TotalFinaElf earnings increase as production rises 8 percent
Allen Baker, PNA contributing writer
European oil giant TotalFinaElf reported a profit of 1.37 billion Euros as higher production and prices were counterbalanced by a strengthening of the Euro and sharply lower refining margins.
Net income rose 110 percent, but excluding non-recurring items the improvement was just 13 percent. Fourth-....
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 $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 08/18/2021)
|
Petroleum News - Phone: 1-907 522-9469 [email protected] --- https://www.petroleumnews.com --- S U B S C R I B E
|