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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.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

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

Turkey is restarting ruptured oil link connecting Iraq

  • Tuesday's blast along the Kirkuk-Ceyhan link in southern Turkey contributed to a rise in international crude oil prices to a seven-year high
  • The pipeline normally carries more than 450,000 barrels a day from oil fields in northern Iraq to a Turkish port on the Mediterranean Sea

Turkey’s state oil operator said on Wednesday it was about to restart crude flows through a ruptured pipeline linking Iraqi energy fields with international markets.

Tuesday’s unexplained blast along the Kirkuk-Ceyhan link in southern Turkey contributed to a rise in international crude oil prices to a seven-year high.

The pipeline normally carries more than 450,000 barrels a day from oil fields in northern Iraq to a Turkish port on the Mediterranean Sea.

Turkey’s state oil operator Botas said the fire had been fully extinguished late Tuesday but gave no indication for what caused the blast.

It said early on Wednesday that “all the necessary precautions have been taken” and oil flows would resume later in the day.

The blast occurred in wintery weather conditions in a sparsely populated region of southern Turkey.

Images on social media showed huge fireballs illuminating the night sky in snow-covered fields.

Local officials said the blast also halted traffic along a highway linking the southern cities of Adana and Gaziantep.