First quarter 2000 income triples from first quarter 1999Energy Information Administration’s combined figures for 15 major oil and gas companies show majority of growth from worldwide upstream operations
The U.S. Department of Energy’s Energy Information Administration said overall net income (excluding unusual items) for 15 major petroleum companies more than tripled in the first quarter of 2000 compared to the first quarter of 1999, to $9.4 billion.
In its first quarter report the agency said the....
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Crude price more than double first quarter 1999 Prices more than offset some production declines
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