U.A.E.’s Adnoc Gas to Invest More Than $8 Billion in Expansion Push
Adnoc Gas reported a second-quarter 2026 net income of $665 million on August 10, 2026, beating company guidance despite a 52% profit drop from the previous year. The Abu Dhabi-based company simultaneously approved $8.2 billion in new contracts to expand its Rich Gas Development project to meet rising energy demand. The profit slump follows a … Read more