GOLD/FOREX
DUBAI 35°C
PRAYER TIMES
BUSINESS
BUSINESS
Business /
Energy

Crescent raises its stake in Dana to over 20%

Energy company gets permission to acquire additional shares as an insider

Last updated:
1 MIN READ

The Sharjah-based energy company said in a statement Tuesday that it has permission to acquire additional shares in Dana Gas as an insider.

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox

Up Next

Related Stories

The Honda Prologue.

963% surge: Honda hits explosive EV growth

46m ago3m read
A presidential fly-by on the existing Malampaya oil and gas platform. New well are being drilled under Service Contract 38 (SC 38). The Philippines is said to be “sitting” on a gold mine of untapped hydrocarbons estimated to worth $26.3 trillion, according to a recent study. This is a largely unproven claim, but one that’s worth noting. Since the 1970s, only a few wells had been drilled, supplying a small chunk of the domestic oil and gas demand for its 110 million inhabitants.

Philippines: New drilling begins for fresh gas supplies

4m read
The ADNOC owned XRG investment vehicle already has committed significant funding in its global moves.

ADNOC transfers key OMV stake to investment vehicle

1m read
A NIO battery swapping station.

Solid-batteries just got real — rolling off factories

5m read