For Free Headlines Submit Your Email
Saturday, October 3, 2026 22:5 GMT
Capricorn Energy’s Egyptian operations reported a 300% year‑on‑year increase in the first half of 2026, with profits rising to US$36 million on US$100 million in revenue. Overall, the company also swung to a US$24.1 million profit, compared with a US$6.5 million loss in the same period of 2025. Capricorn is a cash flow-focused energy producer with a portfolio of onshore development and production assets in Egypt’s Western Desert. The company’s Egyptian assets are operated through Badr El Din...More