News Archive
Energy Sector News
2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC
<1>
Sukuk payback haunts Dana Gas (The National - 27/05/2012)

When Dana Gas shareholders meet on Thursday to elect a new board, personnel issues are likely to be overshadowed by the company's financial affairs. Long-suffering equity investors have seen the value of their shares decline by more than 90 per cent from
Moody s Reaffirms Nakilat Inc. Rating with "Stable" Outlook (QNA - 20/05/2012)

Qatar Gas Transport Company (Nakilat) announced Sunday that the rating agency Moody's Investors Service has reaffirmed Nakilat Inc.’s senior secured debt rating at "Aa3" and its subordinated debt rating at "A1" with a stable outlook respectively. Qatar
Dana Gas, creditors to thrash out sukuk deal (Reuters - 19/05/2012)

Dana Gas could become the first company in the UAE to restructure a bond as concerns rise that it will not have enough cash to repay a $1 billion convertible sukuk (Islamic bond) at maturity in October. The Abu Dhabi-listed firm said this week it had
Dana Gas eyes sukuk accord (Gulf Daily News - 16/05/2012)

Dana Gas said it wanted to find a consensual deal to repay the remainder of a $1 billion sukuk maturing in October, and confirmed it had hired advisers to weigh up various options for the repayment. The Abu-Dhabi-listed natural gas producer's share price
Dana Gas reports strong profit growth for Q1 2012 (AME Info - 15/05/2012)

Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, announces its financial results for the first quarter ended 31st March 2012 with a net profit after tax of Dhs206m, more than double that reported in the first quarter
Oula installs air, water towers at 20 of its stations (Al Watan - 15/05/2012)

As part of Oula Fuel Marketing Company's ongoing efforts to upgrade and add valuable services to its existing and new stations, the company has recently installed new air and water towers in 20 stations with the goal to complete installation in the
Aabar takes majority stake in Arabtec (Reuters - 14/05/2012)

Abu Dhabi fund Aabar Investments has raised its stake in Arabtec Holding to 53 percent, a market official said yesterday, effectively taking control of Dubai's largest builder after a failed $1.7 billion bid two years ago. The state-owned fund, which
National Gas in deal with Shell Malaysia (Oman Daily Observer - 12/05/2012)

National Gas Company’s Malaysian subsidiary, NGC Energy Sdn Bhd, has signed a sale and purchase agreement covering the acquisition Shell Malaysia Trading Sendirian's LPG assets and business in West Malaysia. The liabilities/obligations of NGC Energy Sdn
Aabar signs $2bn deal with Chinese (The National - 10/05/2012)

Aabar has signed a US$2 billion (Dh7.34bn) deal with China to develop 30 properties in Abu Dhabi. China State Construction Engineering Corporation has an agreement with Aabar, an Abu Dhabi Government investment vehicle, to develop the projects including
Dana Gas Investors Said to Hire Linklaters to Broker Deal (Bloomberg - 08/05/2012)

Investors in Dana Gas PJSC (DANA)’s $1 billion Islamic bonds hired Linklaters LLP to help negotiate the restructuring of the debt due in October, three people familiar with the matter said. The London-based law firm was hired last month, according to the
<1>
Research Reports
GCC Stock Markets - Daily Daily Market Review - Saudi Stock Exchange Daily Market Review - Dubai Financial Market Daily Market Review - Abu Dhabi Securities Exchange Daily Market Review - Kuwait Stock Exchange more..
Most Viewed News
Most Viewed Companies
Ticker Price Volume
RIBL 24.7 220,469
EMAAR 5.66 7,755,492
ALKHODARI 31.2 395,717
UCA 36.5 203,884
NBAD 12.35 328,558
WATANIYA 99.25 509,246
SAGRINSURANCE 24.2 518,593
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Are you satisfied with your full-service broker?