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S&P lowers rating on Taqa debt
(The National - 26/04/2017)

Standard & Poor's said on Tuesday that it had cut Abu Dhabi National Energy Company's debt rating by a notch, citing "decreasing predictability of government support" for Taqa, as the energy company is known. S&P said it downgraded Taqa's rating to A-

After taking big loss on assets, Taqa sets recovery course
(The National - 17/04/2017)

Abu Dhabi National Energy Company's top management is putting together a recovery plan after taking the long-delayed decision last month to write off an enormous Dh22 billion (US$6bn) of value in its oil and gas portfolio. The Abu Dhabi Water &

Taqa extends rally on speculation Abu Dhabi may help after loss
(Gulfnews - 04/04/2017)

Shares in Abu Dhabi National Energy Co. soared for a second day amid investor speculation the government will step in after the oil company known as Taqa reported a record $5.2 billion (Dh19.1 billion) loss. The stock climbed 9.6 per cent to 0.57 dirham,

Abu Dhabi energy firm Taqa posts $5.2bn net loss
(Trade Arabia - 02/04/2017)

Abu Dhabi National Energy Company (Taqa) has reported a net loss of Dh19 billion ($5.2 billion) for the financial year 2016 as it wrote down the value of oil assets after prices slumped. Announcing the results, Taqa said it booked a post-tax impairment

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