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UAE

Oil & Gas

UAE eyes first net-zero by 2050 goal among major Petrostates

The United Arab Emirates could become the first nation among the Organization of the Petroleum Exporting Countries (OPEC) to set a net-zero goal, a move that would please Western countries pushing for stronger climate commitments but won't require it to sell less oil.

Oil & Gas

Russia and Saudi Arabia power risks OPEC+ break-up

Frustrated UAE representatives are sending subtle but strong signals that they may be the first in the OPEC+ oil producers group to break free and go it alone.

Middle East

Abu Dhabi said to near pipeline deal with GIP-backed group

Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset Management Inc., in what is set to be one of the year’s biggest infrastructure deals.