Oil & Gas

Segment Oil & Gas (photo)

We focus on exploration and production in oil and gas-rich regions in Europe, North Africa, Russia, South America and the Middle East. Together with our Russian partner Gazprom, we are active in the transport of natural gas in Europe. At the end of the third quarter of 2015, we exited the natural gas trading and storage business previously operated together with Gazprom and, in exchange, are expanding our oil and gas production in western Siberia.

Key data Oil & Gas (in million €)

 

 

2015

2014

Change in %

Sales

 

12,998

15,145

(14)

EBITDA

 

2,587

2,626

(1)

Income from operations before special items

 

1,366

1,795

(24)

Income from operations (EBIT)

 

1,072

1,688

(36)

Net income

 

1,050

1,464

(28)