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.
Growth | Egypt Oil & Gas - Part 2
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 ...
ADNOC Distribution Records Net Profit of AED 631 million in Q1
ADNOC Distribution company announced that it has achieved net profit worth AED 631 million during Q1 of 2021 including Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of AED 740 million.
ADNOC Distribution Achieves 2020 Growth Strategy
ADNOC Distribution announced that it managed to achieve its growth strategy during 2020 by increasing its services station network and modernizing its ADNOC Oasis convenience stores.
China’s Oil Throughput Decreases to 14.9 mmbl/d in December
Chinese oil productivity has gradually declined by 0.5% reaching 14.9 million barrels per day (mmbl/d) in December 2020 after recording a high in November. While the country’s total crude proceeded during 2020, ju ...
Asian Gas Oil Demand to Grow in 2021
The Asian gas oil demand is expected to grow in 2021 driven from expectations of increase in the consumption especially during the second half of the year.
Saudi Mining Sector Increases 3.1% During Q1 2020
Saudi Mining Sector has achieved growth 3.1% during the Q1 of the current year despite the exceptional circumstances of Coronavirus pandemic.
Egypt’s Growth to Reach 4.5% in 2017/2018
Egypt’s growth has been forecasted to increase to 4.5% during fiscal year (FY) 2017/2018, compared to 4.2% in FY 2016/2017, due to the ongoing economic reforms and the developed business climate.
IMF Cuts Nigeria’s Growth Forecast to 2.3% in 2016
The International Monetary Fund (IMF) cuts again its growth forecast for Nigeria as the oil exporter faces "substantial challenges" due to low crude prices.
