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News & Current Events Apr 2, 2026 at 2:28 AM

Russian Oil Giant Rosneft Announces 73% Drop in 2025 Net Income

Posted by PinheadLarry2323


Russian Oil Giant Rosneft Announces 73% Drop in 2025 Net Income
Kyiv Post
Russian Oil Giant Rosneft Announces 73% Drop in 2025 Net Income
Rosneft’s CEO attributed the drop to an “ideal storm” of negative impacts due to the war in Ukraine and Western sanctions, adding that recent price hikes due to Iran were offset by increasing costs.

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Ultra_Metal Apr 2, 2026 +79
Ukraine's long term strategy of destroying Russia's economy is working.
79
hugelkult Apr 2, 2026 +10
Russias long term strategy of self-owning is working
10
40to6inthe4th Apr 2, 2026 +3
I just hope their progress continues this year in spite of how hard the current US administration is trying to prop Putin back up by easing sanctions, allowing their ships through the Cuban blockade, and driving oil prices up / business to Russia thanks to the Iran war.
3
Saturn_winter Apr 2, 2026 +46
woof, that's steep
46
wingfan1469 Apr 2, 2026 +34
And that’s only what they announced! 😲
34
Perfect-Concern-9762 Apr 2, 2026 +14
Thats a good start, but we need to get those numbers up!
14
YarpsDrittAdrAtta Apr 2, 2026 +15
Putin's man in the White House is already fixing the situation
15
YinzerInEurope Apr 2, 2026 +11
And that’s the number they are willing to admit. Chances are it’s worse.
11
2024-04-29-throwaway Apr 2, 2026 +2
Rosneft is publicly traded, so you can short it if you believe that they're lying.
2
StevenSeagull_ Apr 2, 2026 +4
> a high profit tax It's not quite as easy as looking at a companie's bottom line. Rosneft pays taxes to the Russian state, before profits. Just like any other private company. Additionally part of the company is state owned. So dividends are paid to the state directly.  Profits can collapse, while the Russian state is getting more money. 
4
SourceUnusual2479 Apr 2, 2026 +8
Trump says “hold my Diet Coke”
8
fahmi_v Apr 2, 2026 +4
Not enough. Needs to drop by 100%, and then the war will stop.
4
BearBathTune Apr 2, 2026 +1
I wonder what can be the real number, if they must lie a 73% drop.
1
TheWizard Apr 2, 2026 +1
Likely in reversal with US/Israeli invasion of Iran.
1
FoundationGreat7072 Apr 2, 2026 +1
but it was all the straight of hormuz, sure bud.
1
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