Energy Update
July 28 (Reuters) - Pipe and valve maker Weir Group Plc
said Chief Executive Keith Cochrane would step down,
and reported a 25 percent fall in pretax profit as oil and gas
companies cut spending to counter weak commodity prices.
LONDON, July 28 (Reuters) - European shares retreated on
Thursday, weighed down by some weak corporate updates out from
the likes of Dialog Semiconductor and oil major Royal
Dutch Shell.
July 28 (Reuters) - Pipe and valve maker Weir Group Plc
said Chief Executive Keith Cochrane would step down,
and reported a 25 percent fall in first-half pretax profit as
oil and gas companies cut spending to counter weak commodity
prices.
PARIS, July 28 (Reuters) - French oil services company
Technip said on Thursday plans to cut spending due to
the fall in oil prices were ahead of schedule as it reported
better-than-expected second quarter revenue.
PARIS, July 28 (Reuters) - French oil and gas company Total
said it had met its cost saving target ahead of
schedule as it reported a better-than-expected rise in second
quarter net profit led by increased output and a rebound in oil
prices.
PARIS, July 27 (Reuters) - French oil and gas company Total
said it had met its cost saving target ahead of
schedule as it reported a better-than-expected rise in second
quarter net profit led by increased output and a rebound in oil
prices.
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