Dana has posted a fourth-quarter loss of AED193m

Thursday, February 4th, 2010

Abu Dhabi-based gas company Dana has posted a fourth-quarter loss of AED193m ($52.54m), its second consecutive loss after accounting write-offs and the impairment of some oil and gas assets last ...


Dana Gas Egypt Achieves 20% Increase in 2009 Average Daily Production Rate

Tuesday, January 5th, 2010

Makes 9th New Gas Discovery Dana Gas PJSC, the Middle East's first and largest regional private sector natural gas company, has announced that it has successfully achieved its end of year ...


Dana Gas has announced the appointment of James Dewar as Group Chief Financial Officer (CFO)

Wednesday, September 16th, 2009

Dana Gas PJSC, the Middle East’s first and largest private-sector gas company, has announced the appointment of James Dewar as Group Chief Financial Officer (CFO). Mr. Dewar brings in over 27 ...


Oil News from around the web, Nigeria’s fortunes;Azerbaijan and Turkey;Stanlow facility;Australian oil and gas block

Tuesday, August 18th, 2009

The price of oil fell to its lowest in more than two weeks because of decreased demand and growing stockpiles in the US to ensure sufficient supplies during the North ...


Oil News from around the web, Crude oil for August 2009 delivery fell 50 cents to $59.39 a barrel ;London Brent fell 40 cents to $60.12; Nigeria militants claim attack on Lagos oil depot

Monday, July 13th, 2009

TNK-BP closed the necessary transactions to take near-complete control over the shares in the Lisichansk refinery, a top producing refinery in Ukraine. The refinery, located near the eastern border in Ukraine, ...


Dana Gas makes a new gas discovery in the Nile Delta, Egypt

Thursday, May 28th, 2009

The Tulip-1 well represents the fourth discovery in 2009 for the company Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced another gas discovery ...


MOL and OMV join Dana Gas and Crescent in Kurdistan Region of Iraq

Tuesday, May 19th, 2009

Partnership set to invest US$8 billion in gas resource development and infrastructure; production potential of 3 BCF/day Dana Gas PJSC, the Middle East’s first and largest regional private-sector natural gas ...


Dana Gas Expands its Operations and Investments in Egypt

Wednesday, May 13th, 2009

  Al Arbeed: Dana Gas committed to expanding Egypt operations and investments in partnership with government, energy companies Dana Gas, the Middle East’s first private sector regional natural gas company, announced ...


Dana Gas production in Egypt climbs 20% as newly discovered fields are coming on stream

Monday, May 11th, 2009

Dana Gas provides updates on its Nile Delta operations Dana Gas, the Middle East's first and largest regional private sector natural gas company, has increased production through its El Wastani gas ...


Dana Gas PJSC, appointment of three new members to its Board of Directors

Monday, April 27th, 2009

Dana Gas PJSC, the Middle East’s first and largest private-sector gas company, has announced the appointment of three new members to its Board of Directors – Sheikha Hanadi Nasser Bin ...


Dana Gas seeks to surpass 2008 achievements, Leading regional gas company looks to build on achievements

Wednesday, April 22nd, 2009

Dana Gas PJSC, the Middle East's first and largest private sector regional natural gas company, outlined the key business achievements made by the company in 2008 at the Annual General ...


Dana Gas Announces First Gas Production From Al Basant Discovery And Its First Horizontal Well El Wastani East in Egypt.

Monday, April 6th, 2009

Dana Gas, the Middle East's first and largest regional private sector natural gas company, is pleased to announce that it had started its first production from the recent gas & ...


Dana Gas Chairman meets Egyptian Prime Minister

Thursday, February 19th, 2009

Introduces Egypt Gas City at Cairo Business Roundtable His Excellency Dr. Ahmed Nazif, the Prime Minister of Egypt, met Mr Hamid Jafar, Executive Chairman of Dana Gas,  at the Economist Conference’s ...


Dana Gas announces further gas discovery in Egypt

Monday, February 16th, 2009

New discovery from ‘West Manzala 2’ well is fourth in a row for Company Dana Gas, the Middle East's first and largest regional private sector natural gas company, has made its ...


