Browsing Tag
Fatema Al Nuaimi
6 posts
ADNOC Gas commits $13.2bn to Rich Gas Development as 60% EBITDA target meets Hormuz risk
ADNOC Gas has approved the final two phases of its $13.2 billion Rich Gas Development programme, including new processing capacity at Habshan and NGL fractionation at Ruwais. The expansion lifts its 2030 EBITDA growth target to 60%, but a 52% quarterly profit decline has exposed how strongly export economics can still be disrupted by the Strait of Hormuz.
August 11, 2026
ADNOC Gas Q2 profit falls 52% to $665m but beats guidance range
ADNOC Gas's Q2 profit fell 52% but beat guidance, and $8.2bn RGD contracts lift the 2030 EBITDA target, though Hormuz and Habshan recovery still gate 2026.
August 10, 2026
ADNOC Gas Q3 2025 net income surges 8% to $1.34bn as new dividend policy attracts income investors
ADNOC Gas delivers record Q3 results and unveils quarterly dividend payouts through 2030. Explore the strategy fueling its earnings momentum.
November 15, 2025
ADNOC Gas Q1 2025 net income rises 7% to $1.27bn as LNG deals and index eligibility drive growth
ADNOC Gas Q1 profit rose 7% to $1.27B amid LNG supply deals and index inclusion buzz. Explore full earnings details, stock sentiment, and investor outlook.
May 5, 2025
ADNOC Gas inks $9bn LNG supply agreement with Indian Oil Corporation
ADNOC Gas plc has signed a landmark 14-year LNG supply agreement with Indian Oil Corporation Ltd (IndianOil), reinforcing…
February 13, 2025
ADNOC LNG signs LNG supply deals with Vitol and Total
ADNOC LNG, a subsidiary of ADNOC, and energy trader Vitol have signed a six-year supply agreement for the…
November 12, 2020