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Russia's Rosneft Doubles Profits to $5.67 Billion in Third-Quarter 2012, Prior To TNK-BP Deal


Industry Segment: Production | Word Count: 307 Words

ISTANBUL--November 6, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--In the third quarter of 2012, Russian state-owned oil producer Rosneft (Moscow, Russia) saw net profits more than double to $5.67 billion and earnings before interest, taxes, depreciation and amortization (EBITDA) of $5.98 billion on gross revenues of $25.1 billion, prior to its $55 billion deal to buy TNK-BP (Moscow).

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