Mohamed Awad, PetroSilah Petroleum Company Chairman and Managing Director, reviewed the company’s performance highlights during the past fiscal year (FY) 2025/26, including achieving 8.5 million safe working hours, fu...
Dana Gas’ Egypt oil production rose to 13,300 barrels of oil equivalent per day (boe/d) in the first half (H1) of 2026 marking a 7% year-on-year (YoY) hike compared to its level a year earlier. Also, its latest drilli...
British Petroleum (bp) reported an underlying replacement cost (RC) profit of $5.73 billion for the second quarter (Q2) of 2026, up 144% year-on-year (YoY), according to a press release by bp. Replacement cost profit ...
Shell reported $6.9 billion in adjusted earnings for the first quarter (Q1) of 2026, a significant increase from $3.3 billion in the previous quarter, according to a statement by the company. This metric reflects the ...
Norway Equinor posted record results in the first quarter (Q1) of 2026 with adjusted operating income of $9.77 billion, up from $8.65 billion in Q1 2025. This comes as Equinor delivered record-high production in Q1, ...
Egypt Gas recorded a net profit after tax of EGP 321.8 million in 2025, marking 11% increase from 2024. This came on the back of a 20 % increase in the company’s revenues during the same period to stand at EGP...
Oilfield services giant Halliburton recorded a net income of $461 million, or $0.55 per diluted share, for the first quarter (Q1) of 2026, more than doubling the $204 million reported in Q1 2025, the company announced...
TotalEnergies, the integrated multi-energy company, anticipated a sharp rise in first‑quarter (Q1) of 2026 earnings, driven by strong trading results, higher upstream output, and increased oil sales amid elevated pric...
Valmore Holding, previously known as Egypt Kuwait Holding, reported its financial results for the fiscal year (FY) 2025, with revenues rising 24% year-on-year (YoY) to $685 million. Consolidated earnings before intere...
Pharaonic Petroleum Company (PhPC) achieved production of 76,000 barrels of oil equivalent (boe/d) during the first half (H1) of fiscal year (FY) 2025/26. PhPC Chairman Hossam Zaki revealed that this output comprised ...