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Qatar Energy reports 58% jump in annual profit for 2022 to $42 47 billion

Qatar Energy on Tuesday reported a 154.6 billion riyal ($42.47 billion) net profit for 2022, a 58% rise in a year when demand for liquefied natural gas surged following Russia's invasion of Ukraine.

Bank of America profit beats on boost from interest income, investment banking

Bank of America's second-quarter profit beat Wall Street estimates as it earned more from customers' loan payments while investment banking and trading fared better than expected.

ADNOC says high-speed hydrogen refuelling station to open this year

State oil giant Abu Dhabi National Oil Company said on Tuesday the region's first high-speed hydrogen refuelling station, which will make "clean hydrogen" from water and which Toyota will help test, will be completed this year.

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