Russian mid-sized oil firm Bashneft’s fourth quarter 2010 net profit soared 106 percent compared to the previous quarter to $570 million to IFRS, the company said on Friday. Fourth quarter revenue increased 2.5 percent to $3.595 billion, whilst revenue for the year 2010 jumped 97 percent to $13.341 billion. Fourth quarter OIBDA increased 46 percent […]