Rosneft?s proven oil reserves increased almost fourfold to 1.27 billion tons from 327.7 million tons last year, after the company bought Yuganskneftegaz.
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Rosneft: Good Results
Net income of Rosneft more than doubled last year, proven oil reserves increased almost fourfold
Net income of state-run oil firm Rosneft more than doubled last year due to record oil prices and some assets being sold, the company said.
The net income rose to $837 million from $386 million, revenue rose 45 percent to $5.28 billion, including asset sales totaling $240 million, from $3.6 billion last year.
Rosneft?s proven oil reserves increased almost fourfold to 1.27 billion tons from 327.7 million tons last year, after the company bought Yuganskneftegaz.
Rosneft?s proven oil reserves increased almost fourfold to 1.27 billion tons from 327.7 million tons last year, after the company bought Yuganskneftegaz.
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