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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.
      Follow on XLinkedIn

      Articles

      The Mohammed bin Rashid Solar Park is expected to generate 5000MW of electricity by 2030 and is expected to drive up to Dh50 billion in investments. Image courtesy of Masdar
      Dewa signs power purchase agreement for fifth phase of solar park

      The 900 megawatt phase will be commissioned in stages starting from the third quarter of 2021

      BusinessApril 29, 2020
      China, the world's second-largest economy is forecast to grow by 1 per cent this year, according to Moody's. Getty Images
      Coronavirus to drive 'deep recession' in 2020, says Moody's

      Advanced economies in the G20 are expected to contract by 5.8 per cent this year

      BusinessApril 29, 2020
      The Emirates Water and Electricity Company is planning to develop a giant two-gigawatt solar farm in Al Dhafra. Wam
      Abu Dhabi solar scheme receives lowest tariff in the world

      The 2GW solar scheme is expected to be completed in the second quarter of 2022

      EnergyApril 28, 2020
      Global storage space is already exhausted in some locations such as Estonia with WTI's physical delivery point at Cushing, Oklahoma set to reach its capacity limits in May. Bloomberg
      US crude futures fall further triggering fears of slide into negative territory

      WTI fell as low as $10.63 per barrel in early trading on Tuesday

      BusinessApril 28, 2020
      Inventories at Cushing, the landlocked physical delivery point for WTI fell 3 million barrels last week, according to the EIA, easing concerns of limited storage capacity. Bloomberg
      US oil futures continue to fall as supply overwhelms storage capacity

      Saudi Arabia and Kuwait have begun implementing production cuts ahead of schedule in an effort to balance supply

      EnergyApril 27, 2020
      The UAE, Opec’s third-largest producer, plans to increase its output capacity to 5 million barrels per day by 2030 Bloomberg
      Adnoc and ADPower issue tender for subsea transmission system

      Invitations to build and run the networks have been sent to international oil companies

      BusinessApril 27, 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
      Camera10
      Oil recovery picks up on renewed US tension with Iran

      US inventory build-up reaches three-year high, taking total to 518.6 million barrels

      BusinessApril 23, 2020
      Much of oil traded under Brent is seaborne unlike landlocked WTI in the United States, allowing for greater flexibility for storage. AFP
      Brent claws back above $21 after falling to more than two decade lows

      The US West Texas Intermediate benchmark slipped into negative for the first time on Monday as storage options hit saturation

      BusinessApril 22, 2020
      A pumpjack brings oil to the surface in the Monterey Shale, California. The landlocked nature of US production constrains the ability to use floating storage as an option. Reuters
      Oil prices under pressure after slipping into negative territory for the first time

      US benchmark West Texas Intermediate swung back into positive single digits while Brent languished at 18-year lows as President Trump pledges to support American producers

      BusinessApril 22, 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
      Camera5
      How US oil prices tanked into negative territory

      With storage tanks filling up, nobody wanted to buy oil last night in the US

      EnergyApril 21, 2020
      The US benchmark crude oil price sank to its lowest level ever on April 20, 2020, falling below $3 a barrel. AFP
      Camera10
      US oil price turns negative for first time in history

      Investors bailed out of the May contract ahead of its expiry later on Monday because of lack of demand for the product itself

      EnergyApril 21, 2020
      Rig counts in the US, an indicator of upstream activity, slipped to the lowest levels since 2009, as shale independents continue to shut in production. Getty
      Camera10
      What are negative oil prices and what is their impact on markets?

      US oil prices plunged to a record low of minus $37.61 on April 20, three weeks after 'The National' reported the slide was a possibility

      EnergyApril 21, 2020
      The Marathon Refinery in Carson, California. West Texas Intermediate, the US benchmark crude oil price, collapsed on April 20, 2020. It fell to -$37.63 per barrel amid an epic supply glut caused largely by the coronavirus pandemic’s hit to demand. AFP
      Camera10
      US oil prices rebound but slip back into negative territory

      WTI's May contract collapsed rapidly – settling at -$37.63 per barrel on Monday – but regained some ground, while Brent is at an 18-year low

      EnergyApril 21, 2020
      Shale oil well in the Permian Basin near Crane, Texas. Shale production has gone down sharply as demand for oil plunges. Bloomberg
      Camera10
      How Covid-19 is forcing the US to rethink its energy policy

      The energy department is drafting a plan to pay producers to keep their oil reserves untapped

      BusinessApril 21, 2020
      Increasing investment in renewable energy 'is essential to building a more resilient energy system', Irena director general Francesco La Camera said. Antonie Robertson/The National
      Decarbonisation by 2050 could generate $98tn in GDP growth, Irena says

      A major overhaul of economies geared to cleaner energy sources could require investment of up to $130tn

      BusinessApril 20, 2020
      More Articles

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