State-owned Hindustan Petroleum Corporation Ltd (BPCL) on Friday reported a massive 97.5 per cent drop in net profit in the September quarter, as refinery margins fell and marketing margins shrunk.
The weaker oil price also hit third-quarter net profit, which slumped 73% on year to 522 million euros. Earlier this week, Eni's Norwegian peer Equinor missed forecasts to its key profit measure, also ...
Legislators have been pushing bills all year and Gov. Gavin Newsom has been busy signing a slew of bills into law, many of which will have effects on the business community. This year’s regular legisl ...