Friday 3 July 2015
 
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Dana Gas

Dana Gas inks exploration deal with BP

The United Arab Emirates' Dana Gas has signed an agreement for BP to pay for part of its exploration costs in the El Matriya onshore concession area in Egypt, the UAE firm said on Tuesday. BP will pay for up to $39 million of

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Dana Gas Q1 profit tumbles 73pc

United Arab Emirates energy firm Dana Gas posted a 73.3 per cent drop in its first-quarter net profit on Tuesday due to lower hydrocarbon prices but said it was pressing ahead with an offshore gas project in its home country. The

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Dana Gas blames oil slump, impairment for Q4 loss

Abu Dhabi-listed Dana Gas reported a fourth-quarter loss on Thursday that the company blamed on lower oil prices and an impairment charge. Dana Gas, based in Sharjah, one of the seven emirates in the UAE, made a net loss of Dh15 m

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Dana Gas CEO says oil price collapse could delay Egypt payments

The collapse in oil prices could delay the efforts of UAE-based Dana Gas to recover overdue receivables from Egypt, its chief executive said.   Egypt is behind on payments to

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Dana Gas gets $60m from Egypt

Dana Gas, the Middle East's leading regional private sector natural gas company, has received $60 million (Dh220 million) from the Egyptian Government. The payment represents 28 per cent of the total overdue receivables of $21

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Dana Gas says Kurdistan failed to pay $100m

Dana Gas, one of the largest investors in Iraq's Kurdistan, said the semi-autonomous region had failed to pay $100 million as instructed by a London arbitration court, prompting Dana to ask the court

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Dana Gas in talks with Egypt over revising gas prices

The UAE-based Dana Gas said it was in talks with the Egyptian government to secure a higher price for some of the natural gas it extracts, as the North African country moves to encourage investment in energy.   S

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Dana Gas in talks with Egypt to hike gas prices

UAE-based Dana Gas said it was in talks with the Egyptian government to secure a higher price for some of the natural gas it extracts, as the North African country moves to encourage investment in energy. Steadily declining gas pr

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Dana Gas posts 36pc jump in Q3 net profit

Dana Gas, the UAE energy firm, reported a 36 per cent rise in third-quarter net profit on Wednesday as production increased and it reined in costs. The Sharjah-based company made a profit of $38 million in the three months to Sept

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Dana Gas Q3 profit up 36pc as costs fall

Abu Dhabi-listed Dana Gas reported a 36 per cent rise in third-quarter net profit as increased production and lower costs offset falling oil prices.   The Sharjah-based company, which has operations i

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