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The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

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Total income rises by 12 percent, operating profit up 13%.

Four firms to partner for Co2 removal

  • The technology permanently mineralizes carbon dioxide (CO2) within rock formations found in the Emirate of Fujairah.
  • Fujairah has been selected for this pilot for to its abundance of peridotite, a form of rock that naturally reacts with CO2 to mineralize it.

Abu Dhabi, UAE–ADNOC Tuesday announced a partnership with the Fujairah Natural Resources Corporation (FNRC), Abu Dhabi Future Energy Company (Masdar) and 44.01 to pilot technology that permanently mineralizes carbon dioxide (CO2) within rock formations found in the Emirate of Fujairah.

The announcement was made at the Abu Dhabi Sustainability Week (ADSW).

The project, due to commence in January 2023, will use 44.01’s Earthshot prize-winning Carbon Capture and Mineralization (CCM) technology to eliminate CO2 from the atmosphere. It will be the first CCM project by an energy company in the Middle East.

Fujairah has been selected for this pilot for to its abundance of peridotite, a form of rock that naturally reacts with CO2 to mineralize it.

In this pilot, CO2 will be captured from the air, dissolved in seawater, and then injected into peridotite formations deep underground, where it will mineralize – ensuring that it cannot escape back into the atmosphere.

The project will be powered by solar energy supplied by Masdar. A successful pilot would open the possibility of mineralising billions of tons of captured CO2 across the region.

Talal Hasan, Founder and CEO of 44.01, stated, “Removing CO2 from the atmosphere is vital if we are to halt and ultimately reverse climate change. Unlike CO2 storage, mineralization removes CO2 permanently by turning it into rock, minimizing the need for long-term monitoring and insurance. This pilot will enable us to test our technology at scale, on our way to offering a safe, cost-effective, natural solution for eliminating captured CO2 internationally.”