Russian oil major boosts profits despite sanctions

Sep 17th 2022 2:13am EDT

Rosneft reports $7 billion in net income through June Russian oil giant Rosneft has increased its net profit by 13% in the first half of 2022 despite Western sanctions. The company’s net income rose to 432 million rubles ($7.22 billion), while debt decreased by 12%, compared to the beginning of the year, strengthening the company’s […]

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