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AME Info, Abu Dhabi, United Arab Emirates, energy, oil and gas briefs [AME Info, Abu Dhabi, United Arab Emirates](12 Nov 2009 14:49:00 EST)Nov. 12--TAQA Q3 PROFITS FALL 88 PERCENT: State-controlled Abu Dhabi National Energy Co. has reported an 88 percent fall in third-quarter profit, as income from oil and gas sales fell, Bloomberg has reported.
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TAQA Q3 Profit Down 87.5pc [Khaleej Times, Dubai, United Arab Emirates](12 Nov 2009 00:01:00 EST)Nov. 12--ABU DHABI -- Abu Dhabi National Energy Company, or TAQA, said that its net profit tumbled 87.5 per cent to Dh90 million in the third quarter from the Dh723 million it earned a year ago, due to continued instability in oil prices. Total revenue reached Dh3.9 billion compared with Dh4.5 billion, a decrease of 14 per cent, the ADX listed Energy Company said in a regulatory posting.
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AME Info, Abu Dhabi, United Arab Emirates, energy, oil and gas briefs [AME Info, Abu Dhabi, United Arab Emirates](04 Nov 2009 18:36:00 EST)Nov. 4--TAQA TALKS TO TOSHIBA ON AREVA T&D BID: Abu Dhabi National Energy Co and Toshiba Corp plan to enter into a joint venture for the power transmission and distribution business of French industrial conglomerate, Areva, Reuters has reported, citing two people familiar with the matter.
