Russian oil producer OAO Lukoil Holdings on Wednesday declared its first-quarter net profit slipped 71% from a year earlier, hurt by a dip in crude prices. For full story, click here
Continue reading "Lukoil has returned to a profit amid higher crude prices"
Wednesday, May 20, 2009
Crude oil output by LukOil Group surged by 3.2 percent y-o-y to 1.976 million barrels per day. For full story, click here
Continue reading "LukOil crude oil output surged 3.2%"
Friday, August 29, 2008
OAO Lukoil, Russia’s biggest independent oil producer, reported that second-quarter profit jumped by 64 percent as crude prices rose and company refined higher quantities of oil. Artyom Konchin, oil and gas analyst at UniCredit Aton in Moscow, said: Lukoil’s sudden tendency to underperform will definitely weigh on the stock, especially considering that the second quarter [...]
Continue reading "Lukoil Second-Quarter Net increased 64%"
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Saturday, June 6, 2009