MOSCOW: Vagit Alekperov, the CEO of Russia’s No.2 oil producer Lukoil, told Russian state TV broadcaster Rossiya-24 in an interview aired on Tuesday that Lukoil’s investment programme for 2017 based on the oil price of $40 per barrel. He also said Lukoil’s oil production in Russia seen flat, at 84-85 million tonnes, in 2017-18, while 2016 net profit could decline from 2015 by 35-40 percent. A Lukoil spokesman said the interview was taken a few weeks ago.
lamic banking assets reach Rs14.47 trillion, sector share rises to 23%
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
