USD 65.9961

0

EUR 73.2227

0

BRENT 58.69

0

AI-92 42.19

-0.01

AI-95 45.96

-0.01

AI-98 51.73

0

Diesel 45.8

-0.01

10

TNK-BP Income Doubled

Russian-British oil company TNK-BP reported net income...

Russian-British oil company TNK-BP reported net income of US$2.1 billion for the first half of 2005 from US$1.22 billion for the same period a year ago.

Company's net profit for the second quarter of the current year raised to US$1.28 billion from US$770 million for an accounting period last year.

TNK-BP is 50% owned by BP and 50% by a group of prominent Russian investors: Alfa Group, Access Industries and Renova (AAR).