Oil producer Rosneft says revenue doubled to 2.167 trillion roubles

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Russian oil producer Rosneft said revenue doubled to 2.167 trillion roubles, while net profit surged to 233 billion roubles ($3.2 billion).

Rosneft, which includes oil major BP among its shareholders, said that liquid hydrocarbon production was at an average of 3.9 million barrels per day (bpd) in the quarter, down from 4.04 million bpd a year earlier, when OPEC+ launched its deepest oil supply cuts to prop-up global prices hit by the coronavirus pandemic.

Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of GreentechLead.com. He has three decades of experience in tech media.
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