Profits | Egypt Oil & Gas

Russia’s Oil, Gas Budget Revenues Fell by Amost 36% y/y in May  

The lower profit-based oil tax has caused Russia’s federal budget revenues from oil and gas, the backbone of the economy, to decrease roughly by 36% in May, compared to the same month last year, according to the R ...

ExxonMobil Makes Profits of $19.7B for Q3 2022

Exxon Mobil Corporation reported earnings of $19.7 billion for the third quarter of 2022, or $4.68 per share assuming dilution. The third-quarter results included one-time advantages from tax and other reserve adj ...

Shell Makes $9.5B in Profits, Plans to Increase Dividend

Shell reported third-quarter profits of up to $9.45 billion, easing from the previous quarter's record high due to lower refining and gas trading, as it declared plans to dramatically increase its dividend by year ...

ExxonMobil Indicates Strong Q3 Earnings on Natural Gas Pricing

According to a securities filing, ExxonMobil indicated strong third quarter operating profits following the previous quarter's all-time record as gains from natural gas offset weaker refining and chemicals, Reuter ...

AMOC Scores 262% Increase in Net Profits in FY 2021/22

Alexandria Mineral Oils Company (AMOC) Chairman Amr Lotfy announced that his company’s profits have increased by 262% during fiscal year (FY) 2021/22, recording EGP 1 billion compared to EGP 399 million in the las ...

HF Sinclair’s Remarkable Profit Growth Defies Wall Street’s Expectations

HF Sinclair's growth for the second quarter sped way ahead of Wall Street projections due to strong demand for fuel and refined products, Reuters reported.

G7 May Restrict Russian Oil Shipments

If Moscow doesn't heed a price cap, the wealthy nations of the Group of Seven (G7) are considering, among other things, restricting the shipping of Russian oil to deprive Moscow of bumper revenues during its invas ...

Petromaint’s Profits Reach EGP 126.6M in Q1 2022

Alexandria Petroleum Maintenance Company (Petromaint) announced that it has achieved total profits from its operations reaching EGP 126.6 million during Q1 2022, compared to EGP 77.81 million during the same perio ...

Shell to Dedicate Profits from Russian Oil Trade to Fund Ukraine Humanitarian Aid

Shell company announced that it will put profits from any Russian oil it purchases into funding humanitarian aids to Ukraine.

Aramco Hits a Leap of 30% in Income in Q1 2021

Hitting a total of $21.7 billion in Q1 2021, Saudi Aramco recorded a 30% net income increase year-on-year (YoY) compared to Q1 2020 when the company witnessed net income of $16.7 billion.

Page 1 of 4


Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password