BP announced that it recorded a drop in its underlying replacement cost profit for Q1 2020 to $800 million, down from $2.4 billion in the same period in 2019.

Egypt Gas net profits reached EGP 8.927 million, after recording EGP 13.54 million losses during the same period in 2018.

Saudi Basic Industries Corporation (SABIC), one of the largest chemical producers in the world, announced a decline in its profits for the Q4 of 2018 because of the drop in average selling prices.

E.ON, Germany's largest utility, reported an 8% rise in first-quarter core earnings, after the group secured better gas prices from Russian supplier Gazprom.

Enppi's Chairman and CEO, Engineer Imam El-Said, announced that the company's profits have increased in 2015 by 19% to reach EGP 570m in comparison to the year before.

US energy giant Chevron said it was further cutting spending plans for 2016-2018 to address low oil and natural gas prices that are hammering its profits. The company will also slash 10% of its workforce in 2016.

Alpha Group of Companies Chairman/CEO Sheikh Mohamed Bayorh and senior executives from leading prominent companies in UAE welcomed the Nigerian Minister of State Petroleum Resources, Honorable Emmanuel Kachikwu this week at the Burj Al Arab.

UAE-based Dana Gas announced a $7.6m loss in the third quarter of 2015. The company operates mostly in Egypt and Iraq.

The UAE’s Dana Gas reported third quarter gross revenue of $93m as compared to $174m and an overall net loss of $9m.

Abu Dhabi National Energy Company (Taqa) posted a net loss in the third-quarter as revenues were hit by weak oil prices.