Saudi Aramco, the world’s largest oil-producing company, has released its financial results for Q3 2020 with the company pledging to maintain its dividend payment of $18.75 billion.

Eni has announced changes to the pre-existing financial calendar published on 30 January 2020.

Development bank Arab Petroleum Investments Corporation (APICORP) has announced the ratification for an increase in callable capital from $1 billion to $8.5 billion.

Abu Dhabi National Energy Company (TAQA) announced that the consolidated net profit for the nine-month period ended September 30, 2019, was negatively impacted by unfavorable mark-to-market movements generated by an energy price reduction and the reimplementation of the regional greenhouse gas initiative in New Jersey which impacted Red Oak, the Group’s US-based power asset, citing Emirates News Agency.

Saudi Aramco posted a net income of $68 billion during the nine-month period ending on September 30.

ADNOC Distribution, the UAE’s largest fuel and convenience retailer, reported an increase of 2.3% year-on-year (YoY) in net profit during the first nine months of 2019, to stand at AED 1.72 billion.

Saudi Aramco will hold its first-ever earnings call in August to announce the results of the first half of 2019.

Net profits reached $35 million in the three-month period, up from $14 million in Q1 2018.