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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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Egypt supplies 43 percent of Israel's natural gas, which generates 40 percent of Israel's electricity
October 6th, 2011 - 02:23 GMT

Egypt to substantially raise price of gas to Israel

Dr. Sultan Al Jaber, CEO of Masdar
October 6th, 2011 - 08:50 GMT

European Future Energy Forum 2011 to focus on identifying key game-changing technologies

The increased ties between the Middle East and the growing Asian nations will drive oil trading
October 5th, 2011 - 08:06 GMT

Mideast, Asian economies’ growth to drive oil and gas sector

His Majesty King Juan Carlos I King of Spain, and HH General Sheikh Mohamed bin Zayed Al Nahyan Crown Prince of Abu Dhabi Deputy Supreme Commander of the UAE Armed Forces, unveil a commemorative plaque during the Inauguration Ceremony of the 19.9 MW Gemasolar Concentrated Solar Power Plant a project by Masdar, Torresol Energy, and Sener
October 5th, 2011 - 05:52 GMT

His Majesty King of Spain Juan Carlos I and His Highness Sheikh Mohamed bin Zayed Al Nahyan inaugurate first 24-Hour Solar Power Plant in Spain

Syria has said it can sidestep sanctions by selling oil to Russia or China, but traders said most Syrian attempts to sell oil or related products in recent weeks have failed due to a lack of bids
October 4th, 2011 - 02:02 GMT

Syrian oil exports come to a standstill as sanctions bite

The report said the El-Sharara field deep in the county's western desert could start producing "within the next two weeks" and could reach output of 400,000 barrels per day shortly
October 4th, 2011 - 07:58 GMT

Libyan oil output to hit 1 million bpd by November end

Al Bawaba
October 4th, 2011 - 07:18 GMT

Masdar Institute honors sponsors of Young Future Energy Leaders 2011 Programs

Al Bawaba
October 4th, 2011 - 05:53 GMT

Growth of Middle East and Asian economies will drive oil & gas sector, says Saeed Khoory

Iran, which holds the rotating OPEC presidency, usually pumps as much as its creaking oil sector will allow but opposes OPEC production increases because of their potential to reduce per barrel sales revenues
October 3rd, 2011 - 03:19 GMT

Iran, Saudi Arabia see balanced oil market

Dr. Sultan Ahmed Al Jaber, Director General of the Zayed Future Energy Prize
October 3rd, 2011 - 07:13 GMT

Participation in 2012 Zayed Future Energy Prize soars by 180%

Badr Jafar, President of Crescent Petroleum receiving the award
October 2nd, 2011 - 09:24 GMT

Badr Jafar honored with LIBAN award

The market is currently characterised by a balance between supply and demand
October 2nd, 2011 - 09:14 GMT

Saudi oil minister says oil market balanced

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