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Oil and Renewables

Oil and Renewables latest

ADNOC Distribution Announces Q3 2025 Results, Delivers Strongest EBITDA Since IPO
October 31st, 2025 - 03:35 GMT

ADNOC Distribution Announces Q3 2025 Results, Delivers Strongest EBITDA Since IPO

ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, today reported EBITDA increase of 12.0% YoY to $885 million in 9M 2025, its strongest 9M performance since listing in 2017, with 9M 2025 net profit growing by 15.6% YoY to $579 million. In Q3 2025, the Company reached a new quarterly EBITDA record of $319 million, an increase of 15.9% YoY, with a strong growth of 21.5% YoY in net profit to $221 million, both exceeding analyst expectations. The Company also achieved the highest 9M fuel ...
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private sector
May 8th, 2024 - 06:31 GMT

Qatar’s non-energy private sector records growth in April

Saudi Aramco posts 14% revenue drop, still aims to pay $124.3B in dividends
May 7th, 2024 - 03:36 GMT

Saudi Aramco posts 14% revenue drop, still aims to pay $124.3B in dividends

Indonesia
May 7th, 2024 - 06:23 GMT

Indonesia to promote Green School programme for environmental education

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices
May 6th, 2024 - 12:48 GMT

Oil prices surge as Israel invades Rafah, Saudi Arabia hikes crude prices

gas field
May 6th, 2024 - 07:52 GMT

Sharjah Petroleum Council announces discovery of new reserves at gas field

Saudi Arabia
May 6th, 2024 - 05:54 GMT

Saudi Arabia’s non-oil revenues are up by 9% in Q1 2024

gas production
May 5th, 2024 - 04:12 GMT

Russia's gas production rises to 196 billion cubic metres

climate change
May 5th, 2024 - 02:12 GMT

Korea commits $2 billion in cofinancing for climate change-related projects

bioethanol
May 5th, 2024 - 01:52 GMT

Indonesia plans to use corn, sugarcane, seaweed to make bioethanol

UAE National Committee of Biosecurity Holds Second Meeting for 2024 and Discussed Epidemic Preparedness Map Project and National Biosecurity Framework
May 5th, 2024 - 09:34 GMT

UAE National Committee of Biosecurity Holds Second Meeting for 2024 and Discussed Epidemic Preparedness Map Project and National Biosecurity Framework

green economy
May 2nd, 2024 - 08:10 GMT

EU pledges €7.4bn to back Egypt’s green economy plans

Middle East
May 2nd, 2024 - 07:48 GMT

Oil prices fall amid Middle East hopes for cease-fire

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