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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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Russian Lukoil oil company hit by cyberattack despite truce with Ukraine
March 26th, 2025 - 10:09 GMT
Reema Tuqan

Russian Lukoil oil company hit by cyberattack despite truce with Ukraine

Oil prices surge amid US sanctions and reduced global supply
March 14th, 2025 - 08:34 GMT
Reema Tuqan

Oil prices surge amid US sanctions and reduced global supply

UAE petrol dips, gold soars in March 2025
February 28th, 2025 - 06:47 GMT
Reema Tuqan

UAE petrol dips, gold soars in March 2025

Transportation prices in Gaza rise 5 times due to fuel shortage
February 18th, 2025 - 09:53 GMT
Reema Tuqan

Transportation prices in Gaza rise 5 times due to fuel shortage

China builds world’s first floating oil unit
February 16th, 2025 - 09:15 GMT
Reema Tuqan

China builds world’s first floating oil unit

UAE reveals new sustainable energy tech that works with the sun at night
February 12th, 2025 - 11:31 GMT
Reema Tuqan

UAE reveals new sustainable energy tech that works with the sun at night

UAE announces petrol prices for February 2025
January 31st, 2025 - 08:36 GMT
Reema Tuqan

UAE announces petrol prices for February 2025

Oil demand expected to increase by 1.3M barrels in 2025
January 21st, 2025 - 11:23 GMT
Reema Tuqan

Oil demand expected to increase by 1.3M barrels in 2025

Electric car battery prices are expected to fall increasingly in 2025
January 17th, 2025 - 12:20 GMT
Reema Tuqan

Electric car battery prices are expected to fall increasingly in 2025

UAE announces petrol prices for January 2025
December 31st, 2024 - 08:46 GMT
Reema Tuqan

UAE announces petrol prices for January 2025

natural gas
December 26th, 2024 - 07:06 GMT
Syndigate

Egypt and Jordan discuss collaborations in energy and natural gas

Japan to boost nuclear power as electricity demand rises
December 25th, 2024 - 09:51 GMT

Japan to boost nuclear power as electricity demand rises

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