ExxonMobil cuts capex, lifts free cash flow in resilient Q1 performance

ExxonMobil cuts capex, lifts free cash flow in resilient Q1 performance

Shorouk Express Economy Materials 4 May 2025 09:23 (UTC +04:00) ExxonMobil reported first-quarter 2025 earnings of $7.7 billion, with free cash flow rising 11% from the previous quarter to $8.8 billion. The company highlighted strong operational performance, disciplined capital spending, and continued shareholder returns, despite a year-on-year decline in overall cash flow. …

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Azerbaijan’s Nakhchivan tallies its preferential loans flow

Azerbaijan’s Nakhchivan tallies its preferential loans flow

Shorouk Express BAKU, Azerbaijan, January 10. The Entrepreneurship Development Fund in Azerbaijan’s Nakhchivan Autonomous Republic allocated preferential loans totaling over 4.2 million manat ($2.4 million) to finance 38 projects in 2024, Trend reports via the Ministry of Economy of the Nakhchivan. The Ministry indicated that a substantial 73 percent of the financial allocations were earmarked…

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