loss

  • Egypt Gas Announces Q1 Losses

    Egypt Gas Announces Q1 Losses

    Wednesday, 16th May 2018

    Egypt Gas Company has announced pre-tax losses of EGP 12 million in Q1 2018.

  • Saudi Tasnee Records $27.7m Profit in Q2

    Saudi Tasnee Records $27.7m Profit in Q2

    Tuesday, 26th July 2016
    Saudi Arabia's National Industrialization Co (Tasnee) said it hit a net profit in Q2 as opposed to analysts' forecasts, bringing a run of five straight losses to an end.
  • Saudi PetroRabigh Q2 Profit Slumps 79%

    Saudi PetroRabigh Q2 Profit Slumps 79%

    Monday, 25th July 2016
    Saudi Arabia's Rabigh Refining and Petrochemical Co. (PetroRabigh) witnessed a decline in its Q2 net profit standing at 79.6% due to the decrease in petrochemical prices and refinery margins.
  • Angola Marks Loss of 60,000 Oil, Civil Engineering Jobs

    Angola Marks Loss of 60,000 Oil, Civil Engineering Jobs

    Wednesday, 15th June 2016
    Angola has lost some 60,000 jobs in the past 12 months due to the economic crisis triggered by the falling international oil prices.
  • Abu Dhabi’s Taqa Posts Q1 Loss Hurt by Low Oil Prices

    Abu Dhabi’s Taqa Posts Q1 Loss Hurt by Low Oil Prices

    Thursday, 12th May 2016
    TAQA reported a first-quarter net loss hurt by low oil prices. The company, majority-owned by Abu Dhabi's government, reduced its first-quarter revenue by 24% following a 43% drop in the price it sold its oil and gas.
  • Spain’s Repsol Cuts Dividend to Keep Investment Grade

    Spain’s Repsol Cuts Dividend to Keep Investment Grade

    Tuesday, 1st March 2016
    Spain’s largest oil company, Repsol, lowered its dividend after revealing a $2.2b quarterly loss. The group reported a $1.4b net loss for 2015 and it is the third time in less than six months that Repsol has taken steps to prop up its finances and protect its credit rating.
  • State-Owned Gas Company Loses EGP 17.3m

    State-Owned Gas Company Loses EGP 17.3m

    Monday, 18th May 2015
    Government-owned natural gas projects company Egypt Gas has registered EGP 17.3m losses in the first quarter (Q1) of 2015, compared to EGP 73.1m recorded profits in Q4 2014, the company announced on Sunday.