Financial Times | Rosneft's profit for 2016 plunges amid low oil prices Financial Times Profit in the fourth quarter of 2016 came to Rbs52bn roubles, down 2 per cent compared to the same period one year earlier, in spite of a surge in revenue fuelled by the acquisition of smaller Russian oil producer Bashneft, which Rosneft bought in ... Russia increases involvement in Libya by signing oil deal |