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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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UAE finalizes Arab world’s first nuclear power plant, Barakah
September 5th, 2024 - 09:01 GMT

UAE finalizes Arab world’s first nuclear power plant, Barakah plant

Two sanctioned Russian tycoons own shares in UK oil company Harbour Energy
September 4th, 2024 - 07:21 GMT
Reema Tuqan

Sanctioned Russian tycoons buy shares in UK oil company Harbour Energy

Gautam Adani, the Indian billionaire, develops $476M powerline project
September 4th, 2024 - 06:29 GMT
Reema Tuqan

Indian billionaire Gautam Adani develops $476M powerline project

Dubai generates over 100,000 liters of fresh water daily from air
September 3rd, 2024 - 06:28 GMT
Reema Tuqan

Dubai generates over 100,000 liters of fresh water daily from air

QatarEnergy announces new solar power plant to double production by 2030
September 2nd, 2024 - 07:13 GMT
Reema Tuqan

QatarEnergy announces new solar power plant to double production by 2030

Petrol prices decline in UAE while gold peaks
August 31st, 2024 - 09:11 GMT
Reema Tuqan

Petrol prices decline in UAE while gold peaks

Canada hits Chinese EVs with 100% tariffs
August 26th, 2024 - 09:31 GMT

Canada hits Chinese EVs with 100% tariffs

Libya oil fields
August 26th, 2024 - 12:34 GMT

Libya's eastern government closes all oil fields, halts exports

Qatar to supply Kuwait with liquefied natural gas (LNG) under new agreement
August 26th, 2024 - 08:04 GMT
Reema Tuqan

Qatar to supply Kuwait with liquefied natural gas for 15 years

oil trade
August 22nd, 2024 - 06:50 GMT

How growing Saudi-China relations may lead to trade in Chinese currency

Solar power
August 21st, 2024 - 01:42 GMT

Solar power managed to overtake hard coal as energy source in EU in 2022

China approves $31B worth of Nuclear Reactors
August 20th, 2024 - 11:07 GMT

China approves $31B worth of Nuclear Reactors

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