Date: 4 days ago   Category: Energy

The net profit of Lundin Petroleum in the III quarter has decreased by 3,6 times — to $62,6 million — Rambler News Service


The net profit of the Swedish Lundin Petroleum has made $62,6 million following the results of the III quarter 2018 that is 3,6 times less than net profit for the same period of last year, the company reports. The net profit of the company in January — September, 2018 has decreased by 32,2% in comparison with an indicator in nine months of last year and has made $327,4 million. Revenue of Lundin Petroleum for the third quarter has grown by 23,1% — to $636,4 million. Profit before the taxation has made $341,9 million against $336,6 million the previous year (growth by 1,5%). Revenue of Lundin Petroleum in nine months has grown by 43% — to $2,006 billion. Profit before the taxation has made $1,167 billion that by 1,5 times exceeds an indicator for the same period of last year. The net debt of the company as of September 30, 2018 made $3,57 billion, having decreased since the beginning of year by 8,1%. Extraction of hydrocarbons by the company in the third quarter has decreased by 12,3% and has made 78,2 thousand barrels of an oil equivalent a day, in January-September extraction of hydrocarbons was reduced by 7,2% — to 80,8 thousand barrels of an oil equivalent a day.

URL:

Photo: Ukrainian Foto/PhotoXPress.ru More than 20 heatsupplying companies in a number of regions of Ukraine remain in a risk zone because of failure to meet requirements of the government resolution,...


The situation which developed in the Russian domestic market of fuel is not crisis, the Deputy Prime Minister of Russia Dmitry Kozak in an interview to Russia-24 TV channel considers. "I do not consider. Crisis would be if there were extremely low prices of oil, and the oil industry was in losses, the budget would lose income, then it would be cris...


Photo: Tagansky district court of Moscow returned to globallookpress.com/imago stock&people the claim of public organization "Merging of Autopassenger Carriers" for the ban of BlaBlaCar service in Rus...


The blockchain now in large quantities is not used, there are a lot of started startups and experiments, but time is necessary, the head of Sberbank German Gref told journalists. "Actually, today there are no mass cases of industrial use of a blockchain for the present. There are a lot of started startups, experiments, but it is necessary still, at...


Photo: globallookpress.com/Wang Ying Price of Brent crude oil fell lower than $67 for barrel for the first time since April of the current year, data of the trading of the Intercontinental exchange IC...


Photo: globallookpress.com/Xu Jinquan the Member of the Federation Council Alexey Pushkov commented on statements of the prime minister of the Russian Federation Dmitry Medvedev that Moscow will refus...