Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Rosneft Q2 net income beats forecasts after TNK-BP deal

Mon, 29th Jul 2013 13:48

MOSCOW, July 29 (Reuters) - Russia's state-owned oil companyRosneft, the world's top listed crude producer,generated 35 billion roubles ($1.1 billion) in second-quarternet income after it acquired smaller rival TNK-BP, thecompany said on Monday.

This was above analysts' expectations of 31.3 billionroubles. Adjusted free cash flow stood at 35 billion roubles,Rosneft said.

The company completed the $55 billion acquisition of TNK-BP,which was Russia's third-largest oil producer, from BP and a consortium of Soviet-born tycoons in March.

Related Shares

More News
4 Jun 2024 17:16

European shares snap three-day winning streak on commodities' drag

Energy shares hit over two-month lows, biggest drag *

4 Jun 2024 17:03

Sector movers: Miners, Big Oil weigh on FTSE 350

(Sharecast News) - Commodity related stocks were the chief drag on the FTSE 350 amid a combination of growth concerns and risk aversion.

4 Jun 2024 17:01

London stocks log declines as losses in miners weigh

FTSE 100 down 0.4%, FTSE 250 falls 0.9% *

4 Jun 2024 16:53

LONDON MARKET CLOSE: Cooling US job market boosts rate cut hopes

(Alliance News) - Stock prices in London closed lower on Tuesday, with New York tracking down, amid some disappointing economic data from the US.

4 Jun 2024 11:59

LONDON MARKET MIDDAY: BP and Shell take hit as oil prices retreat

(Alliance News) - Stock prices in London were lower at midday Tuesday, with oil majors BP and Shell dragging the index lower as oil prices took a hit.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.