Saudi Basic Industries Corp (SABIC) has reported solid performance for the first quarter despite current market uncertainties, with its revenue surging to hit $10.6 billion. During the first quarter, SABIC announced several strategic agreements and developments that helped in continuing the company’s progression towards being the preferred world leader in chemicals. Last month, SABIC Agri-Nutrients […]
Earnings
Posted inDownstream, Earnings
ADNOC Distribution reports AED 1.56 billion H1 net profit
The company accelerated delivering on its growth strategy throughout the first half of the year, with the opening of 12 new stations in the UAE
Posted inEarnings, DRILLING & PRODUCTION
Big Oil, US shale companies report bumper second-quarter profits
Soaring energy prices and strong demand recovery has boosted Big Oil’s profits, which have exceeded estimates
Posted inExploration & Production
Chevron swings to profit after three consecutive quarterly losses
The company was able to increase its dividend on a return to profit