Gazprom Full-year Profit Jumps 35%

Russia's Gazprom, the world's largest producer of natural gas, said its earnings increased by 35% in 2011 to nearly $45 billion, reflecting higher energy prices and growing exports.

Topics:  russia's gazprom   
BING NEWS:
  • Gazprom profits tumble as EU price probe looms
    The move came just two months after the Russian state-owned gas company had raised its full-year net profit forecast 10 per cent. Net income for the September quarter was Rbs276.1bn ($8.1bn), down from Rbs305.1bn a year earlier. Total revenue for the third ...
    01/23/2014 - 4:55 am | View Link
  • Low gas in Ukraine endanger Europe flows- Gazprom
    Earlier on Thursday, Gazprom revealed its second-quarter financial results, which beat expectations, and increased its guidance for full-year core profit by 10 percent to over $55 billion on the back of rising exports to Europe where it generates more than ...
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  • UPDATE 1-Gazprom says low gas reserves in Ukraine endanger Europe flows
    Gazprom boosts Q2 net income, raises full-year core profit forecast (Adds detail, comments) MOSCOW, Nov 14 (Reuters) - Russian gas export monopoly Gazprom ratcheted up the pressure on Ukraine in a gas pricing dispute, saying its western neighbour did not ...
    11/14/2013 - 2:59 am | View Link
  • RWE First-Half Profit Rises After Gazprom Arbitration Success
    The utility confirmed its full-year forecast for recurrent net income of 2.4 billion euros and operating profit of 5.9 billion euros, below last year’s level. EON yesterday said profit fell 42 percent in the first half after divestments, reduced output ...
    08/14/2013 - 5:46 am | View Link
  • RWE Profit Hit By Impairment, Recurrent Profit Rises On Gazprom Arbitration
    German utility major RWE AG (RWEOY) Wednesday reported lower profit for the first half of the year, hit by hefty impairment for its Dutch generation portfolio. The company further backed its full- year outlook. "Due to the continuing boom in solar energy ...
    08/13/2013 - 7:33 pm | View Link
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