Galp reported a significant increase in profits in the second quarter, driven by higher production, elevated oil prices, and stable performance in its refining segment. The company has raised its forecast for 2026 and continues to expand production at key fields.
The British company Serica Energy is acquiring Pharos Energy for £145.7 million to expand its operations in Vietnam and Egypt and increase its production resources. The deal has been approved by the boards of directors of both companies.
SLB increased its revenue by 5% in the second quarter to $9 billion, driven by growth in offshore operations, despite a decline in profits and a slowdown in activity in the Middle East due to the conflict. The company's financial results exceeded analysts' expectations.
SLB increased its revenue in the second quarter amid growing offshore activity, despite a decline in profits. The company's financial results exceeded expectations, leading to a rise in its share price.
The volume of synthetic SRT transactions in the banking sector grew by 43% over the year, reaching €66.7 billion. This surge in interest is linked to the emergence of new issuers, an increase in the number of buyers, and heightened regulatory attention to credit risk management.