Italian refiners raise second-quarter profits

摘要

London—Two of Italy’s largest refiners, ERG and Saras, reported improved second-quarter profits last week on strong refining margins. ERG, Italy’s largest independent refiner, said August 10 pre-tax earnings for the second quarter were Eur53 million (73 million), from a Eur16 million year-earlier loss when ERG’s refinery was undergoing maintenance.