KMG profit slumps 16% in Q2 2012

    KazMunaiGas Exploration Production (KMG), the London-listed unit of Kazakhstan's state-owned energy company, said profit slumped 16% in the second quarter 2012 compared to 2011 as output and global oil prices declined.     Net income dropped to 46.2 billion tenge ($309 million) from 55.3 billion tenge a year earlier, KazMunaiGas EP said in...