The company earned SAR6.46 billion ($1.72 billion) in the quarter, compared to SAR6.04 billion in the year-earlier period.
Shell said that it had wrapped up activity at the well after the negative result, while adding that it remained committed to future plans in Qatar.
A document outlining Qatar Mining’s investments showed that the company planned to take a share in a mining site in Mali that is already operational.
The refinery has capacity to process 116,000 barrels per day of Omani crude.
The company made a net profit of QAR238.6 million ($65.6 million) in the three months to June 30.
The miner made a net SAR370.8 million ($98.9 million) in the three months to June 30, compared with 40.98 million in the year-earlier period.
The state-run utility made a profit of QAR417 million ($115 million) in the three months to June 30 compared to QAR436 million in the prior-year period.
The company said that its shareholders had approved issuing a bond that would allow a strategic investor to buy into the company.
The firm made a net profit of SAR613 million ($163.5 million) in the second quarter compared with SAR670.5 million in the same period of 2013.
The company said it made SAR639 million ($170.4 million) in the second quarter, compared to SAR693 million in the same period a year ago.
The firm had filed an arbitration case in London last October against the Kurdistan Regional Government (KRG), to obtain payments for products which it had delivered.
Sipchem made a profit of SAR244.6 million ($65.3 million) in the three months to June 30, up from SAR174.0 million in the prior-year period.
Egypt has been largely unable to buy crude oil in the international market for more than a year due to a domestic subsidy scheme.
Global oil demand is expected to grow by 1.4 million barrels per day (bpd) next year, up from 1.2 million this year.
The Kingdom typically increases production during the hot summer months to meet a surge in electricity demand.
The investment will focus on expanding the amount of power generated in the Middle East and North Africa through green methods.
ADNOC is reportedly planning to take up to two million tonnes capacity in India.
Shell did not give a reason for the decision to end investments in the project, which is located in the Kidan area.
ENOC is one of the three companies that won the qualification certification to open more outlets in Saudi Arabia.
WBG will utilise the rail network’s operations for the distribution of materials from its crusher location at Tawyeet.
The payment will have a significant impact on earnings, the company said.
The french utility company signed a 25-year power and water purchase agreement with the Abu Dhabi Water and Electricity Company.
Any setback to the government in Southern Iraq could lead to greater demand for the more liquid currencies like the yen, the dollar and the Swiss franc.
The company said that it cancelled the IPO due to challenging public market conditions.
The new facility will further expand the company’s presence in the UAE.
The 132/11kV substation is one of the projects that DEWA has launched to build the emirate’s power capacity.
The purchase will increase AOC’s ownership of S-Oil to 63.4 per cent from 34.99 per cent, AOC said in a statement.
Increasing dependence of the GCC states on oil revenues poses a rising credit risk, a new survey by S&P says.
Abraaj bought a controlling stake in KES Power, the majority shareholder in K-Electric, in 2009.
Abu Dhabi Fund for Development will provide finance to construct a 6 MW solar power plant in the city of Freetown in Sierra Leone.