UAE energy firms Dana Gas, Dragon Oil and TAQA all reported profits down for the first half of 2013.
For state-controlled Abu Dhabi National Energy Company (TAQA) a profit of $267mn for the first half of 2012 slid into a loss of $18mn for the same period this year. On a quarterly basis the collapse is even more pronounced; a $120mn profit for 2Q12 turned into a $47mn loss for 2Q13. (CONTINUED - 689 WORDS)
