Repsol-YPF doubles profits; targets Brazil?s new fields instead of Argentina

Repsol-YPF, Spain?s biggest oil company, said fourth-quarter profit more than doubled after refining margins improved and crude prices increased. Profit adjusted to exclude inventories and one-time items climbed to 499 million Euros from 241 million Euros a year earlier, the Madrid-based company said on Thursday.

Source: http://en.mercopress.com/2011/02/25/repsol-ypf-doubles-profits-targets-brazil-s-new-fields-instead-of-argentina?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

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