Tag: Adnoc Gas

Energy, Oil & Gas

Adnoc Gas reports resilient Q1 net income of $1.1bn

ADNOC Gas reported $1.1 billion net income in Q1 2026, demonstrating strong operational and financial performance despite regional uncertainty, energy-sector disruption, and maritime challenges affecting movements through the Strait of Hormuz....

Energy, Oil & Gas

TA’ZIZ signs $28.5bn energy, chemicals supply deals

TA’ZIZ signed $28.5 billion in long-term offtake, feedstock and sales agreements at Make it in the Emirates, covering methanol, PVC, EDC, VCM and other chemicals. Adnoc Gas will supply natural gas under a 25-year deal worth over $5 billion....

Energy, Oil & Gas

Bernstein names Adnoc Gas, Fertiglobe as ‘Best Picks’ in Mena energy

Bernstein initiated Mena energy coverage, praising UAE governance, sovereign-backed ownership and strong cashflows. It said these enable rapid transformation of state assets into investable platforms, naming Adnoc Gas and Fertiglobe discounted, high-quality “best pick” opportunities....

Energy, Oil & Gas

Adnoc Gas approves record $3.6bn dividends for FY2025

Adnoc Gas has confirmed shareholder approval of all agenda items at its Annual General Meeting including a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May. ...

Energy, Oil & Gas

ADNOC Gas delivers record $5.2bn net income in 2025

ADNOC Gas and its subsidiaries today announced a record net income of $5.2 billion, a 3% increase compared to 2024, demonstrating structurally resilient earnings and an ability to perform consistently through commodity cycles. ...

Energy, Oil & Gas

Adnoc Gas sees potential to advance Ruwais LNG commercial start

Adnoc Gas is advancing its integrated LNG strategy, with Ruwais LNG progressing ahead of schedule. The 9.6 mtpa project may start before 2028, lifting UAE capacity to 15 mtpa, backed by $5 billon acquisition plans and long-term sales covering most output under changing global energy markets....

Energy, Oil & Gas

Adnoc Gas seals $3bn LNG deal with Hindustan Petroleum

Adnoc Gas, a major unit of Abu National Oil Company (Adnoc) and its subsidiaries announced the signing of a sales and purchase agreement valued at between $2.5 billion - $3 billion for a period of 10 years with Hindustan Petroleum Corporation Limited (HPCL)....

Energy, Oil & Gas

ADNOC Gas and EMSTEEL sign $4bn low-carbon gas deal

ADNOC Gas and its subsidiaries, a world-class integrated gas processing company, today announced the signing of a landmark agreement, valued between $3.5 billion and $4.2 billion with EMSTEEL, one of the region’s largest integrated steel and building materials manufacturers. ...