Energy, Oil & Gas

Adnoc Drilling set to distribute $1bn dividends for FY 2025

Adnoc Drilling said it has won approval from its shareholders at the AGM for distribution of $1 billion dividends for FY 2025 and also 5% minimum increase to the 2026 payout. These approvals follow a defining year for Adnoc Drilling in which the company delivered record financial and operational performance....

Energy, Oil & Gas

Adnoc companies to distribute $43bn in dividends by 2030

Adnoc has announced a target to distribute $43 billion in dividends across its six publicly listed companies through to 2030, subject to customary approvals, in addition to the $23 billion already paid since the first company IPO in 2017....