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Enel Gas, the fast-growing gas supply division of the Italian electricity group Enel, has revealed ambitious new targets for this year. The group's chief operating officer, Vincenzo Cannatelli, says Enel [...]

Canadian firm Methanex's Chilean operations are a major casuality of Argentina's gas supply crisis, with gas exports to the company cut on 21 May by 700,000 [m.sup.3]/d. Four days earlier, [...]

Norway's Statoil made a first-quarter profit of NKr4.7bn ($685mn), helped by the sale of its stake in German gas firm VNG and a 10pc rise in its gas sales [...]

Italian energy firm Eni's first-quarter profit climbed by nearly 7pc on the same period last year, primarily on the sale of its stake in gas company Snam. But the euro's [...]

US firm Penn Octane, the leading supplier of LPG to Mexico, saw its net profit in the second quarter of 2004 stay stable at $1.5mn. The income included charges of [...]

Italian utility Enel saw its net profit increase to 2.5bn [euro] ($3.1bn) last year, 23.3pc higher than its 2002 results. And increased gas activities made a strong contribution to Enel's [...]

Germany's Wingas boosted its gas sales last year by 2.8bn [m.sup.3] compared with 2002 to 15.2bn [m.sup.3]. But operating profit remained static at 311mn [euro] ($385mn). The company achieved gas [...]

Canada's PetroKazakhstan has rejected a claim by joint venture partner Lukoil that it has delayed an output rise at Kazakhstan's North Kumkol field. Lukoil's director in Kazakhstan, Boris Zilbermints, said [...]

The UK's dominant gas firm, Centrica, recorded record fullyear profits in 2003, helped by a strong performance from its Rough gas storage facility in the North Sea. The firm made [...]

North Sea output remains below 6mn b/d, 5pc less than a year ago. Most of the losses were in the UK sector, with Brent and Forties output falling by 15pc. [...]

TGS, Argentina's largest gas transportation company, posted a profit of 286.2mn pesos ($25.8mn) in 2003--up from a net loss of Ps608.4mn in 2002. Profits were boosted by higher gas sales. [...]

* Italian energy firm Eni's gas division profits rose by 4pc to 390mn [euro] ($465mn) in the third quarter. Overall profits increased by 3.7pc to 955mn [euro] on the back [...]

* Austria's OMV says gas profits were up by 80pc at 21.2mn [euro] ($25.3mn) in the third quarter against a year [...]

UK gas producer BG's third-quarter profits surged by 96pc on the year on the back of asset sales in the North Sea and a four-fold rise in turnover for its [...]

The gas production of Petoro, state-owned asset manager of the Norwegian state's direct financial upstream interest, increased by 8pc in the first three quarters compared with 2003. Volumes rose from [...]

Sibneft has recorded a 25pc drop in first-half profits to $457.5mn, despite a 28pc rise in production to 490,000 b/d. The fall was largely due to higher taxes and lower [...]

Russia's second largest oil producer, Yukos, recorded a 6pc drop in its 2001 US Gaap profits, to Rbs104.66bn ($3.47bn), as falling revenues from domestic and international sales took their toll. [...]