Earnings for U.S. majors up 34 percentHigher gas prices, foreign earnings, refinery profits power 23 firms Allen Baker Petroleum News Contributing Writer
The third quarter of last year was a great one for big U.S. oil companies, with a new government study showing just how much their combined profits rose.
Bottom line: $9 billion in earnings, up 34 percent from the 2002 quarter.
Major factors for the 23 big firms were higher prices for natural gas a....
[additional news subjects in this story]
Upstream improves Refining net skyrockets
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583 [email protected] --- http://www.petroleumnews.com --- S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
|