Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution) News - Mubasher Info
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17 May 08:33 AM

Abu Dhabi National Oil Company for Distribution PJSC (ADNOCDIST)

Last update: 15 May 02:56 PM market time.
3.86
0.00
0.00%
Open 3.88
Previous Close 3.88
High 3.89
Low 3.83
Stock Statistics
Volume 4,851,736
Turnover 18,727,560.11
All data are 15 minutes late during market session

News

Mohamed Al Hashimi will be assigned the role of Carey
11 July 2019 04:06 PM ADNOC Distribution’s deputy CEO steps down
Abu Dhabi – Mubasher: ADNOC Distribution, the UAE’s largest fuel and convenience retailer, on Thursday announced that the company’s deputy CEO John Carey has stepped down from his role. Moreover, Mohamed Al Hashimi, in the new role of chief …
Company News
The update activity will be run from 01:00 am
7 July 2019 00:08 AM Adnoc Distribution to partially suspend services for update
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has announced that it would undertake a system update starting from Sunday, 7 July. The update activity will be run from 01:00 am until 05:00 am, the Abu …
Companies Investments
The fuel experiences several stages before reaching the distribution stations
26 June 2019 09:13 AM ADNOC Distribution confirms no changes in fuel types
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution), a subsidiary of state-owned oil company Adnoc Group, has denied that there is any difference in the types of fuel distributed at its stations across the …
Corporate Actions
ADNOC Distribution to build 75 new stations in Dubai in 5 years
13 May 2019 08:53 AM ADNOC Distribution to build 75 new stations in Dubai in 5yrs
Abu Dhabi — Mubasher: The Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) announced it would expand its facilities and services across the UAE, mainly in Dubai where it operates four stations. The leading fuel distributor aims …
Macroeconomics
ADNOC Distribution hosted its first Capital Markets Day since IPO on ADX
8 May 2019 09:55 AM ADNOC Distribution hosts 1st Capital Markets Days in London, NY
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) announced it has hosted the Capital Markets Day in London on Tuesday for the first time since its initial public offering (IPO) on the Abu Dhabi Securities …
Corporate Actions
Net profits recorded AED 578 million in Q1-19
1 May 2019 11:51 AM ADNOC Distribution reports 7% profit rise in Q1
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) posted a 7% year-on-year increase in its profits for the first quarter of 2019. Net profits recorded AED 577.9 million ($154.07 million) in Q1-19, compared …
Financial Results
ADNOC modified its dividends policy in order to repurchase 5% of its shares
7 April 2019 05:44 PM ADNOC Distribution to sign deal with strategic partner in Saudi Arabia
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) will announce signing agreements with a strategic partner in Saudi Arabia in the near future, the company's CEO Saeed Mubarak Al Rashidi told Al Arabiya. …
Companies Investments
Dividends for 2020 will surge 75%
6 April 2019 00:20 AM Adnoc Distribution increase dividends for coming years
Abu Dhabi – Mubasher: The general assembly of Adnoc Distribution has announced the modification of its dividends policy, according to the Emirates News Agency (WAM). Under the new policy, the company will increase its dividends for 2019 by 63% to …
Management Decisions
Distribution unit may be listed on New York’s Nasdaq exchange.
5 April 2019 05:13 PM Adnoc eyes secondary listing overseas for distribution unit
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) is reportedly planning a secondary listing for its distribution unit overseas, according to Reuters. Informed sources told the international news agency that the UAE-based company was …
Companies Investments
4 April 2019 05:41 PM ADNOC Distribution pays 5.8 fils/shr dividends for FY 2018
Abu Dhabi – Mubasher: ADNOC Distribution on Thursday announced that its general assembly has approved distributing cash dividends worth 5.88 fils per share for the year ended on 31 December 2018. Total dividends amount AED 735 million for the …
Cash Dividends
ADNOC eyes further expansion in the UAE and internationally this year.
14 February 2019 01:40 PM ADNOC Distribution sees AED 2bn profit in 2018
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) on Thursday reported an 18% year-on-year increase in profits for the full-year 2018. Net profits amounted to AED 2.12 billion in 2018, compared to AED 1.80 …
Financial Results
The new stations feature Géant Express convenience stores
30 January 2019 04:54 PM Adnoc Distribution inaugurates 3 new stations in Dubai
Abu Dhabi – Mubasher: Adnoc Distribution has opened three solar-powered service stations in Dubai. The new stations feature Géant Express convenience stores, Oasis Cafés, free Wi-Fi and EV chargers, according to a statement released on Wednesday. …
Companies Investments
ADNOC Distribution posted a net profit of AED 1.67 billion in 9M
