BP Raises Dividend, Announces Buyback Program
Net debt dropped to $32.7 billion. BP declared it would start a $1.4 billion payback from its H1 surplus cash flow.
profit | Egypt Oil & Gas - Part 3
Ministry of Finance to Receive 25% of Gas Market Regulatory Authority’s Profits
The Ministry of Finance will receive 25% of the Gas Market Regulatory Authority’s profits, while the remaining 75% will belong to the regulator.
AMOC to Delay IPO: Government Official
Alexandria Mineral Oils Company (AMOC) will delay its initial public offering (IPO) on the Egyptian Exchange Market (EGX) after the company posted lower-than-expected profits.
Maridive Profit Increases by 24.4% in 9 Months
Maridive Group's total financial statements revealed that the company's profit increased by 24.4% during the first nine months of 2018, compared to the previous year.
Egypt Gas Seeks 8% Profit Growth in 2019
Egypt Gas Company is seeking an 8% profit increase to EGP 26.57 million by the end of 2019, up from EGP 24.57 million currently.
AMOC Posts EGP 1.48B Profit in 2017/18
Alexandria Mineral Oils Company (AMOC) posted profits of EGP 1.48 billion in fiscal year (FY) 2017/18, a 35% increase from the EGP 1.1 billion profit posted in FY 2016/17.
Egypt Gas Announces Q1 Losses
Egypt Gas Company has announced pre-tax losses of EGP 12 million in Q1 2018.
Petrojet Profits Exceed EGP 23 B in 2017
The Petroleum Projects and Technical Consultations Company (Petrojet) recorded profits of EGP 23 billion during 2017, a 91% year-on-year (Y.o.Y) increase.
Egypt Gas Shareholders Approve Dividend Payouts
Egypt Gas's general assembly has authorized the company to pay out dividends of EGP 1 per share.
ADES Announces 17.5% Annual Revenue Growth
The Advanced Energy Systems company has announced revenues of $157.6 million in 2017, a 17.5% year-on-year increase from 2016.
