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Jennifer Gnana

Jennifer Gnana


Articles

Oil prices are expected to rally next year on the back of an anticipated supply deficit in the market from ongoing production curbs. Karim Sahib / AFP
Supply gap to push Brent to US$75/b in 2019, BMI says

Goldman Sachs estimates the crude benchmark to climb to US$80/b in six months

EnergyFebruary 05, 2018
Jennifer Gnana
Kuwaiti Finance Minister Dr Nayef Al Hajraf, said the fund will help youth pursuing long-term careers. Yasser Al Zayyat / AFP
Kuwait's financial buffers slow fiscal reforms

The country's active parliament also influences the pace of reforms

EconomyFebruary 03, 2018
Dania Saadi
Andrea Di Gregorio, Director Energy Efficiency and Renewables in Ras Al Khaimah, estimates 25 per cent of total consumption will come from renewables in the emirate over the coming 20 years. Satish Kumar / The National
Ras Al Khaimah mulls 25-30% clean energy targets by 2040

The newly set up energy efficiency and renewables office will define targets in the next four months

EnergyFebruary 03, 2018
Jennifer Gnana
Shoppers at Carrefour in Mall of the Emirates. Businesses and consumers in the UAE have begun paying VAT since 1 January 2018. Reem Mohammed / The National
VAT in the UAE: first tax returns must be submitted no later than February 28

Federal Tax Authority reminds businesses required to file monthly of deadline and online system for submission of returns

EconomyFebruary 03, 2018
Jennifer Gnana
Adel Al Ali, group chief executive, Air Arabia, centre, speaks at the launch of the airline's inaugural flight to Sheremetyevo. Courtesy: Air Arabia
Air Arabia adds new Moscow route as Russian tourist numbers rise

Dubai low cost carrier flydubai also added Moscow-Sheremetyevo to its network last year

AviationFebruary 03, 2018
Jennifer Gnana
Kuwait is expected to introduce spending caps and VAT next year. Yasser Al Zayyat / AFP
S&P affirms Kuwait's ratings on the back of anticipated rise in growth

Higher oil prices will push growth towards 2.5% this year and to an average of 3% for 2019-2021

EconomyFebruary 03, 2018
Jennifer Gnana
Dr Sultan Al Jaber, UAE Minister of State and Adnoc Group CEO, met with Wang Yi, China's Minister of Foreign Affairs during a two-day visit to China.
Adnoc explores petchems, technology partnership with China

State-owned oil firm is already a major energy and petrochemical supplier to the Asian country

EnergyJanuary 31, 2018
Dania Saadi
Customers have been notified of lower allocations by Adnoc, said Suhail Al Mazrouei, UAE energy minister and current Opec president. MOHAMMED MAHJOUB/AFP
UAE cuts Murban allocations for March by 25%, says Energy Minister

Abu Dhabi is complying with Opec, non-Opec production cuts in 2018

EnergyJanuary 31, 2018
Jennifer Gnana
Uwe Salge, Wintershall Middle East's general manager, said the firm is looking to expand its regional footprint. Courtesy: Wintershall
Wintershall seeks partnerships in Abu Dhabi's sour gas developments

Parent company BASF said to be seeking petrochemicals tie-ups in the emirate

EnergyJanuary 30, 2018
Jennifer Gnana
Martin Fraenkel, President S&P Global Platts said the price assessment provider is looking to develop its current benchmarks for LNG in the Middle East and Asia. Victor Besa / The National
LNG market to see benchmarks expansion to meet growing demand, S&P Global Platts says

Price assessments provider launched its Middle East Marker for LNG last year

EnergyJanuary 29, 2018
Jennifer Gnana
Renewables form a small component and contribute US$10bn in revenues for the US conglomerate, says Jerome Pecresse, president and chief executive of GE Renewable Energy. (Pawan Singh / The National)
Middle East renewable energy targets require as much as $40bn capital investment, says GE

GE is expanding its renewable footprint in the region, where it currently has 2GW turbine capacity

EnergyJanuary 28, 2018
Jennifer Gnana
Obaid Amrane, Member of the Board, Moroccan Agency for Solar Energy (MASEN) says the North African country is looking to deploy 1.5 Gigawatts of solar and wind capacities to meet its goal of powering 42 per cent of its energy mix from non-fossil resources by 2020. Mona Al Marzooqi/ The National
Morocco looks to add 1.5GW renewable capacity annually

Bid to meet 2020 targets as North African state eyes 52 per cent renewable mix by 2030

EnergyJanuary 23, 2018
Jennifer Gnana
Energy firms across the Middle East are looking for ways to make the desalination process less energy-intensive. Mona Al Marzooqi / The National
ALJ Energy plans carbon-neutral desalination plants fueled by renewable energy

Developer targets Saudi and UAE expansion

EnergyJanuary 21, 2018
Jennifer Gnana
Veolia provides facilities management for Majid Al Futtaim's Mall of Egypt in Cairo via Enova, a Veolia-MAF joint venture. Majid Al Futtaim
France’s Veolia to mobilise $200m in Mena investments

Utilities firm looks to participate in the world’s largest desalination plant in Abu Dhabi

BusinessJanuary 20, 2018
Jennifer Gnana
A Saudi Electricity Co plant near Riyadh. The firm has come in below estimates on earnings. Reuters
Saudi Arabia targets energy efficiencies of 40GW hours in 2018

National Energy Services Company to help schools, mosques and other buildings go green

EnergyJanuary 20, 2018
Jennifer Gnana
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