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      Jennifer Gnana

      Jennifer Gnana

      Assistant Business Editor
      Location
      Jennifer is a multilingual journalist with over 14 years‘ experience covering the Middle East, specialising in political and energy reporting. She has reported from Gulf states and Iran for international and regional outlets, bringing deep expertise in political economy and energy affairs. A former BBC producer and energy correspondent for The National, Jennifer combines strong analytical and data journalism skills with on-the-ground reporting and public speaking experience, having moderated panels at major regional forums.
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      Articles

      A sign outside the Organisation of the Petroleum Exporting Countries headquarters in Vienna. Opec and its allies are hosting a joint ministerial monitoring committee meeting to discuss producers' compliance with agreed production cuts. AFP
      Global oil demand to recover to 97% of pre-Covid levels by year-end, Saudi energy minister says

      Prince Abdulaziz said oil markets showed “signs of improvement”, indicated by the drawdown of global inventories

      EnergyAugust 19, 2020
      Ms Freeland, 52, is only the second-ever female finance minister from the Group of Seven countries, following Christine Lagarde of France. REUTERS/Patrick Doyle
      Canada appoints its first female finance minister

      Ms Freeland, a former journalist and Canada's deputy minister, is a champion of aggressive fiscal policy

      EconomyAugust 19, 2020
      Thick black oil sits on the pipe work fitting of an oil pumping jack, also known as "nodding donkey" in an oilfield near Almetyevsk, Russia. Oil demand growth is expected to remain tepid long-term if the pandemic’s impact on education and future workforce is also considered. Bloomberg
      Global oil demand recovery looks uncertain amid a potential second wave of Covid-19 cases

      Supply is likely to remain restricted as Opec+ maintains cuts until 2022, analysts say

      EnergyAugust 19, 2020
      Abu Dhabi, United Arab Emirates, January 11, 2020. Atlantic Council Global Energy forum, Abu Dhabi. H.E. Dr. Sultan Al Jaber, Minister of State, United Arab Emirates and Chief Executive Officer, Abu Dhabi National Oil Company at the forum. Victor Besa / The National Section: BZ Reporter: Jennifer Gnana
      Adnoc 'open' to more investments in its downstream business

      Dr Al Jaber remains optimistic about oil demand recovery this year, citing 'robust' growth from China

      EnergyAugust 18, 2020
      Adnoc invited international oil companies and financial institutions in 2018 to invest about $45bn to develop its downstream sector. Courtesy Adnoc
      Adnoc's $3.5bn crude flexibility project is 73% complete

      The project allows for additional Abu Dhabi grades such as Upper Zakum to be processed alongside the flagship Murban at Ruwais

      EnergyAugust 17, 2020
      Saudi Arabia's energy minister Prince Abdulaziz said there were promising opportunities from the project that could support the reliability of the electrical networks. SPA
      Saudi Arabia and Jordan to develop electricity interconnection grid

      The link will span 164km and is part of Saudi Arabia's Vision 2030 strategy

      EnergyAugust 17, 2020
      US crude, which plunged below zero, trading in the single digits in April, ahead of the expiry of the benchmark’s May contract, over saturated storage, has since made a decent recovery. AFP
      Oil prices rise ahead of Opec+ meeting

      Last week, the IEA revised its outlook for global oil demand down by 140,000 bpd

      EnergyAugust 17, 2020
      France's EDF and Masdar are also developing Saudi Arabia's first wind farm in Al Jouf region, north of Riyadh. Courtesy: Masdar
      Abu Dhabi's Masdar expands presence in US with stakes in 8 projects

      The renewable energy firm will develop projects in wind, solar and battery technology with EDF Renewables North America

      EnergyAugust 13, 2020
      A pump jack in Midland, Texas. Supply is likely to decline by 7.1m bpd this year, and rise by 1.6m bpd in 2021, according to the IEA. Reuters
      IEA slashes 2020 oil demand growth outlook by 140,000 bpd

      The Paris-based agency expects demand to soften to 91.9 million bpd this year

      EnergyAugust 13, 2020
      Taqa finalised a deal with Abu Dhabi Power Corporation to create one of the largest utility companies in Europe, the Middle East and Africa with Dh200bn of assets. Ravindranath K / The National
      Taqa swings to loss in Q2 as pandemic impacts global energy market

      Revenue from the company’s utilities business in the UAE remained unchanged

      EnergyAugust 13, 2020
      Adnoc Distribution's revenues fell 45.2% year-on-year in the second quarter due to movement restrictions put in place to contain the spread of the Covid-19 pandemic. Victor Besa / The National
      Adnoc Distribution profit slides amid pandemic

      Fuel volumes feel as a result of mobility restrictions in place to prevent the spread of the coronavirus

      EnergyAugust 13, 2020
      The US government stepped in to help the industry at a time when US benchmark, West Texas Intermediate, collapsed below zero to trade at -$40 per barrel. Bloomberg
      US energy companies withdraw crude stocks from strategic reserves as demand rises

      Department of Energy figures show 2.2 million barrels have been reclaimed since the beginning of August

      EnergyAugust 12, 2020
      The Saudi state oil company reported a 73.4% fall in second quarter net profit on Sunday, citing low oil prices and declining refining and chemical margins. REUTERS
      Saudi Aramco expects oil to recover to 90m bpd by year-end

      The company's capital spending for 2021 and beyond is set to be significantly lower than previous guidance of $40bn to $45bn

      EnergyAugust 10, 2020
      The organisation, headed by serious vice president Abdulaziz Al Gudaimi will begin operation on September 13, 2020..​​​​ EPA
      Saudi Aramco to pay $18.75bn in dividends as net profit slides

      Last week, Sabic, the region’s biggest petrochemicals company, reported its third consecutive quarterly loss on the back of lower product prices

      EnergyAugust 09, 2020
      All existing alcohol licence holders in Dubai will need new updated cards in September. Reem Mohammed / The National
      Economy ministry to implement flexible package to support growth

      The plan, which will be implemented in three phases, includes 33 major initiatives focusing on development of various sectors

      EconomyAugust 07, 2020
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