Oil Investing News » Tatneft Q1 net surged 25% on lower costs, taxes

Tatneft Q1 net surged 25% on lower costs, taxes

June 22, 2009 @ 11:32 pm In Oil Company News

Russian oil company Tatneft declared that its net profit surged 25 percent year-on-year in the first quarter on the back of sharply lower costs and taxes but still learned less per barrel than its peers.

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[1] here: http://www.reuters.com/article/rbssEnergyNews/idUSLM23421120090622