“The Lord sent us extra oil”
Rosneft began to operate at a loss Russia's largest oil company, Rosneft, suffered financial losses in the fourth quarter. According to RAS reporting, its loss amounted to 65 billion rubles. During the year, the company received 141.4 billion rubles. net profit is 12.8% less than last year. However, according to the GAAP standard, which gives a clearer picture of its financial position, Rosneft's profit for 2008 amounted to $11 billion.