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

Fertiglobe, Covestro, Ta’ziz ink MoU for ammonia collaboration

Covestro, Fertiglobe, and Ta’ziz signed an MoU to explore collaboration across ammonia and nitric acid value chains. They will assess short-term ammonia supply to Covestro’s China and US sites and longer-term low-carbon and green ammonia options for Europe, China, and the US, leveraging carbon capture and renewable technologies. ...

Energy, Oil & Gas

Fertiglobe reports revenues of $758m in Q3 2025

Fertiglobe, a seaborne urea and ammonia exporter under Adnoc, announced strong Q3 2025 revenues of $758 million, up 53 per cent year-over-year. Adjusted EBITDA rose 69 per cent to $286 million, and adjusted net profit surged to $134 million from $28 million last year....