Repsol reported it Q2 15 results which were in line with expectations at €312m vs. €390m a year earlier. By division 1) Upstream's adjusted net income was a loss of €48m. Operating loss was €48m vs. €216m a year ago. Lower crude oil & gas prices had a negative impact of €359m compared to last year and exploration costs impacted the operating income by €128m as a result of the lower amortisation of dry well losses in Q2. 2) Downstream's adjusted net incom
30 Jul 2015
Little clarification, Talisman didn’t help
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Little clarification, Talisman didn’t help
Repsol reported it Q2 15 results which were in line with expectations at €312m vs. €390m a year earlier. By division 1) Upstream's adjusted net income was a loss of €48m. Operating loss was €48m vs. €216m a year ago. Lower crude oil & gas prices had a negative impact of €359m compared to last year and exploration costs impacted the operating income by €128m as a result of the lower amortisation of dry well losses in Q2. 2) Downstream's adjusted net incom