The agreement between the two firms, announced in October, was terminated after they failed to finalise terms, Dana Gas said in a statement
oil and gas business
Abu Dhabi National Oil Co.
Abu Dhabi oil giant Adnoc considers drilling, fertiliser IPOs
Deals could raise more than $1 billion each, according to sources
Aramco Oil Pipelines Company
Aramco selling $12.4 billion stake in pipeline rights unit
The group will acquire a 49 percent equity stake in Aramco Oil Pipelines Co., a newly formed entity with rights to 25 years of rate payments for oil shipped through the Saudi oil giant’s network of conduits
Mubadala Investment
UAE fund Mubadala may join $12 billion Aramco oil pipelines deal
Mubadala Investment Co. may join a group investing $12.4 billion in Saudi Aramco’s oil pipelines, according to a spokesperson for the Abu Dhabi wealth fund
energy business
Oman is said to study strategic options for state energy firm OQ
The Omani government has been speaking with potential advisers as it considers alternatives for OQ, which could also include selling a stake in the business or one of its subsidiaries
Abu Dhabi National Energy Company
Abu Dhabi utility Taqa to weigh sale of oil and gas assets
Taqa is speaking with potential advisers as it reviews a business that spans countries including the UK and Canada
ADNOC
UAE, Israel start talks on energy cooperation as ties normalise
Countries discussed ways to develop bilateral relations and cooperation in energy, petroleum and natural gas
Amazon
Video: Google and Amazon are now in the oil business
Google, Microsoft, and Amazon are teaming up with Big Oil to squeeze more oil and gas out of the ground using machine learning technology.
Abu Dhabi International Petroleum Exhibition and Conference
In pictures: ADIPEC 2019 kicks off in Abu Dhabi
Mansour bin Zayed Al Nahyan, inaugurates the 35th edition of Abu Dhabi International Petroleum Exhibition and Conference at the Abu Dhabi National Exhibition Centre (ADNEC).
Abu Dhabi
Video: We’ve made substantial investment in the US, says Mubadala Petroleum CEO
We’re carefully studying the changing landscape around sustainability and energy use, says Musabbeh Al Kaabi, CEO of Mubadala Petroleum & Petrochemicals.
Chansin Treenuchagron
Thai oil giant PTT seeks partnerships with Middle East producers
Oil companies from Saudi Arabia and the UAE have been investing in Asian oil refiners to lock in buyers for their crude in the region with the fastest growing demand
King Salman Energy Park
Dubai’s Oilfields Supply Centre to establish oil and gas sector incubator for SMEs in Saudi Arabia
OSC plans to invest approximately $450m over the next two years at Saudi Arabia’s King Salman Energy Park
Amin Nasser
Saudi Aramco constructing international gas business to reduce carbon footprint
Aramco CEO Amin Nasser said that the company is creating an “energy bridge” to China to meet its demand for oil and gas
aramco saudi arabia
Russian Direct Investment Fund close to equipment deal with Saudi Aramco
RDIF CEO Kirill Dmitriev says that Saudi Aramco is eyeing a number of opportunities in Russia
Abu Dhabi
Rising oil prices sees TAQA profits soar fivefold
The company’s power and water business continue to deliver steady income, while the company has also benefitted from a higher oil price environment