Profits | Egypt Oil & Gas - Part 4
Dana Gas Projects in Egypt Continuing Despite Oil Price Crunch
Sharjah-based Dana Gas reported lower sales and profit in the first quarter, as cost-cutting wasn’t enough to mitigate the effects of lower oil and gas prices, but senior executives see improvements ahead.
Job Cuts, Profit Losses Hit Oil Sands Industry in Canada
Suncor Energy Inc., Canada’s largest oil company, reported a first-quarter loss after crude prices plunged to the lowest since 2009.
Italy’s Eni Posts Better Than Expected Profits for First Quarter
Eni SpA first-quarter profit beat analyst estimates as improved performance at its refining and gas businesses and a lower tax rate helped Italy’s largest oil company offset lower crude prices.
Oil Prices Narrowing UAE Profit Margins for All Sectors
Mubadala, an Abu Dhabi state-owned fund with a mandate to develop the emirate's economy, on Thursday said its 2014 net profit fell 28.7% due to lower income from financial investments and impairments on oil and gas a ...
Bahrain’s GPIC Keeps Profits Up, Carbon Emissions Down
Bahrain-based Gulf Petrochemical Industries Company (GPIC) yesterday (March 21) reported a net profit of $190.2 million for last year.
Oil Slump and Geopolitics Hit Dana Gas
Dana Gas, citing falling oil prices and geopolitical issues, reported on Thursday a 19.8% in net profit of $125 million (Dh457 million) for 2014 compared to $156 million a year earlier. Novatek profits up 44%
Russia's biggest independent natural gas producer Novatek has raised its net profit attributable to shareholders by more than 44% to $1.9 billion in 2011 from 2010's $1.31 billion. 
