3 May 2024
Rosneft profit down 75% in Q1 2016
Publication date: 08 June 2016
Gas Strategies Group
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ISSN: 0964-8496
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Russian state-affiliated oil and gas company Rosneft posted a 75% year-on-year slump in profits for Q1 2016 this week, attributing the weaker performance to lower oil prices, a weak rouble, taxes and increased investment.