Genesis

Genesis reports rise in earnings

New Zealand’s Genesis Energy has delivered strong performance in the first half of the 2022 financial year, reporting earnings before interest of $210.3 million. Net profit was up 63 per cent on the same period of the previous year, with a total of $84.7 million. 
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Buru Rafael

Rafael initial flow tests promising

Buru Energy has revealed that, after some minor operational delays, Rafael-1 testing commenced on 25 February and gas flows to surface accompanied by condensate were obtained during the initial cleanup flow. 
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