profit | Egypt Oil & Gas

bp Announces $2.6B in Underlying RC Profit in Q2 2023

BP has announced its performance results for the second quarter of 2023. The company said it has achieved Underlying replacement cost profit* $2.6 billion in Q2 and $2.56 billion in H1 of 2023.

Egypt Gas Makes EGP 93.85M in Net Profits During Q1 2023

Egypt Gas reported around EGP 93.85 million in net profits after taxation for Q1 2023, compared to around EGP 75.89 million during the same period of 2022.

Japan’s Osaka Anticipates Profit Jump in FY2023/2024 After Freeport LNG Resumption

Osaka, the Japanese gas company based in Osaka, anticipated that after the resumption of Freeport LNG's export plant, which was shut down after a fire in June 2022, its net profit will double to 116 billion yen ($ ...

bp’s Profits Reach $5B in Q1 2023, Shares Decline

bp made $5 billion profit in the first quarter of 2023 while the company’s shares fell as it slowed a share buyback program.

Equinor Achieves Record Profits for 2022

Equinor's announced that it made record net profits of up to $28.7 billion compared to $8.6 billion a year earlier.

ExxonMobil Sets Historic Record for Western Oil Industry in 2022

Exxon Mobil Corp, which earned roughly $6.3 million per hour in 2018, reported a $56 billion net profit for 2022, breaking both a company record and achieving a historic high for the Western oil industry, Reuters ...

TotalEnergies Achieves Profits of $9.9B in Q3

TotalEnergies reported a substantial increase in net profit for the third quarter compared to the same period last year, joining other energy titans in the sector in benefiting from higher oil and gas prices, albe ...

Dana Gas Net Profits Leap by 125% YoY

In its quarterly report, Dana Gas, the Middle East's largest natural gas company, announced that its net profit increased by 125% in Q1 2022, reaching $54 million or 2.8 fils per share, compared to $24 million or ...

Petromaint Profits in 2021 Reach EGP 465 million

The company’s for 2021 achieved a historical leap, as the volume of the company’s contracts amounted to EGP 6 billion, with a growth rate of 35% compared to 2020. The volume of the company’s revenues for 2021 reac ...

Enppi’s Net Profits Increased by 22% in 2021

Engineering for Petroleum & Process Industries Company (Enppi) Chairman Mohamed Abdel Aziz announced that in 2021 the company achieved an increase in net profit by 22%, compared to last year.

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