Lukoil profit drops 39 percent after impairments, oil-price slump
04.03.2015
OAO Lukoil said profit fell 39 percent last year as crude prices slumped and Russia’s second-largest oil producer reported asset impairments from Kazakhstan to West Africa.
Net income dropped to $4.75 billion from $7.83 billion in 2013, the Moscow-based company said in an e-mailed statement on Tuesday. Impairments of $2.34 billion...