Posted inDRILLING & PRODUCTION

TAQA to conduct strategic review of its international oil and gas business

TAQA's latest strategy focuses on developing its utilities business in the UAE and internationally

Abu Dhabi National Energy Company PJSC (“TAQA”), one of the largest listed integrated utility companies in the region, announced today that it has initiated a strategic review of its oil and gas operations.  Since 2005, TAQA has built a high-quality portfolio of upstream and midstream oil and gas operations in the UK North Sea, the […]

Posted inProducts & Services

Agility reports $128 million Q2 2021 net profit

All of Agility’s largest businesses reported Q2 growth and profitability levels that were at or above pre-pandemic levels in 2019

Agility, a supply chain services, innovation and investment company, today reported second quarter 2021 earnings of 18.32 fils per share on net profit of $128 million (KD 38.6 million), an increase of 503.7% over the same period in 2020. EBIT increased 202.6% to KD 29.6 million, and revenue grew 26.6% to KD 112.2 million. For […]

Posted inPower List

Mohammad Iravani

Dana Energy is part of the Iranian government’s plans to boost output and prepare to rejoin global markets and export its oil. Dana Energy is joining Pasargad Energy Development Company in order to explore the southern stretch of the Azadegan field, which is shared with Iraq and has an estimated 32 billion barrels of oil […]