Tuesday 26 September 2017
 
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natural gas

Coal share in Mena power mix will remain limited

Regional governments are looking at coal to diversify the energy mix and enhance energy security, but despite the several reasons, coal is likely to only play a marginal role in the future of the region’s power sector, a report said.

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Dana Gas H1 profit soars 77pc to hit $23m

Dana Gas, the Middle East’s largest regional private sector natural gas company, has posted a net profit of $23 million for the first half (H1) of the year, as against $13 million during H1 2016,marking an increase of 77 per cent.

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Duqm to receive natural gas supply by 2019

A gas supply agreement to the Special Economic Zone in Duqm (SEZD) in Oman will become operational by 2019, a top official said. “During the past period, several contracts and tenders for the projects have been awarded inclu

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Duqm to receive natural gas supply by 2019

A gas supply agreement to the Special Economic Zone in Duqm (SEZD) in Oman will become operational by 2019, a top official said. “During the past period, several contracts and tenders for the projects have been awarded inclu

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Dana Gas net profit soars 83pc in Q1

Dana Gas, the Middle East’s largest regional natural gas company, has posted a net profit of $11 million for the first quarter (Q1) of the year, as against $6 million during Q1 2016,marking an increase of 83 per cent. The co

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Japan extracts frozen gas from deep seabed

Japan has managed anew to successfully extract natural gas from frozen methane hydrate off its central coast, Pacific Ocean, the Japanese Ministry of International Trade and Industry announced on Thursday. The gas field is about 3

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Oil, gas to play major role in energy mix ‘for decades’

Oil and gas will continue to play a significant role in the future energy mix for decades to come as the world transitions to a sustainable energy future, president and CEO of Saudi Aramco Amin Nasser said at the World Economic Forum (WEF) in Da

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Natural gas seen bullish in H2: Barclays

Natural gas prices are likely to rise in the second half 2017,while copper and iron ore are broadly at fair value, said a commodity research report from Barclays, a British multinational banking and financial services company. &ld

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Turkey to cut gas prices by 10pc from Oct 1

Turkey will reduce the price of natural gas by 10 percent for domestic consumers and industrials from October 1, Energy Minister Berat Albayarak said on Thursday. Speaking in an interview with state-run broadcaster TRT Haber, Alba

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Dana Gas Q2 profit flat at $7m

Dana Gas, a leading natural gas company in the region, has reported a net profit of $7 million for the second quarter (Q2) of the year, similar to the $7 million in Q2 2015. Revenue was $96 million (Dh351 million) as compared to $

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