Dana Gas Q1 net profit halves to $6mAbu Dhabi-listed energy firm Dana Gas reported a 50 per cent drop in first-quarter profit on Wednesday that it blamed on lower hydrocarbon prices and reduced output in Egypt and Kurdistan. Dana made a net profit of $6 million in t More… |
Kuwait mulls domestic energy price reformsKuwait is considering several options for energy subsidy reforms but any possible rise in domestic prices would not impact citizens' livelihood, the chief executive of state oil firm Kuwait Petroleum Corp said on Tuesday. Niza More… |