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UK's Energean posts higher half-year profit, maintains output forecast after Israel restart

Source: reuters.com

Corporate EarningsEnergy Markets & PricesCorporate Guidance & OutlookGeopolitics & War
UK's Energean posts higher half-year profit, maintains output forecast after Israel restart

Energean reported a 45% year-on-year increase in first-half profit, primarily driven by recognition of deferred tax assets in Italy. The Eastern Mediterranean gas producer reiterated its annual production outlook following the restart of Israeli operations, supporting operational visibility despite regional geopolitical risk.

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