TNK-BP posts 1H 2009 Net Income of $2 billion
Published: 28 July, 2009, 13:18
Russian oil producer TNK-BP has posted a 1H 2009 net income of $2 billion under U.S. GAAP.
breakingnews
Many Russian companies are facing financial difficulties, and are looking to restructure debts. Proposed changes to the country's bankruptcy law could mean further support for struggling businesses.
This week will see the Russian government finalising the budget for the year ahead, with another budget deficit in store, as plans for longer term budgeting are put on hold.
Russia is launching a programme to halve the country’s energy consumption over the next decade, as European shops face a 2014 deadline for selling only the most energy efficient appliances.
Russian oil producer, Rosneft, has posted a 1Q 2009 Net Income of $2.06 billion under U.S. GAAP.
Russian oil producer, Lukoil, has posted a 3Q 2009 Net Income of $2.058 billion under U.S. GAAP.
Russian oil producer, Lukoil, has posted a 1H 2009 Net Income of $3.229 billion under U.S. GAAP.
27.10.2010, 21:55
1 comment
A number of foreign companies might obtain significant shares in Russia's upcoming privatization of its most profitable companies.
13.05.2009, 20:28
1 comment
VTB shares have fluctuated wildly on mixed reports of a share buy back for those who participated in its IPO, two years ago. Promoted as the ‘peoples IPO,’ VTB shares are now worth about 1/3rd the listing price.
13.09.2010, 16:24
1 comment
Russian oil refiner and energy producer, Bashneft, has posted a 1H 2010 net profit of $671 million under IFRS.
Russian oil producer, Tatneft, has posted a 1H 2010 Net Profit of 15.9 billion Roubles under U.S. GAAP.
Published: 28 July, 2009, 13:18
Russian oil producer TNK-BP has posted a 1H 2009 net income of $2 billion under U.S. GAAP.