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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

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

Iraq keen to meet fuel needs of Lebanese people: Oil Minister

  • Iraq's oil minister Hayan Abdel-Ghani held a discussion with Lebanon's Minister of Energy and Water, Walid Fayyad.
  • Fayyad appreciated the support extended by the Iraqi government at a time when Lebanon is facing its worst economic crisis.

Baghdad, Iraq — Iraq’s oil minister Hayan Abdel-Ghani has said the Iraqi government was keen to support the Lebanese people and consider their fuel needs.

Abdul-Ghani received the Lebanese Minister of Energy and Water, Walid Fayyad, and his accompanying delegation.

During the meeting, they discussed prospects for bilateral relations and cooperation between the two brotherly countries in the oil and energy sector and ways to enhance them in a way that serves common interests, Iraqi News Agency reported.

The minister said the Iraqi government will study Lebanon’s fuel and crude oil needs and work towards meeting these needs.

For his part, Walid Fayyad appreciated the support of the government and people of Iraq and the Ministry of Oil for the Lebanese people and standing with them in their economic crisis, especially in meeting a large part of their fuel needs to generate electric power.

And Fayyad said, “The meeting with the Deputy Prime Minister for Energy Affairs, Minister of Oil, and officials in the ministry was fruitful and included discussing the possibility of increasing the allocated quantities of black oil and crude oil.”