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16 resultsfor “UAE oil production capacity”

Business

UAE quits OPEC: What that means for the Gulf, energy markets and beyond

oil and liquefied natural gas (LNG) are shipped from Gulf producers. Before the start of the war, the UAE’s production capacity

Al Jazeera EnglishApr 29
Business

Faisal Islam: Why the UAE's exit from Opec is a big deal

oil crises, which in turn transformed global energy policy. While Opec production is dominated by Saudi Arabia, the UAE had the second highest spare production capacity

BBC NewsApr 28
Business

UAE to complete second oil pipeline bypassing strait of Hormuz by 2027

production quotas to keep oil prices high enough to support its economic agenda. The exact capacity of the new pipeline has not been disclosed but doubling its existing capacity to 3.6m barrels

The Guardian WorldMay 15
Politics

The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity

oil prices. By choosing production freedom, Abu Dhabi sends a signal of distancing from that architecture, one whose geopolitical value in Washington is immediately legible. In doing so, the UAE makes a choice that goes

Al Jazeera EnglishApr 29
Business

UAE to quit Opec in blow to oil exporters’ cartel

production quotas. Opec Gulf producers have already been struggling to ship exports through the strait of Hormuz, a narrow choke point between Iran and Oman through which a fifth of the world’s crude oil

The Guardian WorldApr 28
Business

Africa’s richest man plans new Mombasa oil refinery: Why this matters

production capacity in February 2026, the same month the war with Iran started. Nigeria has no functional state-owned refinery, so Dangote’s refinery is now positioning the country to be a net exporter

Al Jazeera EnglishMay 12
Business

UAE to accelerate oil pipeline project to bypass Strait of Hormuz

UAE to accelerate oil pipeline project to bypass Strait of Hormuz The United Arab Emirates is fast-tracking the construction of a new pipeline which will double the export capacity through Fujairah, a port city

Al Jazeera EnglishMay 15
Business

How the UAE’s decision to leave Opec could recast the Middle East

UAE has decided to abandon the economic solidarity of the oil producers’ club and to go it alone. The state-run firm Adnoc says it will be able to boost production from 3.4m barrels

The Guardian WorldApr 28
Business

What are OPEC and OPEC +, and why has the UAE quit?

oil companies, known as the “Seven Sisters,” which controlled production and set prices. The broader aim of the founding countries was to assert sovereignty over their natural resources and secure fair and stable prices

Al Jazeera EnglishApr 28
Conflicts

Iran war: What’s happening on day 61 as UAE exits OPEC?

UAE to leave OPEC after nearly 60 years:** The United Arab Emirates says it will exit OPEC on Friday, ending decades of membership in the oil-producing cartel. - **Gulf states condemn Iran over Hormuz threat

Al Jazeera EnglishApr 29
Politics

Iran war: What’s happening on day 62 as Trump asks Iran to ‘give up’?

production halt?** The US says cutting off exports will eventually push Iran’s storage to capacity, forcing output to stop, but analysts say remaining storage may cover only about 20 days of output. As Muyu

Al Jazeera EnglishApr 30
Politics

US waiting on a response from Iran over proposals for ceasefire deal, says Rubio

capacity had not only been repaired and restocked during the pause in hostilities, but expanded. Control of the strait and the threat to restart attacks on nearby countries’ oil and other infrastructure in the Gulf

The Guardian WorldMay 8
Politics

From railways to energy — five strategic projects linking Gulf states

capacity, lowers electricity production costs and provides backup during emergencies. It also allows countries to exchange surplus power, improving efficiency and reliability across the region. It also offers a working model of what deeper integration

Al Jazeera EnglishApr 30
Politics

The GCC should insure itself against the next Strait of Hormuz crisis

product exchange, or a retained-volume fee. The swap does not require the trapped commodity to move immediately. It requires a transparent title, valuation and reconciliation, so that a substitute commodity can be delivered

Al Jazeera EnglishMay 24
Business

Oil markets nearing ‘red zone’ as holiday season nears, warns IEA chief

capacity and its industry would face difficulties. ![Fatih Birol.](https://i.guim.co.uk/img/media/a7ca84f108b1e2cb0186d70ca7d1f448fe63aab8/0_0_6921_4614/master/6921.jpg?width=445&dpr=1&s=none&crop=none) Fatih Birol made the comment while speaking to the London-based thinktank Chatham House. Photograph: Lukas Coch/AP The IEA chief has already warned

The Guardian WorldMay 21
Tech

Tata-ASML deal: How significant is it for India’s semiconductor push?

capacity for production within India.” According to analyst Harsh V Pant, the deal is one of the “most important semiconductor developments India has seen in recent years”. The deal is significant because it signals

Al Jazeera EnglishMay 18