Profits tumble for Lukoil

Lukoil saw its profits plunge in the first quarter on low oil prices as the Russian oil giant also revealed it had cut the price of an earlier agreed asset sale with China’s state-run Sinopec.

Profits hit: Lukoil chief executive Vagit Alekperov
Profits hit: Lukoil chief executive Vagit Alekperov
Published 10 June 2015, 12:21Updated 17 October 2016, 12:59
Eastern Europe