Search results
- Rosneft posted a loss of $2.1 billion in the first quarter of 2020.But earnings at the group, which is around one-fifth owned by BP (BP.L), have been boosted by a 20% annual increase in oil prices supported by a global deal on production cuts.
May 15, 2020 · Financial results for 1Q 2020. 15 May 2020. Positive free cash flow of USD 3.5 bln in spite of lower crude oil prices. EBITDA decreased by more than a third on the back of sharp decline in oil prices. Negative Net income due to RUB depreciation and revaluation of foreign currency denominated liabilities.
For the first quarter of 2020 and the fourth quarter of 2019, the Company’s total crude oil processing amounted to 28.72 mln tonnes and 28.33 mln tonnes at the refineries in Russia and abroad, respectively.
May 15, 2020 · Russia's largest oil producer, Rosneft <ROSN.MM>, said on Friday it expects a 10% decline in 2020 oil output, after reporting a first-quarter net loss of 156 billion roubles (1.74 billion...
May 15, 2020 · Russia's largest oil producer, Rosneft, on Friday reported a first-quarter loss of 156 billion roubles ($2.1 billion) hurt by the spread of the coronavirus and a weaker rouble.
May 5, 2017 · Russia’s Rosneft on Friday reported a limited rise in first-quarter profit that fell well short of analysts’ expectations, as oil production restrictions agreed between Moscow and Opec...
In 2020, Rosneft significantly strengthened its financial position despite the pandemic-related restrictions and temporary cuts in oil production under the OPEC+ agreement we have committed to in compliance with the government directives.
People also ask
Why did Rosneft strengthen its financial position in 2020?
How did Rosneft perform in 2015?
What did Rosneft do in 2018?
Why did Rosneft 2022 achieve strong results?
How much oil did Rosneft produce in 2015?
Why did Rosneft invest in 2023?
May 15, 2020 · Rosneft Oil Co. said Friday that it swung into a net loss for the first quarter of 2020, and that it was launching a buyback program. The London-listed Russian oil company said net loss for...