Angola’s national diamond trading company, Sodiam sold 8.4 million carats of diamonds in 2018, which accounted for revenue of US$1.22 billion, a company executive said on Tuesday in Luanda.
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(Bloomberg) – The crude market had its worst quarter in four years but you wouldn’t be able to tell by looking at Big Oil’s stellar earnings numbers.
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French energy giant and LNG player Total saw its 2018 adjusted net profit climb 28 percent during the year 2018.
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Anadarko Petroleum’s adjusted profit surged 74 per cent in the December quarter, as it sold more oil at higher prices.
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BP Plc joined its Big Oil peers by giving investors a positive surprise, exceeding profit estimates and earning better returns than its closest European rival as reported by Bloomberg.
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Exxon Mobil Corporation today announced estimated 2018 earnings of $20.8 billion, or $4.88 per share assuming dilution, compared with $19.7 billion a year earlier. Excluding U.S. tax reform and asset impairments, earnings were $21 billion, compared with $15.3 billion in 2017.
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Royal Dutch Shell Plc came through a quarter of volatile oil prices to beat earnings estimates, delivering a surge in cash flow the company said will underpin “world-class” returns to investors.
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Royal Dutch Shell has released its fourth quarter results and fourth quarter interim dividend announcement for 2018.
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More than half of the copper mines in Zambia, Africa’s second-biggest producer of the metal, will probably be unprofitable next year with thousands of jobs on the line, as the nation raises taxes for operators, the country’s biggest industry lobby group said.
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For the third quarter 2018, BP’s underlying RC profit was $3.8 billion, which is more than a double from a year earlier and the highest quarterly result in more than five years, including significant earnings growth from the Upstream and Rosneft. This compares to a $1.87 billion profit in the third quarter 2017.
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