Financial Results | Egypt Oil & Gas - Part 3

Al-Hamra Port Receives 74 mmbbl of Oil in FY 2024/2025: WEPCO Chairman

Al-Hamra Oil Port in Al-Alamein city received and handled 74 million barrels (mmbbl) of oil during fiscal year (FY) 2024/2025, said Ibrahim Massoud, chairman of the port’s operator, West Desert Petroleum Company ( ...

Abu Qir Fertilizers Revenue Up 24% in 2024/2025

Abu Qir Fertilizers and Chemical Industries posted a 31% decline in its net profit for the fiscal year ending in June 2025 compared to the previous year to settle at EGP  9.34 million, according to a statement sen ...

ADNOC Distribution’s Net Profit Up 12% in H1 2025 YoY

ADNOC Distribution financial results of H1 2025 showed growth in its net profits by 12% year-on-year (YoY) to $358 million. The company also achieved the highest earnings before interest, taxes, depreciation, and ...

Shell Posts $11.9bn in Cash Flows in the 1Q2025

Shell, the British oil giant, recorded $11.937 billion in Cash Flows
From Operations (CFFO) in the first quarter of 2025, compared   $9.281 billion in the same quarter of 2024," reflecting strong operational ...

TotalEnergies Hydrocarbon Production Increases 1% H1 2025

TotalEnergies' hydrocarbon production increased by 1% to 1,966 barrels of oil equivalent per day (boe/d) during the first half (H1) of 2025 compared to 1,956 boe/d in H1 2024. The company's liquid production in H1 ...

SLB’s Revenues Record $8.55bn in Q2 2025

SLB recorded revenues of $8.55 billion in its financial results for Q2 2025, increasing 1% from Q1 2025 after reaching $8.490 billion, despite a 6% decrease Year-on-Year (YoY).

EDC Drills 200 Wells in 2024, Targets Expansion in New Markets

The Chairman of the Egyptian Drilling Company (EDC), Osama Kamel, revealed that the company was able to drill 200 new wells and repair over 600 in 2024. He showcased the company's performance, noting that it added ...

Aramco’s net profit fell by 4.6 % in Q1 2025

Saudi oil giant Aramco reported a 4.6 % decline in its net profits during the first quarter (Q1) of 2025 to reach $26 billion. The retreat in profits came on the back of increased capital expenditures, which incre ...

ADNOC Gas’ Net Income Grows 7% YoY in Q1 2025

ADNOC Gas plc, one of the affiliated companies of the Abu Dhabi National Oil Company (ADNOC) and a world-class integrated gas processing and sales company, announced that it achieved increase in its net income by ...

ExxonMobil posts a 7% drop in profits, a cash flow of $13 billion in Q1 2025

ExxonMobil Corporation announced its financial results for the Q1 2025 in which it achieved earnings amounts to $7.7 billion compared to $7.6 billion in Q4 2024 and $8.2 billion in Q1 2024.

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