Dana Gas moves ahead with plans for 1,000 sq km offshore concession in Sharjah

Monday, February 2nd, 2009

Equipment and materials ordered, contracts to be awarded Dana Gas, the Middle East's first and largest regional private-sector natural gas company, is moving ahead with plans for the exploration and development ...


Dana Gas Annual Revenues Grow to AED 1.14 billion

Monday, February 2nd, 2009

Cash-flow from Operations increases by 20% to AED 575 million Net Profit for the year up by 8% during 2008 Multiple discoveries have doubled Company’s Egypt gas reserves Total production increases by over ...


Dana Gas set to build on achievements with target 76% increase in production rate in 2009

Friday, January 9th, 2009

Regional gas sector growing strongly despite global financial crisis Dana Gas PJSC, the Middle East’s first and largest regional private-sector natural gas company, expects a strong year of growth in both ...


Dana Gas announces further important gas discovery in Egypt

Tuesday, January 6th, 2009

El Basant-2 well boosts company reserves and production potential for 2009 Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced a significant gas and ...


Dana Gas and Crescent Petroleum announce First Gas in Kurdistan Region of Iraq

Tuesday, October 7th, 2008

Dana Gas PJSC, the Middle East's first regional private-sector natural gas company, and its partner Crescent Petroleum, the Middle East's oldest private oil and gas company, have announced the start-up ...


Dana Gas selected for S&P Shariah Indices

Thursday, September 25th, 2008

Chairman confirms commitment to Islamic values Sharjah, 24 September 2008 Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has confirmed that it has been approved by the ...


Dana Gas Achieves Revenue of AED 581 million in First Half 2008

Friday, August 22nd, 2008

Quarterly Revenue rises to AED 309 million, 28% increase over same period last year Quarterly Gross Profit increases by 21% over same period last year Quarterly EBITDA increases by 76% ...


Emarat and Dana Gas announce completion of Hamriyah Gas Pipeline Project

Saturday, June 7th, 2008

Dana Gas, the Middle East's first and largest regional private-sector natural gas company, and Emirates General Petroleum Corporation (“Emarat”), have announced the completion and inauguration of the Middle East’s first ...


Dana Gas joins World Economic Forum Community of Global Growth Companies

Tuesday, May 20th, 2008

Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, participated this week at the World Economic Forum on the Middle East 2008 in Sharm ...


Dana Gas Revenues Grow 35%

Thursday, May 15th, 2008

First Quarter EBITDA up by 45% to AED 142 million Sharjah – May 15, 2008 Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has ...


Dana Gas Receives Award for Egypt Operations

Wednesday, May 7th, 2008

Exploration well in Southern Egypt wins “Best New Concept” Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has been awarded “Best New Concept” for the Al-Baraka ...


Dana Gas Builds Strong Foundations for Growth

Sunday, April 6th, 2008

Company AGM Reviews First Year of Operations and Expansion Plans for Coming Year Sharjah, 6 April 2008 Dana Gas PJSC, the Middle East’s first regional private sector natural gas company, reviewed the ...


Dana Gas Project in Iraqi Kurdistan over 70% Complete Company Chairman briefs KRG Prime Minister on Progress Total Investment of $650 million, highest in Iraqi petroleum sector

Monday, March 3rd, 2008

Sharjah, March 2008 Dana Gas, the Middle East’s first and largest regional private sector natural gas company, has announced that its project in the Kurdistan Region of Iraq to supply, process ...


Dana Gas and Ikarus Petroleum enter into Strategic Alliance

Sunday, February 24th, 2008

Parties to cooperate on downstream gas projects and petrochemicals Sharjah -February 2008 Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has announced the signing of a Memorandum ...


Dana Gas Senior Delegation Meets Algerian Oil and Gas Officials

Friday, February 8th, 2008

Sharjah, 6 February 2008 Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has announced its successful participation in the 3rd Algerian Economic Forum, which was held ...