Monday 26 January 2015
 
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Dana Gas

Dana Gas CEO says oil price collapse could delay Egypt payments

The collapse in oil prices could delay the efforts of UAE-based Dana Gas to recover overdue receivables from Egypt, its chief executive said.   Egypt is behind on payments to

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Dana Gas gets $60m from Egypt

Dana Gas, the Middle East's leading regional private sector natural gas company, has received $60 million (Dh220 million) from the Egyptian Government. The payment represents 28 per cent of the total overdue receivables of $21

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Dana Gas says Kurdistan failed to pay $100m

Dana Gas, one of the largest investors in Iraq's Kurdistan, said the semi-autonomous region had failed to pay $100 million as instructed by a London arbitration court, prompting Dana to ask the court

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Dana Gas in talks with Egypt over revising gas prices

The UAE-based Dana Gas said it was in talks with the Egyptian government to secure a higher price for some of the natural gas it extracts, as the North African country moves to encourage investment in energy.   S

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Dana Gas in talks with Egypt to hike gas prices

UAE-based Dana Gas said it was in talks with the Egyptian government to secure a higher price for some of the natural gas it extracts, as the North African country moves to encourage investment in energy. Steadily declining gas pr

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Dana Gas posts 36pc jump in Q3 net profit

Dana Gas, the UAE energy firm, reported a 36 per cent rise in third-quarter net profit on Wednesday as production increased and it reined in costs. The Sharjah-based company made a profit of $38 million in the three months to Sept

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Dana Gas Q3 profit up 36pc as costs fall

Abu Dhabi-listed Dana Gas reported a 36 per cent rise in third-quarter net profit as increased production and lower costs offset falling oil prices.   The Sharjah-based company, which has operations i

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Dana Gas 9-month revenue surges 16pc

Dana Gas, a leading regional natural gas company, has posted revenues of $541 million during the first nine months of the year  period as against $466 million in 2013, marking a 16 per cent increase. Net profit in the nine mo

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Dana Gas signs deal to recover $280m owed by Egypt

Dana Gas has signed a revised deal with Egypt that will help it to recover most of the $280 million it is owed by the government for exploration and production assets in the country, the UAE energy company said.  

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Dana Gas wins two Nile Delta concessions

Dana Gas Egypt, a subsidiary of UAE-based Dana Gas, a top private sector natural gas company, has been awarded two onshore concessions in the Nile Delta as part of the 2014 EGAS bidding round held recently in Egypt. The concession

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