Growth | Egypt Oil & Gas

ADNOC Distribution Records 16% Profit Growth YoY during Q1 2025

ADNOC Distribution, one of Abu Dhabi National Oil Company (ADNOC) subsidiaries and the UAE’s largest fuel and convenience retailer, reported a growth in its net profit by 16%, to reach $174 million during Q1 2025, ...

ADNOC Drilling Records 32% Increase in the Revenue in 2024

ADNOC Drilling announced that the full-year revenue increased significantly to a record $4.034 billion, rising by 32% year-on-year and its full-year EBITDA reached a record high of $2.01 billion, up 36% year-on-ye ...

CEC Aims for 15% Annual Export Growth

Egypt's Chemical and Fertilizers Export Council (CEC) is scheduled to present, during the upcoming meeting of the Prime Minister with the heads of export councils during the coming period, its own vision for achie ...

Centamin Announces Second Year of Reserve Growth at Sukari

Centamin has announced the second year of reserve growth at Sukari, driven by a 33% increase in underground reserves.

OPEC Sticks to Its Strong Oil Demand Growth Forecasts for 2022, 2023

OPEC maintained its predictions for strong growth in global oil demand in 2022 and 2023, citing indications that major economies were performing better than anticipated despite challenges including rising inflatio ...

Bahrain to Import LNG To Meet High Demand 

Bahrain disclosed that it seeks to import at least five or six cargoes of liquefied natural gas (LNG) in 2025 toml meet the rising demand of energy with the start of the summer.

NISOC Production Grows by 600,000 bbl/d During Raisi Administration 

The CEO of the National Iranian South Oil Company (NISOC) announced that its fields' production has grown by 600,000 barrels per day (bbl/d) under the Raisi administration.

EMC Business Grows By 118% in 2021

Egypt Maintenance Company (EMC) announced that it has achieved a high growth in its business  worth EGP 14. 4 billion during 2021 increasing by 118% from the previous year.

Egypt’s Petrochemicals Revenues Grow by 50% in FY 2020/21

Fitch Solutions announced that Egypt's petrochemical production has reached 3.34 million tons during the fiscal year (FY) 2020/21, achieving 50% growth in its revenues on an annual basis.

Iran’s Petrochemical Production Grows by 8% in Six Months

The production control manager of the Iranian National Petrochemical Company (NPC), Seyed Jalal Mirhashemi, announced that Iran has achieved growth in its petrochemical production reached 8% year on year (YoY) dur ...

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