reliance plans to become one among top fifty companies in the world.Company plans to earn one trillion rupees of operating profit over next few years.Have set targets of profitability from new businesses.

Unipetrol Q2 net profit rises, boosted by insurance claims

Friday, 21 Jul 2017 01:27am EDT

July 21 (Reuters) - Unipetrol As :says Q2 net profit CZK 3.57 billion versus CZK 3.11 billion year ago.says Q2 revenue CZK 31.18 billion versus CZK 20.55 billion year ago.says Q2 EBITDA LIFO CZK 6.54 billion versus CZK 4.58 billion year ago.says CZK 3.1 billion recognised for insurance claims in Q2 EBITDA LIFO.says in mid-year report that taking into account insurance claims, forecasts 2017-18 EBITDA LIFO at almost CZK 24 billion (pvs CZK 19.7 billion) nS8N1FV00M.says in regard to refining and petrochemical margins, a continuation of current levels is expected in H2 -mid-year report.says expects to recover additional CZK 2.8 billion in insurance claims in H2, amount depends on final agreement with insurer.insurance claims in H2 relate to final settlement of claim .

NGL Energy Partners announces quarterly cash distribution

Thursday, 20 Jul 2017 07:40pm EDT

July 20 (Reuters) - Ngl Energy Partners Lp :Board of directors of its general partner declared a quarterly distribution of $0.39 per unit.

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