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Oil and Renewables

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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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Oil prices ease on mixed China trade data as US dollar rebounds
November 7th, 2023 - 11:00 GMT

Oil prices ease on mixed China trade data as US dollar rebounds

Oil prices rise on KSA, Russia upholding cuts as US dollar slips
November 6th, 2023 - 09:25 GMT

Oil prices rise on KSA, Russia upholding cuts as US dollar slips

Oil prices off to a weak start this week
November 5th, 2023 - 10:57 GMT

Oil prices off to a weak start this week

Oil prices rise on Fed pinning US interest rate
November 2nd, 2023 - 11:11 GMT

Oil prices rise on Fed pinning US interest rate

Fuel prices in UAE: Petrol prices in Abu Dhabi for November 2023
November 1st, 2023 - 12:27 GMT

Fuel prices in UAE: Petrol prices in Abu Dhabi for November 2023

Russian oil exports up dramatically despite supply cuts
October 31st, 2023 - 01:43 GMT

Russian oil exports up dramatically despite supply cuts

Onslaught on Gaza bolsters oil prices despite China’s PMI falling
October 31st, 2023 - 01:09 GMT

Onslaught on Gaza bolsters oil prices despite China’s PMI falling

Oil prices ease after rising on Israeli onslaught on Gaza
October 30th, 2023 - 10:20 GMT

Oil prices ease after rising on Israeli onslaught on Gaza

Israeli gas imports to Egypt suspended – Gov’t
October 30th, 2023 - 09:05 GMT

Israeli gas imports to Egypt suspended – Gov’t

Oil prices up, US dollar dips on fallouts of Israeli onslaught on Gaza
October 29th, 2023 - 09:30 GMT

Oil prices up, US dollar dips on fallouts of Israeli onslaught on Gaza

Stocks worldwide slide as US dollar climbs, oil prices plunge
October 26th, 2023 - 01:11 GMT

Stocks worldwide slide as US dollar climbs, oil prices plunge

Moro Hub Awarded Uptime Institute’s Tier III Gold Certification of Operational Sustainability for its Sustainable Data Centre in the Mohammed bin Rashid Al Maktoum Solar Park
October 26th, 2023 - 08:42 GMT

Moro Hub Awarded Uptime Institute’s Tier III Gold Certification of Operational Sustainability for its Sustainable Data Centre in the Mohammed bin Rashid Al Maktoum Solar Park

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