Taqa hikes oil and gas capex as total spend hits $2bn

Abu Dhabi National Energy Company (Taqa) increased capital expenditure (capex) in the first half of 2026, driven mainly by new investments in oil and gas, as well as its water and power generation, transmission and distribution businesses. Capital expenditure in the oil and gas segment rose 17 percent year on year to AED409 million ($111 […]