Surgut Posts Record First-Half Profits

摘要

Surgutneftegas, Russia’s fourth-larg- est crude oil producer, reported sig- nificant net profit growth in the first six months of 2020 versus a net loss in the same period last year. The se- cretive company’s profits were strongly impacted by foreign ex- change fluctuations, which also helped it to substantially increase its famous cash pile.