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.
Profits | Egypt Oil & Gas - Part 2
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.
Petromaint’s Profits Leap 24% in 2020
Petromiant company has announced that its net profit increased by 24% for the first time during 2020.
BP Profits Drop to $0.8 B in Q1 2020
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 Reach EGP 8.93 M in Q1 2019
Egypt Gas net profits reached EGP 8.927 million, after recording EGP 13.54 million losses during the same period in 2018.
SABIC Q4 Profits Decline Due to Low Prices
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.
