Rosneft boosts profits by 54%

Russian oil giant Rosneft has increased its net profit by 54% year-on-year to 280 billion rubles ($8.74 billion) in the third quarter thanks to the added oil output from Anglo-Russian venture TNK-BP.

Raising revenues: Rosneft reports hike in quarterly profit
Raising revenues: Rosneft reports hike in quarterly profit
Published 29 October 2013, 12:48Updated 11 October 2016, 13:22
Eastern Europe