Lukoil to chop 2015 investments

Lukoil is to chop its investment expenses next year by up to a quarter as the Russian oil giant reacts to the current “macroeconomic situation” of depressed oil prices and western sanctions against the country.

Investment expenses to be cut: At Vagit Alekperov-led Lukoil in 2015
Investment expenses to be cut: At Vagit Alekperov-led Lukoil in 2015
Published 21 November 2014, 15:55Updated 21 November 2014, 15:57
Eastern EuropePolitics