Week in review, August 2

week in review

Featuring oil majors, Airbus, and UK and European banks

Chevron boosted by strong crude demand

Earnings of $5.7bn aided by gains on asset sales

US crude hits lowest level since March

Nymex WTI price falls under $98 a barrel

North Atlantic Drilling signs Rosneft deal

Contract to use six offshore rigs up to 2022 is worth $4.25bn

Woodside investors reject A$2.7bn buyback

Deal to buy back 9.5% stake in gas group voted down

Taiwanese city rocked by gas explosions

Underground blasts in Kaohsiung kill 24 and injure 271

Investor, by their writedowns so shall you know them

‘Exceptionals’ in Lloyds, Shell, and Diageo results

Osman Shahenshah, Afren chief executive

Afren suspends executives over payments

Move by FTSE 250 group follows review by law firm

Eni boosted by gas contract deals

Operating cash flow at highest level since mid-2012

European groups warn on Russia sanctions

Adidas, VW, Siemens, Shell and others say businesses affected

Milford Haven sale saves 400 jobs

Klesch Group buys Welsh facility after four years on market

ExxonMobil profits surge as output falls

Sale of power utility interests increases net income by $1.2bn

Shell: a slick effort

Oil major needs to improve cash flow

Strong pound dents profits at Weir Group

Moscow told to pay Yukos investors €1.9bn

Second big legal setback for Russia within days

BG warns over Egyptian operations

Post-tax profit in first half up 9% to $2.4bn

Shell earnings hit by $2bn writedown

Souring investments in North American shale gas weigh on profits

Centrica criticises Ofgem as profits fall

British Gas owner rejects forecasts that profit margins will double

Shell surge shelters FTSE from wider loss

Earnings outperformance limits London weakness

Kurds struggle for energy autonomy

Legal battle over oil tanker symbolises fight


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