2019-08-05 13:05:00
ADNOC NET PROFIT AED1.173 BLN
ENA - ABU DHABI, 4th August, 2019 (WAM) -- ADNOC Distribution today reported that its first-half 2019 net profit increased by 4.3 percent, to AED1.173 billion, compared with the same period last year.
Free cash flow (EBITDA minus capital expenditures) generation was up 21 percent year-on-year to AED1.345 billion in the first half of 2019. For the second quarter of 2019, EBITDA was AED750 million and net profit was AED 595 million, up 1.3 percent and 2.2 percent, respectively, compared to the second quarter of 2018.
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Earlier:
2019, August, 1, 12:05:00
ADNOC, ENI DEAL $3.24 BLN
Eni and ADNOC announced that they have closed their strategic partnership, announced in January, through which Eni acquired a 20% equity interest in ADNOC refining. The final cash price is approximately $3.24bn. The partners, which include Austria’s OMV, also set up a new trading joint venture.
2019, July, 25, 20:10:00
ADNOC, CNOOC AGREEMENT
ADNOC and CNOOC signed an agreement to collaborate in the upstream and downstream oil and gas sector
2019, July, 25, 20:05:00
ADNOC, PERTAMINA AGREEMENT $2.5 BLN
ADNOC has signed an agreement with Indonesia's state energy company Pertamina to collaborate in both countries and internationally. Indonesia' foreign ministry said that the partnership could be worth up to $2.5bn.
2019, July, 12, 08:25:00
СОТРУДНИЧЕСТВО РОССИИ, ОАЭ
Энергетическое сотрудничество России и ОАЭ активно развивается и обладает колоссальным потенциалом, отметил Александр Новак.
2019, July, 12, 08:15:00
ADNOC, RUSSIA INVESTMENT
ADNOC Group CEO Dr. Sultan Al Jaber met with Russian Energy Minister Alexander Novak in Moscow as ADNOC looks to expand its partnership and investment base.
Chronicle:
2021, January, 20, 14:24:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
2021, January, 20, 14:20:00
UAE HYDROGEN ENERGY
Abu Dhabi National Oil Co (Adnoc) formed an alliance with Mubadala Investment Co and ADQ to produce hydrogen from renewable energy, known as green hydrogen,
2021, January, 20, 14:15:00
SOLAR MARKET EXPANDING
The expanding solar market could also provide a needed source of employment for the recession-stricken nation. Renewable energy employs 11.5 million people worldwide, and solar power accounts for 33% of that
2021, January, 20, 14:10:00
TOTAL SUBORDINATED BONDS €3 BLN
Total SE successfully issued perpetual subordinated bonds in the amount of €3 billion
2021, January, 19, 14:00:00
OIL PRICE: ABOVE $55 YET
Brent rose 46 cents to $55.21 a barrel. WTI was at $52.40 a barrel, up 4 cents.
2021, January, 19, 13:55:00
GLOBAL INDEXES UP ANEW
S&P 500 futures rising 0.6% and Nasdaq futures up 0.9% after the long holiday weekend.
2021, January, 19, 13:50:00
EU GAS MARKETS ARE CHANGING
The European Commission is planning to issue new proposals for gas legislation in the last quarter of 2021. EU gas markets are on the cusp of dramatic changes.