ADNOC Gas has reported net income of $1.34bn for the third quarter of 2025 (Q3 2025), its highest-ever third-quarter net income figure and an increase of 8% compared to the same period last year. The company’s year-to-date net income stood at $3.99bn, a 10% increase over the previous year. This was achieved despite a decline in average oil prices from $83 per barrel (bbl) in 2024 to $71/bbl in the first nine months of 2025. The company’s revenues for Q3 stood at $5.9bn, a 6% decrease compared to $6.2bn ...