FY 2024 results | Egypt Oil & Gas

SIDPEC Net profits Surge to EGP 2.5B in 2024 Despite Global Challenges

Sidi Kerir Petrochemicals Company (SIDPEC) generated an outstanding net profit of EGP 2.539 billion in 2024, a 3% increase from last year, despite global economic and geopolitical challenges. The General Assembly ...

EKH Reports Robust FY 2024 Results with $642M Revenue Surge

Egypt Kuwait Holding (EKH) has announced its fiscal year (FY) results for 2024, revealing a $642 million rise in revenues, a 40% growth in gross profit margin and a 39% increase in earnings before interest, taxes, ...

Egypt Gas Strengthens Regional Presence in 2024, Plans 15% Annual Growth

Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Egypt Gas Company to approve and discuss its fiscal year results for 2024, praising its past years achievements acr ...

Cargas Oil Sales Surge 54%, Converts 258,000 Vehicles to Natural Gas

Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Natural Gas Vehicles Company (Cargas) to review its fiscal year results in 2024, reaffirming the ministry’s full su ...

EPSCO Achieves Zero Work Injuries, Conducts 22 Safety Awareness Sessions in 2024

Minister of Petroleum and Mineral Resources Karim Badawi emphasized that workforce development is pivotal to the petroleum sector’s success and urged continued prioritization of occupational health and safety in t ...

PMS Achieves $262.7M in Revenues While Strengthening Regional Cooperation

PMS (Petroleum Marine Services) showcased remarkable achievements in 2024, including a record $262.7 million in revenue driven by its strategic focus on deep-water projects, regional cooperation, and operational e ...

MIDOR Achieves 63% Net Profit Surge in 2024, Boosting Production

The Chairman and CEO of MIDOR, Amr Lotfy, reported a 63% increase in net profit after tax, amounting to $129 million in 2024. This came during the general assembly meeting of the Middle East Oil Refinery (MIDOR), ...

Petrotrade Reviews 2024 Results, Pushes to Boost Energy Transition, Efficiency

Minister of Petroleum and Mineral Resources Karim Badawi emphasized the sector's commitment to providing excellent civil services to citizens, most notably the provision of natural gas to homes.

Badawi Reviews Business Performance of Egyptian Fajr Natural Gas Company for 2024

Minister of Petroleum and Mineral Resources Karim Badawi presided over the general assembly meeting of the Egyptian Fajr Natural Gas Company to review its fiscal year results for 2024.

MIDTAP Achieves Unprecedented Growth in Petroleum Trading, Zero Accidents, Injuries in 2024

Minister of Petroleum and Mineral Resources Karim Badawi attended the General Assembly meeting of the Middle East Oil Tankage & Pipelines (MIDTAP) company to discuss its 2024 performance. 

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