European chip stocks fell sharply in early European trade, with losses deepening as the trading day progressed.

Pikka Phase 1 currently produces about 23,000 gross barrels per day, with plans to ramp up to around 80,000bpd.

Find insight on oil futures, Origin Energy, Fluence and more in the latest Market Talks covering energy and utilities.

European energy stocks opened lower on slumping oil prices as President Trump prioritizes diplomacy and says new talks with Iran will begin Monday.

Investing.com -- Shares in oil and gas producers across the U.S. and Europe fell sharply after the U.S. military halted two weeks of strikes on Iran, with Tehran signaling it would suspend its own attacks as long as the pause holds, easing fears of a broader Middle East escalation and dragging crude prices lower.

Repsol (BME:REP) is back in focus after reporting first half net income of €2,201 million and reaffirming production guidance near the high end of its 560,000 to 570,000 barrels per day range. See our latest analysis for Repsol. Repsol's reaffirmed production guidance and sizeable buyback plans sit against a strong run in the stock, with a year to date share price return of 57.34% and a 1 year total shareholder return of 98.82%. This suggests momentum has been building even after a 1 day...

July 24 () - Global equity funds attracted inflows for a ninth straight week through July 22 as investors remained optimistic about a ‌robust earnings season despite an escalation in Middle East tensions ‌and the recent weakness in semiconductor stocks.51 billion in global equity funds during ​the week, slightly below the previous week's $12.

CARACAS, July 23 (Reuters) - Venezuela's oil ministry has told partners of state energy company PDVSA that it will maintain the July 28 deadline it had set to ‌migrate oil and gas contracts to a new legal framework approved in January, rushing executives to ‌complete the negotiation of terms, four sources close to the talks said. Venezuela's National Assembly in late January approved a sweeping reform of the ​hydrocarbons law, the backbone of the country's energy industry, offering autonomy for

Repsol SA (REPYF) reports significant net income growth, reduced debt, and strategic advancements in Alaska, while navigating geopolitical and market challenges.

Spanish energy giant Repsol said Thursday it net profit in the first half of the year more than tripled, boosted by a surge in oil and gas prices due to the Middle East conflict.Second-quarter net profit rose to 1.27 billion euros from 929 million euros in the first quarter, despite the company having no assets in the Middle East, where hostilities have fuelled higher crude prices.