Abu Dhabi National Oil Company (ADNOC) Distribution achieves net profit of AED 1.15 billion during H1 2021, while its earnings before interest, taxes, depreciation and amortization (EBITDA) stood at AED 1.53 billion during H1 2021.

ADNOC Distribution has appointed Bader Saeed Al Lamki as the company’s new CEO who took on the role effective of May 27, 2021.

ADNOC Distribution company announced that it has achieved net profit worth AED 631 million during Q1 of 2021 including Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of AED 740 million.

ADNOC Distribution announced that it has executed two agreements to acquire 20 service stations in Saudi Arabia worth $15.5 million in Saudi Arabia to increase it total network there to 37 stations.

The Libyan National Oil Corporation (NOC) announced that Waha oil Company has completed the needed maintenance on the pipeline that links Samaha and Dharha fields with Ed-Sider terminal to back to operation and production.

ADNOC Distribution announced that it managed to achieve its growth strategy during 2020 by increasing its services station network and modernizing its ADNOC Oasis convenience stores.

ADNOC Distribution announced that it has finalized the implementation of the agreement to acquire 15 service stations in Saudi Arabia at a cost of $10 million, reaffirming its commitment to expand its businesses in the kingdom.

ADNOC Distribution, the UAE’s leading fuel and convenience retailer, has opened three new service stations in Dubai at Jafaliya, Nad Al Sheba, and Studio City.

Abu Dhabi National Oil Company (ADNOC) has announced the successful completion of a placement to institutional investors of 1.25 billion shares in ADNOC Distribution amounting to 10% of ADNOC Distribution’s total share capital.

The Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) revealed that its board of directors approved the distribution of interim dividend.