Repsol reports 15% rise in 1998 profit

Article Abstract:

Repsol SA, Madrid, posted a 15% rise in net profit , the best performance for the year reported so far by any major international oil company. Repsol said its consolidated net rose to 145.52 billion pesetas ($982.3 million) from 126.1 billion pesetas a year earlier, boosted by a strong demand for oil and natural gas in its domestic market. Operating climbed 18% to 275.84 billion pesetas from 233.69 billion pesetas last year. Profit from refining and marketing operations rose 40%, gas and electricity operations showed a 55% gain and chemicals showed a 3.7% gain in profit.

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Spain, Petroleum industry, Repsol Petroleo S.A.

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BBVA's chief executive plans to step down early

Article Abstract:

Pedro Luis Uriarte, the chief executive of Banco Bilbao Vizcaya Argentaria (BBVA), is planning to resign from his post. Uriarte's expected resignation is being attributed to a poor market environment.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Chief executive officers, Uriarte, Pedro Luis

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BBVA's net profit rose 28% in 2000 on cost controls

Article Abstract:

Banco Bilbao Vizcaya Argentaria SA posted an increase of 28% in its net profits for the 2000 year. The firm posted 2.23 billion euros in net profits for the year.

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