15 November 2018 10:25 AM ADNOC Distribution’s profit jumps 55% in Q3
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) on Thursday reported a 55% year-on-year profit growth in the third quarter of 2018. The fuel distribution unit of Abu Dhabi National Oil Company (Adnoc) …
Financial Results
Signing the Agreement
3 November 2018 06:04 PM ADNOC Distribution signs renewable energy deal with JCCP
ABU DHABI – Mubasher: ADNOC Distribution has signed an agreement with Japan Cooperation Centre Petroleum (JCCP) to supply, install and pilot the use of a photovoltaic (PV) solar power system at one of its service stations on Yas Island.  The deal …
Companies Investments
The cash dividends amount to 5.88 fils per share
14 October 2018 00:09 PM ADNOC Distribution nods to 5.88 fils/shr cash dividend
Abu Dhabi – Mubasher: UAE-based ADNOC Distribution’s shareholders have approved the distribution of a cash dividend for the first half of the current fiscal year 2017/2018.  The cash dividends amount to 5.88 fils per share, the company said in a …
Cash Dividends
Baker Hughes acquires stake in ADONC Drilling at $550m
8 October 2018 00:21 PM Baker Hughes acquires $550m stake in UAE's ADNOC Drilling
Abu Dhabi – Mubasher: Baker Hughes on Monday signed an agreement with ADNOC Drilling, the subsidiary of the Abu Dhabi National Oil Company (ADNOC) to acquire a 5% stake in the unit at a value of AED 2 billion ($550 million). This deal is …
Mergers and Acquisitions
ADNOC is currently having three undergoing projects in the emirate of Dubai
29 August 2018 10:37 AM ADNOC Distribution eyes further expansion – CEO
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company's (ADNOC) distribution unit, ADNOC Distribution, is looking to expand its footprint in the UAE during the coming period, CEO Saeed Mubarak Al Rashdi has said. ADNOC is currently having three …
Management Decisions
Photo Archive
25 August 2018 05:05 PM ADNOC to sell minority stakes in refining unit
Abu Dhabi - Mubasher: The Abu Dhabi National Oil Company (ADNOC) is in advanced talks to to sell minority stakes in its refining business. Negositions are being held with a number of potential buyers, including ENI, the Italian oil and gas giant, …
Mergers and Acquisitions
Revenues levelled up 16% during H1-18
13 August 2018 09:46 AM ADNOC Distribution logs AED 1.12bn profit in H1
Abu Dhabi – Mubasher: The UAE-based ADNOC Distribution on Monday posted an 18% year-on-year increase in net profit during the first half of 2018. The fuel distribution unit of Abu Dhabi National Oil Company (ADNOC) logged a net profit of AED 1.124 …
Financial Results
ADNOC Distribution opens Géant Express stores in UAE
24 July 2018 00:53 PM ADNOC Distribution opens Géant Express stores in UAE
Abu Dhabi – Mubasher: ADNOC Distribution on Tuesday announced the opening of the first wave of Géant Express convenience stores in the UAE. The first launch includes five stores, the first of which was opened in May, while the remaining four will …
Companies Investments
ADNOC plans to increase the output of Bu Haseer field to 16,000 bpd
25 June 2018 05:26 PM National Petroleum Construction wins AED 1.65bn contract from ADNOC
Abu Dhabi – Mubasher: National Petroleum Construction Company (NPCC) has been awarded an AED 1.65 billion ($450 million) contract from Abu Dhabi National Oil Company (ADNOC) to develop Bu Haseer offshore field in Bahrain. NPCC also won the …
Companies Investments
Ratnagiri refinery enjoys a crude processing capacity of 1.2 million bpd
25 June 2018 02:29 PM Adnoc, Saudi Aramco establish new foothold in India
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (Adnoc) has signed a memorandum of understanding (MoU) with Saudi Aramco to acquire a 50% stake in India’s $44 billion Ratnagiri refinery and petrochemical complex.  The remaining stake will be …
Companies Investments
The date of such offering was not determined
6 June 2018 00:24 PM Adnoc may offer 10% stake in distribution unit
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ANDOC) is reportedly planning to offer a 10% stake in its distribution unit on the stock market, informed sources told Reuters. The date of such offering was not determined yet and it will be …
Companies Investments
Revenue also surged 13% year-on-year to AED 5.16 million
16 May 2018 00:18 PM Adnoc Distribution posts AED 542m net profit in Q1
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company’s (ADNOC) distribution unit, Adnoc Distribution, has reported a 12% hike in net profit during the first quarter of 2018, registering about AED 542.2 million. Revenue also surged 13% year-on-year …
Financial Results
The other nine stores are projected to open at the Abu Dhabi-based firm’s sites in the second and third quarters of 2018
13 May 2018 09:20 AM Géant Express opens 1st store at UAE’s ADNOC Distribution station
Abu Dhabi – Mubasher: ADNOC Distribution on Sunday announced the inauguration of the first of ten Géant Express branded convenience stores at its service stations in the UAE. The other nine stores are projected to open at the Abu Dhabi-based …
Companies Investments