Taqa | Egypt Oil & Gas - Part 3

Abu Dhabi’s Taqa Posts Q1 Loss Hurt by Low Oil Prices

TAQA reported a first-quarter net loss hurt by low oil prices. The company, majority-owned by Abu Dhabi's government, reduced its first-quarter revenue by 24% following a 43% drop in the price it sold its oil and gas.

Taqa Taps First North Sea Oil

Abu Dhabi's National Energy Company, Taqa announced it had tapped first oil from the Cladhan field in the UK North Sea.

TAQA to Build New Solar Plants in Egypt

TAQA Arabia is seeking to expand its solar power generation projects in Egypt.

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 ...

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