GASCO’s GA Approves Authorized Paid-up Capital Increase

• Tuesday, 7th November 2023
• by Sarah Samir

The company's general assembly approved an increase in the authorized, issued and paid-up capital, and amending Article 3 of the company's bylaws to add activities related to hydrogen, and the separation and trans ...

ExxonMobil Announces $7.9B of Earnings in Q2 2023

• Tuesday, 1st August 2023
• by Sarah Samir

ExxonMobil Corporation announced achieving earnings of $7.9 billion in Q2 2023. Meanwhile, the company’s exploration expenditures and capital recorded $6.2 billion during Q2 and $12.5 billion for the first half of ...

Shell to Write Off Up to $5B After Exiting Russia

• Thursday, 7th April 2022
• by Fatma Ahmed

Shell announced that it will write off up to $5 billion after announcing its decision to exit Russia.

Kuwait Sets $155 Billion Capital for Five Year Development Plan

• Monday, 12th January 2015
• by Egypt Oil & Gas

The Kuwaiti government has set capital spending in the five-year development plan starting in April at KD 45.5 billion ($155 billion), a majority of which will be spent on projects and development of human resources, ...

Citadel Capital Portfolio Company Divests Offshore Gulf of Suez Asset

• Tuesday, 18th December 2012
• by Egypt Oil & Gas

Citadel Capital, the leading private equity firm in the Middle East and Africa with US$ 9.5 billion in investments under control, confirmed portfolio company National Petroleum Company Egypt Ltd. (NPC Egypt) has dive ...