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Jennifer Gnana

Jennifer Gnana


Articles

Iraqi oil minister Jabbar Al Luaibi said a new management team had been formed to handle production from Majnoon. Antonie Robertson / The National
Iraq to take over Majnoon field following Shell's exit

Oil ministry plans to keep costs under control as it targets raising production to 400,000 bpd

EnergyDecember 21, 2017
Jennifer Gnana
An Aramco oil refinery in Dahran, Saudi Arabia. Regional oil companies are looking to develop their downstream sectors. Getty Images
Middle East oil majors look to spend in 2018

A rise in prices means many see an improving environment that will prove conducive for return of investment

EnergyDecember 21, 2017
Jennifer Gnana
Saudi finance minister Mohammed Al Jadaan says senior Saudi officials touring the US will visit investment banks. Fayez Nureldine / AFP
Saudi Arabia extends timeline for energy price reform

Region's largest economy delays petrol price rises to protect economic growth

EnergyDecember 21, 2017
Jennifer Gnana
An Emirates Global Aluminium smelting pot at one of its operations. Courtesy Emirates Global Aluminium
Emirates Global Aluminium to meet feedstock requirements from new caustic soda facility

The aluminium producer will get supply from a chemical complex to be built in Abu Dhabi's Kizad

EconomyDecember 19, 2017
Jennifer Gnana
Takaful Emarat has acquired Al Hilal Bank's Islamic insurance entity to create the largest takaful group in the country. Reem Mohammed / The National
Takaful Emarat, Al Hilal Takaful merge to form the UAE's largest Islamic insurer

Both firms had Dh900 million in combined gross written contributions in 2016

BusinessDecember 19, 2017
Jennifer Gnana
Saudi Arabia is expected to tender up to 800MW of wind capacity this year. Victoria Hazou / The National
Egypt's Suez-facing windfarm reaches financial close

Consortium led by Orascom Construction entered into a 20-year power purchase agreeement with Egypt's state-owned distributor

EnergyDecember 18, 2017
Jennifer Gnana
Saudi Arabia and its allies said they were in discussions in June to offer Bahrain an economic package. Getty Images
Investcorp planning at least 3 exits in the next 12 months, co-CEO says

Bahrain investment firm is also eyeing $5bn investments a year

EconomyDecember 14, 2017
Jennifer Gnana
Lebanon's Oil Minister Cesar Abi Khalil is seen at the presidential palace in Baabda, Lebanon December 14, 2017. REUTERS/Mohamed Azakir
Lebanon approves offshore energy exploration bids

Beirut hopes potential gas discoveries can help meet domestic power demands and ease huge import bills

EnergyDecember 14, 2017
Jennifer Gnana
Saudi Aramco will spend $414 billion over the next ten years in building infrastructure and drilling as it targets a doubling of its gas production capacity. Hamad I Mohammed / Reuters
Aramco signs $175m contract with Baker Hughes to ramp up production from eastern gas fields

Energy giant looks to displace oil with gas to meet power generation needs

EnergyDecember 14, 2017
Jennifer Gnana
French President Emmanuel Macron is shown on a big screen as he delivers a speech at the One Planet Summit. Eric FEFERBERG/AFP
World Bank to stop oil and gas investments funding beyond 2019

The bank's 28% lending portfolio will go towards clean energy investment funding by 2020

EconomyDecember 13, 2017
Jennifer Gnana
Petrofac developed phase one of the BP-operated Khazzan field, which came online in September. Petrofac
Petrofac wins $800m contract to develop second phase of massive Omani tight gas field

BP awards contract to develop Khazzan, which also won the contract to build central processing facility for the first phase of development

EnergyDecember 13, 2017
Jennifer Gnana
A Saudi woman prepares to get into a taxi on a main street in Jeddah. AFP / Amer Hilabi
Saudi gasoline demand to hold steady despite new price regime

Around sixty-five per cent of Saudi women are expected to apply for a licence driving upping demand for the fuel

EnergyDecember 13, 2017
Jennifer Gnana
Mohammed bin Rashid Al Maktoum Solar Park in Dubai is home to the world's largest solar power project with a capacity of 700 megawatts and to be built at a cost of Dh14.2 billion. Dubai Media Office
Acwa Power sees Dubai CSP financial closure in early 2018

Saudi utility developer confirms dual listing plans for coming year

EnergyDecember 11, 2017
Jennifer Gnana
Energy Minister Suhail Al Mazrouei said he was not concerned with the current oil price. Yasser Al Zayyat / AFP
Opec, non-Opec to work on exit strategy in June 2018

Producers agreed in November to extend a global oil deal till the end of 2018

EnergyDecember 11, 2017
Jennifer Gnana
Rashid Alleem, chairman of Sharjah Electricity and Water Authority looks to build domestic capacity, plug water leakages and privatise parts of the agency's business
Exclusive: Sharjah's utility provider targets electricity self-sufficiency by 2021

Sharjah Electricity and Water Authority provides power and water to a customer base set to reach almost two million by 2020

EnergyDecember 10, 2017
Jennifer Gnana
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