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Выбор редакции
17 июля 2017, 19:16

TAQA lets contract for Otter field

Abu Dhabi National Energy Co. PJSC (TAQA) has let an engineering, procurement, construction, installation, and commissioning (EPCIC) contract to OneSubsea, a Schlumberger company, for a subsea multiphase boosting system for Otter field in the UK North Sea. Terms were not disclosed.

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03 июля 2017, 17:35

Oil production starts from Kurdistan’s Atrush block

Abu Dhabi National Energy Co. PJSC (TAQA) Atrush BV subsidiary brought oil production on stream at its Atrush block in Iraq’s Kurdistan region on July 3 through the Atrush central processing unit, which has the capacity to handle as much as 30,000 b/d.

22 мая 2017, 09:00

Timera take on the Flame gas conference

The focus of the 2017 Flame conference highlighted several themes that are likely to dominate the evolution of business models, investment and market dynamics.

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21 апреля 2017, 22:20

Low Oil Prices Force Abu Dhabi To Sell U.S. Assets

Prolonged low oil prices— which have prompted all companies in the sector to rethink strategies and shore up finances —have not spared the wealthy Middle Eastern governments and their state-held energy firms. Abu Dhabi, one of the seven emirates of the United Arab Emirates (UAE), has been feeling the oil crunch and cutting spending to adapt to the new oil order. The lower-for-longer prices and the austerity drive had a ripple effect on Abu Dhabi’s state-run energy companies. Now Abu Dhabi National Energy Company, known as Taqa,…

31 марта 2017, 01:44

Trump’s Keystone XL Permit To Face Legal Challenge From Environmental Groups

Environmental activists are organizing a legal challenge to the White House’s approval of a permit that will allow for the construction of the Keystone XL pipeline, which was blocked by former President Barack Obama due to environmental concerns.The Sierra Club, along with the Natural Resources Defense Council and other groups, argues that building the $8 billion project requires additional scrutiny of the environmental risks beforehand.The 2014 environmental impact assessment “downplays or ignores other significant environmental impacts…

31 марта 2017, 01:44

Venezuela Oil Woes Cut Gasoline Exports to Cuba

Venezuela’s problems are spreading to its trading partners: Cuba announced it will be cutting supplies of premium gasoline because of declines in imports from Venezuela. This puts Cuba in a difficult position as the Venezuelan fuel imports are subsidized, and replacing them will be a headache. Although premium fuel is used by a minority of vehicles on the island – diplomats and businessmen working in joint ventures, as well as state officials – a shortage is always bad news and drivers of newer cars that use premium fuels have…

30 марта 2017, 20:09

Venezuela Eyes Investment In Sudan’s Ailing Oil & Gas Sector

Venezuelan and Sudanese government officials are discussing possible investments in the oil and gas industry of Sudan. Both countries are experiencing serious economic woes, Venezuela reeling from the severe blow from low oil prices and mismanagement of the state oil company that plunged it into a recession, and Sudan trying to recover from the loss of 75 percent of its crude oil revenues after South Sudan seceded. Currently, Sudan produces approximately 100,000 barrels of oil daily, with its remaining reserves estimated at 3.5 billion barrels.…

30 марта 2017, 19:51

Abu Dhabi’s Taqa Books Biggest Loss Ever On Oil Assets Write-Down

Low oil prices have been not only weighing heavily on the financials of western oil majors, but also led to Abu Dhabi National Energy Company -- also known as Taqa -- writing down billions of dollars worth of oil and gas assets that resulted in a huge loss for 2016, the biggest loss the company has ever recorded. State-controlled Taqa said on Thursday that it booked a net loss of $5.2 billion (19 billion dirhams), mostly due to impairment of $4.6 billion (16.9 billion dirhams), primarily related to oil and gas assets in response to lower commodity…

10 августа 2016, 13:49

HILLARY AIDE OKAYED ABU DHABI DEAL THAT PAID BILL $500,000 FOR A SPEECH: Richard Nixon had an 18-min…

HILLARY AIDE OKAYED ABU DHABI DEAL THAT PAID BILL $500,000 FOR A SPEECH: Richard Nixon had an 18-minute gap in a tape recording that was well and truly erased. Hillary Clinton has thousands of emails that were deleted but can never be erased. Slowly but surely, they are seeing the light of day and they […]

30 июня 2016, 11:39

Власти ОАЭ объединят крупнейшие инвестфонды

Наследный принц Абу-Даби Мохаммед бин Зайед аль-Нахайян распорядился объединить государственные инвестиционные компании Mubadala Development Company PJSC и International Petroleum Investment Co. (IPIC).

30 июня 2016, 10:50

Власти ОАЭ объединят крупнейшие инвестфонды

Наследный принц Абу-Даби Мохаммед бин Зайед аль-Нахайян распорядился объединить государственные инвестиционные компании Mubadala Development Company PJSC и International Petroleum Investment Co. (IPIC).

30 июня 2016, 10:50

Власти ОАЭ объединят крупнейшие инвестфонды

Наследный принц Абу-Даби Мохаммед бин Зайед аль-Нахайян распорядился объединить государственные инвестиционные компании Mubadala Development Company PJSC и International Petroleum Investment Co. (IPIC).