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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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The unprecedented activity in the spot tanker market is not driven by any significant increase in OPEC production, but by oil companies looking to take advantage of rock bottom freight rates in an oversupplied market
November 14th, 2011 - 04:42 GMT

Demand for Mideast oil tankers hits record

Al Bawaba
November 14th, 2011 - 08:38 GMT

RAK Petroleum posts record AED 91.8 million third quarter profit

If between 2011 and 2015 investment in the MENA region runs one-third lower than the $100 billion per year required, consumers could face a near-term rise in the oil price to $150 per barrel
November 14th, 2011 - 08:12 GMT

Crude oil could hit $150 near term says IEA

Al Bawaba
November 14th, 2011 - 07:02 GMT

Dana Gas reports strong profit growth for third quarter 2011

Libya’s oil industry will recover more quickly than the International Energy Agency predicted after suffering disruptions this year amid fighting that engulfed the country, Nuri Berruien said today in an interview in Doha, Qatar
November 13th, 2011 - 10:27 GMT

Libya oil output can reach 800,000 barrels by end 2011

ENOC Retail at Dubai Intnl Motor Show
November 10th, 2011 - 11:01 GMT

ENOC showcases full spectrum of retail options at Dubai International Motor Show

EMGAS participation at the Dubai Motor Show
November 10th, 2011 - 10:46 GMT

EMGAS highlights energy efficiency and eco-friendliness of CNG-powered vehicles at Dubai International Motor Show

OPEC estimated its spare capacity would double from that level and reach 8 million bpd in the medium term to 2015 as Libyan supply recovers and as a result of investments by other OPEC countries to expand output
November 10th, 2011 - 09:37 GMT

OPEC raises oil demand view, says risk to downside

Saudi Arabia will continue to supply the market with what it needs
November 9th, 2011 - 03:40 GMT

Saudi oil output at 9.4m bpd in October

Rahma Bin Mohammad Al Shamsi, the Retail Sales Manager of Emarat, honors the four employees
November 9th, 2011 - 08:33 GMT

Emarat Trademark "Café Arabicca" sponsors and participate in the UAE Barista Championship

Al Bawaba
November 9th, 2011 - 07:10 GMT

Kuwait Energy reports Q3 2011 activities

Al Bawaba
November 3rd, 2011 - 09:59 GMT

Masdar Institute hosts 12 UAE Education and Research Institutions to establish institutional membership in EU-GCC Clean Energy Network

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