Abu Dhabi National Oil Company

At ADNOC Group’s inaugural Investor Majlis on 8 October, ADNOC Distribution further raised its growth guidance, reflecting stronger performance across its core business, including updated targets for the size of its service station network to 1,150 by 2028 - a 15% increase over previous guidance of 1,000. In parallel, the Company announced a revised non-fuel retail target, projecting a 100% increase to non-fuel retail transactions by 2030 against 2023 figures, replacing previous guidance of a 50% increase between 2023 and 2028. At the event, the Company announced a proposed extension ...