Maersk Oil back in the black
One of the most turbulent years for Maersk Group's energy activities has resulted in a positive bottom line. However, the group is still struggling and the chairman of 14 years is stepping down.
Maersk Oil has booked a positive result of USD 477 million (EUR 447 million) in 2016 which is a solid improvement compared to the previous year, according to the company's annual report which has just been released.
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