Taqa | Egypt Oil & Gas - Part 3

Taqa to Divest Itself of its Sole US Wind Power Asset

Abu Dhabi National Energy Co., or Taqa, has filed with US energy regulators to sell its stake in the Lakefield wind power plant in the U.S. state of Minnesota.

Oil Prices Force Taqa to Shift Gears

Abu Dhabi National Energy Company (Taqa) posted a net loss in the third-quarter as revenues were hit by weak oil prices.

TAQA Using Indian Operations to Bolster Revenues

Abu Dhabi National Energy Company (TAQA) has begun selling electricity from its hydro-power project in northern India.

TAQA Arabia, EGB Strike A Deal to Finance National Gas Project

TAQA Arabia announced in a press release that it has reached an agreement with the Egyptian Gulf Bank (EGB) over financing the project connecting household units and businesses to the national gas grid. The agreement ...

Khaled Abu Bakr: New Gas Find Will Change the Energy Map for Egypt and the World

Khaled Abu Bakr, Executive Chairman of Taqa Arabia, said that the greatest challenge facing Egypt is legislative

NBE’s Loans to the Petroleum Sector Amount 40bn

Ayman Yassin, Head of Corporate Banking Group at the NBE told Daily News Egypt in an interview that the petroleum sector's loan for the fiscal year of 2014/2015 had reached 40bn, in comparison with 27bn in the fiscal ...

Moroccan Power Company Taqa Doubles Full-Year Net Profit

Moroccan power company Taqa Morocco, owned by Abu Dhabi National Energy Co , reported 2014 net profit attributable to shareholders up 102 percent to 799 million Moroccan dirham ($83.6 million), citing production fro ...

TAQA acquires operating interest in Kurdistan block

Abu Dhabi National Energy Company PJSC (TAQA) has signed an agreement to acquire a 53.2% interest in the Atrush block in the Kurdistan region of Iraq from General Exploration Partners, Inc., an affiliate of Aspect Ho ...

Taqa profit falls 47% as UK tax on North Sea rises

Abu Dhabi National Energy Company (Taqa) said yesterday its net profit for the fiscal first quarter fell 47 per cent year on year to Dh152 million due to an increase in taxes on operations in the UK North Sea.

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