Thursday 28 March 2024
 
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Egypt assets

German utility RWE plans Egypt assets sale

German utility RWE has earmarked oil and gas assets in Egypt for sale in a bid to shore up its finances as Germany moves to exit nuclear energy, the Financial Times reported on Friday. RWE-DEA, the company's oil and gas exploration unit, h

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Dana Gas swings to Q4 profit, beats analysts view

UAE-based Dana Gas reported a higher-than-expected fourth quarter net profit of Dh59 million ($16.07 million), helped by higher production after posting a loss of Dh193 million a year ago. The Gulf's only listed natural gas company, Da

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