Revenue | Egypt Oil & Gas
ADNOC Drilling Records 32% Increase in the Revenue in 2024
ADNOC Drilling announced that the full-year revenue increased significantly to a record $4.034 billion, rising by 32% year-on-year and its full-year EBITDA reached a record high of $2.01 billion, up 36% year-on-year. ...
TAQA Arabia Announces Strong 2024 Results, Driven by Growth Across All Divisions
TAQA Arabia, Egypt’s leading private sector energy group, announced exceptional financial results for the year 2024, demonstrating resilience and robust growth despite a complex operating environment. The compan...
ERC Contributes c.90% to Qalaa’s Total Revenue in FY 2023
The Egyptian Refining Company (ERC) has contributed c.90% to Qalaa Holding’s total revenue during the financial year ending 31 December 2023 (FY 2023). Yet, ERC’s refining margins in FY 2023 saw a notable declin...
ERC Contributes 74% to Qalaa’s Total Revenue in Q3 2023
The Egyptian Refining Company (ERC), which is a subsidiary of Qalaa Holdings Company, has contributed 74% to Qalaa Holdings‘ total revenue during Q3 of 2023. ERC’s refining margins decreased during the quarter, ...
Cheniere Energy’s Revenues Increase Significantly as LNG Demand Skyrockets
The largest U.S. exporter of liquefied natural gas (LNG) Cheniere Energy announced that its third-quarter LNG income has more than doubled due to increased demand following Russia’s invasion of Ukraine, Reuters ...
Dana Gas Increases Production by 2% YoY
Dana Gas’s total production has averaged around 64,900 barrels of oil equivalent per day (bbloe/d) indicating a 2% increase compared to 63,650 bbloe/d in Q1 2020, according to a press release. The company’s production...
NOC Announces Revenues of $1.093 B for March
Libya’s National Oil Corporation (NOC) has announced revenues totalling $1.093 billion in March, according to a press release. Oil exports dropped 92.3% and oil products also decreased to zero in March as a result of ...
Libya’s Oil Revenues Decline to $1.3 B in Q1
The Central Bank of Libya announced that the total Libyan oil revenue recorded $1.3 billion in Q1 2020, Reuters reported. This decline in the revenue came as a result of the blockade imposed by the forces in Eastern L...
