Discounts eat into net at ONGC
Article Abstract:
Fiscal third-quarter net profit for Oil and Natural Gas Corporation Ltd. dropped 6.4% to $1.11 bil. The Indian firm offered to state-owned refiners its largest-ever discount, nearly $37 per barrel, which offset higher crude oil price gains.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
India, Oil and Natural Gas Corporation Ltd.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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Rosneft net rises 80% on growth, oil acquisitions
Article Abstract:
Third-quarter net profit for Russian petroleum firm Rosneft rose 80% to $1.89 bil, driven by acquisitions, organic production increases, and larger refining volumes. Revenue rose 54% to reach $13.74 bil.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
Russia, Rosneft
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Petroleum industry, Company sales and earnings, Company earnings/profit, Financial report
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