Performance | Egypt Oil & Gas

Shell Posts $6.9 Bn Adjusted Earnings in Q1 2026

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 ...

Equinor Records 9% Production Surge, Renewables Output Jumps 29% in Q1

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 ...

Egypt Gas Records 20% Surge in 2025 Revenues

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 9 ...

Halliburton Doubles Net Income to $461 Mn inQ1 2026

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 annou ...

TotalEnergies Expects Q1 Earning Rise in 2026

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 ...

Valmore Holding Revenues Grow 24% YoY in 2025

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 in ...

PhPC Average Production Reach 76,000 boe/d during H1 2025/26

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 compri ...

Sukari gold Produces 500,000 ounces in 2025

The total production of the Sukari gold mine in 2025 came at 500,000 ounces, compared to 481,000 ounces in 2024, driven by higher ore throughput and improved equipment availability. The total cost of production is ...

ADNOC Gas Reports Record $5.2 Billion Net Profit in 2025

ADNOC Gas plc posted a record net profit of $5.2 billion (AED 19.10 billion) in 2025, marking a 3% increase from the previous year. This growth was driven by a 4% rise in sales and, according to the company’s pres ...

SIDPEC Reports Marginal Increase in Sales in 2025

Sidi Kerir Petrochemicals Company (SIDPEC) announced a 1.84%  year-on-year (YoY) increase in total sales for the fiscal year ending December 31, 2025, to reach EGP 14.413 billion, according to the company's releas ...

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