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 maturity...
ADNOC Distribution announced the launch of the new Voyager Green Series, a range of lubricant products for both petrol and diesel engines made from 100% plant-based base oil. The company elaborated that the launch cam...
ADNOC Distribution announced signing of two new contracts for distributing its Voyager lubricant in Angola and the Democratic Republic of the Congo. These agreements came in line with ADNOC Distribution’s ambiti...
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 d...
ADNOC Distribution has appointed Bader Saeed Al Lamki as the company’s new CEO who will take on the role effective of May 27, 2021, according to a statement. Al Lamki has over 20 years of diversified industry experien...
ADNOC Distribution company announced that it’s EBITDA ( Earnings Before Interest, Taxes, Depreciation, and Amortization ) for Q1 2021 is AED 740 million, with net profit of AED 631 million, a press release repor...
ADNOC Distribution announced that it has executed two agreements to acquire 20 service stations in Saudi Arabia worth . 5 million to increase its total network there to 37 stations, Reuters reported. ADNOC announced, ...
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 produc...
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, a press release reported. The comp...
ADNOC Distribution announced that it has finalized an 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, according to...