OCCIDENTAL RISES 4%
Occidental Petroleum Corp, the fourth-largest U.S. oil and gas company, reported a 2.6 percent rise in first-quarter profit, helped by higher prices for crude oil and natural gas.
The company's net profit inched up to $1.39 billion, or $1.75 per share, in the quarter ended March 31, from $1.36 billion, or $1.68 per share, a year earlier.
Revenue rose nearly 4 percent to $6.09 billion.
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WNN - The search for solutions to climate change must include discussion of nuclear power, Scott Foster, director of the Sustainable Energy Division of UNECE, told
WNN - in 2017 the average total generating cost - which includes capital, fuel and operating costs - for nuclear energy was USD33.50 per megawatt-hour (MWh).
LUKOIL - For the first nine months of 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,301 thousand boe per day, which is 3.7% higher year-on-year.
GE - Baker Hughes, a GE company and General Electric Company Announce a Series of Long-Term Agreements to Maximize Value for Both BHGE and GE