Russia's largest oil companies - Russian oil company recently announced first quarter of this year the company lost 5.77 billion rubles (about 33 rubles 1 U.S. dollars).
According to Russian News Agency reported, in accordance with Russian accounting standards, the Russian oil company losses in the first quarter this year, 5.77 billion rubles, the fourth quarter of last year's loss of 65 billion rubles has reduced by 90%. The first quarter of last year, Russian oil companies to achieve a net profit of 6.5 billion rubles.
Russian oil companies reported previously announced, the company's 2008 net profit of 141.31 billion rubles for the more than 2007, a decrease of 12.8%. Russian oil companies for oil production last year's 110.1 million tons, representing an increase of 9% a year. The company expects this year's oil production to 112.3 million tons.
Source: www.in-en.com May. 9, 2009
