Tag: capex

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 approves $150bn capex for 2026-30

ADNOC Board of Directors, presided over by UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has approved a capex of $150 billion (AED551 billion) for 2026-2030 to maintain ADNOC’s current operations and drive smart growth....