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Business, Economy

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Increase in Japan’s imports of UAE crude oil in March

Japan's imports of crude oil from the United Arab Emirates increased significantly in March 2022. File/AFP
By TRENDS Desk
May 4, 2022 9:38 am
  • This puts the UAE on the top of crude oil providers and at crucial importance for the Japanese energy needs
  • Japan's total oil imports in March amounted to 89.15 million barrels, compared to 78.51 million barrels in February

Japan’s imports of crude oil from the United Arab Emirates increased significantly in March 2022, reaching 34.11 million barrels, or 38.3 percent of the total, compared to 24.67 million barrels, or 31.4 percent in February, according to data from the Agency for Natural Resources and Energy, that belong to the Ministry of Economy, Trade and Industry.

This puts the UAE on the top of crude oil providers and at crucial importance for the Japanese energy needs.

Japan’s total oil imports in March amounted to 89.15 million barrels, compared to 78.51 million barrels in February.

The mentioned figures represent the quantities of oil that reached Japanese refineries, storage tanks and warehouses. The Asian nation uses oil to generate about a third of its energy needs.

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