Lukoil Lifts Fourth-quarter Net Profit

Monday, March 4, 2019

Russia's No.2 oil producer Lukoil's fourth-quarter net profit rose to 159 billion roubles ($2.42 billion), up from 120.5 billion roubles in the same period a year earlier, the company said on Monday.

Fourth-quarter revenue stood at 2 trillion roubles, while earnings before interest, tax, depreciation and amortisation rose to 278.3 billion roubles, up from 223.7 billion in the same period in 2017, Lukoil said.


($1 = 65.7735 roubles)

(Reporting by Olesya Astakhova Writing by Tom Balmforth Editing by David Goodman)

Categories: Finance Russia Production

Related Stories

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

KKB Unit to Deliver Offshore Structures for Shell’s Malaysian Fields

Kazakhstan Resumes Action to Collect $5.2B Kashagan Field Fine

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

TotalEnergies, SOCAR, XRG Greenlight Absheron Field Expansion in Caspian Sea

SLB Secures Aramco Well Construction Work for 450 Wells

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Jadestone Energy Lifts Malaysia Production with Second Online Well

Current News

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oil Climbs on US Storm Threat, Saudi Attack Risks

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Oil Industry Braces for Years of Market Disruption

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Iran Set to Keep Hormuz Shut Until Seven Demands Are Met

LNG Flows Through Hormuz Hit Seven-Month High

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com