国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Norway's Equinor reports net income of 1.2 bln USD in Q2

Source: Xinhua| 2018-07-27 00:47:51|Editor: Li Xia
Video PlayerClose

OSLO, July 26 (Xinhua) -- Norwegian oil and gas company Equinor on Thursday reported a net income of 1.2 billion U.S. dollars in the second quarter of 2018, down from 1.4 billion dollars in the same quarter of 2017.

The net operating income of Equinor, formerly known as Statoil, was 3.8 billion dollars in the second quarter compared to 3.2 billion dollars in the same period of 2017, the company said in a statement.

In the quarter, Equinor had a net impairment reversal of 0.3 billion dollars and a negative effect from changes in the unrealized fair value of derivatives of 0.5 billion dollars, it said.

Equinor's adjusted earnings were 4.3 billion dollars in the second quarter, up from 3.0 billion dollars in the same period in 2017. Its adjusted earnings after tax were 1.7 billion dollars in the second quarter, up from 1.3 billion dollars in the same period last year.

Higher prices for both liquids and gas, coupled with high production, contributed to the increase, the company said.

Meanwhile, due to increased maintenance and some quarter and field specific items, underlying operating costs and administrative expenses per barrel are slightly up compared to same quarter last year.

"We capture value from higher prices and deliver solid results and cash flow from operations," Equinor president and CEO Eldar Saetre was quoted as saying.

"This quarter we deliver very strong results from our international operations, while new fields, increased maintenance and some quarter specific items contribute to somewhat higher costs at the Norwegian continental shelf," he said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001373504031
主站蜘蛛池模板: 无锡市| 广汉市| 邹平县| 临沂市| 清水县| 朔州市| 平山县| 岳阳县| 太康县| 安远县| 法库县| 玛沁县| 广元市| 咸丰县| 新兴县| 临湘市| 莒南县| 玉山县| 依兰县| 大邑县| 徐州市| 武陟县| 庆安县| 大埔区| 柏乡县| 大英县| 来凤县| 大埔区| 鹤山市| 稷山县| 虎林市| 兴国县| 合作市| 武功县| 密山市| 合肥市| 宜兰县| 正镶白旗| 三河市| 乌鲁木齐县| 霍林郭勒市|