This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

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.

ADNOC partners with BP, Masdar

  • ADNOC and BP will begin the design phase of the H2Teesside low-carbon hydrogen project.
  • Cooperation agreements related to BP's HyGreen Teesside, a large-scale green hydrogen production facility in UK.

Abu Dhabi National Oil Company (ADNOC) will create green hydrogen and sustainable aviation fuel (SAF) in partnership with UK energy major BP and Masdar, UAE’s renewable energy company.

ADNOC signed a deal with both the companies for the same as the oil producer seeks to develop clean fuels in line with an energy transition plan.

The cooperation agreements related to BP’s HyGreen Teesside, a large-scale green hydrogen production facility in the UK.

ADNOC and BP will begin the design phase of the H2Teesside low-carbon hydrogen project.

Also, Masdar and BP signed an MOU to potentially collaborate on the green hydrogen project which will be powered by offshore wind.

This will be ADNOC’s first investment in the UK, it said in a statement on Tuesday.

ADNOC, BP and Masdar will also explore the production of SAF in the UAE using solar-to-green hydrogen and municipal waste gasification.

This includes leveraging the capabilities of the UAE’s Tadweer (Abu Dhabi Waste Management Centre) and Etihad Airways.

The deals build upon the strategic framework agreements signed during the 2021 visit to the UK by UAE President Sheikh Mohammed bin Zayed Al Nahyan.