capital expenditure | Egypt Oil & Gas

ASCOM Reports Surge in 2025 Revenues

ASEC Company for Mining (ASCOM), a regional mining company, reported net profits in both its standalone and consolidated financial statements for the fiscal year ended December 31, 2025.

Kenya to Cut Power CAPEX

Kenya Power expected capital expenditure to fall 16% in its current financial year as it spends less on maintaining its grid. The company said capital expenditure was likely to fall to $9.9m in its financial year to ...

US Drillers to Cut Capital Spending by 30%

A group of 44 US oil and gas drillers will need to cut their capital budgets by an additional 30% to balance their lowered income, according to an analysis by IHS Inc.

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