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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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US stocks tank while oil prices climb amid Middle Mast escalation fears
October 1st, 2024 - 08:55 GMT

US stocks tank while oil prices climb amid Middle Mast escalation fears

Saudi Arabia projects long-term deficit amid vision 2030 spending
September 30th, 2024 - 09:09 GMT

Saudi Arabia projects long-term deficit amid vision 2030 spending

Saudi Arabia issues first license for gas cylinders sales
September 30th, 2024 - 06:45 GMT
Reema Tuqan

Saudi Arabia issues first license for gas cylinders sales

UAE petrol prices drop for October, gold remains at high records
September 30th, 2024 - 05:06 GMT
Reema Tuqan

UAE petrol prices drop for October, gold remains at high records

Kuwait plans to increase gasoline prices exclusively for expats
September 26th, 2024 - 05:33 GMT
Reema Tuqan

Kuwait plans to increase gasoline prices exclusively for expats

OPEC states that oil demand will rise to 120M barrels per day by 2050
September 25th, 2024 - 06:11 GMT
Reema Tuqan

OPEC: Oil demand will rise to 120M barrels per day by 2050

Oil prices jump amid Middle East tensions
September 24th, 2024 - 09:25 GMT
Reema Tuqan

Oil prices significantly jump amid Middle East tensions

Cyprus signs agreement with Greece for undersea electrical interconnection
September 22nd, 2024 - 07:15 GMT
Reema Tuqan

Cyprus signs deal with Greece for undersea electrical interconnection

Saudi Arabia set to establish first nuclear power plant
September 16th, 2024 - 08:21 GMT

Saudi Arabia set to establish first nuclear power plant

Saipem, the Italian company, wins $4 billion contract from QatarEnergy
September 16th, 2024 - 05:54 GMT
Reema Tuqan

Saipem, the Italian company, wins $4 billion contract from QatarEnergy

TAQA
September 16th, 2024 - 05:38 GMT

TAQA Announces New Unified Customer Facing Distribution Company and Launches New Brands for its Group Companies

Brent oil drops under $70 as OPEC+ extends cuts through November
September 10th, 2024 - 03:37 GMT

Brent oil drops under $70 as OPEC+ extends cuts through November

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