ADNOC Distribution | Egypt Oil & Gas

ADNOC Distribution Achieves Record EBITDA, Expands Operations in 2024

ADNOC Distribution reported its highest-ever EBITDA of $1.05 billion in 2024, marking a 4.8% year-on-year increase. The underlying EBITDA, excluding inventory gains and one-off items, rose by 11.4% to $989 million ...

ADNOC Distribution, Emerge Launch Second Solarization Phase for Abu Dhabi Stations

ADNOC Distribution announced the launch of the second phase of its service station solarization program in cooperation with Emerge, a joint venture between Masdar and the EDF Group. This initiative aims to enhance ...

ADNOC Distribution Launches ARIF, AI-Powered Investor Relations Chatbot

ADNOC Distribution has launched ARIF, an advanced AI-powered chatbot dedicated to investor relations, during Abu Dhabi Finance Week. Named ARIF, which means “knowing” or “informed” in Arabic, the chatbot provides ...

ADNOC Fully Redeems Exchangeable Bonds in ADNOC Distribution

ADNOC has said that it has redeemed in full its US dollar-denominated senior unsecured bonds (Exchangeable Bonds) in ADNOC Distribution, maintaining a stable shareholding level in ADNOC Distribution following matu ...

ADNOC Distribution Launches Engine Oils That Are 100% Plant-Based

ADNOC Distribution announced the launch of a new Voyager Green Series new Voyager Green Series range of lubricant products for both petrol and diesel engines, made from 100% plant-based base oil.

ADNOC Distribution Sign Two Contracts for Expansion in Africa

ADNOC Distribution has signed two new contracts for distributing its Voyager lubricant in Angola and the Democratic Republic of the Congo.

UAE’s ADNOC Distribution Achieves Net Profit of AED 1.15 B in H1 2021

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 billi ...

ADNOC Distribution Names Al Lamki As New CEO

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 Records Net Profit of AED 631 million in Q1

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 to Acquire 20 Service Stations in Saudi Arabia

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.

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