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Taqa ranked top UAE energy firm by ForbesThe Abu Dhabi National Energy Company (Taqa), the global diversified energy company, was ranked the top UAE energy firm by Forbes magazine. It was also ranked second out of energy companies ranked as part of Forbes Middle East mag More… |
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Taqa begins restart of UK brent oil flowAbu Dhabi National Energy Company (Taqa) said it has begun the process of restoring the flow of an estimated 80,000 barrels per day (bpd) of crude oil in Britain's Brent pipeline system, which forms part of the global Brent oil benchmark. More… |
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Abu Dhabi Taqa inks $2.5bn syndicated loanAbu Dhabi National Energy Company (Taqa) has signed a $2.5 billion syndicated loan after launching the deal at $2 billion in October, the 10 arranging banks said in a statement. The deal is a boost for international banks hungerin More… |
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Taqa launches two-tranche $2bn bondAbu Dhabi National Energy Company (Taqa) launched a $2 billion two-part bond on Wednesday, arranging banks said, with final pricing tighter than earlier indicated due to strong demand for the deal. The company, 75-per cent owned b More… |
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Taqa eyes dual-tranche bondAbu Dhabi National Energy Company (Taqa) is preparing to price a two-tranche dollar-denominated bond issue, maturing 2018 and 2023, after roadshows conclude on Tuesday, arranging banks said. Taqa, which is 75-per cent owned by the More… |
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Taqa buys key stake in Kurdistan oil blockAbu Dhabi National Energy Company (Taqa) has signed an agreement to acquire a 53.2 per cent interest in the Atrush block in the Kurdistan region of Iraq from General Exploration Partners, an affiliate of Aspect Holdings. Taqa, which is More… |
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Taqa swings to Q3 loss on low gas pricesState-owned Abu Dhabi National Energy Company (Taqa) has announced plans to cut its spending in North America by 30 per cent in 2013 after swunging to a third-quarter loss, hurt by increased costs and lower natural gas prices, which offset a ris More… |
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Taqa eyes Iraqi Kurdistan oil stakeAbu Dhabi National Energy Company (Taqa) is in advanced talks to buy a stake in an oil block in Iraqi Kurdistan via joint-venture firm General Exploration Partners (GEP), industry sources said. GEP is a joint venture between priva More… |
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Taqa plans to spend $2.2bn in 2012Abu Dhabi National Energy Company (Taqa), the energy and utility firm which is 75-per cent owned by the Abu Dhabi government, said it was on track to make capital expenditures of $2.2 billion this year. The Abu Dhabi firm said its net p More… |
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Taqa H1 net profit surges 67pc, revenues dropAbu Dhabi National Energy Company (Taqa), a state-owned oil explorer and power supplier, said its net profit for the first half increased 67.1 per cent year-on-year to hit Dh981 million ($267 million) compared to Dh587 million in 2011. More… |
