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Abu Dhabi's Taqa to sell wells in N America following record loss

The company plans to invest more in the hydrocarbon business in Canada's Alberta province


ABU Dhabi National Energy Co, the government-run company known as Taqa, is generating cash from overseas oil and natural gas operations, and wants to sell some higher-cost wells in North America after reporting a record US$5.2 billion loss last year.

After a two-year...

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