The United Arab Emirates will leave OPEC, a decades-old cartel of the world’s top oil exporters, delivering a shock that will ripple through global oil markets at a time of unprecedented turmoil …
UAE leaves OPEC in blow to global oil producers’ group
By Maha El Dahan DUBAI, April 28 (Reuters) – The United Arab Emirates on Tuesday said it was quitting OPEC, dealing a blow to the oil producers’ group as an unprecedented energy crisis caused by the …
The UAE is Leaving OPEC. Here’s What It Means for the Global Oil Market.
The UAE is withdrawing from OPEC starting next month. The move will enable the UAE to grow its production without restriction. U.S. oil companies ExxonMobil and Occidental Petroleum could benefit as …
UAE quits OPEC and what it could mean for California gas prices
The UAE said it will leave OPEC. Experts say the move likely won’t hit California gas prices right away but adds long‑term uncertainty.
UAE quits Opec in win for Trump as oil cartel weakened
US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil prices …
United Arab Emirates to leave OPEC May 1, energy chief says still committed to oil price stability
The UAE said it decided leaving OPEC was in its national interest after reviewing its production policy and capacity.
Roundup: Offshore wind leases / UAE exiting OPEC / McDonald’s beverages
The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development. Bluepoint Wind and Golden State Wind have agreed to end …
Roundup: Offshore wind leases / UAE exiting OPEC / McDonald’s beverages
The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development. Bluepoint Wind and Golden State Wind have agreed to end …
UAE’s largest offshore yard hit sees net profit drop 63% on ‘cost overruns’ and logistics challenges
NMDC Energy is a key offshore contractor for the state giant Adnoc, which is embarking on a major investment drive to boost its oil production capacity to 5 million bpd …
UAE’s largest offshore yard hit sees net profit drop 63% on ‘cost overruns’ and logistics challenges
NMDC Energy is a key offshore contractor for the state giant Adnoc, which is embarking on a major investment drive to boost its oil production capacity to 5 million bpd …
United Arab Emirates ditches OPEC
The United Arab Emirates announced on Tuesday that it will depart from the Organization of the Petroleum Exporting Countries on May 1, 2026. In an official statement delivered via the Emirates News …
Sharjah Police arrest man for producing drug-laced E-cigarettes
The Sharjah Police General Command, through its Directorate of Drug Prevention and Control, has reported the arrest of an Asian national after …
Sharjah Police arrest man for producing drug-laced E-cigarettes
The Sharjah Police General Command, through its Directorate of Drug Prevention and Control, has reported the arrest of an Asian national after …
Sharjah Police arrest man for packing drugs into e-cigarettes to distribute
The suspect had converted his residence into a small facility for filling electronic cigarettes and packaging them with narcotic substances …
UAE to leave OPEC in win for Trump against oil cartel
President Donald Trump has accused OPEC of “ripping off the rest of the world” by inflating oil prices.
UAE exits OPEC and OPEC+, seeking output flexibility as global energy markets tighten
UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and supply chains.
UAE Leaving OPEC at Right Time, Energy Minister Says
The United Arab Emirates is leaving OPEC on May 1, dealing a blow to the group and its leader Saudi Arabia. UAE Energy Minister Suhail Al Mazrouei tells Bloomberg’s Joumanna Bercetche that the timing …