Page 4 - Patrick Allman News Today

Dana Gas PJSC has announced its financial results for the half year ended 30 June 2022. In the first six months of the year, the Company generated a net profit of AED 407 million ($111mm) or 5.8 fils per share, an 82% increase compared to an adjusted net profit (excluding reversal of impairment) of AED

Dana Gas did however record higher output from operations in Kurdistan region of Iraq

In an unprecedented attack on Mach 13, Irans Islamic Revolutionary Guards Corps (IRGC) lobbed 12 missiles at a private villa belonging to oil mogul Baz Karim Barzanji in Erbil, the capital of Iraqs Kurdish autonomous region. The attack was puzzling

From the Covid-19 pandemic and supply chain shocks to rising inflation and Russia’s invasion of Ukraine, governments and businesses around the world are attempting to tackle and solve major crises — many of them interlinked — on multiple fronts. Against this challenging backdrop, energy markets have been roiled, with gas and oil prices surging and ...

Business leaders weigh in on the energy transition and the potential for solar and wind.

The companys net profit more than doubled, however.

Dana Gas, the Middle East’s largest regional private sector natural gas company, today announced a 125% jump in net profit for Q1 2022, reaching AED198 million ($54 million) or 2.8 fils per share as compared to AED88 million in Q1 2021.

Dana Gas also begins the process to find a new CEO, which would take up rest of 2022

Dana Gas, the Middle East’s largest regional private sector natural gas firm, has been included in the FTSE ADX 15 Index (FADX 15), the Abu Dhabi Securities Exchange (ADX)’s new blue chip equity index.

The Middle East’s largest regional private sector natural gas company, said its revenue increased 30 per cent to $452 million in 2021 compared to $349 million (Dh1....