market-analysis

Taqa ups capital spend by 46% despite revenue fall

By CityCalc Newsroom · Fri May 15 2026 · Source: AGBI

Abu Dhabi National Energy Company (Taqa) said revenue fell in the first quarter due to lower sales in the oil & gas segment amid the ongoing regional conflict. Its top line declined 3 percent to AED13.7 billion ($3.7 billion) between January and March 2026, compared to AED14…

Abu Dhabi National Energy Company (Taqa) said revenue fell in the first quarter due to lower sales in the oil & gas segment amid the ongoing regional conflict. Its top line declined 3 percent to AED13.7 billion ($3.7 billion) between January and March 2026, compared to AED14…

Curated by CityCalc from AGBI. Read the full article at the source.

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