Russia's Lukoil to cut 2015 capex by around 10 pct - CEO
January 22, 2015 at 07:57 AM EST
DAVOS, Jan 22 (Reuters) - Lukoil, Russia's second largest oil producer, plans to cut its capex by around 10 percent or $1.5 billion in 2015 by limiting downstream spending and putting new hires on hold, Chief Executive Vagit Alekperov said on Thursday.
