Performance

  • BP to Hit $35 B Net Debt Target Ahead of Schedule

    BP to Hit $35 B Net Debt Target Ahead of Schedule

    Tuesday, 6th April 2021

    BP expected to hit $35 billion net debt target including the delivery of sale proceeds and performance in the Q1 of 2021, according to BP’s press release.

  • Unified Government Complaints System Delegation Praises MoP’s Performance

    Unified Government Complaints System Delegation Praises MoP’s Performance

    Thursday, 8th October 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met a delegation from the Government Unified Complaints System which praised the ministry’s performance for its immediate response for any received complaint through it.

  • Egypt Drills Natural Gas Exploration Wells Worth $314 Million in 2019/20

    Egypt Drills Natural Gas Exploration Wells Worth $314 Million in 2019/20

    Sunday, 31st May 2020

    A report received by the Minister of Petroleum and Mineral Resources, Tarek El Molla indicated that Egypt has drilled exploration wells of natural gas during the current fiscal year (FY) of 2019/20 with totals investments of  $314 million. According to the report, ten wells have already been drilled in addition to one well is in progress.

  • South Africa’s Sasol Expects its Q1, Q2 Profit to Fall 28%

    South Africa’s Sasol Expects its Q1, Q2 Profit to Fall 28%

    Monday, 1st February 2016
    South Africa's Sasol, the world’s biggest producer of liquid fuels from coal, announced that it expected its half-year earnings to drop by up to 28%, adding that lower oil and chemical prices could further hurt its overall performance this year.