FONT-SIZE Plus   Neg

TNK-BP Q4 Profit Rises - Quick Facts

TNK-BP (TNBP.ME, TNKBF.PK) Wednesday reported a rise in fourth-quarter profit to $2.17 billion from last year's $1.93 billion. EBITDA for the quarter was $3.61 billion compared to the year-ago $3.16 billion.

Revenues for the three-months were $15.70 billion, jumping from $12.50 billion in 2010, thanks to Urals price increasing by 27 percent and a growth in production of 4.3 percent. Total oil and gas production in Russia was 2.00 billion boe/d this year and 1.96 billion boe/d in the prior-year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Electric car maker Tesla Motors Inc. (TSLA), Wednesday reported a profit for the third quarter beating Wall Street estimates by a large margin, driven primarily by record production and deliveries. Shares of the company gained over 5 percent in extended hours after the company reaffirmed its delivery... Auvi-Q, the rival for EpiPen, will be coming back in 2017, pharmaceutical company Kaleo announced on Wednesday. Auvi-Q is a epinephrine injection used to treat life-threatening allergic reactions, including anaphylaxis, in people who are at risk for or have a history of serious allergic reactions. Auvi-Q... Uber's self-driving technology start-up Otto has partnered with Anheuser-Busch InBev to complete the world's first shipment by a self-driving truck. Otto said in a blog post that the company and Anheuser-Busch delivered 51,744 cans of Budweiser beer from Fort Collins, through downtown Denver, to Colorado Springs.
comments powered by Disqus
Follow RTT