Saturday 27 August 2016
 
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Taqa

Taqa Q2 net loss widens to $160m

Abu Dhabi National Energy Co (Taqa), the state-owned oil explorer and power supplier, on Wednesday reported a second-quarter net loss of Dh588 million ($160.2 million), as it was hit by low oil prices. This compares with a net los

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Taqa eyes $1bn in first bond sale since 2014

Abu Dhabi National Energy Company, the state-controlled energy investor, is returning to international bond markets for the first time since 2014 to help it refinance debt due in October. The company known as Taqa is offering five

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Taqa eyes $1bn in first bond sale since 2014

Abu Dhabi National Energy Company, the state-controlled energy investor, is returning to international bond markets for the first time since 2014 to help it refinance debt due in October. The company known as Taqa is offering five

More…

Abu Dhabi's Taqa mandates banks for US dollar bond

Abu Dhabi National Energy Company (Taqa) has mandated BNP Paribas, Citi, First Gulf Bank, HSBC, National Bank of Abu Dhabi and SG CIB as joint bookrunners to arrange investor meetings for a possible bond issue, a document from arrangers showed.

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Taqa swings to Q1 net loss of $165m

Abu Dhabi National Energy Co (Taqa), the state-owned oil explorer and power supplier, swung to a first-quarter net loss, it said on Wednesday. Taqa, majority-owned by Abu Dhabi's government, made a net loss attributable to equ

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Taqa 'considering bond issue'

Abu Dhabi National Energy Company (Taqa) is the latest entity from the region considering an international bond, according to several sources. The company sent an RFP to banks recently, which was due on May 8. If Ta

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Taqa 'considering bond issue'

Abu Dhabi National Energy Company (Taqa) is the latest entity from the region considering an international bond, according to several sources. The company sent an RFP to banks recently, which was due on May 8. If Ta

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Abu Dhabi Taqa 'not in talks to sell assets'

Abu Dhabi National Energy Company (Taqa) said on Wednesday that it is not in talks with any entity to sell its oil and gas assets. The brief statement to Abu Dhabi's stock exchange did not elaborate. Reuters rep

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Taqa mulls sale of overseas oil, gas assets

Abu Dhabi National Energy Co is considering whether to sell its overseas oil and gas assets to another Abu Dhabi state-owned entity as it focuses on its core business of power generation and water production, sources told Reuters.

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Taqa slashes 2016 capital expenditure

Abu Dhabi National Energy Company (Taqa) has slashed its proposed capital expenditure for 2016 despite reporting on Thursday a narrower fourth-quarter loss, as the company is impacted by lower oil prices. Global oil firms have bee

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